News

Glenrothes-based accountancy firm Empowered by Cloud has changed its operating model to become a permanent remote operation.  The strategic switch to a 100% remote service came after a refocusing of its business strategy and has seen the Cloud accountancy specialist’s client base dou

Scottish Financial News is surveying readers on their experience of working from home.

Shona Fraser, partner and agricultural business specialist at accountants Chiene + Tait, discusses the importance of the UK Agriculture Bill. The UK Agriculture Bill had its second reading in the House of Lords last week with growing concerns raised about the lack of amendments to protect UK farmers

Private equity funders are likely to focus their investments in infrastructure and technology companies in the short-term until the economic uncertainty caused by coronavirus dissipates, according to a new report from Pinsent Masons. Further opportunities for private equity investment could material

Veteran banker Sir Angus Grossart has nearly doubled his stake in Elgin-based Springfield Properties after buying £1 million of shares from its chairman Sandy Adam. The deal gives Sir Angus, who is the current chair of investment bank Noble Grossart and lobbying firm Charlotte Street Part

The Bank of England (BoE) and The Beano Comics have joined forces to teach school children how to manage their pocket money.  In a new collaboration, the two have launched a 12-lesson course on financial literacy, called Money and Me which will be introduced to Scottish, English and Welsh

A multi-million-pound fund has been set up by the Scottish Government to help the energy sector recover from the dual economic impacts of coronavirus and the oil and gas price crash. The £62 million Energy Transition Fund will support businesses in the oil, gas and energy sectors over the next

The founders of Brewdog are savouring their success after their rejection for funding back in 2008 when they appeared for a screen test for the TV show Dragon's Den. In a post on LinkedIn, James Watt, the co-founder of the business detailed that he and his co-founder Martin Dickie were deemed "

The Sunday Times recently reported that, when confronted with the likelihood of 3.5million job losses if the country doesn’t reopen over the summer, Boris Johnstone apparently responded “Christ”! The UK’s COVID narrative is pivoting to the economic toll, and emergency measur

Grant Thornton has announced that it will be making a series of redundancies, making it the first large UK accountancy firm to issue job cuts during the coronavirus pandemic.The firm's Scottish arm is led by managing partner Andrew Howie and employs 180 staff across its three offices based in Aberde

Scottish companies offering online training and e-learning opportunities are seeing a significant increase in enquiries since coronavirus emergency measures were introduced, according to accountancy and business advisory firm MHA Henderson Loggie. The firm has said that companies offering such

Carluke-based ground maintenance and weed control specialist firm Complete Weed Control, has appointed Kirsty Stewart-Brown as finance director. The firm provides ground maintenance and weed control along motorways, construction sites, parks and other public areas throughout the Central Belt. It als

Go Ape, the UK outdoor adventure company and visitor attraction has secured funding from the Coronavirus Business Interruption Loan Scheme (CBILS) through Clydesdale Bank, owned by Virgin Money, to help it through the economic impact of the coronavirus crisis.

The Scottish Government has announced a £2 million funding package to support town centres and aid the recovery of local communities as coronavirus measures are gradually and carefully eased. The Towns and Business Improvement Districts (BIDs) Resilience and Recovery Fund is open to local

The coronavirus crisis has spurred many Scottish smaller firms to sell more online; to introduce new products and services; and to use digital technologies to better manage their operations, according to research from the Federation of Small Businesses (FSB). A survey of almost 800 Scottish business