News

Royal London has paid out £8.5 million in claims to the families of more than 1,200 customers whose deaths were caused by the coronavirus. The firm, which employs 1,561 people in Scotland, reported an interim loss of £181m after a £397m profit at the same time last year.

Perthshire-based mineral exploration firms Erris Resources and Green Ore plc saw shares soar yesterday after an activity update and sample analysis presented promising results. Last December, Erris Resources and Green Ore plc entered into an option agreement to explore for gold and associated base m

A round-up of business news from across Scotland featuring: Scottish adventurer David Scott's business expansion, Diageo's sustainability and responsibility achievements, Eco's new contactless system for hospitality, EZ Bike Tours launch in Edinburgh, Seas the Catch's expansion i

Scotland's unemployment rate increased by 0.4 percentage points to 4.5% from April to June this year, according to the latest Labour Market Statistics from the Office for National Statistics. The data also revealed that the proportion of people aged 16-64 in work decreased over the quarter by 0.4 pe

Thousands of SMEs across Scotland are set to benefit from vital free support after economy secretary Fiona Hyslop announced that it was trebling funding for Business Gateway’s DigitalBoost skills programme.

The Association of Chartered Certified Accountants (ACCA) has joined forces with Chartered Accountants Australia and New Zealand (CA ANZ) to launch the report Careers in small medium-sized accountancy practices. The report focuses on talent, attraction, development and retention withi

Economy secretary Fiona Hyslop has announced a £10 million package of measures to recruit and retain apprentices, including additional funding for the Scottish Government’s Adopt an Apprentice programme.

The family of Benito Mussolini have sparked controversy after demanding that the fascist's crypt be turned into a national monument.

Two of Edinburgh's fastest growing accountancy firms, Steedman & Company and Scotia Accounting, have merged in a deal which will see the new group increase in size by around 25%. The two will continue to operate under the Steedman & Company name.

Alba Bank, the Glasgow-based challenger bank, is set to launch into the SME business market next year after a multi-million-pound funding round. By the end of next month, the bank expects to receive a restricted licence to accept deposits from the Prudential Regulation Authority which will allow it

Highland property developer Allan Munro Construction is set to launch the first five units of a 38-plot development despite months of disruption caused by the coronavirus pandemic, thanks to a six-figure funding package from Bank of Scotland. Allan Munro Construction is a family-owned business that

Glasgow-based Shawbrook Bank has set aside £45.8 million of provisions to provide for potential future loan impairments caused by the coronavirus pandemic. The bank has today published its half-year financial results for the period ending 30 June 2020 revealing that Shawbrook Bank also granted

NatWest Group is to get rid of several top bankers as part of a dramatic overhaul of its investment bank, Natwest Markets as chief executive Alison Rose attempts to cut ties with the bank's past. The bank formerly known as Royal Bank of Scotland, majoratively-owned by taxpayers, is expected to tell

Scottish thermal storage company Sunamp has raised £4.5 million in a Series A financing round led by Chilean venture capital firm Aurus Capital. Aurus Capital is one of the largest in Latin America with a specialisation in Industrial-Tech & Impact investments. The Scottish Investment Bank

Watchstone Group is suing Big Four accountancy firm PwC for at least £63 million over allegations that a senior employee at the firm disclosed confidential information about a client to an investment banker working on a deal. Watchstone Group revealed on Friday that it had served a claim in th