News

The Competition and Markets Authority (CMA) has imposed fines totalling over £260 million for competition law breaches in relation to the supply of hydrocortisone tablets. The fines are the result of a CMA investigation into the conduct of several pharmaceutical firms which found that Aud

A fund to help regional food and drink ventures recover from the impact of Covid-19 has awarded £200,000 to a range of projects across Scotland. The Regional Food Fund (RFF), one of the Scottish Government’s 100 Days commitments, will help producers and event organisers showcase quality

A new European grant secured by Highlands and Islands Enterprise (HIE) will help the agency to support innovation in the UK's marine sector. The funding will be used to support and encourage collaboration, particularly in areas relating to low carbon.

The bond between the Sicilian mafia and American crime families is as strong as ever, it has emerged. Decades after their links were immortalised in The Godfather trilogy, police have swooped in on members of a major crime family.

A Scottish care home owner has been banned from being a company director for six years after Seabank Care Ltd in Saltcoats went into liquidation with no explanation for hundreds of thousands of pounds leaving company accounts. Laurie Gray, 50, from Hamilton, was director of Seabank Care Ltd, incorpo

Ian Wright and Scott Milne of business advisory firm Quantuma have been appointed as joint administrators to Glasgow-based property developers Titan Homes (Partick) Limited. Following a period of financial difficulties the company, which was founded in 2015, entered administration on 9th July 2021,

Edinburgh-based investment syndicate Archangels has led investment of £12.4 million in innovative Scottish tech and life sciences companies in the first half of 2021. Archangels’ H1 2021 deals data, released today, reveals that Archangels itself invested £7.3m during the first

Nearly half (47%) of all grandparents investing for their grandchildren have increased their contributions over the last 12 months, new research from Scottish Friendly reveals. The increased levels of investment have been sparked by the onset of the COVID-19 pandemic and grandparents' desire to help

Glasgow-based credit management firm BRS Credit has recorded a sharp increase in collection referrals from insolvency practitioners UK-wide in the first six months of the year. The credit management and collection company, part of BRS Corporate Services Group, primarily focuses on working with IPs t

Independent Scottish whisky distillery Nc’nean has become the first in the UK to reach net-zero emissions for production, beating the Scotch whisky industry target of 2040 by 20 years.

Aberdeen New Dawn Investment Trust PLC, managed by Aberdeen Standard Investments (ASI), has posted strong results for the year ended April 30 2021. The firm's net asset value total returned increased by 43.4% (2020: -5.5%) outperforming the Benchmark total return of 35.7% (2020: -5.2%).

Smaller businesses in Scotland are likely to struggle to access the level of funding and investment needed to support growth, according to a new survey published by the British Business Bank. The Bank’s latest research conducted by Ipsos MORI found that the vast majority (84%) of the Scot

Glasgow-based Brewgooder has secured a fresh distribution deal with Co-op which will see its Tropical Pale Ale sold in more than 350 stores across the UK and keep the firm on track to double its year-over-year (YOY) sales. As well as its commercial success, the booming brewer has today been rec

A new survey from Acas has found that half of employers in Great Britain expect an increase in demand for flexible forms of working from employees following the COVID-19 pandemic.

Scotland's property prices continue to rise, with the highest annual increase in house prices recorded in over a decade. The COVID-19 pandemic has caused a property boom, reaching its peak in May, which has led to a 12.1% rise in property prices in Scotland.