News

Independent fixed income manager Cameron Hume has discussed how attitudes to climate risk can be factored into long term investment decisions and whether those investment decisions can be used to drive the direction of travel with a global response to climate risk.

A round-up of business news from across Scotland featuring: Breathe Easy’s new headquarters, Scottish SME's IoT programme success, Aymeric Renoud's beer by-product furniture project, Hop Software’s COVID-secure hotel system, Johnstons of Elgin’s 2019 results and Diag

Scottish companies listed on the FTSE index underperformed the market in the first half of the year, as the coronavirus pandemic had a significant impact on the economy, according to analysis from Brewin Dolphin.  The wealth manager found that Scottish organisations on the FTSE averaged a share

Research from the Royal Bank of Scotland's Tyl service has signalled that Scotland's business recovery after the COVID-19 pandemic will be powered by contactless payments.

The UK’s GDP fell by 19.1% in the three months to May this year during the lockdown period.

The Association of Chartered Certified Accountants (ACCA) has joined with champions of small business to call for more help for the troubled sector in the wake of the coronavirus pandemic. The call came in a roundtable discussion hosted by ACCA with the Forgotten Ltd campaign, which supports small l

Moscow housing officials have been accused of embezzling money from the city budget by using invisible ink on contracts.

Paul Allen and Chad Griffin, partners at FRP Advisory, have been appointed joint liquidators of Drake Estates Property Company Limited and Aston Darby Group Limited.  The companies, which had raised approximately £25 million from investors, own a substantial and prominent car pa

The Glasgow Distillery Company has secured a £5.5 million asset-based lending facility from Barclays to support its international growth plans. As part of the deal, Barclays has assumed full day to day banking for the distillery which re-opened in 2014 becoming the first independent single mal

Standard Life Aberdeen (SLA) has dropped its shares in fashion retailer Boohoo amid allegations of sweat shop conditions within the company. 

Homebuyers will be able to take advantage of reduced rates of Land and Buildings Transaction Tax (LBTT) from this week, after finance secretary Kate Forbes responded to calls for a quick implementation of the change. The threshold at which LBTT begins to be paid will rise from £145,000 to &pou

Lauren Hazlie, property solicitor at Jones Whyte, details the impact of the coronavirus pandemic on the housing market by discussing the extension to the Additional Dwelling Supplement Tax reclaim period. In Scotland, Additional Dwelling Supplement (ADS) Tax must be paid by a buyer on the purchase o

Machine Labs, an Edinburgh based software start-up, has raised £1 million in a seed extension round lead by Techstart Ventures alongside the founders, the angel investors Bill Dobbie and Richard Freedman, and the British Business Bank. An additional £100,000 was provided in grant fu

St Andrews based distiller and brewer, Eden Mill, has seen its sales increase by 9% during the coronavirus crisis-hit April to June 2020 trading quarter.

Andrew Knowles, senior director, restructuring advisory at financial consultancy firm Duff Phelps, details how the temporary suspension of wrongful trading doesn’t change the attention that directors should be giving when evaluating the financial position of their company. The tempor