News

The UK Government has announced a new £10 million fund to help the UK's whisky distilleries go green by switching to low carbon fuels such as hydrogen. Eleven distilleries across Scotland and a further six in England will be able to kick-start green innovations thanks to the government backing

According to the Credit Services Association (CSA), UK taxpayers could recover £6 billion in repayments from emergency COVID-19 loans if the government uses debt collection firms to work with borrowers over several years.

In the fourth quarter of 2020, the average property selling price in Edinburgh, the Lothians, Fife and the Borders was £269,542, up 8.1% compared to last year, according to the latest data released by ESPC.

UK banks lent twice as much to small and medium-sized businesses in the first three quarters of 2020 as in the whole of 2019 with gross lending to SMEs reaching £54 billion between January and September. According to UK Finance, over 1.5 million businesses have drawn on government-backed

The number of permanent staff appointments across Scotland continued to decline in December, according to the latest Royal Bank of Scotland Report on Jobs, although the downturn eased noticeably on the month. Meanwhile, temp billings rose markedly again, amid the quickest increase in demand for shor

Well-known forestry specialists have this week launched the GOLDCREST Land & Forestry Group - a new business based in Edinburgh. Surveyors Jon Lambert, Fenning Welstead and Jock Galbraith, who previously worked for John Clegg & Co, have formed a new partnership operating throughout the UK.

Year on year Scottish shopper footfall decreased by 50.2% in December, a 18.9 percentage point increase from November, according to the latest Shoppertrak data released by the Scottish Retail Consortium (SRC).

The Royal Bank of Scotland has issued an urgent scam alert following the new lockdown. The lockdown at the beginning of March saw an increase in scams of 400% according to Action Fraud and Royal Bank is hoping that by alerting customers in advance and further raising awareness of these types of

CessCon Decom has launched its new decommissioning facility at Energy Park Fife, Methil, with the announcement that it has been awarded Scotland’s largest decommissioning contract to date, with the creation of up to 50 jobs.

French police officers narrowly missed being pelted with stolen wine bottles worth hundreds of euros as they pursued thieves in a high-speed motorway chase this week. The burglars allegedly stole hundreds of bottles of Burgundy Grand Crus wines worth an estimated €350,000 from the wine cel

Edinburgh-based investment manager Par Equity has celebrated another successful year in 2020 as it increased its new investment activity to a record £12.4 million. Despite the challenges of a year dominated by COVID-19, the company also continued its run of successful exits, which means it has

Yorsipp, a specialist provider of bespoke SIPP, SSAS and 'At Retirement' pension solutions, has appointed Iain McCallum as its new technical and compliance manager. Mr McCallum is a pensions expert with over two decades of experience in the financial services industry, having served in various capac

Edinburgh-based financial services company Nucleus Financial Group has increased its assets under administration by 8.1% to £17.4 billion in the three months to 31 December 2020. By comparison, the FTSE All-Share Index increased 11.9% on the last quarter and fell by 12.5% year-on-year.

Walker's Shortbread has announced the appointment of Norman Ross as its new finance director following the retirement of Dave Edwards. Norman Ross is currently finance director of Speymalt Whisky Distributors, better known as Gordon & MacPhail.

Dundee-based teamwear specialist Direct Soccer Limited is celebrating the expansion of its warehouse and installation of innovative automated machinery following an investment of over £1.9 million supported by Scottish Enterprise that will also create 25 new jobs. Bryce Gibson and Joyce Gibson