News

With research from the Federation of Small Businesses showing that a third of Scottish business owners faced an increase in late payment in the last quarter, chartered accountant Wylie & Bisset is advising SMEs that knowledge is key and cash is king when dealing with the issue. Catherine Livings

A report on the gender pay gap at Big Four accountancy firm Deloitte has revealed the persistent gender pay gap within the sector.

Start Up Loans, part of the British Business Bank, has delivered more than 5,800 loans to business owners in Scotland since 2012, providing almost £50 million of funding, in line with the country’s share of the UK’s business population. Entrepreneurs often dream of opening a b

A new fund has been launched by the Industrial Biotechnology Innovation Centre (IBioIC) to enable biotech companies to access specialist facilities, equipment and resources that will help to expand Scotland’s bio-economy and unlock opportunities for growth.

The Royal Mint has released a new coin ahead of Chinese New Year, in celebration of the Year of the Tiger.

Barclays has agreed a £22.5 million funding package with Kilchoman Distillery, allowing them to invest in new production facilities and further grow the brand globally. The deal will allow the independent distillery on the island of Islay to substantially increase the production of its famous

UK car production in 2021 fell by 6.7% to only 859,575 units in 2021, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT).

The Scottish Inward Investment Catalyst fund has awarded £60,000 to strengthen ties between overseas businesses and universities in Scotland. The fund, launched by Interface and Scottish Government in December, supports Scotland’s ambition to be a leading destination for inward investmen

Edinburgh-based investment manager Par Equity has led its largest-ever seed round, with a $5.1 million investment into Manchester-headquartered startup SamsonVT, alongside US venture capital firm Blumberg Capital. SamsonVT has developed Industry 4.0 solutions that are transforming product maintenanc

After some signs of economic recovery earlier last year, businesses in Scotland, along with the rest of the UK, saw a dramatic uplift in instances of advanced financial distress in the final quarter of 2021 as the emergence of the new Omicron variant hampered growth for businesses already impacted b

The Scottish National Investment Bank (SNIB) has committed £30 million of funding for the expansion of Aberdeen Harbour, the largest marine infrastructure project in the UK.

Glasgow-based wealth management practice Loch Fyne Financial has appointed Jackie Coyne as its newest certified financial planner. Ms Coyne’s role focuses on delivering high quality services and wealth management to the firms growing database of clients.

The 2022-23 Scottish Budget should be supported by MSPs to help accelerate economic recovery, tackle the climate emergency and reduce entrenched inequalities, according to finance secretary Kate Forbes.

Professional services firm Moray Group has launched its new financial arm, Moray Financial, with the appointment of Michael Wales as managing director. Moray Financial will serve new clients with mortgage and protection needs, as well as being on-hand for Moray Group’s existing legal and prope

Aberdeenshire-based financial advisory firm Phil Anderson Financial Services has reported that 2021 was a record year for them, achieving a turnover of £1.33 million, a 20% increase from 2020 and their best financial performance since launching in 2010. Despite the challenges the economy