News

M&D's Theme Park has been bought out of administration after Michelle Elliot and Stuart Robb of Leonard Curtis Business Rescue & Recovery were appointed as administrators back in April. Bosses of the theme park, which is based in Strathclyde Park near Glasgow, said that the centre is now und

Banks should find new ways to finance struggling businesses to ensure their survival amid the coronavirus pandemic, according to a Scottish Government advisory group.  The call is part of the recommendations of the advisory group who were asked to consult on ways to lead Scotland towards a

International finance firm Epidarex Capital has launched a £102 million venture fund in Edinburgh to build successful life science companies.

Dundee-based manufacturing firm Pryme Group has appointed Tyler Buchan as its new chief financial officer. Mr Buchan will succeed Kerrie Murray following her recent promotion to the role of CEO.

Edinburgh-based start-up One Year No Beer has launched a £1.4 million funding round on Seedrs. The firm provides online support for surviving modern alcohol-free society has already attracted £1.1m investment in the private stages of the funding round and has now opened the campaign to t

Cash generation of businesses in Scotland was worryingly low heading into the cash crunch triggered by the coronavirus pandemic, according to a new study by accountancy and business advisory firm BDO. BDO’s analysis of UK businesses shows that those in Scotland converted just 2.7% of the

Jerba Campervans, one of Scotland's best known employee-owned businesses has cautiously returned to the workshop this week to a backlog of orders for its bespoke VW T6 Transporter campervan conversions. The firm will bring back all 15 staff members to its premises following its decision to return to

Staff at the Royal Bank of Scotland are being offered the opportunity to take part in specialist training and support sessions as part of the bank's partnership with carers’ charity VOCAL. Recognising the need to support staff who may be caring for family and loved ones during lockdown, t

Bryan Lord, a technology sector veteran with 30 years’ experience of running and growing global business consulting practices, has become the latest senior recruit to join Aberdeen-based Inoapps following his appointment as head of service delivery. Prior to taking on this newly created r

Nikhil Rathi has been appointed as the new permanent chief executive of the Financial Conduct Authority (FCA). 

Dame Carolyn Fairbairn, CBI director-general and Tracy Black, the CBI’s Scotland director, have written to First Minister Nicola Sturgeon urging her to put jobs and training, especially for young people, at the heart of economic recovery plans.

The billionaire president of the United Arab Emirates filled the water tanks of his 18th-century mansion with Evian mineral water, court documents have claimed.

Scottish Sea Farms has announced that it will repay all money received from the Coronavirus Job Retention Scheme as markets re-open and business performance begins to show signs of bouncing back.

Yesterday, First Minister Nicola Sturgeon announced further changes to lockdown restrictions with all retail premises with outdoor entrances and exits allowed to re-open from Monday 29.

Industry leadership group Scotland for Employee Ownership (SfEO) has announced the appointment of Isabella Miller as the new co-chair of its board. Ms Miller, who is the head of branch for John Lewis in Glasgow, will work working alongside existing joint chair Jamie Hepburn MSP, minister for busines