News

The coronavirus pandemic is expected to see business lending grow by 14.4% this year surging to the highest level in 13 years, according to an EY ITEM Club Interim Bank Lending Forecast.

The downturn in the Scottish private sector eased noticeably in July, with clear signs that the economy is approaching stabilisation, according to the latest Royal Bank of Scotland PMI. The seasonally adjusted headline Royal Bank of Scotland Business Activity Index - a measure of combined manufactur

Banks across the UK are facing a second wave of Payment Protection Insurance (PPI) payouts after a series of court rulings found that the products were unfair.

One in three UK employers expect to make staff redundant between July and September, according to a new survey by the Chartered Institute of Personnel and Development (CIPD) and Adecco. 

Food and drink businesses across Scotland have been awarded a share of £5 million from the Scottish Government to invest in infrastructure, purchase new equipment and upgrade or replace facilities. In total 30 businesses will receive food processing, marketing and cooperation (FPMC) grants to

A man has spent £32,000 transforming his old beat-up car into his own Knight Rider car.

Standard Life Aberdeen (SLA) has announced that it will maintain its dividend payment this year, despite a 30% drop in its profits before tax. The firm's half-year results revealed that its adjusted profit before tax was £195 million compared to the £280m the year before. SLA's fee-based

Perthshire-based timber manufacturing company, Glenalmond Timber, has received £600k in CBILS funding from the Royal Bank of Scotland to help safeguard the future of the business following the coronavirus pandemic.   The finance package will assist the third-generation family bu

Two Glasgow social entrepreneurs, Petra Baiba Olehno and Rhiannon J Davies, have been selected by Wealth manager Brewin Dolphin, in partnership with the School for Social Entrepreneurs (SSE) to take part in SSE's Start Up Plus programme.  Brewin Dolphin and SSE have successfully compl

Retailers in Scotland lost £1.9 billion of retail sales during the first four months of the coronavirus pandemic, according to new analysis by the Scottish Retail Consortium (SRC).

Tom Nener, legal director at Pinsent Masons, highlights the importance of protecting your brand as criminals take advantage of the pandemic. The coronavirus crisis has provided a fertile platform for sophisticated counterfeiters, as highlighted in recent reports by cross-border law enforcement

With First Minister Nicola Sturgeon having announced a limited lockdown in Aberdeen, CBI Scotland has today set out six ways in which to build confidence for those businesses, local authorities and communities affected, if their local area comes under new temporary restrictions. Understanding and aw

Not one of Scotland’s 48 listed companies features a black executive on its senior management team, according to new research conducted by The Ferret.

Targeted measures to build a stronger, fairer and greener economic future for Scotland in the wake of coronavirus have been announced by the Scottish Government. Publishing responses to the advisory group on economic recovery report and the Enterprise and Skills Strategic Board report, economy secre

UK Government financial support schemes to aid businesses recovering from coronavirus have paid out £2.3 billion to 65,000 firms in Scotland, according to the Treasury. Announced in April, the bounce back loans scheme offers between £2,000 and 25% of the turnover of small and medium busi