News

First Minister Nicola Sturgeon will pledge the Scottish Government’s support to work in partnership with industry for a more resilient economy following the pandemic, to help create a wealthier, fairer and greener Scotland. In the opening address at the Scottish Council for Development and Ind

Rostra Therapeutics, a life sciences company spinning out of the University of Strathclyde, has secured £80,000 in grant funding after winning the 2022 Scottish EDGE pitch competition for businesses. Hundreds of high calibre applications were received by Scottish EDGE, the UK’s biggest f

Bank of Scotland owner Lloyds Banking Group is close to agreeing a compensation deal for victims of the Reading HBOS scandal. After mounting pressure from small business representatives and the Financial Conduct Authority, it has been reported that the banking giant has agreed to offer victims of th

Commercial property company HFD has sold an industrial building at Hamilton International Park in a deal valued at around £2.5 million.

Creative design studio Form Digital has announced the launch of a new initiative to support local communities and charities around Aberdeen and Glasgow, where it is based. The Octopus Fund is a £10,000 pot to be distributed across work spanning brand, print and digital for community and third

Research carried out by Aegon UK among 10,000 people across the UK has revealed that in Scotland 56% of savers say they want to invest some of their savings sustainably. However, according to the figures only 26% actually do so.

Banks and building societies will need to assess the impact of changes to their services, for example shorter branch opening times, under updated guidance proposed by the Financial Conduct Authority (FCA). The FCA is also consulting on requirements for more detailed analysis on how firms assess the

A major insurance company has been ordered to pay £4 million ($5.2 million) to a woman who caught an STD after having unprotected sex in a man's insured car. A court in Missouri upheld the decision of an arbitrator requiring Geico to make the payment to the woman who they say contracted HPV, a

Clydesdale Bank owner Virgin Money is to cut loan approvals from five days to twenty minutes thanks to its new three-year deal with fintech Trade Ledger.

Mark Templeton, Murray McCall, and Tom McEntegart (Photo: Chris Watt) Tom McEntegart has joined Anderson Strathern as a partner in the firm's Glasgow office.

The 10-venue Carlton Bingo chain has made the move to employee ownership following a positive rebound after the challenges and closures brought about by the pandemic. With locations in Inverness, Stirling, Livingston, Dunfermline, Buckie, Elgin, Fraserburgh, Dalkeith, East Kilbride and Partick in Gl

Glasgow-based online retailer of men’s wet shaving and grooming items, The Executive Shaving Company, has moved into employee ownership with all staff taking a stake in the business.

St Andrews-based investment firm Eos Advisory has strengthened its team, with Andrew Durkie joining as a partner, and Andy Lothian and Sandy Kennedy appointed as non-executive growth advisors. Andrew Durkie is a chartered accountant who brings over twenty years’ experience in mergers and

The Port Ellen Distillery on Islay has its first manager in almost four decades after Alexander McDonald was appointed to the role. The distillery, which closed in 1983, is being brought back into production as part of Diageo’s landmark investment to re-establish the two most famous “los

The latest Royal Bank of Scotland PMI data indicated a softer expansion of private sector output across Scotland in May, with the seasonally adjusted headline Royal Bank of Scotland Business Activity Index falling from 58.9 in April to a three-month low of 55.9 in May. Slower increases in output wer