News

The Scottish Government will provide capital investment of £581 million to support the economy over the next four years through its enterprise agencies and the Scottish National Investment Bank (SNIB). In the Resource Spending Review published yesterday and covering the period from 2023/24 to

Stephen Lewis, managing director of HFD Property Group, was appointed as chair of the Scottish Property Federation (SPF) at the organisation’s annual conference in Edinburgh yesterday. He succeeds Kevin Robertson, managing director of KR Developments, who has chaired the SPF since April 2021.

HSBC UK has launched a £15bn lending fund today for small and medium sized businesses with £1 billion ring-fenced to support local economies, employment opportunities and drive growth across Scotland. Whilst concerns about the broader market remain, HSBC said its customers are thinking a

Business confidence in Scotland rose 14 points during May to 42%, the highest reading since June 2021, according to the latest Business Barometer from Bank of Scotland Commercial Banking. Companies in Scotland reported lower confidence in their own business prospects month-on-month, down three point

Scotland outpaced both the UK and Europe last year by securing 122 inward investment projects - up 14% on 2020 results - and is polling at record levels among investors who consider Scotland to be the UK’s top foreign direct investment (FDI) location, according to EY’s latest Scotland A

EQ Accountants has congratulated three of its staff on completing the Edinburgh half marathon yesterday. Steven Todd, Caitlin Treschman and Roshannah Cox from the firm's Glenrothes office completed the trek in aid of the firm's charity of the year, SAMH.

The Scottish National Investment Bank (SNIB) has spent £1750,000 in recruitment fees after it hired London-based Spencer Stuart to help it find a new chief executive after Eilidh Mactaggart resigned earlier this year. Scottish Financial News reported in February that Ms Mactagagrt resigned, wh

Sir Jon Thompson, the chief executive of the Financial Reporting Council (FRC) has called the overhaul of the UK's audit regime a "missed opportunity" to improve internal controls in a proportionate UK-specific manner. Yesterday, the UK Government said that its revamp of the UK's corporate reporting

Savills has been instructed to bring Livingston’s Almondvale West Retail Park to the market at a guide price in excess of £19.125 million, reflecting a net initial yield of 7.75%.

An appeal by a Scottish landfill operator against a decision of the First-tier Tribunal that material used in the construction of landfill cell walls should be taxed at the standard rate has been partially successful. Barr Environmental Ltd raised the action in the FtT challenging Revenue Scotland&r

Two Scottish law firms Drummond Miller and Peacock Johnston have merged. The 11-strong Peacock Johnston team – six lawyers and five other staff – will join the Glasgow office of Drummond Miller, which has 14 partners and 100 other employees across five offices, including headquarter

A police force belatedly discovered it had been burgled after finding some of its belongings during an unrelated search. Officers searching an address in Auckland, New Zealand unexpectedly came across "a number of documents" which were meant to have been destroyed, as well as expired cannisters of p

Prioritising public spending is essential to grow a stronger economy as Scotland recovers from the pandemic and faces up to the cost of living crisis, finance secretary Kate Forbes has said. Speaking ahead of the publication of the Resource Spending Review, Ms Forbes said more focused government and

Over three fifths (68%) of small and medium-sized businesses (SMEs) in Scotland are expecting to see revenues rise this quarter when compared to the same period last year, according to the latest quarterly Barclays SME Barometer. On average, Scottish SMEs expect to see a 10.4% rise between the month

Nearly 12,000 new businesses have been set up in Scotland since the start of the year, according to new research from insolvency and restructuring trade body R3. R3’s figures, which are based on an analysis of data provided by Creditsafe, reveal that 11,783 new businesses were set up in the na