News

Over 600,000 SMEs (0-249 employees) could be at risk of collapse in 2020, according to new research by small business insurance provider Simply Business.

The Financial Conduct Authority (FCA) has published its Suspicious Transaction and Order Reports (STORs) for the year ending December 2019 showing the first decrease in the total number of reports since 2016. The FCA said that there may be several reasons for the decrease, including the fact that th

Ice cream producer Mackie’s of Scotland has recorded a 20% increase in annual turnover to £16.7 million with a 60% spike in operating profits to £2.1m, for the financial year ending May 2019. Soaring chocolate sales and ice cream growth that bucked a wider market decline have combi

Criminals have been stopped from fraudulently withdrawing around £13 million from bank accounts, according to a new report into serious organised crime in Scotland.

Barclays has today announced that it has made a £50 million fund available to help small and medium-sized enterprises (SMEs) and rural businesses impacted by the recent flooding.

Growth of manufacturing output accelerated to a ten-month high in February, according to the latest IHS Markit/CIPS UK Manufacturing PMI.

Manchester-based Gamma Communications has purchased Dunfermline-based telecommunications firm Exactive Holdings for £4.5 million with a possible £3m add-on if profit targets are met in 2021. Exactive Holdings is a unified communications specialist and is one of a small number of Microsof

An ATM in Bo'ness has been distributing free £20 notes after a technical malfunction.

Wealth manager Brewin Dolphin has announced two senior promotions at its Glasgow-based office with Alan Harvey and Elaine Smith being named as divisional directors. The two have both been promoted from assistant directors in a move which the company hopes will support the business's growth in Scotla

A group of 50 angel investors have provided £580,000 of funding to Edinburgh-based climate change tech start-up Pawprint. The investors include high profile entrepreneurs such as Dietchef's Kevin Dorren and itison's Oli Norman.

George Restall has been appointed as finance director of Interserve Group Limited, the international support services, construction and equipment group. He will take over from Mark Goldsworthy with effect from 3rd April 2020.

Andrew Dagley, the finance chief of Edinburgh-based tidal power company SIMEC Atlantis, has stepped down after taking up the role in August 2017. SIMEC Atlantic, which operated the MeyGen tidal energy programme in the Pentland Firth, said that he will step down from his post as chief finance officer

The Scottish economy is predicted to grow by 0.8% GVA in 2020 and subsequently narrow the growth gap between Scotland and the UK by 2022, according to the EY Scottish ITEM Club 2020 Forecast published today. The report shows the Scottish economy grew in 2019 by 0.9% GVA and will continue to do so in

Audit, tax and consulting firm RSM is once again collaborating with Turing Fest on the NextGen Founders network, to bring Scottish tech startups, partners and investors together to build, grow and lead. Due to the success of the NextGen dinners, this year there will be eight events in total, sp

Alistair Stobie, the chief financial officer of Hurricane Energy Plc, has resigned. Mr Stobie is also a director of the oil and gas company and will step down thanks to a mutual agreement with the board.