News

Scotland's unemployment rate increased by 0.4 percentage points to 4.5% from April to June this year, according to the latest Labour Market Statistics from the Office for National Statistics. The data also revealed that the proportion of people aged 16-64 in work decreased over the quarter by 0.4 pe

Thousands of SMEs across Scotland are set to benefit from vital free support after economy secretary Fiona Hyslop announced that it was trebling funding for Business Gateway’s DigitalBoost skills programme.

The Association of Chartered Certified Accountants (ACCA) has joined forces with Chartered Accountants Australia and New Zealand (CA ANZ) to launch the report Careers in small medium-sized accountancy practices. The report focuses on talent, attraction, development and retention withi

Economy secretary Fiona Hyslop has announced a £10 million package of measures to recruit and retain apprentices, including additional funding for the Scottish Government’s Adopt an Apprentice programme.

The family of Benito Mussolini have sparked controversy after demanding that the fascist's crypt be turned into a national monument.

Two of Edinburgh's fastest growing accountancy firms, Steedman & Company and Scotia Accounting, have merged in a deal which will see the new group increase in size by around 25%. The two will continue to operate under the Steedman & Company name.

Alba Bank, the Glasgow-based challenger bank, is set to launch into the SME business market next year after a multi-million-pound funding round. By the end of next month, the bank expects to receive a restricted licence to accept deposits from the Prudential Regulation Authority which will allow it

Highland property developer Allan Munro Construction is set to launch the first five units of a 38-plot development despite months of disruption caused by the coronavirus pandemic, thanks to a six-figure funding package from Bank of Scotland. Allan Munro Construction is a family-owned business that

Glasgow-based Shawbrook Bank has set aside £45.8 million of provisions to provide for potential future loan impairments caused by the coronavirus pandemic. The bank has today published its half-year financial results for the period ending 30 June 2020 revealing that Shawbrook Bank also granted

NatWest Group is to get rid of several top bankers as part of a dramatic overhaul of its investment bank, Natwest Markets as chief executive Alison Rose attempts to cut ties with the bank's past. The bank formerly known as Royal Bank of Scotland, majoratively-owned by taxpayers, is expected to tell

Scottish thermal storage company Sunamp has raised £4.5 million in a Series A financing round led by Chilean venture capital firm Aurus Capital. Aurus Capital is one of the largest in Latin America with a specialisation in Industrial-Tech & Impact investments. The Scottish Investment Bank

Watchstone Group is suing Big Four accountancy firm PwC for at least £63 million over allegations that a senior employee at the firm disclosed confidential information about a client to an investment banker working on a deal. Watchstone Group revealed on Friday that it had served a claim in th

Gilson Gray has revealed that in the last twelve months it has been involved in the restructuring, selling and refinancing of multiple portfolios, totalling in excess of 300 properties worth over £23 million. The firm, which took over Coulters Letting in 2019, has looked to help investors reap

The coronavirus pandemic is expected to see business lending grow by 14.4% this year surging to the highest level in 13 years, according to an EY ITEM Club Interim Bank Lending Forecast.

The downturn in the Scottish private sector eased noticeably in July, with clear signs that the economy is approaching stabilisation, according to the latest Royal Bank of Scotland PMI. The seasonally adjusted headline Royal Bank of Scotland Business Activity Index - a measure of combined manufactur