News

The narrowest house in London, which is just over one-and-a-half metres wide in places, has been put up for sale for nearly £1 million.

A Scottish government report has estimated that extending the furlough scheme by eight months could save 61,000 jobs in Scotland. The new research estimates that the direct cost of extending the furlough scheme in Scotland to June is around £850 million, but the wider economic benefits, s

The Scottish economy contracted by 19.4 per cent in the second quarter of 2020 as the COVID-19 pandemic swept the country, new figures show. Economy Secretary Fiona Hyslop said the figures, which reveal a 21.1 per cent contraction over the year compared to Q2 2019, show the "extremely serious impact

The High Court in London has handed down judgment in a test case concerning how business interruption insurance policies should be interpreted during COVID-19. The court found in favour of the arguments advanced for policyholders by the Financial Conduct Authority on the majority of the key issues.

MHA Henderson Loggie has welcomed 11 new recruits to its trainee programme. Graduates Claire Don, Ewan Shiels, Euan Woodley and Adam Graham will join school-leavers Colette Swinley, Archie Williams and Wallis Lynch as trainee chartered accountants in the firm’s audit departments in Dundee

Scottish retail is showing no return to growth as recovery stalls and sales continue to show a similar level of decline as that seen in July, according to latest figures. A report by the Scottish Retail Consortium (SRC) and KPMG LLP has shown that total sales in August this year decreased by 7.

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