Scotland's largest community-owned wind farm, Stòras Uibhist, has secured an £8.5 million refinancing deal from Lombard and the Royal Bank of Scotland (RBS) securing its operation and other community projects. The 6.9MW wind farm, located on South Uist estate and owned by Stò
New figures from the Federation of Small Businesses (FSB) have revealed that Scottish small business confidence slid in the third quarter of 2019, reversing the surprise resurgence seen earlier in the year. In the third quarter of 2019, FSB’s Scottish Small Business Index (SBI), its measure of
A new report by PwC has indicated that increased investment means that the number of hotel rooms in Scotland's main cities is in a strong position for future growth. The report released today also revealed that a surge in the number of hotel rooms in Scotland’s main cities has led to a fall in
Ferguson Marine is to be nationalised after administrators rejected three commercial bids to buy the Inverclyde-based shipyard. After operating the firm under a management agreement, the Scottish Government is now to formally purchase the yard.
Argyll and Bute Council has welcomed the announcement of a £50 million Rural Growth Deal as a "transformational vote of confidence" in the area. The announcement was made yesterday as Treasury officials confirmed the UK government's £25m contribution to the deal would be finalised &ldquo
Highland Spring has blamed the impact of rising costs for the decrease in profits experienced by the firm in its most recent financial year. The company saw pre-tax profits dive to £520,000 for the year ended December 31st, a decrease from £3.3 million last time, as it struggled with the
Coastal communities are to benefit from £7.5 million of revenue generated from the Scottish Crown Estate’s marine assets in the first year of devolved management. The new arrangement, which has been agreed with COSLA, means that 26 local authorities will receive an allocation from the ne
The Scottish Government has substantially reduced the value of £140 million-worth of loans and guarantees to private companies, the Auditor General has revealed. The 2018/19 audit of the government's consolidated accounts were unqualified and show that the overall budget of £36,915m was
Murray Capital Group made a loss of £1.75 million before the tax year ended December 31st and has been hit with a £1.3m tax charge. The Herald reports that the tax charge is for a tax liability which the firm has previously challenged.
The world’s first tartan celebrating sustainable development goals (SDGs) has been created and presented to the United Nations (UN) in New York. The project is designed to help promote the goals worldwide and demonstrate Scotland’s support for the aims, using all 17 colours of the UN&rsq
A group of 16 Scotland-based entrepreneurial leaders will travel to the USA next week to take part in a programme at Boston’s Babson College, the world’s number-one ranked school of entrepreneurship. The visit, which will take place from October 1-8 is facilitated by Unlocking Ambition a