News



Scottish exporters secure nearly £32m in overseas sales with UK Government-backed financing

Scottish exporters have secured almost £32 million of overseas sales according to UK Export Finance’s (UKEF) annual report and accounts.

Published 29 June 2020

Scottish Government calls for extended financial powers in blueprint for economic recovery

The Scottish Government has called for an extension of its financial powers within a newly published blueprint for the country's economic recovery.

Published 29 June 2020

Calls for tax changes to relieve burden on lower waged Scots

Scottish Government advisors are calling for ministers to levy more tax from Scotland's higher earners to boost the country’s economic recovery and relieve the burden on lower-paid Scots. 

Published 29 June 2020

The rich enjoy socially distanced getaways with £1m private jet package holidays

Wealthy holidaymakers are enjoying socially distanced travel with the advent of £1 million private jet package holidays. 

Published 29 June 2020

Edinburgh software testing business Eggplant acquired by US tech group for $330m

Eggplant, the software testing business developed by Edinburgh-based entrepreneur George MacIntosh, has been acquired by Santa Rosa, California-headquartered Keysight Technologies, the New York Stock Exchange-listed tech group for $330 million.

Published 29 June 2020

And finally… you can’t always get what you want

Donald Trump has been threatened with legal action by rock band The Rolling Stones for using their songs at his campaign rallies despite cease-and-desist directives.

Published 29 June 2020

Scotland’s FinTech Cluster to receive £22.5m funding

The growing international role of Scotland’s fintech cluster was given a further significant boost today with the announcement of £22.5 million innovation funding for the Global Open Finance Centre of Excellence (GOFCoE) to be established in Edinburgh and the Central region.

Published 26 June 2020

KPMG’s Aberdeen team on their way to Marischal Square

KPMG’s Aberdeen team has completed the first stage of its relocation to the multi-million pound Marischal Square development in Aberdeen.

Published 26 June 2020

Scottish football receives £1.25m anonymous donation

The Scottish Professional Football League Trust (SPFL) has announced that it has secured a further £1.25 million funding boost from a donor who wishes to remain anonymous. 

Published 26 June 2020

Plans for £15m retail park in Barrhead approved

Plans for a £15 million investment by London & Scottish developments, part of Glasgow-based London & Scottish Property Investment Management, to transform the former site of the Nestlé Purina factory in East Renfrewshire and create hundreds of jobs have been approved.

Published 26 June 2020

Reactec completes £700,000 funding round

Edinburgh-based Reactec, a tech firm which recently launched a social distancing monitoring device, has completed a £700,000 funding round led by Archangels. 

Published 26 June 2020

Deloitte: Millenials and Gen Zs 'resilient' in face of COVID-19

In the face of unprecedented health and economic disruption caused by the COVID-19 pandemic, millennials and Gen Zs express resolve and a vision to build a better future, according to a new survey by Deloitte.

Published 26 June 2020

GrowBiz launches £3m crowdfunding campaign to help rural business affected by COVID-19

Perthshire-based enterprise support organisation GrowBiz has launched the first multi-million-pound campaign of its kind to support the thousands of micro-enterprises across rural Scotland disproportionately affected by the coronavirus pandemic.

Published 26 June 2020

Lindsays: Coronavirus will fuel the revolution in employee ownership

More employees will become owners of the companies they work for as firms seek to ensure greater resilience in the wake of the coronavirus crisis, according to Lindsays lawyer Douglas Roberts.

Published 26 June 2020

Handbags outperform whisky, cars and art in luxury sales last year

Luxury and vintage handbags outperformed art, classic cars and rare whisky in auctions and sales last year, according to a report from Art Market Research. 

Published 26 June 2020