Kirkcaldy-based Granite Systems Limited, a manufacturer of granite, stone and marble kitchen worktops, has secured a six-figure funding package from Bank of Scotland, enabling the business to continue its operation during the COVID-19 outbreak.
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A round-up of business news from across Scotland featuring: Forsyths of Rothes' major Chinese export contract, Masks for Scotland's delivery of 20,000 isolation gowns, PD&MS three-year contract with Spirit Energy, The McGinty’s Group's CBILS funding from RBS, Innis & Gunn's new br
Edinburgh-based Money Dashboard has appointed former Paypal CEO Renier Lemmens as its new chairman. Mr Lemmens is a venture partner focusing on fintech with DN Capital, one of Europe's most established venture capital funds for early-stage start-ups.
United Capital, the Dundee-based building sector investment firm, has announced the appointment of leading employment lawyer Ryan Russell as in-house legal counsel and non-executive director. After the company’s most recent acquisition, the group, which includes former Scotland top 500 bu
Total sales in Scotland have plummeted by 40.3% compared with April last year, according to the latest Scottish Retail Consortium (SRC) and KPMG Scottish Retail Sales Monitor.
Scottish businesses hit by the coronavirus lockdown could be ready to hit the ground running once they are given clear guidance from the Scottish Government on returning to work, according to a new survey by the Scottish Chambers of Commerce.
One in ten firms across the UK cannot implement government guidance safely in order to restart operations, according to results from the latest British Chambers of Commerce (BCC) Coronavirus Business Impact Tracker.
Global real estate advisor CBRE is urging the Scottish Government not to delay the planned business rates revaluation in 2022 following the UK Government’s announcement to postpone the 2021 revaluation in England. CBRE said it is aware that a deferment of the Scottish 2022 Revaluation and
The UK's inflation rate dropped last month to its lowest level since August 2016 as the economic fallout of the first month of the lockdown hit prices.
A US restauranteur has discovered that the DoorDash delivery app has been selling his food cheaper than he does while still paying him full price for orders.
Fraud cases in Scotland are expected to rise this year as fraudsters are increasingly taking advantage of the coronavirus outbreak, according to a new report by from accountancy and business advisory firm BDO. Fraudsters are understood to be taking advantage of the COVID-19 outbreak, with mass
UniKLasers Limited, a manufacturer of high precision scientific laser instrumentation used in an array of industrial applications, has closed a £750,000 financing round led by Par Equity with support from The Scottish Investment Bank. The investment in UniKLasers is the second that
A new online service for small and medium sized employers to recover statutory sick pay (SSP) payments they have made to their employees will launch on May 26, the UK Government has announced today. Announced in the March 11 Budget as part of a package of support measures for businesses affected by
The ongoing economic impact of the coronavirus outbreak has wiped a third off the assets of Aberdeen Standard Equity Income Trust, a fund managed by Aberdeen Standard Investments. The fund's half-year report released today highlighted that its holdings dropped in value from £235 million in Sep