News

Over 10,000 SME owners have applied for a single £25,000 Business Boost grant from small business insurance provider Simply Business. The news comes as rising inflation, the surging cost of living and post-pandemic recovery continue to take a financial toll on small businesses.

Experienced business advisor Craig Nicol has been appointed as a consultant by EQ Accountants LLP. Craig Nicol, former managing partner of Thorntons Law LLP, will join EQ in August to focus on supporting the firm with its growth ambitions and in enthusing the next generation of advisers. He wil

More than a quarter of big business staff in Scotland are now using hybrid working, splitting their time between home and office, a new report has found.

Buccleuch Property has acquired a retail warehouse in Uddingston, Glasgow for £6,450,000.

Real estate advisor CBRE has secured a new tenant for Springfield Road service station in Aberdeen on behalf of the landlord, Esson Properties.

XPO Logistics has submitted a planning application for the delivery of a new c. £40 million logistics hub at a site bounded by Edinburgh Road and Legbrannock Road, Newarthill, Motherwell. The development will serve to address a market-proven requirement for large-scale warehousing facilities i

Fife-based organic and Fair Trade chocolate producers Chocolate and Love are thriving after moving its processing and distribution centre to new business units at Queensway Technology and Business Park in Glenrothes. The business units were completed as part of Fife Council's Edinburgh and South Eas

Crown Prince Mohammed bin Salman of Saudi Arabia has revealed plans to build a £1 trillion skyscraper which will stretch to 75 miles along the desert.

The Insolvency Services has been using new powers to tackle fraudulent use of Covid loans. Several directors have been banned in the last month after investigations showing misuse of Covid loan money.

Scottish Enterprise has launched a free online 'Net Zero Accelerator' tool to support more businesses to develop net zero plans and further the economic development agency’s commitment to embedding sustainability across its work. The new tool helps businesses by making recommendations across f

Scottish crisp brand Mackie's is set to go its own way – after the successful completion of a share buy-out. The operation, Mackie’s at Taypack, is a joint venture between the Taylor family and leading ice cream producer Mackie’s of Scotland was launched in 2009, to create premium

Puresport has launched a £1 million crowdfunding campaign as it targets expansion in retail and overseas markets. The Scottish wellness brand, founded in 2018 by rugby player Grayson Hart, has passed £3.5m in online sales this year. Puresport's business focuses on brain function-boosting

Wylie & Bisset has broadened its charity expertise with two of its audit managers having been awarded a prestigious Diploma in Charity Accounting (DChA) by the Institute of Chartered Accountants in England and Wales. The DChA is only awarded to those individuals who can demonstrate a high level

KPMG has been fined £20 million by the Financial Reporting Council (FRC) for its audits of Carillion and Regenersis. The £20m fine, which is the largest the big four firm has received in the UK, is part of sanctions for misconduct of audits carried out by KPMG for Carrilion and Regenersi

The Competition and Markets Authority (CMA) has taken action against Royal Bank of Scotland-owner NatWest for breaking parts 2 and 10 of the Retail Banking Order 2017. The CMA wrote a letter to the banking giant, which has agreed to take action to put things in order for customers.