News

HSBC has lifted the three-month pause on its restructuring plan which will see the bank cut up to 35,000 jobs.  

Nationwide, the UK's biggest building society, has tripled the minimum deposit it will ask for from first-time buyers.

Edinburgh craft beer subscription firm Beer52 has succeeded in meeting an exceptional increase in demand thanks to funding support from Royal Bank of Scotland. During lockdown, an unprecedented surge in customer demand resulted in a landmark 200,000 subscribers for the firm. The company has since do

The latest patent, trademark and design data from the UK Intellectual Property Office shows an impressive performance from Scotland in 2019, according to IP specialists Marks & Clerk. Scotland filed 1,168 registered design applications in 2019 compared with 757 applications the previous year &nd

The Bank of England has announced that it will inject an extra £100 billion into the UK economy whilst maintaining interest rates at a record low of 0.1%.

Edinburgh-based fintech Modulr has teamed up with Glasgow-based Soar to deliver real-time payments to support responsible lenders. Modulr is the Payments as a Service API platform for digital businesses. It integrates into any product or system. Modulr’s new type of pa

Housebuilder Taylor Wimpey has raised £522 million from investors as it seeks to take advantage of a lockdown-related easing of market competition for development land.

The Scottish Land Fund has awarded the Langholm Initiative charity £1 million towards the purchase of 10,500 acres of Langholm Moor in the south of Scotland, which would see the local community creating a vast new nature reserve.

New figures released by the Scottish Government has revealed a small 2019-20 underspend is helping the country fight back against the coronavirus outbreak.

The Edinburgh Tax Network, in conjunction with CIOT and Terra Firma Chambers, will present a webinar on family investment companies and their use in estate, succession and tax planning on 24th June 2020 at 1pm. The speakers will be Ronnie Brown and Claire Macpherson of Burness Paull LLP.

The Financial Conduct Authority (FCA) has announced proposals to make permanent its ban on the mass-marketing of speculative illiquid securities, including speculative mini-bonds, to retail investors. The FCA introduced the ban without consultation in January following concerns that speculative mini

More SMEs are changing their credit terms with their suppliers due to coronavirus, according to the latest results from the Association of Chartered Certified Accountants (ACCA) UK and The Corporate Finance Network (The CFN) SME Health Tracker. The survey of accountants, representing nearly 19,000 S

A man has been fined €500 (around £450) for deliberately farting in front of police officers.

The Scottish Government has launched a £230 million return to work package which will see £51m allocated for business support. The package has been unveiled to help stimulate Scotland’s economy following the coronavirus pandemic.

Aberdeen-based green-tech start-up Trojan Energy has secured a £4.1 million round of seed funding to support the roll-out of its on-street flat and flush electric vehicle (EV) charging points.