News

Glasgow auction house McTear's is scheduled to auction a 1960s Austin J40 pedal car, which is expected to fetch over £5,000.

New research has highlighted the immense challenge the UK travel sector faces from failed payment transactions. Edinburgh-based payment orchestration firm, BR-DGE, has analysed data from Office for National Statistics revealing that airlines and outbound travel agents are at risk of losing £5.

Aberdeen-based firm Bespoke Decorators has collapsed - 15 jobs have been lost as a result. Begbies Traynor has been appointed liquidator. The firm had to cease trading due to cashflow issues from a build-up of bad debts and delayed payment from customers. It has been reported that the firm closed ow

The government has published legislation confirming that low earners who save through a Net Pay Arrangement (NPA) will get the same level of government top-up as those who use Relief at Source schemes. Under the new legislation, 1.2 million low earners to see a boost to their take-home pay from 2025

Accredited lenders have offered over £229 million to smaller businesses in Scotland, through the Recovery Loan Scheme, as they steer a path towards a sustainable recovery, announced the British Business Bank.   Of the £229.7m of total funding offered th

One hundred homeowners in Scotland paid £84,000 on average to buy property in Scotland in June according to analysis of the latest statistics by property firm DJ Alexander Ltd, part of the Lomond Group. The firm said that the Scottish Government received £8.4m during June alone from 100

A Freedom of Information request to the British Business Bank by Purbeck Personal Guarantee Insurance, has revealed that one in ten firms who borrowed money under the Bounce Back Loan Scheme (BBLS) are in arrears by over ninety days, with £29.357 owed in total.

ScotlandIS is launching a Cyber Showcase to connect the Scottish cyber industry to prospective investors from across the UK. The event follows the latest ScotlandIS cluster audit, which reveals that the number of cyber companies operating in Scotland has grown more than 25% in recent months.

Paisley-based specialist child and youth care charity Kibble, has received £34,586 of funding from Nationwide to support and prepare those in, or working towards, independent living. The Nationwide Community Grants funded programme is helping prepare young people for independent living, and su

Seven new business units are to be developed at Eabhal Business Park in Balivanich, Benbecula, in the Outer Hebrides.

Little Potters, a family-run pottery painting studio based in Boddam, has successfully enhanced its offering and increased its customer base after recieving support, advice, and signposting to funding worth £10,000 from Business Gateway. The company offers a range of pottery that caters for al

Discerning thieves who allegedly stole 45 bottles of wine worth €1.6 million from a high-class restaurant have been arrested after a nine-month hunt. The couple, who have not been named, were apprehended in Croatia in connection with the lucrative heist from Spanish hotel and restaurant Atrio,

The Financial Reporting Council (FRC) has today published its annual inspection and supervision results of the largest audit firms (BDO, Deloitte, EY, Grant Thornton, KPMG, Mazars and PwC). Overall, 75% of audits inspected were good or required limited improvement (compared to 71% in 2021 and 67% in

FRP Advisory partners Callum Carmichael and Chad Griffin have been appointed joint provisional liquidators of Dalkeith-based Terry Healy Group, an all-trades building and home improvements business. The provisional liquidation has been caused by unsustainable cash flow problems stemming fr

Clydesdale Bank owner Virgin Money has informed the majority of its staff that they will receive a one-off payment of £1000 in their August pay to help ease their financial pressures in light of the rising cost of living.