News

Stirling-based IT services firm 2e-volve has ignored multiple buy-out approaches in favour of entering an employee ownership trust to secure its long-term future. The firm, which has more than 200 clients in the Forth Valley area, acts as an outsourced IT department as well as providing IT, network

Mortgage approvals reached a 13-year high in November, according to figures released by the Bank of England.

Clydesdale Bank, which is owned by Virgin Money, has announced that it will now accept variable income such as bonus, commission and overtime in its mortgage affordability assessment. A prospective buyer's variable income must have been received after 2 December 2020 to show that borrowers have

Donald Trump's first Scottish golf course has posted its eighth year of consecutive losses in 2019, despite an 18% rise in revenue. Trump International Golf Club Scotland Ltd (TIGCS), which owns and operates the golf course, its clubhouse and a small hotel at Balmedie in Aberdeenshire has racked up

Lomond Capital, the owner of Scottish lettings & estate agency brands Braemore and Stonehouse, is to merge with Yorkshire firm Linley & Simpson to create a new national lettings business with more than 22,000 properties on its books. Lomond Capital has said that the deal with Linley & Si

Ashtead Technology, which has facilities in Aberdeen and Inverurie, has appointed a chief financial officer (CFO) and five managers for newly created roles across its international team. Ingrid Stewart assumed the new CFO position this week, bringing 23 years of corporate finance experience to the A

Experts in the residential property division of law firm Lindsays are buoyant about price prospects for 2021 in Scotland’s property market after revealing details of their busiest four months on record. The firm recorded almost £100 million worth of sales in just four months.

Chancellor Rishi Sunak has announced that the Scottish Government will receive a further £375m to offer direct support to Scottish businesses.

Peter Vardy Ltd has announced ambitious plans to expand its used car operations, soon to be rebranded “Carz”, in a move that will double the group’s annual used car volumes. The business has already restructured to become a significant e-commerce operator, invested in its IT platfo

UK banks are pushing the Treasury to increase the contactless payment limit from £45 to £100. If approved, the move would be one of the UK's first firm examples of parting company with the EU on banking standards.

Citizens Advice Scotland (CAS) is warning of a council tax debt ‘explosion’ as the impact of the pandemic makes a bad situation even worse in 2021 as clients have racked up millions in arrears. Council tax debt is currently the number one debt issue the Citizens Advice Bureau network see

Twelve Londoners have been fined for breaking Tier 4 COVID-19 restrictions after playing a game of dominoes in a restaurant.

Scottish drinks firm William Grant & Sons has reported profit growth of 20.7% to £314 million after tax for the year ended 31 December 2019. The firm has also reported turnover growth of 7.5% to £1,425m for the same period.

Sharon McDougall, part of Begbies Traynor's Scotland Debt Solutions Team, discusses how a personal debt crisis can be handled during the current COVID-19 pandemic. The coronavirus pandemic has been a testing period for workers across the country as work reduces, income halts and employees are placed

Eaglesham-based music systems business Linn Products has posted a 17% rise in annual sales to £19.1 million for the year to June 30 after a £636,000 pre-tax loss last year. The firm's pre-tax profits more than doubled from last year to £1.69 million.