News

The amount of women over the age of 55 who are worried about running out of money in retirement has increased to over a third (34%) in the last year, according to a new report by the Equity Release Council.

Derek Money, head of sales at White Oak in Glasgow, says that now is the time for businesses in Scotland to take advantage of the coronavirus Business Interruption Loan Scheme (CBILS) and look towards growth in 2021. Scottish businesses have shown their true spirit during what has been the most chal

Brewin Dolphin has reported strong results this year despite challenging markets, with its profit before tax increasing by 4.3% to £78.2 million. The firm also saw strong total discretionary fund inflows of £2.8bn (FY 2019: £2.8bn) and total discretionary net flows of £0

Despite strong demand from international markets, less than one in five (15%) small businesses in Scotland are planning to do business overseas in the next year, according to new research released today by Alibaba Group.

Scotland's industrial and logistics commercial property market has seen strong demand throughout the COVID-19 pandemic and this performance is expected to continue, according to a new survey by Colliers International. The report has found that demand for industrial space has continued to come from a

Orkney’s first street food outlet has been launched by local entrepreneurs following start-up support from Business Gateway. Founded by Kit Bichan and Daniel Gould, Orkney Street Food Beiting and Brew offers restaurant-quality food and coffee, using the best of local produce to create a fortni

Scotland’s GDP increased by 1.6% in September, according to statistics announced today by the Chief Statistician.

Scottish timber and manufacturing specialist James Donaldson Group has announced the arrival of its latest business which will offer expertly crafted, made-to-measure home office and study solutions.

Edinburgh-based innovation advisors ABGI UK have announced a significant business expansion across its UK operations with a raft of new appointments and investment into two new office premises. The firm is creating 20 new jobs, including nine in Newcastle where they’ve opened a new regional of

The risk of catching COVID-19 from banknotes is 'low', according to new research from the Bank of England. The bank's research tested a 'worst case' scenario of an infected person coughing or sneezing directly on to banknotes made of both paper and plastic.

PwC has expanded its Business Restructuring Services practice in Scotland with the appointment of Nick McLaren as a director. Mr McLaren has returned to PwC Scotland from the professional services firm’s Australian restructuring practice, where he advised a wide range of businesses across sect

UK business owners and senior executives are preparing to sell takes in businesses in anticipation of a potential increase in capital gains tax next year. Earlier this month, Scottish Financial News reported that Chancellor Rishi Sunak is considering proposals by the Office of Tax Simplification (OT

Audit firms have implemented additional measures to enhance their evaluation of companies’ going concern assessments since the start of the coronavirus pandemic, according to a review of completed audits by the Financial Reporting Council (FRC). The FRC reviewed a sample of eleven audits

The Financial Services Compensation Scheme (FSCS) has stepped in to protect the members of Faifley Credit Union Ltd, which ceased trading on Monday 23 November and is now in default. All 95 members of the credit union, which is in Clydebank, West Dunbartonshire, will be compensated by FSCS within se

Women’s Enterprise Scotland (WES) and STV have announced a new strategic partnership to help develop and grow women-led business in Scotland.