News

The average Scottish council spends less than a fifth of their procurement budget with local small and medium sized enterprises (SMEs), according to data uncovered by the Federation of Small Businesses (FSB).

Neil Amnar Scottish Chambers of Commerce has called for a lowering of taxes and a commitment to safeguarding inward migration north of the border to bolster Scotland’s stuttering economy.

Vanessa Kennedy Scottish law firm Gilson Gray has appointed PwC marketing director Vanessa Kennedy to the same, though newly created role, with the Edinburgh headquartered lawyers.

The Scottish Government has welcomed commitments from the new owners of the Green Investment Bank on the future of the Edinburgh-based institution.

Tracey Black The CBI has appointed Tracy Black as its new deputy director in Scotland.

Gross mortgage lending in the UK reached £21.4 billion in March, according to The Council of Mortgage Lenders.

Blair Nimmo New analysis from professional services firm KPMG indicates positive signs for the Scottish economy, with a significant drop in the number of Scottish companies failing in the first three months of 2017.

John Whittle Bolton-based law firm, Keoghs, is to extend its geographic reach into Scotland in April with the opening of a Glasgow office in the heart of the city’s business district.

Philip Hammond UK chancellor Philip Hammond has hinted that the Treasury could finally be about to take a multi-billion-pound haircut and sell off its 73 per cent stake in Royal Bank of Scotland nearly a decade after rescuing it at a cost of £45 billion to the UK taxpayer.

Scottish sales declined by 1.0 per cent on a like-for-like basis last month compared to March 2016, when they had decreased by 1.6 per cent, according to latest data.

Ken Patullo Businesses in Scotland saw the biggest reduction in the UK of the most serious signals of business distress in the first quarter of 2017, according to new data released today by business rescue and recovery specialist Begbies Traynor.

Nicola Sturgeon at the opening of Scotland House Scotland’s latest Innovation and Investment Hub has officially opened in London with more than 450 businesses registering their interest in becoming members in the first few weeks.

Tom MacLennan FRP Advisory, administrator of McClure Naismith, has warned creditors of the failed Scottish legal firm that they are unlikely to receive any money when the firm is eventually dissolved.

A new fund launched just four months ago by wealth manager Mattioli Woods has raced to a special monetary milestone - £75 million of investment.

Luke Davis With the triggering of Article 50 and the start of the 2017/18 financial year on 6 April, London-based investment firm IW Capital has conducted new research to profile the risk appetite of the UK investor community.