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An estimated 35,070 Scottish SMEs say it is likely their business will close permanently in the next 12 months as a result of the coronavirus crisis, with this figure rising to 54,776 in the event that a second national lockdown is introduced, according to a recent survey by Virgin Money.

Scottish ice cream firm Mackie's has seen a record volume of sales this summer as people across the UK turned to the simple pleasure of ice cream.

Despite a fall in profits, housebuilder Springfield Properties said today it is well placed to benefit from a significant increase in demand since resuming operations as buyers seek to move out of city centres and into larger homes with gardens. (from left) Michelle Motion, chief financial

Victoria Leslie, partner at Ledingham Chalmers and Laila Kennedy, legal executive (litigation), discuss how business interruption claims are a vital step forward for firms who paid for enhanced business interruption insurance, but had their claims rejected. The Association of British Insur

As we move past the six-month mark with COVID-19 and with further business restriction pending, our sister publication Scottish Legal News asked Douglas Mill, who in the last 12 years has consulted with over 130 firms throughout the country, how things were going for High Street solicitors and how h

Edinburgh's International Conference Centre (EICC) has published its annual results for the calendar year 2019 claiming £720 million in economic impact.

Murray Jack, partner at Addleshaw Goddard, discusses how the coronavirus crisis could drive Scottish businesses to embrace private equity on a larger scale. Despite Scotland being home to a number of prominent private equity (PE) house the country has witnessed an element of resistance among some bu

Scotland’s economy has recovered half the fall in GDP which followed the implementation of the coronavirus lockdown, but may still not return to pre-pandemic levels until the end of 2023, according to the latest State of the Economy report.  The report, published by the Scottish Governmen

A £3.8m transformation of Diageo’s former Scottish headquarters has created Edinburgh’s newest grade-A flexible office space. Spanning more than 33,000 square feet, Pure Offices at Edinburgh Park consists of 90 serviced office suites, meeting rooms and modern lounges across three f

Edinburgh-based biotechnology firm IntelliDigest is primed to scale up its efforts in tackling food waste thanks to support from Royal Bank of Scotland’s Entrepreneurial Accelerator programme. Combining the latest developments in biotech, deeptech, agritech and foodtech, the company, which was

A multi-million-pound cash boost to help the Moray economy recover from the impact of COVID-19 is being considered by councillors.

The Association of British Insurers (ABI) has launched Mental Health Standards to provide better support for customers with mental health conditions when applying for health, travel or protection insurance. Customers can often face too many barriers when trying to access the service sector, especial

The Financial Conduct Authority (FCA) has today published its second annual perimeter report that determines which activities require authorisation and what level of protection consumers can expect for the financial services and products they purchase. The perimeter is decided by the government

Mike Tyson has revealed he paid a fan £6.2 million for breaking their jaw after being hounded for an autograph.