News

A South Uist smokehouse has received £170,000 in support from the Bank of Scotland to expanding its footprint and introducing new products. Salar Smokehouse, a producer of smoked salmon and trout, opened on the Isle of Benbecula in South Uist in 1997.

Shehzad Ashaq, corporate tax director at Wylie & Bisset, has won the Rising Star in Business category at the 15th Scottish Asian & Business Awards 2022. The awards recognise a wide range of achievements from Asian individuals across Scotland who positively impact business, charity, sport, ar

The October 2022 Football Distress Survey, which has been conducted for over a decade by business recovery specialist Begbies Traynor, indicates that there has been a 50% rise in Scottish clubs showing signs of distress compared with March 2022. A total of nine clubs in Scotland (12.5%) are showing

Rapper 50 Cent has taken legal action against a plastic surgeon allegedly using his image to promote penis enhancement surgery. The lawsuit centres on a photo of the rapper with Angela Kogan, who runs Perfection Plastic Surgery & Med Spa in Florida, the Miami Herald reports.

Ultrasound sensor specialist Novosound has signed a commercial partnership agreement with PAVmed Inc, the Nasdaq-listed diversified medical technology company, to develop technology aimed at advancing intravascular imaging. The PAVmed agreement furthers Novosound’s move into healthcare, and it

Renowned Scottish painter Dame Elizabeth Blackadder has left a £7 million gift to the Royal Scottish Academy to support newer generations of artists and architects. Known as one of Scotland’s greatest painters, Dame Blackadder passed away in August last year at the age of 89. She studied

Fleet vehicle graphics firm, OPG, has successfully completed a multi-million management buy-out (MBO) deal thanks to a six-figure funding package from UKSE, alongside input from private investors. Allan Hamilton has been appointed as managing director, taking the reins from Owen Pilling who formed t

Two Glasgow company directors have received disqualifications after each falsely claimed loans for their companies, taking over £125,000 in taxpayer support that they were not entitled to.

Ann Street, located in central Edinburgh, has been named Scotland's most expensive street with property prices reaching an average of £1.7 million.

Business confidence in Scotland fell nine points during December to 15% but overall economic positivity has increased, according to the latest Business Barometer from Bank of Scotland Commercial Banking.

Blair Nimmo and Alistair McAlinden from Interpath Advisory were appointed joint administrators to Armadilla Limited on 20 December 2022. Founded in 2010 and based in Bonnyrigg, near Edinburgh, the company deals in the design, manufacture and delivery of sustainable luxury modular accommodation, to c

Global real estate advisor CBRE is to relocate its Aberdeen team to a new prime office in prestigious Marischal Square creating a new hub for the firm in the North-east of Scotland. CBRE has secured a suite on level two in 1MSq on a new 10-year lease and is expected to relocate its 15 staff from cur

A series of recommendations have been published to further develop regional economies and help deliver Scotland’s economic transformation. The Regional Economic Policy Review, carried out by an expert advisory group, proposes further supporting the eight Regional Economic Partnerships (REPs) w

Empteezy Group, a Livingston-headquartered designer, manufacturer and distributor of industrial safety products and solutions, has been acquired in a management buy-out. The management buy-out has been led by Empteezy CEO David Byrne and CFO Jon Hazlewood. The team will be further bolstered by the i

Today the Bank of England unveiled the design of the King Charles III banknotes. The portrait of The King will appear on existing designs of all four polymer banknotes (£5, £10, £20 and £50), with no other changes to the existing designs.