News



White Oak makes £10m available to Scottish businesses

London-based independent business lender White Oak has announced that it has £10 million to lend to businesses across Scotland as part of the Coronavirus Business Interruption Loan Scheme (CBILS).

Published 15 September 2020

UK bad loans bill falls by £10bn

The expected bill for unsustainable debts to UK firms has dropped by £10 billion to 'only' £20bn, according to TheCityUK.

Published 15 September 2020

Scottish business round-up

A round-up of business news from across Scotland featuring: Tayport Distillery's Co-op deal, Nc'nean Distillery's new whisky launch, Dunclyde's directory service launches in Glasgow and At Your Service's growth during lockdown.

Published 15 September 2020

Report highlights benefits of Edinburgh and South East Scotland City Region Deal

Housing, transport, skills programs and five new data innovation hubs are among the projects that have already benefited from funding from the £1.3 billion Edinburgh and South East Scotland City Region Deal, a new report has revealed as the deal passes the first £100 million milestone.

Published 15 September 2020

Scottish Government launches Sustainable Agriculture Capital Grant Scheme

The Scottish Government has launched a Sustainable Agriculture Capital Grant Scheme (SACGS) with the stated aim of protecting and improving the natural environment, reducing greenhouse gas emissions and supporting sustainable farming and land use.

Published 15 September 2020

Business services united in Fife by launch of InvestFife

Businesses in Fife will now be able to access a range of support services from a single entity following the launch of InvestFife by Fife Council.

Published 15 September 2020

Pauline Wilson named chair of UK Accounting Standards Endorsement Board

The UK Government has today appointed Pauline Wallace as the inaugural chair of the UK Accounting Standards Endorsement Board (UKEB).

Published 15 September 2020

FCA seeks views on how to improve consumer investment market

The Financial Conduct Authority (FCA) has today launched a Call for Input (CFI) to help shape its work on improving the consumer investment market. 

Published 15 September 2020

And finally... weed problem

Police have found more than £500,000 worth of cannabis in underground bunkers on a farm in Lincolnshire.

Published 15 September 2020

Infinity Partnership shortlisted for two Northern Star Business Awards

Aberdeen-based accountancy firm Infinity Partnership has been shortlisted for two accolades at the prestigious Northern Star Business Awards.

Published 14 September 2020

Sinclairs secures £120,000 CBILS loan from RBS

Inverurie-based jewellers Sinclairs has secured a £120,000 CBILS funding package from Royal Bank of Scotland to support the family firm as it navigates the effects of the pandemic.

Published 14 September 2020

Allia C&C expands with opening of Scottish office

Allia C&C, a major funder of social housing in Scotland, has announced the opening of an office in Glasgow to serve its clients in Scotland and the North of England.

Published 14 September 2020

Barclays Ventures unveils new AccelerateHER partnership with Investing Women

The AccelerateHER programme, run by Scottish-based Investing Women, has teamed up with Barclays Ventures to offer specialist mentoring to some of the nation’s most promising female-led companies.

Published 14 September 2020

FCA announces extension of mortgage holidays

The Financial Conduct Authority (FCA) has confirmed the extension of mortgage holidays for consumers who still face financial difficulties, as well as those whose financial situation may be newly affected by coronavirus after the current FCA mortgage guidance ends.

Published 14 September 2020

RBS: Scottish private sector returns to growth in August

The Scottish private sector returned to growth during August with business activity rising at the quickest pace for more than six years amid the fastest uptick in new work since late-2018, according to the latest Royal Bank of Scotland PMI.

Published 14 September 2020