News

Bank of Ireland customers experienced a brief windfall as a result of a glitch in the bank's system allowing withdrawals of up to €1,000 (around £856) from ATMs, even if their accounts held no funds. This technical hiccup also affected the bank's app, granting users similar privilege

Bathgate-based Clarus Networks, a provider of business-critical connectivity solutions, has received a combined £50,000 in grants from West Lothian Council to accelerate its expansion plans. The award, comprising a £40,000 Growth Assistance Project Grant and a £10,000 Digital Devel

VINCI Energies has solidified its position in Scotland by acquiring NorPower, a Muir of Ord-based company specialising in extra high voltage overhead lines in the UK. Founded in 2003, NorPower has expertise in the construction, installation, reconfiguration, and refurbishment of woodpole and steel o

The average property price in Scotland in June 2023 remained steady at £189,000 compared to June 2022, according to recent data from the UK House Price Index (HPI).

Glasgow-based integrated drug formulation and clinical trials specialist BDD has secured a fresh £2 million investment to fuel its expansion, responding to a surge in demand for its proprietary drug delivery technology and its niche clinical trial services. This funding initiative was led by p

Recent data emerging from Scotland's labour market has placed the Monetary Policy Committee's (MPC) next interest rate decision in a challenging position.

Manju Malhotra, chief executive officer of luxury retailer Harvey Nichols, has stepped down from her position. The decision comes after Ms Malhotra clashed with the brand's Chinese owner, Sir Dickson Poon, over growth strategies, the Retail Gazette reports.

Recent government research has highlighted a waning faith amongst UK companies in the benefits of new free trade deals post-Brexit.

A significant drop in the number of interest-only (750,000) and part-interest-only (245,000) mortgages has been recorded by the Financial Conduct Authority (FCA).

There was a notable increase in company insolvencies last month with 97 cases registered in Scotland, marking a 41% rise from the previous year. These insolvencies were spread across 44 compulsory liquidations, 51 CVLs (Company Voluntary Liquidations), and two administrations. There were no instance

A Sicilian restaurant has come under fire after charging diners €20 (around £17) to slice a birthday cake brought from home. The group had already spent €124 (around £106) on pizza before asking a waiter to slice their cake.

Rathbones Investment Management has strengthened its Glasgow-based team with the addition of David Moore as investment director. With an over 25 years' industry experience, Mr Moore brings significant expertise, particularly in generational wealth management. His background involves managing investm

A team of individuals from Scotland’s entrepreneurial scene have announced a new trip to showcase innovative Scotland-based businesses in Europe.

Scotland’s largest independent jewellery school, Vanilla Ink CIC, has expanded its footprint in the east end of Glasgow, with new studio space to help budding jewellers get their business ideas off the ground.

The Financial Reporting Council (FRC) has published the 21st edition of its Key Facts and Trends (KFAT) report, providing the latest statistical information and trends on the UK accountancy and audit profession. This year's report highlights continued growth in accountancy membership, with nearly 40