News

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

Glasgow-based business angel syndicate Gabriel Investments is searching for more investors after switching from university ownership to being led and owned by its members. Established in 2012, the syndicate has been boosted by support from the University of Strathclyde through its start-up incubator

According to Savills latest figures on the Glasgow office market, the city centre recorded 112,087 sq ft of take-up in Q2 2021, a 77% increase from Q1 2021, with Savills advising on 64% (71,966 sq ft) of all deals in the quarter.

A three-year strategy to help in the recovery of the tourism industry in Skye and Raasay has secured £350,000 from Highlands and Islands Enterprise (HIE).

Geek Retreat, the geek culture retailer, gaming café and events organisation rolled into one, is celebrating the successful launch of its new store in Dumfries, bringing the total number of stores around the country to 28.

An arsenal of planned reforms to boost competition and shield the public from rip-offs as the UK builds back fairer from the pandemic have been unveiled by the UK Government's business secretary Kwasi Kwarteng.

Following a Financial Conduct Authority (FCA) review of the practices of debt packager firms, five firms have stopped providing regulated debt advice until further notice and the FCA has used formal powers to stop another firm from providing regulated advice. The FCA has also published correspondenc

A Scotland-wide programme to support business and community-led tourism enterprises taking the lead in the sector’s COVID-19 recovery was launched yesterday.

A Glasgow police officer who called for backup because she was being pursued by a "drone" was left red-faced after colleagues pointed out it was the planet Jupiter.

Gilson Gray Financial Management (GGFM) has acquired Glasgow-based financial services provider Westbourne Wealth Management, specialists in advising business owners and entrepreneurs, for an undisclosed sum. As part of the takeover, Richard Smith, the former owner of Westbourne Wealth Management, jo

Partners at PwC are on track to receive a bumper sum of £868,000 – their biggest annual payout in recent history. The Big Four firm's 900 partners have been told they can expect average pay for the year to June 30 to be £818,000, up 19% on a year earlier, plus £50,000 from th

More than one in four businesses that deferred tax payments during the initial lockdown last year still owe HMRC billions of pounds. A total of 156,500 out of 590,000 businesses that utilised Chancellor Rishi Sunak’s VAT deferral between March and June have failed to make contact with HMRC to