HSBC has provided an East Lothian-based malt extracts producer with a £4.5 million finance package to expand its business. The deal has allowed PureMalt Products to invest in new equipment at its 800-year-old mill in Haddington.
News
The Scottish government has re-appointed Scots law firm Morton Fraser to provide its debt recovery services. Holyrood awarded the firm the first contract from its expanded Legal Services Framework which went live in August.
(l-r): Kathryn Taylor, one of the Trustees for the Alliance Trust Foundation; Maureen Phillip, PAMIS Director Family Support Service Tayside; Kirsty Thomson, Campaigns, Events, PR and Fundraising Officer for PAMIS; and Mark Thomson, from the Alliance Trust. University of Dundee-based charity PAMIS h
Footfall numbers in Scotland for September were down 0.8 per cent year-on-year but up on the 1.5 per cent fall recorded in August, according to latest data from the Scottish Retail Consortium. September’s performance is the best result for Scottish high streets since February 2015, excluding Easte
Gordon MacIntyre-Kemp A snap poll carried out by Business for Scotland has found 82 per cent support from Scottish SMEs for the UK to remain in the EU.
UK oil and gas firms are sitting on a war chest of £20bn that could be released by simply improving their working capital management, according to new research released today by PwC. With no sign of an oil price rebound in sight, exploration and production (E&P) and oilfield services firms are
Aberdeen Asset Management's Asian Smaller Companies Investment Trust has celebrateed its twentieth anniversary this month by producing a short history charting key world events and exploring some of the listed smaller companies in Asia, where it has invested over the last two decades. Launched on 8
Salary inflation in Scotland has slumped to a 25-month low amid slowdowns in Glasgow and Edinburgh, according to the latest Bank of Scotland Report on Jobs published today. This was despite the research also showing a demand for staff strengthening while the downturn in candidate availability become
Lloyds Banking Group has had to scramble to close a security flaw that potentially exposed the banking records on tens of thousands of Bank of Scotland customers. The vulnerability would have allowed criminals to open an account using only a person's name, address, and date of birth, and then view o
Britain’s biggest bank is to open a new Scottish hub for 400 workers as it looks to expand its operations north of the border. HSBC said its newest office, which is due to open in January, will provide space for the expansion of its Scottish workforce which already stands at more than 3,700 staff
Alan Hamilton The cost of UK debt has fallen to an eight year low and SMEs should take advantage of the borrower friendly market, according to Deloitte.
The Prudential Regulation Authority has issued a warning to all big banks that they may have to hold more than £3 billion in extra capital because of new rules to make their high street lending operations safer. The PRA, which is part of the Bank of England, has said banks will have to keep the cap
Scottish workers feel less secure in their jobs than workers throughout the rest of the UK, new figures have show. The latest UK Employment Confidence Survey, carried out by recruiter Glassdoor, revealed that just over 40 per cent of staff members in Scotland fear the sack in the next six months, we
A new survey of 135 businesses with an average of 11,000 employees reveals that they expect to pay an extra £1.6m on average each in wages in 2016 due to the introduction of the National Living Wage, with retailers expecting the biggest increases. The survey carried out by global accountancy firm P