News

The UK Government is investing £800,000 in tidal energy pioneer Nova Innovation to develop a low-cost, rapid turbine deployment and recovery solution that could unlock 100GW of tidal energy resources worldwide.

The latest round of funding awards from Marine Fund Scotland (MFS) has seen fishing businesses and marine organisations in coastal communities receive more than £3 million. Around £11 million has been awarded to date across a range of projects, including supporting young fishers to enter

A costume worn by Will Ferrell on the set of the Christmas film Elf is set to be sold at auction today for an estimated £50,000. The costume is the last of three existing outfits worn by the actor and is currently owned by the film's producer, Jon Berg.

Scottish accountancy and business advisory firm William Duncan + Co has acquired Kilmarnock-based chartered accountancy firm IDS & Co, expanding its Ayrshire presence. The 19-strong team lead by Iain Sim will join William Duncan + Co, which already has 75 staff across Ayr, Kilmarnock and Glasgow

Edinburgh-based private bank Hampden & Co has hired Ryan Beattie from Adam & Co as a banking director. Mr Beattie spent over six years with Adam & Co, the NatWest-owned private bank which was restructured this year. He has worked in the banking industry for over 25 years, including roles

Susan Love, strategic engagement lead at ACCA Scotland, writes on the need to support SMEs ahead of this week's Scottish budget announcement. Scotland’s small businesses and those that will consider Scotland as their destination need the right support to navigate the challenges and opportuniti

Carbon capture, utilisation and storage (CCUS) could make a significant contribution to the Scottish economy, according to a new report published by Scottish Enterprise. Scottish Enterprise and the Scottish Government jointly commissioned Element Energy to lead the CCUS economics impacts study - del

Community development group North Yell Development Council (NYDC) is undertaking ambitious developments at Cullivoe Harbour on the island of Yell to help local firms to grow, create new jobs and attract more visitors. With a population of around 200, the north-eastern community has become a dynamic

Model al­lows ten­ants to pay a monthly fee to a third party which gives land­lord writ­ten guar­an­tee in­stead of the cash de­posit, says Fin­lay Camp­bell. For years it’s been the case that where a tenant of commercial premises, especially if they are

Cannabis taxes have been suspended in San Francisco to help legal dispensaries compete with black market drug dealers.

The Bank of England is likely to relax affordability checks for first-time buyers following a review of market restrictions, according to reports. The tighter checks were introduced in 2014 as part of a series of measures aimed at preventing a repeat of the global financial crisis.

A £3 million investment by the Scottish National Investment Bank will see 25 high-quality family homes being built in the Nitshill area of Glasgow after the developer was unable to find finance elsewhere. The Station Wynd site, immediately adjacent to Nitshill train station, is a brownfie

Nearly 20,000 small businesses were wiped out in a single year by the Covid-19 pandemic, with the number of businesses in Scotland now at its lowest level since 2014, the Federation of Small Businesses (FSB) has said. With the estimated number of businesses in Scotland as of March 2021 at 344,505, d

Social and Sustainable Capital (SASC) has invested a further £3.5 million in Homes for Good, Scotland's first social enterprise lettings agency.

Commercial Expert Ltd and Royal Bank of Scotland (RBS) have completed a £237,000 commercial mortgage for an experienced guest house owner looking to expand his business and invest in his own property. The deal was introduced to the commercial finance broker’s Scottish representative, Ken