News

One in six jobs in the UK car industry are at risk as the coronavirus lockdown has taken its toll on the sector, according to the Society of Motor Manufacturers and Traders (SMMT).

The Financial Conduct Authority (FCA) is reminding businesses which carry out cryptoasset activity in the UK, that they have to be registered with the FCA to comply with new regulations. To ensure that applications are processed on time the FCA requires firms to submit completed appli

Producer and reality star David Gest's huge collection of music and film memorabilia is to be sold in an upcoming auction. 

Scotland increased its share of financial services foreign direct investment (FDI) in 2019 and secured Europe’s largest international investment project in terms of job creation, while project numbers across Europe fell, according to the latest EY UK Attractiveness Report for Financial Se

M&D's Theme Park has been bought out of administration after Michelle Elliot and Stuart Robb of Leonard Curtis Business Rescue & Recovery were appointed as administrators back in April. Bosses of the theme park, which is based in Strathclyde Park near Glasgow, said that the centre is now und

Banks should find new ways to finance struggling businesses to ensure their survival amid the coronavirus pandemic, according to a Scottish Government advisory group.  The call is part of the recommendations of the advisory group who were asked to consult on ways to lead Scotland towards a

International finance firm Epidarex Capital has launched a £102 million venture fund in Edinburgh to build successful life science companies.

Dundee-based manufacturing firm Pryme Group has appointed Tyler Buchan as its new chief financial officer. Mr Buchan will succeed Kerrie Murray following her recent promotion to the role of CEO.

Edinburgh-based start-up One Year No Beer has launched a £1.4 million funding round on Seedrs. The firm provides online support for surviving modern alcohol-free society has already attracted £1.1m investment in the private stages of the funding round and has now opened the campaign to t

Cash generation of businesses in Scotland was worryingly low heading into the cash crunch triggered by the coronavirus pandemic, according to a new study by accountancy and business advisory firm BDO. BDO’s analysis of UK businesses shows that those in Scotland converted just 2.7% of the

Jerba Campervans, one of Scotland's best known employee-owned businesses has cautiously returned to the workshop this week to a backlog of orders for its bespoke VW T6 Transporter campervan conversions. The firm will bring back all 15 staff members to its premises following its decision to return to

Staff at the Royal Bank of Scotland are being offered the opportunity to take part in specialist training and support sessions as part of the bank's partnership with carers’ charity VOCAL. Recognising the need to support staff who may be caring for family and loved ones during lockdown, t

Bryan Lord, a technology sector veteran with 30 years’ experience of running and growing global business consulting practices, has become the latest senior recruit to join Aberdeen-based Inoapps following his appointment as head of service delivery. Prior to taking on this newly created r

Nikhil Rathi has been appointed as the new permanent chief executive of the Financial Conduct Authority (FCA). 

Dame Carolyn Fairbairn, CBI director-general and Tracy Black, the CBI’s Scotland director, have written to First Minister Nicola Sturgeon urging her to put jobs and training, especially for young people, at the heart of economic recovery plans.