News

Estate agents across Scotland are forecasting a record month for sales in July, eclipsing the 10,352 properties sold in July 2018. The Bank of Scotland has said it has seen a 75% rise in online mortgage applications in the last week alone, and a 470% spike in people seeking a lending appointment.

Lloyds Bank has announced plans to move further into wealth management and insurance services in its next strategy update.

New Wave Foods, trading as Shore the Scottish Seaweed company, has grown its product range on the back of a £1.7 million finance package. Alness-based Shore uses sustainably harvested Scottish seaweed to manufacture plant-based snacks and foods. It launched its first range of snacks in late 20

Barclays has slashed rates for affluent borrowers as mortgage customers with a sizeable deposit can now fix their mortgage for ten years at less than 2%. 

Yorkshire Building Society has restarted its 90% mortgages for first-time buyers as it slashes its interest rates. Earlier this month, the bank suspended 90% mortgages after an unprecedented level of demand from prospective buyers. Yorkshire Building Society said these deals would only be available

Lothian based eco-friendly toy company, Yummikeys has reported a 291% increase in YTD trade figures with monthly sales tripling since the lockdown measures were introduced in March.

Jim Tucker, David Pike and Mike Pink from KPMG’s restructuring practice have been appointed joint administrators of retail property company Intu Properties plc, the owner of the Braehead complex near Glasgow. The retail landlord had been in financial restructuring talks with lenders all of las

Edinburgh start-up Breathe Easy has won a £50,000 grant from the Scottish Government to help with its development of the first lip-reading face masks in Scotland.

Scottish exporters have secured almost £32 million of overseas sales according to UK Export Finance’s (UKEF) annual report and accounts.

The Scottish Government has called for an extension of its financial powers within a newly published blueprint for the country's economic recovery. The report entitled COVID-19: UK Fiscal Path – A New Approach also proposes the creation of a UK-wide £80 billion stimulus package to r

Scottish Government advisors are calling for ministers to levy more tax from Scotland's higher earners to boost the country’s economic recovery and relieve the burden on lower-paid Scots. 

Wealthy holidaymakers are enjoying socially distanced travel with the advent of £1 million private jet package holidays.  Jet broker Fly Victor has seen bookings rise by 80% in the last few days, according to its founder, Clive Jackson.

Eggplant, the software testing business developed by Edinburgh-based entrepreneur George MacIntosh, has been acquired by Santa Rosa, California-headquartered Keysight Technologies, the New York Stock Exchange-listed tech group for $330 million. Eggplant has been majority-owned by global investm

Donald Trump has been threatened with legal action by rock band The Rolling Stones for using their songs at his campaign rallies despite cease-and-desist directives.

The growing international role of Scotland’s fintech cluster was given a further significant boost today with the announcement of £22.5 million innovation funding for the Global Open Finance Centre of Excellence (GOFCoE) to be established in Edinburgh and the Central region. The news was