News

The V&A Dundee had a £75 million economic impact across Scotland in its first year after opening, according to new research by Ekosgen and Reference Economic Consultants. The study found that visitors to the museum were worth £21 million to the Dundee economy and £75 million to

Unemployment in Scotland has fallen by 0.3 percentage points since the last quarter to reach 3.8%, according to the latest statistics from the Office for National Statistics (ONS). The data has also revealed that the employment rate in Scotland was 74.3%, this is no change on the quarter and only 1.

Stirling-based care home investor Target Healthcare has announced its new £9.7 million acquisition in Cheshire. The company also announced that it has completed on three previously announced acquisitions in Yorkshire and Wales. The completion of the construction of the group’s care home

New statistics released by Scotland’s chief statistician show rising household wealth in recent years, while wealth inequality remained high.

Opportunity North East (ONE) has announced that the Centre of Excellence for Food and Drink Industry has secured £10 million of capital funding from the UK Government and the Scottish Government. The food and drink development hub secured the funding through the Aberdeen City Region Deal.

Friends of the Earth (FoE) Scotland has called for the Scottish National Investment Bank to be set up with minimum ethical standards to prevent its investment in “damaging” projects. The organisation has made the call as MSPs prepare to vote on legislation which will grant the necessary

CEOs in Europe’s biggest economies regard the UK as one of the most important territories for their organisation’s future growth - more so today than in recent years, according to PwC’s 23rd annual CEO Survey. For Germany, France and Italy’s CEOs, the UK is as attra

The Royal Mint has revealed a new coin dedicated to the band Queen.

TSB has increased the number of business banking face to face relationship managers it has in Scotland from four to ten. (from left) Back Row: Billy Stewart, Louise Allan, Dean Thomson, Martin Hay, Jim Pritchard and Calum Johnston

Hampden & Co has appointed Mark Thomson, former chief executive of the Scottish Building Society, as head of credit. Mr Thomson was also formerly credit director at Scottish Widows Bank.

Scotland’s only all-female business angel group Investing Women has announced the appointment of Rhona Campbell to its board. A member of the Investing Women angel group since 2013, Ms Campbell has also served as an advisor to its board. She now joins as a full board member bringing more

A pay row is brewing at Virgin Money over the bonuses paid to executive directors, with chief executive David Duffy, the former Clydesdale boss, set to pocket £5.1 million this year, despite the challenger bank reporting a loss and making the decision to drop its dividend. Proxy group Ins

Beales, the department store company which has a branch in Perth, has appointed KPMG as administrators. Will Wright and Steve Absolom from KPMG Restructuring have today been appointed joint administrators.

Santander announced last week that it will slash the interest rate it pays to customers for its 123 current account from 1.5% to 1%.

Shares in Scottish companies listed on the FTSE outperformed the FTSE 350 and All Share indices in 2019, according to new analysis from Brewin Dolphin. Scottish companies achieved this as the Alternative Investment Market’s (AIM) constituents based north of the border lagged their benchmark.