News

The number of businesses in financial distress in Scotland is continuing to soar with almost 33,000 experiencing early signs of distress in the final quarter of 2020, according to the latest data published today by Begbies Traynor.  This 30% increase compared with the same period the previous y

Paul Denton, the head Scottish Building Society (SBS) has welcomed a dramatic rise in house prices - but warned the impact of COVID-19 could prove a barrier to a generation of buyers getting on to the housing ladder. Yesterday's House Price Index released by the Land Registry and the Office for Nati

The latest Financial Conditions Index released by audit firm RSM has indicated signs of cautious optimism emerging for the year ahead. But whilst the Trade and Cooperation Agreement with the EU has been largely welcomed by middle market businesses, RSM says the absence of clarity around key issues i

Law firm Morton Fraser has launched a new payment model as part of its commercial litigation practice to enable businesses to pursue disputes without significant financial risk. Total annual losses to small businesses from legal problems are estimated at £40 billion, with over one million indi

Investment in Scottish commercial property dropped to £1.2 billion in 2020 as lockdown measures and economic uncertainty curbed deal-making, according to the latest data released by Knight Frank. However, Scotland proved its resilience as the most popular UK destination for overseas investment

BGF has invested £4 million in UK homecare business Edinburgh-based CSN Care Group to support the company with its longer-term growth plans.

Edinburgh-based hand sanitiser producer ClearWater Hygiene has announced a new £2.5 million partnership with One Digital Signage, aimed at helping UK businesses promote positive health and hygiene safety in the fight against COVID-19. Midlands-based One Digital Signage will supply digital

Two-fifths of business owners in Scotland say they’re worried about their mental health, according to a survey of 1200 entrepreneurs conducted by the Federation of Small Businesses (FSB). More than half of the respondents (55%) to the poll said that they had concerns about the survival of thei

The latest research by global real estate adviser CBRE has revealed a positive end to 2020 for the Aberdeen office market, with a take-up of 155,926 sq ft for the final quarter. Whilst this is down 34% on the same period in 2019, it is 26% up on the five-year average of 123,307 sq ft for Q4.

Edinburgh-based financial services training provider Redmill Advance has acquired AKORN Education as it welcomes Angelo Kornecki as its new technical director. AKORN Education is a financial services education and training specialist. The acquisition of this team of teaching and financial services p

Barclays Corporate Banking has found that optimism in the financial services sector is high as it enters into 2021.

With Scotland’s CAN DO Innovation Summit fast-approaching, the winners of its #SME stage competition are today unveiled, as further details of the programme for the virtual event on 3 February are announced. The three winners of the competition, open to all small and medium-sized Scottish busi

British Land has appointed Bhavesh Mistry as its new chief financial officer. Mr Mistry is currently deputy chief financial officer at Tesco PLC, a position he has held for over two years. Prior to that he spent more than five years at Whitbread PLC, where he was Finance Director of Whitbread Hotels

A teenager who was rapped for supporting Black Lives Matter protests turned the tables on her mother by turning her in for allegedly trying to storm the Capitol.

William Duncan + Co Ltd has appointed Steven Wright as a new director in its business recovery division. A licensed Insolvency Practitioner, Mr Wright joined William Duncan in 2019. With over 15 years experience in dealing with formal insolvency appointments including CVA’s, administrations, r