News

Almost 600,000 UK employers are at risk of business collapse in the spring without an urgent extension of government support, according to new analysis by the IPPR think tank.

Telecommunications giant BT Group has boosted the Scottish economy by £1.2 billion last year, according to an independent report by consultancy firm Hatch.

The Scottish Government paid a total of £244 million to Scottish businesses in January according to new statistics. Payments to support businesses affected by the coronavirus pandemic increased following the tightening of essential public health measures at Christmas.

A planning application for the £21 million food and drink industry development hub has been submitted to Aberdeen City Council.

Responsible finance provider Social Investment Scotland (SIS) is offering social entrepreneurs the chance to receive mentoring and advice from some of the UK’s leading retail experts as part of its 2021 SIS Retail Academy. Focusing this year on the growing global marketplace for purpose-l

A coronavirus resilience fund for legal aid firms and law centres, worth up to £9 million, has opened for applications. The Coronavirus Resilience and Recovery Fund for Legal Aid has been created to provide financial support to enable legal aid services to the public to continue - assisting th

A lawyer who appeared before a judge on Zoom as a cat was unable to switch the filter off.

Elixir Distillers has been granted planning permission to build its much anticipated new distillery in Islay.

Scottish Widows has become the first major pensions and insurance provider to target halving the carbon footprint of all its £170bn investments by 2030 in its path to net-zero by 2050. The company – which has more than six million customers in the UK – will also be investing billio

Aileen Scott, head of tax in Scotland with Azets, discusses why the forthcoming Budget must further relax business taxes and minimise the growing risk of closures and redundancies across the SME community. Businesses are being starved of cash and the Chancellor must use tax relief to help businesses

The board of Nucleus Financial Group has announced that it has reached agreement on the terms of an offer by James Hay Holdings Limited for Nucleus for a total consideration valuing Nucleus at c. £144.6 million. The transaction will bring together the respective expertise of Nucleus and James

Law firm Thorntons has recorded strong financial results for the financial period prior to the COVID-19 pandemic. Thorntons has reported a 2.6% growth in turnover for the year to 31 May 2020 to £30.5 million, with profits increasing by 12 per cent.

Aberdeen-based firm Carbon Neutral Energy (CNE) is preparing to embark campaign to raise £300 million and create 200 jobs in Scotland over the next five years. The hybrid power solutions company - formed in early 2020 by energy veteran Mark Patterson and his two sons Harry and Philip - has sub

A £100 million multi-let industrial property investment fund managed by property investment company JR Capital and industrial asset manager Chancerygate has concluded its first deal in Scotland with the acquisition of Clyde Gateway Trade Park in Rutherglen for £2.35m. Comprisin

Specialist lender Reditum Lending has provided Allanvale Land Investments with a bridging loan of £10.8 million for a major residential and commercial development in South Ayrshire.