News

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

Allia C&C, a major funder of social housing in Scotland, has announced the opening of an office in Glasgow to serve its clients in Scotland and the North of England. The Cambridge-based charity has appointed Peter Freer to head the office where he will be responsible for Allia C&C’s ch

The AccelerateHER programme, run by Scottish-based Investing Women, has teamed up with Barclays Ventures to offer specialist mentoring to some of the nation’s most promising female-led companies. Angel investors from Scotland’s only all-female angel group, Investing Women Angels, will de

The Financial Conduct Authority (FCA) has confirmed the extension of mortgage holidays for consumers who still face financial difficulties, as well as those whose financial situation may be newly affected by coronavirus after the current FCA mortgage guidance ends.

The Scottish private sector returned to growth during August with business activity rising at the quickest pace for more than six years amid the fastest uptick in new work since late-2018, according to the latest Royal Bank of Scotland PMI. The seasonally adjusted headline Royal Bank of Scotlan