News

St Andrews Timber & Building Supplies has upgraded its landscaping division with the purchase of two new vehicles. The expanded fleet will see a Volvo FE 320 Dropside based at its Stenhouse branch in Edinburgh, while a Mercedes Actros 2533 will work out of the firm’s west coast headquarter

STV Group plc has appointed Rufus Radcliffe as chief executive officer, effective from 1 November 2024. Mr Radcliffe joins STV from ITV plc where until April 2024 he was a member of the executive committee and latterly held the position of managing director of streaming, interactive and data, playin

Lloyds Banking Group has announced it is increasing its maximum loan-to-income ratio for first-time buyers from 4.49 to 5.5. Through Lloyds Bank and Halifax, the 'First-time Buyer Boost' is a new step in the group’s efforts to help more customers buy their own homes.

Business confidence in Scotland rose 13 points during August to 64%, according to the latest Business Barometer from Bank of Scotland. Companies in Scotland reported higher confidence in their own business prospects month-on-month, up 21 points at 66%. When taken alongside their optimism in the econ

Police in Brazil have launched a crackdown on claw machines on the basis that their unreliable controls defraud players. While many players believe winning prizes – often stuffed toys – from the machines is a matter of skill, they are actually games of chance, according to authorities in

A group of major shareholders in the PRS REIT, which invests in new-build family homes for the private rental market, have called for the removal of the board chair and a non-executive director.

The Scottish Retail Consortium has called for injecting greater certainty into fiscal plans, spending restraint rather than tax rises, and tax competitiveness as central focus points in the upcoming Scottish Budget. In its Budget submission – entitled Realising The Growth Ambition – sent

Accountancy and advisory firm Azets, which has its largest UK office in Braehead, has agreed to acquire Paisley-based chartered accountancy and wealth manager Milne Craig for an undisclosed sum. The historic Renfrewshire firm was founded over a 100 years ago and has established an excellent reputati

Chivas Brothers, Pernod Ricard's Scotch whisky arm, has posted its 2024 full year results revealing a decline in net sales of -1.6%, but a strong rebound in the second half. The results reflect stabilisation against a record prior year, with a -6% dip in H1 offset by +5% growth in H2. Favourable pri

Edinburgh-based Tweed Wealth Management taken over Glasgow-headquartered Capital Wealth Consultants (CWC). The deal, for an undisclosed sum, sees the Tweed Wealth Management grow to more than 28 staff across four locations.

Web and software development specialist Hybrid Anchor has acquired Edinburgh-based tech support firm Off Canvas in a deal which is expected to create 40 jobs in the next three years. The move comes as the Coatbridge company marks its third year in business, with a variety of key roles set for both t

Unity Trust Bank has posted strong half-year results as it celebrates its 40th anniversary. Net lending increased to £1.032 billion, with 40% of loans allocated to organisations in areas of high deprivation, 57% specifically supporting disadvantaged or marginalised groups, and 59% going to org

Scottish Enterprise delivered record performance during the last fiscal year, having working with over 1,300 companies, aiding with growth and contributing significantly to the country's economic transformation. The national economic development agency secured over 16,700 new and safeguarded jobs, i

Complaints about financial products have increased by 70% year-on-year, reaching 74,645 cases in the first quarter of this fiscal year alone, according to the Financial Ombudsman Service (FOS). This is up from 43,953 complaints reported in the same period in 2023/24.

Scottish technology services company Waracle has appointed David Tuck as its new CEO, effective from early September. Mr Tuck, previously the group chief executive Europe at Kin + Carta, brings 25 years of experience in the tech sector to the role.