News

Scottish start-ups have recorded their lowest first quarter for fundraising in over twenty years as the coronavirus impacted investor confidence, according to new research from Refinitiv.

Duncan Raggett, insolvency practitioner and head of the restructuring and recovery team at Anderson Anderson & Brown (AAB) discusses the issues and options firms should be considering in preparation for life after lockdown. The impact of COVID-19 on the economy is likely to be long-lasting.

Investment management firm Close Brothers Asset Management (CBAM) has appointed Michael Barr as an investment director in its Edinburgh office, to further support the expansion of its investment management service for high net worth clients in Scotland. Mr Barr joins CBAM from Brooks

Nationwide has said that a borrower's credit rating should be affected if they take a further mortgage holiday.

Business confidence in Scotland rose 17 points during May to -33%, remaining near record lows, according to the latest Business Barometer from Bank of Scotland Commercial Banking.

Nationwide has seen its profits plummet by 40% after taking a £101 million hit from the coronavirus pandemic. The lender, which is Britain's largest building society, said its underlying profit before tax plunged from £788m in 2019 to £469m this year on underlying income of ju

The British car manufacturing industry came to a near standstill in April with production down 99.7% compared to April last year.  

The significant impact the coronavirus pandemic is having on the UK social housing sector is beginning to emerge with additional arrears increasing to an estimated £100 million since lockdown began and lettings activity down 77%.

One of the world's oldest bottles of Cognac has been sold in an online auction for £118,580.

Scottish Friendly, Scotland’s largest financial mutual, has today announced record sales of Investment ISAs (also known as Stocks and Shares ISAs) following another strong financial performance in 2019. During a period of sustained market uncertainty, Scottish Friendly 

Scotland has established a comparatively strong position within the UK in terms of attracting Foreign Direct Investment (FDI) having recorded an increase in both the number and share of UK projects in 2019, according to the EY Scotland Attractiveness Survey 2020.

Stella’s Voice, a Peterhead-based charity that works to safeguard young people across Eastern Europe from traffickers and homelessness, has received funding from Bank of Scotland to help it support locals amid impacted by the coronavirus pandemic.

The Federation of Small Businesses (FSB) in Scotland is asking ministers to consider financial support for workplaces that are required to re-close because staff have been in contact with the virus. The call arrives as Scotland launches its virus tracking system.

Two village pharmacies in Scotland have new owners thanks to a funding package from Unity Trust Bank. Following the retirement of the previous owner of Eildon Pharmacy in Newtown St Boswells in the Scottish Borders and Airth Pharmacy in Falkirk, two former colleagues have taken over the respective b