News

The Royal Bank of Scotland is predicting a 40% increase in the number of scams reported this Black Friday compared to the same time last year as online shopping fraud rapidly rises. During lockdown criminals are taking advantage of more customers shopping online. The most popular fake ads involve th

More than £77 million was spent locally by Scottish Borders Council in 2019/20, according to the council's annual procurement report. The report, which is a legal requirement, will be discussed at a meeting of the council's executive committee next Tuesday.

Olive, a UK-wide managed cloud communications provider, has expanded into Scotland with the launch of a hybrid business hub to scale its regional footprint and serve its local business and enterprise clients. Establishing a presence in Scotland has been a key priority for Olive as it continues on it

A man who held a cardboard sign with a smiley face on it outside of a police station has been arrested for taking part in an illegal protest. Jolovan Wham was arrested in Singapore after the brief one-man demonstration in solidarity with arrested climate activists, The Guardian reports.

Virgin Money, owner of Glasgow-based Clydesdale Bank, has posted full-year pre-tax profits of £124 million marking a 77% decline from the £539m posted the previous year.

Stuart Clark, managing director at Glasgow-based Russell & Russell Business Advisers, discusses the complexities of the tax involved in using gift vouchers in the hospitality sector. For business people and their professional advisers, it is like trying to navigate a pathway on constantly shifti

Aberdeen Japan Investment Trust, a fund managed by Aberdeen Standard Investments, has outperformed its share price and net asset value benchmark in the six months to 30 September.  The company’s net asset value total return for the six month period to 30 September 2020 was 26.3%, pos

The amount of women over the age of 55 who are worried about running out of money in retirement has increased to over a third (34%) in the last year, according to a new report by the Equity Release Council.

Derek Money, head of sales at White Oak in Glasgow, says that now is the time for businesses in Scotland to take advantage of the coronavirus Business Interruption Loan Scheme (CBILS) and look towards growth in 2021. Scottish businesses have shown their true spirit during what has been the most chal

Brewin Dolphin has reported strong results this year despite challenging markets, with its profit before tax increasing by 4.3% to £78.2 million. The firm also saw strong total discretionary fund inflows of £2.8bn (FY 2019: £2.8bn) and total discretionary net flows of £0

Despite strong demand from international markets, less than one in five (15%) small businesses in Scotland are planning to do business overseas in the next year, according to new research released today by Alibaba Group.

Scotland's industrial and logistics commercial property market has seen strong demand throughout the COVID-19 pandemic and this performance is expected to continue, according to a new survey by Colliers International. The report has found that demand for industrial space has continued to come from a

Orkney’s first street food outlet has been launched by local entrepreneurs following start-up support from Business Gateway. Founded by Kit Bichan and Daniel Gould, Orkney Street Food Beiting and Brew offers restaurant-quality food and coffee, using the best of local produce to create a fortni

Scotland’s GDP increased by 1.6% in September, according to statistics announced today by the Chief Statistician.

Scottish timber and manufacturing specialist James Donaldson Group has announced the arrival of its latest business which will offer expertly crafted, made-to-measure home office and study solutions.