News

The Purchasing Managers Index (PMI) has revealed a contraction in activity within the services sector in September. This revelation completes a trio of PMI's which showed a decline in activity across services, manufacturing and construction sectors at the end of the third quarter of the year.

It was revealed yesterday that the British Business Bank’s Start Up Loans scheme has lent over £30 million to small businesses in Scotland since 2012. Following this news, Kelly Tolhurst, small business minister, has written about her experience as a small business owner and recognises t

A study backed by Barclays has found that financial terminology such as 'pension' 'stockbroker' and 'FTSE' triggers biological stress reactions such as sweating and an increased heart rate in humans.

New figures from the Federation of Small Businesses (FSB) have revealed that Scottish small business confidence slid in the third quarter of 2019, reversing the surprise resurgence seen earlier in the year. In the third quarter of 2019, FSB’s Scottish Small Business Index (SBI), its measure of

The Financial Conduct Authority (FCA) has published a series of potential remedies to tackle concerns about general insurance pricing. In an interim report of its market study into the pricing of home and motor insurance, the FCA found that competition is not working well for all consumers in these

New research from KPMG UK has revealed that almost a quarter of Scots (23%) spend more than half their income on the day it’s paid into their account.

New car sales rose by 1.3% year-on-year in September, marking the first increase since February, however, this has not mitigated a continuous slow in the industry.

A Banksy painting depicting MPs in the House of Commons as chimpanzees has sold for nearly £9.9 million. Auction organisers have said the sale is a record for the street artist.

Four Scottish accountancy veterans have been recruited by Belfast finance firm HNH to open a new corporate finance office in Edinburgh to target small and medium-sized enterprises (SMEs) including family-owned companies. HNH specialises in advising customers in deals within the £1 million to &

Edinburgh-based LendingCrowd and the Institute of Chartered Accountants of Scotland (ICAS) have today signed a strategic partnership that will see LendingCrowd become ICAS’s preferred partner in its business loans category. LendingCrowd is the only fintech lending platform headquartered in Sco

A new report by PwC has indicated that increased investment means that the number of hotel rooms in Scotland's main cities is in a strong position for future growth. The report released today also revealed that a surge in the number of hotel rooms in Scotland’s main cities has led to a fall in

The United States will impose a 25% import tariff on Scotch whisky from October 18th this year, it announced today.

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.

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.