News

Thomas Taylor Bowls has secured a Virgin Money funding package backed by government department UK Export Finance (UKEF) to help the family business continue its international growth. Glasgow-based Thomas Taylor Bowls is the oldest bowls manufacturer in the world, with over 200 years of experience. T

Company insolvencies in Scotland have gone up 11% year-on-year, as 115 company insolvencies registered were registered during March 2024. This was comprised of 44 compulsory liquidations, 62 CVLs, and 9 administrations. There were no CVAs or receivership appointments.

An Iranian goalkeeper has been fined three billion rials (around £57,000) for embraced a female fan who stormed the pitch. Hossein Hosseini, goalkeeper for Esteghlal FC, was ordered to pay the fine after briefly embracing the woman, who was not wearing a hijab, IranWire reports.

The Scottish Retail Consortium (SRC) is urging Scottish Ministers to adopt a strategic approach to taxation in their upcoming medium-term tax strategy.

NatWest Group, has announced a significant dip in first-quarter profits, reflecting challenges across the banking sector as interest rates settle.

Scottish Friendly has posted record sales of £51.1 million for 2023, up from £47.7m in 2022. The increase was achieved despite facing significant market and economic challenges, and represents the highest new business sales figures in the financial mutual's 162-year history.

The UK government has granted greater powers for the National Crime Agency (NCA) and police to seize, freeze and destroy cryptoassets used by criminals, effective today.

While UK inflation remains sticky and the prospect of interest rate cuts is moving further away, businesses in Scotland once again saw both advanced and early signs of financial distress rise in the first quarter of 2024 compared with Q1 2023, according to Begbies Traynor. The latest Red Flag A

Local relationship bank Handelsbanken has appointed Kevin Hulse as its first corporate manager – business development for Edinburgh. Born and bred in the capital, the 43-year-old steps into the newly-created position after two years with the bank as a corporate manager, based at its Edinburgh

Insolvency and restructuring trade body R3 has appointed Tim Cooper, partner at Addleshaw Goddard, as its new president. As president, Mr Cooper will work with R3’s CEO, senior management team and council to help shape and deliver R3’s strategy for the next 12 months and supporting its d

The Port of Greenock has been awarded a new weekly deep sea container service that will directly connect Scotland to the Mediterranean market of Turkey. The new call on the Mediterranean Shipping Company’s Türkiye-to-and-from-UK West Coast service is an extension of the existing service,

Former England and Liverpool footballer John Barnes has been banned as a director after his company failed to pay tens of thousands of pounds in tax. Investigations by the Insolvency Service, which began in September 2023, revealed that between 2018 and 2020, the 60-year-old’s company, Jo

Monzo customers are now eligible to receive a free sausage roll each week.

More than 100 people from accountancy and business advisory firm Johnston Carmichael are gearing up for Scotland’s biggest fundraising event of the year – the Kiltwalk. Johnston Carmichael has been a gold sponsor of the charity event for eight years as part of its commitment to supportin

SBP Accountants & Business Advisers (SBP), the North-east accountancy firm with offices in Aberdeen, Peterhead, Fraserburgh and Banff, has achieved a final fundraising amount of £6,961 for AberNecessities. AberNecessities, a local charity dedicated to providing essential items to chil