News



UK retail sales fall 8.2% in January

UK retail sales volumes fell a substantial 8.2% month-on-month in January, according to new figures released by the Office for National Statistics (ONS).

Published 19 February 2021

And finally... Beatles for sale

A hotel visitors' book signed by The Beatles has been sold at auction for £6,700.

Published 19 February 2021

NatWest in talks to sell private bank Adam & Co

Royal Bank of Scotland owner NatWest Group is in talks to sell Adam & Co, one of its private banking subsidiaries.

Published 18 February 2021

Barclays reports 30% drop in pre-tax profits

Barclays has reported a 30% drop in pre-tax profits to £3.1 billion for 2020, down from £4.3bn in 2019.

Published 18 February 2021

McCalls secures CBILS funding from RBS

Aberdeen-based Highlandwear company McCalls has secured CBILS funding from Royal Bank of Scotland to help expand its offering as it navigates the impact of the pandemic.

Published 18 February 2021

Average Scottish house price rose by 8.4% over the last year

The average house price in Scotland increased by 8.4% over the last year, according to the latest figures released by the Office for National Statistics (ONS).

Published 18 February 2021

Scottish businesses forecast recovery in 2021, ICAEW finds

Businesses in Scotland are forecasting recovery in 2021, having recorded their sharpest falls in domestic sales and exports since comparable records began in 2004, a survey released by the Institute of Chartered Accountants in England and Wales (ICAEW) has revealed.

Published 18 February 2021

PwC: Stick or Twist: oil services have a crucial choice to make on their future path

Oil services companies can no longer delay making a choice about their future direction, according to a new report from PwC Strategy&.

Published 18 February 2021

Cameron Motor Group suffers £16m drop in sales as lockdown takes hold

Perth-based Cameron Motor Group has recorded a drop in sales worth over £16 million in the last financial year, as the impact of the coronavirus pandemic took its toll on the firm's finances.

Published 18 February 2021

Start-up Label Ventures defies lockdown with record £2m revenue in first year of trading

Edinburgh-based start-up Label Ventures, which connects global brands and businesses to creative and technology teams, has recorded £2 million in revenue in their first year of trading, all whilst in the face of the coronavirus pandemic.

Published 18 February 2021

Apropos: Chancellor must avoid using property market to fund coronavirus costs

The Chancellor must avoid using the property market to fund coronavirus costs according to property management firm Apropos.

Published 18 February 2021

Commsworld wins host of new public and private sector contracts in final quarter of 2020

Edinburgh-headquartered communications network provider Commsworld has secured contracts valued at more than £16.7 million across multiple sectors, significantly beating its targets between October and December last year.

Published 18 February 2021

Scottish economy boosted by Interface's business-academic partnership matching service

Significant benefits to Scotland’s economy and society have been highlighted in a new report regarding business-academic partnerships supported by Edinburgh-based firm Interface.

Published 18 February 2021

ESET: FinTech can give businesses the boost they need in the face of Brexit and COVID-19

A new study by cybersecurity firm ESET has found that 24% of UK business leaders believe cross-border payments could help drive business profitability, amidst a period of complexity and confusion following the country’s exit from the European Union.

Published 18 February 2021

More than £37m to support low income households announced by Scottish Government

A package of measures worth £37.2 million has been announced by the Scottish Government to tackle poverty and inequality, in this financial year.

Published 18 February 2021