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The impact of the coronavirus pandemic on the global economy has shifted investor priorities and is expected to have a significant impact on UK Financial Services Firms’ investment plans over the coming year, according to EY’s latest UK Attractiveness analysis for financial services.

Glasgow-founded FreeFlow Technologies (FFT), the developers of the world’s lightest power to weight e-Bike motor, has secured £1.85 million from a heavily over-subscribed funding round. The new funding round was led by investment syndicate Kelvin Capital and supported by Equity Gap, Fore

Medium-sized businesses in Scotland predict a strong recovery once a COVID-19 vaccine is rolled out, according to new data from BDO. The latest BDO Rethinking the Economy survey showed that 56% of Scottish businesses predict they will fully recover in less than six months once a vaccine for COVID-19

Perthshire based online auction house Whisky Auctioneer has seen almost £4 million of sales in a month thanks to rising global demand for rare whisky.

Coronavirus grants should be provided for suppliers to Scottish hospitality and retail businesses hit by current restrictions, according to the Federation of Small Businesses (FSB). In a letter to the Scottish Government and local authority leaders, FSB also urged finance secretary Kate Forbes and C

The Bank of England (BoE) has reported that mortgage approvals for house purchases extended their recent buoyancy in October, climbing to 97,532 marking the highest rate since August 2007.

Scotland’s Chief Statistician has published statistics on the reliefs and exemptions from non-domestic rates that were in place at 1 July 2020.

A new economic study by Irwin Mitchell and the Centre for Economics and Business Research (Cebr) has shown Edinburgh survived the impact of COVID-19 better than most UK cities, but that by the end of next year, may be among the slowest growing in terms of output.

An additional £11.8 million is being made available to help Scottish businesses take advantage of digital technologies to improve their productivity, increase their resilience and create new market opportunities. As part of the Scottish Government’s support for economic recovery, the fun

A British man who is set to become a billionaire from selling medicinal cannabis has spent £3 million on red wine.

Edinburgh-based financial advisory and asset management firm Melville Independent has announced the appointment of Matthew Irvine and Kristofor Banks to its senior executive team. The two have been appointed as directors in key strategic and development roles.

Over four-fifths (83%) of Scots have a greater appreciation for staff working in local businesses as a result of the pandemic, according to the latest data from the Royal Bank of Scotland's Tyl service.

The Shetland Space Centre has secured a £1.43 million investment from Wild Ventures Limited. It follows the UK Space Agency’s announcement last month that Lockheed Martin is transferring its satellite launch initiative to Unst to deliver long-term value for the industry and help establis

Dundee-based restructuring and insolvency specialists Dunedin Advisory has announced that it has moved its Glasgow office to new premises in the centre of the city. The firm has said that its new office at 2 West Regent Street provides a great space to work in with flexibility, breakout areas and va

HM Revenue and Customs (HMRC) and the Advertising Standards Authority (ASA) have launched new action to cut out misleading marketing by promoters of tax avoidance schemes. The joint enforcement notice aims to disrupt the activity of promoters and protect people from being presented with misleading a