News

The UK government's Eat Out to Help Out scheme contributed to a "sharp fall in prices", experts have said after it was revealed inflation fell to a five-year low last month. Consumer price inflation across the UK fell from one per cent in July to just 0.2 per cent in August, the Office for National

A 90-year-old woman who failed to pay mere pennies in tax nearly lost her home after it was put up for auction by tax authorities.

Edinburgh-based tech firm MRM Global has secured £2.6 million of funding from BGF to help fuel the company's international growth. The investment will be used to fund further international growth with a focus on expanding MRM’s presence in North America where the business is seeing stron

Global energy investment firm Quinbrook Infrastructure Partners has acquired Edinburgh-based power demand response company Flexitricity.  Quinbrook, which develops and operates lower carbon and renewable energy infrastructure in the US, UK and Australia acquired the company from Swiss multinati

London-based independent business lender White Oak has announced that it has £10 million to lend to businesses across Scotland as part of the Coronavirus Business Interruption Loan Scheme (CBILS). Delivered through British Business Bank accredited lenders, CBILS is designed to support the cont

The expected bill for unsustainable debts to UK firms has dropped by £10 billion to 'only' £20bn, according to TheCityUK. TheCityUK’s Recapitalisation Group (RCG), supported by EY, has today published updated projections for levels of unsustainable debt faced by SMEs.

A round-up of business news from across Scotland featuring: Tayport Distillery's Co-op deal, Nc'nean Distillery's new whisky launch, Dunclyde's directory service launches in Glasgow and At Your Service's growth during lockdown.

Housing, transport, skills programs and five new data innovation hubs are among the projects that have already benefited from funding from the £1.3 billion Edinburgh and South East Scotland City Region Deal, a new report has revealed as the deal passes the first £100 million milesto

The Scottish Government has launched a Sustainable Agriculture Capital Grant Scheme (SACGS) with the stated aim of protecting and improving the natural environment, reducing greenhouse gas emissions and supporting sustainable farming and land use. The grant forms part of the Agricultural Transformat

Businesses in Fife will now be able to access a range of support services from a single entity following the launch of InvestFife by Fife Council. InvestFife unites the various elements of Fife Council Economic Development’s Business Enterprise, Land and Property services under a single banner

The UK Government has today appointed Pauline Wallace as the inaugural chair of the UK Accounting Standards Endorsement Board (UKEB). Ms Wallace has over 30 years’ experience in the development of accounting standards, both as a practitioner and as a standard setter.

The Financial Conduct Authority (FCA) has today launched a Call for Input (CFI) to help shape its work on improving the consumer investment market.  The financial watchdog has said that too often, consumers receive lower returns than they should because of unsuitable products with high fees. It

Police have found more than £500,000 worth of cannabis in underground bunkers on a farm in Lincolnshire.

Aberdeen-based accountancy firm Infinity Partnership has been shortlisted for two accolades at the prestigious Northern Star Business Awards. The firm has been named a finalist in the Business of the Year and Customer First categories.

Inverurie-based jewellers Sinclairs has secured a £120,000 CBILS funding package from Royal Bank of Scotland to support the family firm as it navigates the effects of the pandemic. The funding boost safeguarded the jobs of all 30 members of staff, including their resident goldsmith, Steve