News

Business confidence in Scotland fell two points during February to 35%, according to the latest Business Barometer from Bank of Scotland Commercial Banking.

Almost half (48%) of retired Scots admit they are worried about potentially running out of money in retirement, according to new research published by abrdn.

The next 10 years will be decisive in building a more resilient, entrepreneurial and fair economy, according to economy secretary Kate Forbes.

The Financial Conduct Authority (FCA) has fined Barclays Bank £783,800 for oversight failings in its relationship with collapsed payments firm Premier FX. Barclays was Premier FX’s sole banker in the UK.

Two pairs of Sir Michael Caine's glasses are set to go up for sale at an auction next week. The actor is selling items from his personal collection, including artwork, furniture film posters and jewellery.

Murray Income Trust PLC, a fund managed by abrdn, has seen its Net Asset Value (NAV) return increase by 7.2% in the half year ending 31 December 2021. This compares to the benchmark FTSE All-Share Index of 6.5%.

Aberdeen-based financial advisory firm McHardy Financial has appointed Jonathan Craig as financial planning director. Mr Craig’s appointment grows the firm's workforce to 53 across Scottish offices in the Granite City, Edinburgh, Perth, Kirkcaldy and Galashiels.

Burges Salmon has advised award-winning hotel franchise group Atlas Hotels Limited on the acquisition of the Chardon Group, which sees Atlas adding six new properties to its portfolio. The six hotels are located across Scotland, in Dunfermline, Edinburgh, Glasgow and Perth.

Edinburgh-based ad tech company Good-Loop has closed a Series A round of £4.5 million. The funds will be used to accelerate the company’s product roadmap, including the development of new solutions aimed at reducing digital advertising’s substantial carbon footprint.

Glasgow-based packaging firm Macfarlane Group has posted a 50% increase in profits in 2021, despite rising input costs and supply chain constraints. The firm said that in face of "challenging market conditions" its team had shown "great commitment and dedication" in servicing its customers.

Shares in Bank of Scotland owner Lloyds Banking Group, dropped by over 11% yesterday as chief executive Charlie Nunn warned that the bank was at "at “heightened alert” of cyber attack in the wake of Russia's invasion of Ukraine. Mr Nunn said the banking group's security defences were at

Projects funded by the Sustainable Aquaculture Innovation Centre (SAIC) will deliver additional turnover of £50 million per annum for the companies involved by 2026, according to new research. The economic impact assessment produced by Frontline Consultants and independent economist Steve West

Landmark Information Group, a provider of information to the UK property market, has announced the launch of Landmark Scotland to provide dedicated technology and data-driven product and service solutions for the Scottish property market. Landmark’s existing legal search and due diligence busi

Conference and events business Surgeons Quarter has revealed that 2022 is projected to exceed pre-pandemic levels while the firm looks to expand its headcount by 70%. In a positive sign for Edinburgh’s crucial hospitality and business tourism sectors, Surgeons Quarter, the commercial arm of th

Dundee-based Alliance Trust has announced a 32.5% dividend increase as it revealed strong full-year results for 2021. In 2021, the company's total shareholder return amounted to 16.5%, while its NAV total return stood at 18.6%. The company's benchmark index returned 19.6%.