Ferguson Marine is to be nationalised after administrators rejected three commercial bids to buy the Inverclyde-based shipyard. After operating the firm under a management agreement, the Scottish Government is now to formally purchase the yard.
News
New figures released today from the British Business Bank's Start Up Loans programme have revealed that the scheme has lent over £30 million to small businesses in Scotland since 2012. In total, the government-backed scheme has issued more than 4,000 loans, with an average loan size of £
Celebrity speakers Martina Navratilova and Eddie Izzard voiced there support for a more diverse Scottish business community at the fifth annual Aberdeen Standard Investments Diversity Summit. The summit was held at Gleneagles during The Solheim Cup week.
Knight Frank has appointed Euan Kelly as a partner in its Edinburgh office in an effort to bolster its investment team and strengthen its capital markets offering. Mr Kelly will relocate from the commercial property consultancy’s London headquarters, where he was part of its portfolio capital
First appointment made to professorial chair supported by Baillie Gifford at University of Edinburgh
Professor Shannon Vallor will join the University of Edinburgh as the first Baillie Gifford chair in the Ethics of Data and Artificial Intelligence at the Edinburgh Futures Institute (EFI).
Argyll and Bute Council has welcomed the announcement of a £50 million Rural Growth Deal as a "transformational vote of confidence" in the area. The announcement was made yesterday as Treasury officials confirmed the UK government's £25m contribution to the deal would be finalised &ldquo
Small and medium-sized businesses (SMEs) in Britain are set to miss out on £3 billion in lost interest over the next year, according to new research.
The Financial Reporting Council (FRC) has revealed public opinion on the regulation of corporate reporting, audit and governance. Its research has indicated that the public supports the FRC taking firmer action to hold companies to account.
A man who says he was encouraged to try homosexuality by an iPhone app has launched a lawsuit against Apple for "moral suffering" because he ended up with a boyfriend.
Standard Life Aberdeen Plc has announced that its vice-chief Martin Gilbert will step down from the company's board of directors. Mr Gilbert advised the company that he would not seek re-election at the firm's AGM which is scheduled for 12th May 2020.
Anderson Anderson & Brown (AAB) has released its quarterly Deals Done in Scotland review which details Scotland's Mergers and Acquisitions (M&A) and funding activity for this quarter.
Three leading tech for good entrepreneurs have been selected for the Startup Summit Competition final, where they will compete for a top prize worth over £220,000.
Anderson Anderson & Brown LLP (AAB) has appointed partner Derek Gemmell as head of innovations tax. Mr Gemmell has been with the firm for eleven years.
AM Bid, the business bid specialist, has revealed that David Gray has been appointed as the firms' new managing director. Mr Gray will replace current managing director Andrew Morrison, who founded the North Berwick company in 2014. He joined AM Bid in 2016 after working at EDF Energy.
The Purchasing Managers Index (PMI) for September has revealed that the British manufacturing sector is still struggling.