Barclays Corporate Banking has announced the launch of a new Green Bonds Guarantees & Indemnities (BGIs) product, which will offer support to businesses trying to reduce their environmental impact as they conduct their day-to-day activities. The Green BGI focuses on tackling the challenges that
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A further £17.5 million of emergency coronavirus funding has been allocated by the Scottish Government to support creative freelancers and the events sector. Of that, £8.5m will go towards the events sector – distributed through the Pivotal Event Businesses Fund and the Events Indu
Holyrood needs to define more clearly its scrutiny role in response to Brexit, according to a new report published today.
The Royal Mint has announced it has acquired a rare, 500-year-old Tudor, gold Sovereign which will go up for auction next month.
Bill Michael, the chairman of KPMG UK, has stepped down while the firm investigates “alleged comments” he is said to have made during an online meeting with staff. Yesterday, Scottish Financial News reported that Mr Michael apologised after receiving backlash for allegedly telling s
A year on year fall of 54% in the number of personal insolvencies in Scotland (bankruptcies and protected deeds) due to the introduction of emergency legislation in April 2020 is to be welcomed but is likely to be short-lived, Blair Milne, a restructuring and insolvency expert with Azets has warned.
The Scottish housing market began 2021 on a weaker footing, despite the sector being allowed to remain open during the current lockdown, with Scottish surveyors reporting activity lower than in December, according to the January 2021 Residential Market Survey from RICS.
Gordon Dean, partner at law firm Balfour+Manson, discusses the impact of an increase in authorised push payment (APP) fraud in recent years. There has been a huge rise in “authorised push payment” or “APP” fraud over recent years. The amounts involved in these scams can be si
Scotland’s scale-up – or fast-growth - businesses finished 2020 on a buoyant, optimistic note, with almost £100 million in Venture Capital (VC) investment, according to the latest figures from KPMG. Despite COVID related restrictions hitting the economy hard, the latest KPMG Ventur
The latest Business Distress Index from Begbies Traynor has revealed the number of UK SMEs in significant distress now stands at 620,000 an increase of 76,000 in Q4 2020, putting 2.8 million jobs under threat.
Privately-owned contractor GRAHAM has signed a multi-million contract with management consultants Solutino Pte Ltd (design and build contract with 6AQ Development Ltd), revamping a prime office building located in Glasgow’s International Financial Services District (IFSD).
Suzanne Sosna, interim director for global trade at Scottish Enterprise, outlines how the organisation is supporting Scottish companies following the end of the EU transition period. COVID-19 has changed everything; how we work, how and what we buy, who we spend time with, how we communicate, how we
Amsterdam has replaced London as Europe’s largest share trading centre last month, the Financial Times reports, as the Netherlands secured business lost by the UK since Brexit.
Mackie's of Scotland has experienced a 37% growth in ice cream sales throughout 2020, leading to a total UK-market share of an estimated 6% in all major retailers.
Codeplay Software, the Edinburgh-based Artificial Intelligence (AI) firm and machine learning technology developer, has agreed a landmark deal with the US government to enable its next-generation supercomputer. Codeplay’s contract with The National Energy Research Scientific Computing Center (