News

Scotland remains the second most attractive location for Foreign Direct Investment (FDI) after London and has retained the majority of ground gained over the last five years, according to EY. This is according to the latest EY Scottish Attractiveness Survey published today.

A 16 acre research and development complex, home to one of Edinburgh’s biggest employers, Italian aerospace, defence and security company Leonardo, has been sold to a South Korean investor for £100m.

The average selling price of a house in Scotland was £174,317 in the first quarter of the year, a 0.3 per cent decrease on the same period last year, according to the latest quarterly house price statistics from the Registers of Scotland (ROS), covering the period from 1st January to 31st

Seven in ten businesses that have attempted to raise capital in the last year have failed at least once, according to the new Dream Bigger: Funding ambition report from Smith & Williamson. The findings in the accountancy firm's report come from a survey of the founders of 501 scale-up compa

Sumitomo Mitsui Trust Bank, a Japanese trust bank, and Aberdeen Standard Investments have today announced the establishment of a joint venture that will invest in residential real estate in Japan and other mature markets across Asia Pacific. In Japan SuMi TRUST has a strong presence, significan

Online retail giant eBay and Asto, the Santander-backed fintech that aims to help small businesses run and grow through a range of financial and non-financial services, have partnered up to offer cash flow loans to eBay.co.uk’s growing network of small businesses. The partnership aims to help

SNP MP Stewart McDonald will today launch a new cross-party group in Parliament in a bid to tackle the growing concern of unpaid work trials. The All Party Parliamentary Group (APPG) on Unpaid Work Trials is expected to bring together MPs from all the major political parties to gather evidence from

Expresso Property Limited is in the final stages of planning for a new high tech ‘Grade A’ business hub on Glasgow’s waterfront after concluding missives with Scottish Enterprise for the acquisition of 1A Pacific Quay.

An innovative Fife-based business which manufactures and sells pioneering eco-friendly cleaning products is set for expansion after securing financial support from HSBC UK.

Product Guru, an online platform described as ‘Tinder for retail buyers and product suppliers’, has secured a £300,000 investment. The Scottish company has received financial backing from Asia-based retail technology investor Belmond Capital, Scottish retailer Scotmid and Scottish

A medieval chess piece that was missing for almost 200 years has appeared and could fetch £1 million at auction having been kept unknowingly in a drawer by an Edinburgh family for decades. Acquired for £5 in 1964 by an antiques dealer in Edinburgh and passed down the same family by desce

Insolvency practitioners Dunedin Advisory have strengthened their management team with two new appointments. Linda Grant joins the firm as business development director and Angela Paterson joins as associate director. 

Royal Bank of Scotland has replaced Aviva with its own private banking arm Coutts as the manager of £2.3 billion of funds run for high street banking customers. The bank's Expert Managed Solutions and Investment Funds ranges have been offered to both RBS and Natwest custome

German insurance giant Allianz is to acquire Legal & General Insurance, the general insurance business of Legal & General Group, for £242 million. In a separate deal, Allianz will also buy out the remaining 51 percent stake in LV General Insurance Group (LV GIG) for up to £578 mi

The Bank of England has reported that year-on-year unsecured consumer credit growth slowed further in April to be at the lowest level since June 2014. This extended the downward trend evident since November 2016. It stood at 5.9 per cent in April, down from 6.4 per cent in March and a peak of 10.9 p