News

Bank of America Merrill Lynch and Credit Suisse have urged the Bank of England (BoE) to raise interest rates faster than expected to avoid soaring inflation rates. The call comes as the two banks brought forward their projections for the first interest rate rise since August 2018. While the lenders

The Scottish Startup Survey 2021, run by the Engage Invest Exploit (EIE) team at the University of Edinburgh’s Bayes Centre, has revealed how Scottish startups have been faring throughout the pandemic. A total of 75 startups drawn from EIE alumnus companies - EIE has supported over 500 tech st

TSB is preparing to stop its customers from sending money to cryptocurrency trading sites such as Binance and Kraken due to concerns over high levels of fraud. According to The Times, TSB believes fraudsters are being allowed to establish e-wallets and steal money from traders due to weak security c

New research published by the Financial Conduct Authority (FCA) has estimated that 2.3 million adults now hold cryptoassets, marking an increase from the 1.9 million recorded last year. The research also revealed that 78% of adults have now heard of cryptoassets, up from 73% in a year.

Wolfcraig Distillery has signed a new land deal with Ambassador Group which will see the development of a new £15 million Scotch Whisky distillery and visitor centre at the Craigforth Campus in Stirling.

HMRC Stamp Duty press machines will be officially retired from service on 19 July 2021, marking the end of over 300 years of tax-related history.

Bank of Scotland has revealed the first images of its brand new state-of-the-art ‘concept’ branch which will open in the St James Quarter development in Edinburgh later this month.

Scotland's oldest municipal bank – and one of just two in the whole country – has celebrated its centenary. Clydebank Municipal Bank was officially opened on 22 June 1921, having been agreed by Clydebank Town Council in May 1920.

Chartered accountants Wylie & Bisset has cautioned executors against swallowing the myth that when a debtor dies their debt is written off. Paul McDougall, associate director in the company's insolvency practice, said this is not the case if the deceased debtor leaves an estate with assets.

A new digital academy launched by Bank of Scotland aims to help people, businesses and charities across Scotland boost their essential skills. The free academy includes live training sessions as well as videos, interactive webpages and guides that can be accessed on demand at any time.

Scottish fintech Miconex has launched a national campaign asking families in Scotland to nominate their "school superheroes" who have made a positive contribution to their school community. One school superhero will receive a £50 Town and City Gift Card for their choice of the 60 schemes aroun

Timber firm James Donaldson & Sons Ltd (JDS) has further developed its programme of growth with the acquisition of Glasgow-based worktop specialist, Stonecare. Established in 1999, Stonecare supplies solid worktops to the UK kitchen industry and is the only kitchen worktop manufacturer in Scotla

Scottish entrepreneur Lee Fitzpatrick offers suggestions of how businesses can focus on the longer-term in their digital marketing strategies. Who wouldn’t want better sales, bigger balance sheets and a quick hit turnaround in 2021? After the year or so we’ve all had, SMEs surely deserve

A woman who allegedly robbed a bank from her electric wheelchair has been arrested.

A new fund has been launched to support the commercialisation of industrial biotechnology concepts and the creation of more spin-outs, helping to drive the growth of Scotland’s bioeconomy.