News

Marie Bruhat, a designer who is keeping the Fair Isle knitting tradition alive, has been awarded £40,842 from Highlands and Islands Enterprise (HIE) to expand her business. Marie Bruhat was inspired to move to Fair Isle from France four years ago following a previous internship with another is

A three-year project to restore confidence and resilience in Orkney’s tourism sector has secured £300,000 from Highlands and Islands Enterprise (HIE). The £390,000 project, by destination management organisation Destination Orkney Limited (DOL) will deliver a series of initiatives

Real estate advisor CBRE has secured a new restaurant occupier for a high-profile unit in Glasgow city centre, on behalf of the landlord CBRE Global Investors.

Scotland's Chief Statistician has released statistics showing that the economy grew by 2.0% during the fourth quarter of 2020, covering the period October to December.

Unity Trust Bank has announced its annual results, including a record 26% rise in net lending and customer deposits (29%). Against a backdrop of historically low-interest rates and economic uncertainty, Unity has maintained its track record of safe and sustainable growth, delivering a strong set of

The Bank of England (BoE) has held interest rates at a record low of 0.1%.  The bank met expectations at the March Monetary Policy Committee (MPC) meeting, with unanimous 9-0 votes both to keep interest rates at 0.10% and the stock of asset purchases at £895 billion.

Economy secretary Fiona Hyslop has announced that a further £70 million will be made available by the Scottish Government to provide more jobs, internships, apprenticeships, training and volunteering opportunities for young people in Scotland.  The extra funding for Young Person&rsqu

Local authorities in Scotland will receive an additional £40 million to support local communities, public finance minister Ivan McKee has confirmed.

Trade minister Ivan McKee has urged the UK Government to provide clarity over the future of green ports in Scotland. The green port model adapts the UK Government’s freeport proposals, offering a package of tax and customs reliefs. Operators and beneficiaries will be required to commit to adop

Officials in Taiwan are urging people to stop changing their name to “salmon” after more than 130 fish-lovers changed their name in order to claim free sushi.

The Scottish economy will get back to pre-pandemic levels in October 2022, according to the latest Economic Commentary by the Fraser of Allander Institute (FAI) at the University of Strathclyde.

The Department for Business, Energy & Industrial Strategy (BEIS) has launched a consultation on wide-ranging reforms to modernise the country’s audit and corporate governance regime. The UK Government's plans for reform could make to easier to reclaim bonuses paid to the executive of faile

Suzi Smith, commercial litigation associate at Shoosmiths in Scotland, discusses the significance of the recent launch of the Business Banking Resolution Service (BBRS) for SMEs. The Business Banking Resolution Service (BBRS), launched on 15 February 2021, is a new dispute resolution service aimed a

Arts organisation Edinburgh Printmakers has secured £959,000 in funding from responsible finance provider Social Investment Scotland (SIS) to support its growth ambitions. Established in 1967 as the first open-access studio in the UK, Edinburgh Printmakers is an arts charity specialising in pr

ScotBio, a fast-growing Scottish biotech business, is expanding its R&D programme thanks to a £100,000 award from Medical Research Scotland.