News

Eros Retail, a family-run business which operates a chain of convenience stores under the ‘Greens’ banner across Scotland, has expanded its offering following a £945,000 financial package from HSBC UK.

Waste management firm, BusinessWaste.co.uk, which hailed the advent of of the cryptocurrency age when it announced that is was to being accepting it as a payment for services has now reported that it is no longer accepting blockchain currencies – such as Bitcoin – because

As they prepare to be grilled by MPs today, the heads of Deloitte, KPMG, EY and PwC have written to the Commons business committee to plead for the competition watchdog to postpone a planned overhaul of the audit market until the completion of a separate review by Donald Brydon, chairman of the Lon

An update from administrators EY has revealed that collapsed Aberdeen services firm Richard Irvin and Sons owed more than £21m when it went under last December with the loss of 109 jobs. The group, whose activities included facilities management (FM) and mechanical and electrical (M&E) ser

The final quarter of 2018 saw levels of advanced financial distress in Scotland continuing to rise sharply across the majority of sectors, according to research released today by business rescue and recovery specialist Begbies Traynor. The company’s quarterly Red Flag Alert data which reveals

Royal Bank of Scotland subsidiary NatWest has today announced that it is to establish a million pound Data Academy that aims to train 1000 staff in its first year alone in how best to understand and harness data.

Some victims of pension scams have lost more than £1 million in savings each to fraudsters, new statistics have revealed. Intelligence gathered by members of the multi-agency Project Bloom group, which was set up to tackle pension scams, has found some people who had managed to put away more t

Financial recovery, restructuring and debt advisory boutique MLM Solutions has announced the appointment of Margo McLenan as director. Ms McLenan has been working in business restructuring and insolvency for over 35 years and is a member of the Insolvency Practitioners Association, bringing wit

The City of Edinburgh Council says it has completed its work to develop and agree a Transient Visitor Levy (TVL) or 'tourist tax' scheme for the capital.

Scotland’s international exports (excluding oil and gas) increased by £1.9 billion to £32.4 billion in 2017, the highest annual growth rate (6.2 per cent) since 2011.

More than half of Scottish businesses do not feel their local government is doing enough to support small business growth, according to a new Business Census of business leaders’ expectations for the year ahead. 

The latest advancements in robotics and automation will be on show in Inverness next week as Scotland’s first showcase on the subject takes place on February 6 and 7. The free event is organised by Highlands and Islands Enterprise (HIE) at An Lòchran, Inverness Campus and is d

Anderson Anderson & Brown LLP has been appointed administrator of a popular north-east bakery business after it ceased trading with the loss of more than 60 jobs yesterday. The owner of Huntly-based J and I Smiths took the decsion to close all shops in Dufftown, Keith and Huntly, citing “r

The Business Growth Fund (BGF) has invested more than a quarter of a billion pounds in Scottish businesses to date, its most recent figures show. This includes 30 new investments, as well as follow-on funding for existing portfolio companies, since BGF was set up in 2011.

Scottish contractors are increasingly demanding "Brexit clauses" in construction contracts to ensure they are not liable for costs caused by a no-deal Brexit, The Times reports. The move is sparked by concern that Britain's exit from the EU could lead to increased costs and supply chain di