News



Standard Life Aberdeen maintains dividend despite 30% drop in profits

Standard Life Aberdeen (SLA) has announced that it will maintain its dividend payment this year, despite a 30% drop in its profits before tax.

Published 7 August 2020

Glenalmond Timber secures £600k CBILS funding from RBS

Perthshire-based timber manufacturing company, Glenalmond Timber, has received £600k in CBILS funding from the Royal Bank of Scotland to help safeguard the future of the business following the coronavirus pandemic.  

Published 7 August 2020

Brewin Dolphin supports Glasgow social entrepreneurs

Two Glasgow social entrepreneurs, Petra Baiba Olehno and Rhiannon J Davies, have been selected by Wealth manager Brewin Dolphin, in partnership with the School for Social Entrepreneurs (SSE) to take part in SSE's Start Up Plus programme. 

Published 7 August 2020

Scottish retail lost £1.9bn sales during lockdown

Retailers in Scotland lost £1.9 billion of retail sales during the first four months of the coronavirus pandemic, according to new analysis by the Scottish Retail Consortium (SRC).

Published 7 August 2020

Tom Nener: Counterfeiters cash in on coronavirus crisis

Tom Nener, legal director at Pinsent Masons, highlights the importance of protecting your brand as criminals take advantage of the pandemic.

Published 7 August 2020

CBI Scotland outlines six-point approach to help business cope with local lockdowns

With First Minister Nicola Sturgeon having announced a limited lockdown in Aberdeen, CBI Scotland has today set out six ways in which to build confidence for those businesses, local authorities and communities affected, if their local area comes under new temporary restrictions.

Published 7 August 2020

None of Scotland's 48 listed companies has a black executive

Not one of Scotland’s 48 listed companies features a black executive on its senior management team, according to new research conducted by The Ferret.

Published 7 August 2020

Scottish Government announces actions for economic recovery after COVID-19

Targeted measures to build a stronger, fairer and greener economic future for Scotland in the wake of coronavirus have been announced by the Scottish Government.

Published 7 August 2020

Scottish businesses receive over £2bn from UK Government COVID-19 support schemes

UK Government financial support schemes to aid businesses recovering from coronavirus have paid out £2.3 billion to 65,000 firms in Scotland, according to the Treasury.

Published 7 August 2020

London & Scottish optimistic property valuations will recover

Glasgow-based London & Scottish Property Investment Management reports that property valuation and rent collection in the commercial property sector have held up well against the sector average.Its portfolio was valued on 30 June 2020 at £742.3 million. Adjusting for property disposals earlier in the year, the like-for-like valuation was only 3.7% lower than on 31 December 2019. In the same period, UK commercial property capital values fell by 6.9%.Rent collection also remains strong, with first quarter collection now standing at 98% (96% has already been paid and agreed plans are in place for the remaining 2%).

Published 7 August 2020

£1.5m Homelessness Prevention Fund to open for applications

A new £1.5 million fund open to housing associations and co-operatives to support initiatives to prevent homelessness will open for applications shortly.

Published 7 August 2020

Halifax: UK house prices rose 1.6% month-on-month in July

UK house prices rose 1.6% month-on-month in July, marking the first increase since February and the largest rise since December 201, according to the latest Halifax House Price Index.

Published 7 August 2020

And finally... pubic pint

The co-founder of a Canadian brewery has apologised after being accused of cultural appropriation for naming its New Zealand pale ale 'Huruhuru' - which unknown to him is the Māori word for pubic hair. 

Published 7 August 2020

Two Scottish property developers disqualified for tax avoidance

Property developers Richard Black, from Collessie, and William Edmiston, from Kirkcaldy, have been banned for a total of 13 years after failing to pay tax on a land deal.

Published 6 August 2020

Coatbridge construction boss banned for false tax returns

HK Construction boss Hardip Singh Khaira from Coatbridge, North Lanarkshire has been banned from running companies for nine years after he submitted false tax returns.

Published 6 August 2020