News

Independent business lender White Oak has announced that it will allocate £30 million of lending to businesses across Scotland. The funding is one of White Oak’s regional allocations with the lender set to provide at least a further £275m to businesses across the year.

As Hugh Young, manager of Aberdeen Standard Asia Focus PLC, marks 35-years of managing Asian equities, he discusses whether his 10 golden rules for equity investing still hold true today, even as the world grapples with the ongoing Covid-19 pandemic. These 10 golden rules, which Mr Young admits have

Edinburgh-based spirits producers Buck & Birch are toasting a 350% increase in online sales over the last year. The business, which curates foraged flavours of the wild and conjures them into unique spirits, liqueurs and ready to drink cocktails has launched nine new products in the past 12 mont

Aberdeen-based IT business solutions firm G5 Technologies is investing in staff development and more equipment after claiming £34,000 in research and development (R&D) tax relief. The business, which was formed in 2004, submitted a claim with R&D tax specialists Access2Funding after re

The annual house price change in Aberdeen City and suburbs has reached 3.2%, according to the latest Housing Market Report published by Aberdeen Solicitors’ Property Centre Limited (ASPC).

DataVita, Scotland’s largest data centre and multi-cloud services provider, has reported a more than 100% increase in its contracted revenues for the last financial period, rising from £15 million to £31m. The revenue growth comes on the back of a number of new contract wins across

OakNorth Bank has provided a £4.8 million loan to House of Gods Hotels, the boutique accommodation business, to allow the firm to open new hotels in Glasgow and Manchester. Founded by brothers Mike and Ross Baxter, House of Gods Hotel in Edinburgh was partially funded via a £1.1 million

Scotland’s onshore GDP is estimated to have increased by 0.9% in May as restrictions continued to ease, according to the latest figures published by Scotland's Chief Statistician. However, GDP remains 2.7% below the pre-pandemic level in February 2020.

Scottish retail sales in June moved closer to pre-pandemic levels, according to the latest Scottish Retail Consortium (SRC) and KPMG Scottish Retail Sales Monitor.

The Financial Conduct Authority (FCA) has set out proposals to change disclosure documents provided to retail investors under the Packaged Retail and Insurance-based Investment Products (PRIIPs) regulation. The changes will provide more clarity to consumers about what the products are, the risk pres

One of Italy's most prestigious art galleries has threatened Pornhub with legal action over an interactive museum guide recasting famous artworks as "priceless porn".

BP is promising £10 billion of investment and to make Aberdeen its global hub for offshore wind, if it is successful in securing seabed licences around Scotland.

Steve Dunlop, the former chief executive of Scottish Enterprise has joined Crosswind Developments as a non-executive director. Crosswind Developments is the firm behind plans to build 2,500 homes and create more than one million square feet of commercial space on an area around a decommissioned runw

With a recent report warning that independent high street businesses face a wave of closures after their debt climbed to almost five times the level it was before the pandemic, chartered accountants Wylie & Bisset is advising SMEs to seek financial advice as a matter of urgency. About 150,000 sm

Edinburgh start-up social enterprise Willow Den has secured £725,000 from Social Investment Scotland (SIS) to launch a chain of outdoor nurseries in Scotland. Willow Den – a trading subsidiary of Inspiring Scotland - will offer Early Learning Childcare in exclusively outdoor settings for