News

Trust Housing Association has recently completed a refinancing exercise, securing £22 million of bond finance from bLEND Funding Plc to support the delivery of its three-year business strategy, the Time is Now. bLEND is an A2 rated Social Bond programme providing bond finance to housing associ

With impersonation fraud accounting for a third (33%) of TSB fraud cases since the start of the year, TSB has revealed the most impersonated companies behind the attacks, to help households avoid prolific scams as the cost-of-living bites. TSB categorises impersonation fraud as an attack in which a

Stephen McGee has taken over as chief executive of financial mutual Scottish Friendly following regulatory approval. McGee will replace acting CEO Martin Pringle, who has temporarily been in charge of the business since the passing of Jim Galbraith in April 2021.

The search for Scotland’s top tech innovator has begun as KPMG UK launches its annual competition to propel exciting technology businesses onto the global stage. The competition - KPMG Private Enterprise Tech Innovator in the UK - is now in its ninth year and has seen previous winners such as

Scottish retail sales have returned to pre-pandemic levels, according to the latest Scottish Retail Consortium (SRC) and KPMG retail sales monitor.

Knight Property Group has secured pension and investment advisory firm Isio as its new tenant for the ground floor office suites at 110 George Street, a classic Grade B listed Georgian townhouse, set in the heart of Edinburgh’s prime city centre.

FinTech Scotland has announced that Sainsbury’’s Bank is joining its group of strategic partners. The strategic collaboration with Fintech Scotland will enable the supermarket bank to collaborate with innovative leaders in technology, helping to shape future customer propositions. This b

Edinburgh-based private bank Hampden & Co saw strong growth in loans and deposits for the year to 31 December 2021, driven by a highly competitive and evolving product suite, net client growth across the UK, and increased referrals from professional intermediaries. Deposits from clients rose by

AAB, the tech-enabled business-critical services group, has announced three internal director promotions within its leadership team. Forming a key part of the group’s ambitious growth plans, these promotions follow on from AAB’s announcement of five partner appointments earlier this mont

A Perthshire-based dog baker Mabel's Bakery has seen a lockdown hobby transform into a growing business with a UK-wide client base after receiving support and advice from Business Gateway. Officially launched in late 2020, Mabel’s Bakery was borne out of business owner Jeri Kelly’s love

The Financial Conduct Authority (FCA) has finalised rules requiring listed companies to report information and disclose against targets on the representation of women and ethnic minorities on their boards and executive management, making it easier for investors to see the diversity of their senior l

The Scotmid Co-operative Society has reported a £10 million increase in its net assets in 2021, taking its assets to £112.7m. The society reported a £5.7m trading profit for the year ending 29 January 2022, compared to £6.4m for the year before.

Real estate advisor CBRE has released its latest figures on the office markets in Edinburgh, Glasgow and Aberdeen during the first quarter of 2022. Office take-up in Edinburgh totalled 118,926 sq ft in the first quarter of 2022. This is up 33% from the first quarter of 2021 and only marginally below

Modern flapjacks are sweets and not cakes, the UK's tax tribunal has ruled – with enormous tax implications for manufacturers. In a case with echoes of the famous dispute over whether Jaffa Cakes are cakes or biscuits, the First-Tier Tribunal (Tax Chamber) said flapjacks made by Glanbia are to

Scotland’s onshore GDP grew by 0.4% in February, according to statistics announced by the Chief Statistician. Output remains above the pre-pandemic level of February 2020, by 1.3%.