News



Charlie Nunn appointed as chief executive of Lloyds Bank

Bank of Scotland owner Lloyds Banking Group has appointed Charlie Nunn as its new group chief executive officer and executive director.

Published 30 November 2020

Virgin Money enters strategic fintech partnership with Redspire

Virgin Money, owner of Glasgow-based Clydesdale Bank, has announced a new strategic fintech partnership with Glasgow-based Redspire, to support the development of its digital proposition for the new Virgin Money Business current account.

Published 30 November 2020

Martin Gilbert to become next chair of Scottish Golf

Martin Gilbert, one of Scotland’s best-known business figures, is set to become the chair of Scottish Golf, the national governing body of the sport in Scotland.

Published 30 November 2020

COVID throws UK's FDI lead over Europe into question, EY finds

The impact of the coronavirus pandemic on the global economy has shifted investor priorities and is expected to have a significant impact on UK Financial Services Firms’ investment plans over the coming year, according to EY’s latest UK Attractiveness analysis for financial services.

Published 30 November 2020

FreeFlow Technologies secures £1.85m in oversubscribed funding round

Glasgow-founded FreeFlow Technologies (FFT), the developers of the world’s lightest power to weight e-Bike motor, has secured £1.85 million from a heavily over-subscribed funding round.

Published 30 November 2020

BDO: Scottish medium-sized businesses predict sharp recovery once vaccine rolls out

Medium-sized businesses in Scotland predict a strong recovery once a COVID-19 vaccine is rolled out, according to new data from BDO.

Published 30 November 2020

Whisky Auctioneer in high spirits over rising demand

Perthshire based online auction house Whisky Auctioneer has seen almost £4 million of sales in a month thanks to rising global demand for rare whisky.

Published 30 November 2020

FSB calls for expansion of Scottish grants to help suppliers and forgotten firms

Coronavirus grants should be provided for suppliers to Scottish hospitality and retail businesses hit by current restrictions, according to the Federation of Small Businesses (FSB).

Published 30 November 2020

Mortgage approvals reached 13-year high in October

The Bank of England (BoE) has reported that mortgage approvals for house purchases extended their recent buoyancy in October, climbing to 97,532 marking the highest rate since August 2007.

Published 30 November 2020

Non-Domestic Rates Relief statistics for Scotland published

Scotland’s Chief Statistician has published statistics on the reliefs and exemptions from non-domestic rates that were in place at 1 July 2020.

Published 30 November 2020

Edinburgh survived COVID-19 impact better than most UK cities

A new economic study by Irwin Mitchell and the Centre for Economics and Business Research (Cebr) has shown Edinburgh survived the impact of COVID-19 better than most UK cities, but that by the end of next year, may be among the slowest growing in terms of output.

Published 30 November 2020

Further £11.8m funding to help Scottish firms harness digital technologies

An additional £11.8 million is being made available to help Scottish businesses take advantage of digital technologies to improve their productivity, increase their resilience and create new market opportunities.

Published 30 November 2020

And finally... on cloud wine

A British man who is set to become a billionaire from selling medicinal cannabis has spent £3 million on red wine.

Published 30 November 2020

Melville Independent appoints two new directors

Edinburgh-based financial advisory and asset management firm Melville Independent has announced the appointment of Matthew Irvine and Kristofor Banks to its senior executive team.

Published 27 November 2020

Public appreciation for small businesses soars in Scotland, RBS finds

Over four-fifths (83%) of Scots have a greater appreciation for staff working in local businesses as a result of the pandemic, according to the latest data from the Royal Bank of Scotland's Tyl service.

Published 27 November 2020