News

White Oak, a non-bank lender supporting SMEs and mid-corporates, has announced a partnership with the Institute of Chartered Accountants of Scotland (ICAS). This new venture will help to expand White Oak’s relationship with the business community, providing ICAS’s 23,000 members, 3,700 C

Wood Group has rejected a fourth cash offer from Apollo Global Management to acquire the entire share capital of Wood.

A young entrepreneur seeking to revolutionise the world of piping was among the winners at the Federation of Small Businesses’ (FSB) Scottish Celebrating Small Business Awards, held yesterday in Glasgow. Engineering student Robbie MacIsaac, 22, won the Young Entrepreneur of the Year prize, bea

Despite the current economic turbulence and inflationary tailwinds, UK SMEs are proving resilient in the face of business challenges and although the outlook remains uncertain, many companies are confident of brighter times ahead for growth and opportunity.

Scotland’s first bank solely dedicated to small and medium sized business lending, AlbaCo, has been granted a banking licence by the UK Prudential Regulatory Authority (PRA) and the Financial Conduct Authority (FCA). Founded in 2018 with its headquarters in Glasgow, Alba was Authorised with Re

In the latest iteration of PwC’s Women in Work Index, Scotland has kept its top three position among the UKs nations and regions. The Index, first launched in 2010, is a weighted average of the five indicators that reflect women’s participation in the labour market and equality in the wo

Alliance Trust PLC has announced its results for the year ended 31 December 2022 posting a Net Asset Value (NAV) total return of -7.1% and declaring a fourth interim dividend of 6.0p per share bringing its full year dividend to 24.0p. This is a 26% increase on the prior year and the 56th consec

A man from Minneapolis has built a huge snow fortress in his back yard and labelled himself a "snow engineer".

Multrees Investor Services, an Edinburgh financial services firm, has won a national award for its approach to supporting and developing its apprentices. Multrees was named winner in the SME Employer of the Year category at the Scottish Apprenticeships Awards last night (8 March).

Aberdeen-based finance advisory Hutcheon Mearns has announced the launch of Hutcheon Mearns Real Estate, a new service line which will provide clients with independent advice and expertise on their commercial property portfolios. It will be headed up by Iain Landsman, who joins the company as direct

Scotland’s fish farms have delivered a £3.3 billion boost to the country’s economy over the last decade, official figures have revealed.

Last month, housing market activity in Scotland remained weak with falls in new buyer demand and listings, however, house prices are still edging upwards according to respondents in the latest RICS (Royal Institution of Chartered Surveyors) Residential Market Survey. 

Mercedes-Benz has announced it is rolling out an upgrade to its pay+ system to allow owners to authorise payments for services using a fingerprint sensor. The fingerprint-based payments upgrade is being introduced in Germany where users can already pay for fuelling directly from their car via the Me

Research from Bank of Scotland found that half (50%) of businesses in Scotland plan to introduce new policies and training to improve inclusivity in the workplace — and more than a quarter (26%) plan to act in the next six months.

Edinburgh-based chartered financial planning and employee benefits consultancy Mearns & Company has completed a successful management buyout.