News

The lifting of restrictions and a positive outlook for manufacturers and oil and gas businesses in 2021 will spark a stronger than previously projected lift-off for the Scottish economy this summer, according to the latest analysis in KPMG’s UK Economic Outlook. Scotland’s GDP will grow

The latest Football Distress Survey conducted by Begbies Traynor has revealed a 33% rise in the number of very early financial ‘Red Flags’ at Scottish football clubs. The survey, which has been conducted annually since 2012, has previously revealed a deceptively rosy picture of

Shares in Scotgold Resources, the gold exploration and production company focused on Scotland, rose by more than 4% on Tuesday, after the company announced a resolution of various technical issues affecting the processing plant. The Cononish gold mine in Argyll has been producing both gold concentra

Firstport and Social Enterprise Scotland has launched a new Catalyst Fund offering £50,000 loans to support social enterprises to start and scale their businesses. The Catalyst Fund offers loans using a flexible, revenue-based repayment model. This unique model enables social enterprises the f

Edinburgh Worldwide Investment Trust plc, a fund managed by Baillie Gifford, has posted a 24.9% increase in net asset value (NAV) per share for the six months to 30 April 2021. At the same time, the companies comparative index increased by 30.3% and the share price rose by 24.5%.

The Scottish labour market saw a further rapid increase in hiring activity midway through the second quarter, according to the latest Royal Bank of Scotland Report on Jobs.

A total of 65% of Scottish SMEs enjoy working from home, while 79% reported an increase or no change in productivity, according to the third Newable Small Business Confidence Index.

Visitors to Scotland’s finest beauty spots and historic locations will be able to enjoy sweet treats from Mackie’s of Scotland following a landmark new contract. The Aberdeenshire brand has become the official ice cream supplier to at least 29 National Trust for Scotland (NTS) venues whi

Seizing Scotland’s economic potential, creating secure, sustainable and satisfying jobs and supporting businesses recover from the coronavirus pandemic should be a national endeavour, according to economy secretary Kate Forbes. Outlining how business will be supported to build a sustainable ec

The Financial Conduct Authority (FCA) is extending the end date of the Temporary Registrations Regime (TRR) for existing cryptoasset businesses from 9 July 2021 to 31 March 2022. The TRR was established last year to allow existing cryptoasset firms, which applied for registration before 16 December

The Royal Mint has celebrated the upcoming official celebration of the Queen’s 95th birthday and her coronation anniversary with projections on the walls of the Tower of London of coins from her reign. The 90-foot display featured coins bearing the five effigies of the Queen used since she cam

Accountancy and business advisory firm Johnston Carmichael has published its annual results for the financial year ended 31 May 2020, revealing its resilience amid the challenges of COVID-19. The business which had recorded encouraging growth prior to the onset of the global pandemic, was, like many

Royal Bank of Scotland owner NatWest has outlined plans that will see just 13% of its workforce return to the office for most of their work, with almost a third working mainly from home. Under the plans, the majority, 55%, will utilise a hybrid working model, mixing home and the office.

Karen Henderson has been appointed finance director of law firm Gilson Gray as the firm announced a tranche of new promotions. Mr Henderson has been with Gilson Gray for six years.

Rathbone Investment Management has appointed Scott Lothian as an investment director in Edinburgh. Mr Lothian has over 20 years’ experience in financial services. Prior to joining Rathbones, he worked at Brooks Macdonald from 2010 as a senior investment director and head of Brooks Macdonald AI