News

ActionCoach, the world’s largest business coaching organisation, has established a new and exclusive base in Edinburgh after securing a five-figure funding package from HSBC UK. The start-up, headed by Graham Clarke, a licensed business coach with 10 years’ experience working with B

Alasdair Steele, head of Scotland commercial at Knight Frank, discusses the investment appeal of retail parks in the UK. About a year ago, at the height of the first lockdown, few people might have predicted that the humble retail park would be among the ‘winners’ – for lack of a b

Edinburgh-based startup Fresh Mobile Car Valeting has embarked on a £1 million investment round and launched a new app as the car care start-up rapidly expands across the UK. The move comes as award-winning CEO Sam Brennan focuses on customers continuing to receive “the best possible ser

Independent business lender White Oak has announced that it has successfully provided £23.6 million to businesses in Scotland through the Coronavirus Business Interruption Loan Scheme (CBILS). The company has paid close to £400m to support UK SMEs throughout the pandemic.

Goldman Sachs is continuing its diversification process beyond investment banking with the addition of Transaction Banking (TxB) in the UK.  The move is the bank's first international expansion of a division that it added in the United States in 2020.

A project underway to upgrade the Busta House Hotel in Shetland has secured up to £194,000 from Highlands and Islands Enterprise (HIE) in the past year.

Virgin Money, owner of Glasgow-based Clydesdale Bank, has completed a new deal supporting Scottish Hydro Investment Limited (SHIL) in the acquisition of two operational hydro schemes from Guinness Asset Management.

Aberdeen-based STC INSISO has reported record revenues of £950,000 for the first quarter of 2021 since STC Global and INSISO merged earlier this year, putting them on course to achieve an annual turnover exceeding £2.5m. The business performance improvements firm has secured £1.5m

Family-run jewellers Laings has unveiled its vision for the future, with ambitious new plans to strengthen its presence across the United Kingdom. After celebrating 180 years of trading in 2020, Laings is now looking ahead to build on its legacy with extensive expansion plans set to be unveiled, aim

Raimes, Clark & Company, one of Scotland’s largest independent pharmacy groups, has increased its profit by 9% throughout the course of the coronavirus pandemic.

Deloitte has announced nine new partner and director appointments in Scotland as the firm bolsters its leadership team and invests in its Scottish business. Lesley Smillie and Stephen Pratt have been appointed to partner in Edinburgh and Michael Caullay has been promoted to partner in Glasgow.

Anderson Anderson & Brown (AAB) has announced the promotion of Natalie Boyle to audit director within its Glasgow office. Ms Boyle who is a graduate of Glasgow Caledonian University has 10 years’ experience in the industry and joined Hardie Caldwell three years ago. Most recently she held

Chartered accountants Wylie & Bisset has backed Hospitality UK’s warning of a ‘long Covid for the economy’ as firms face huge levels of debt as the economy reopens. With the hospitality sector having amassed £2.5 billion of rent debt with another £6bn worth of gover

Big Four accountancy firm Deloitte is to allow its 20,000 UK employees to choose how often they come into the office, if at all, after the pandemic. Deloitte said it would let staff decide “when, where and how they work” after the success of remote working during the Covid crisis.

Mark Brown, partner at Aberdeen chartered accountancy practice Meston Reid & Co, has warned businesses who have accessed schemes such as furlough and the Self-Employment Income Support Scheme (SEISS) to prepare for additional checks on their practices. HMRC is getting serious about pursuing frau