News

New research from Barclaycard Payments has found that cost of living increases are set to impact Business-to-Business (B2B) subscriptions in the UK as nearly half (49%) are considering reducing the number of services they subscribe to, as they tackle rising costs.

Business confidence in Scotland fell 11 points during July to 16%, according to Bank of Scotland's latest Business Barometer survey. Companies in Scotland reported lower confidence in their own business prospects month-on-month, down 17 points at 32%. When taken alongside their optimism in the econo

Battery cell manufacturer AMTE Power has selected Dundee as the preferred site for its first MegaFactory in a boost to the UK’s ambitions to produce homegrown battery cells for a net zero society. The new factory will directly create up to 215 high skilled on-site jobs and 800 more across

The cost-of-living crisis and Bank of England rate hikes have caused a slowdown in the commercial property market in Scotland and the outlook has therefore become more cautious, according to the Royal Institution of Chartered Surveyors (RICS) Commercial Property Survey. Occupier demand for commercia

Knight Property Group has secured Mermaid Subsea Services (UK) Ltd, part of Mermaid Group as its new office tenant for Pavilion 11 at Kingshill Park in Westhill, Aberdeenshire.

Dumfries-based Smart Green Shipping, a systems design and engineering company, aims to lead global shipping’s green transition through a unique industry collaboration with Malin, Drax and the shipping sector with targets to reduce greenhouse gas and fuel costs by at least 20% via high tech sa

In the second quarter of 2022, the Scottish vacancy rate decreased to 15.7%, from 15.8% in Q1, according to the latest figures published by the Scottish Retail Consortium (SRC) and the Local Data Company (LDC). The rate was 0.4 percentage points lower than in the same point in 2021.

A man from San Francisco is fighting a ticket for parking in a red zone after the kerb was repainted red while his car was parked in the spot.

Virgin Money has launched a new online service to help with running and management of small businesses. Following on from the launch of M-Track earlier this year, 'Marketplace' is the next step in the ecosystem that Virgin Money is developing, offering digital services to help customers run their bu

The Financial Conduct Authority (FCA) has fined three former executive directors of Carillion as part of its public censure on the firm.

Barclays Bank Group has reported a profit of £3.7 billion for H1 in its interim report.

TSB Bank plc announced its 2022 half-year results reporting a £102.9 million statutory pre-tax profit for H1. TSB's statutory pre-tax £102.9m profit increased from £42.9m for the same period in 2021. This comes during an economically challenging time for many of its customers.

Alliance Trust has published its 2022 Interim Report and announced its second interim dividend for 2022. Despite the share price contracting from 1032p as at 31 December 2021 to 904p as at 30 June 2021, the trust reports steady performance for these market conditions and has decided to increase

Shepherd and Wedderburn has reported a 3% rise in net profits, reaching £26 million, in the year to 30 April 2022. The law firm revealed that in addition to its performance-related bonus scheme, colleagues will receive an exceptional bonus of 5% of annual salary.

Women’s pensions at retirement are half the size of men’s, £12,000 versus £26,000, regardless of the sector they work in, according to new research from Legal & General.