News

Places on the first in-person trade mission from Scotland to the USA since the pandemic began have been snapped up in just four weeks as UK businesses look to new markets in the wake of Covid-19.

Bank of Scotland owner Lloyds Banking Group has posted statutory profits after tax of £5.9 billion in 2021. The group has highlighted a 'solid' net income of £15.8bn, up 9% for the year, with an underlying net interest income of £11.2bn. Underlying other income has also increased b

The abrdn UK Smaller Companies Growth Trust plc has announced its half-year results to 31 December 2021, revealing a Net Asset Value of 12.4%. The trust's share price also stood at 10.1%, while its reference index came in at 3.1%.

Business Gateway has helped an automated credit management platform Know-it launch its first product, released in September this year. Know-it is a credit management platform, based in Glasgow, which helps give small businesses the ability to mitigate credit risk, increase cashflow and reduce debtor

Glasgow-based Spider Online has announced it is joining the growing number of employee-owned businesses in Scotland, with all staff being given a stake in the company. Founded by John Campbell and Tony O'Grady in 2004, Spider Online is an award-winning digital agency specialising in website and app

The number of alleged fraud cases reported in the media being heard in Scottish courts rose dramatically last year, according to KPMG UK’s latest Fraud Barometer.

KF Dental, a Leith dental practice, is under new ownership following its acquisition by Clyde Munro Dental Group. KF Dental on East Hermitage Place has become part of the rapidly growing Clyde Munro Dental Group – securing the future for the practice and its team of six.

A ground-breaking research project at Heriot-Watt University is set to be commercialised with £77,600 of funding from Scottish Enterprise’s (SE) High Growth Spinout Programme. The project, which has developed an advanced camera technology with consistent, full colour, HD resolution at mi

A single snowdrop bulb has been sold for £1,850 in an eBay auction.

A bank customer has received a warning after marking payments with references like "Taliban training" and "jihad fee".

Scottish business leaders have welcomed the Scottish Government's plan to remove all remaining Covid restrictions by 21 March. Dr Liz Cameron CBE, chief executive of the Scottish Chambers of Commerce, said: "This is a monumental moment for Scotland’s business community who will be greatly reli

Ken Pattullo and Kenny Craig of Begbies Traynor have been appointed as joint provisional liquidators of Ayr-based Keenan Coaches. The bus and coach business, known as John Keenan & Sons (Darwin Garage) Ltd, had been providing private hire contracts and school transport services since 1977.

Plans to end Covid protections for commercial tenants could trigger a spate of tenant insolvencies, a restructuring expert at Azets has warned. The remaining restrictions on winding up petitions for the pursuit of unpaid commercial rent will be removed from 1 April 2022. The current 14-week irritanc

Scotland's onshore GDP fell by 0.4 per cent in December amid the rise of the Omicron variant, new figures show. Output remained above the pre-pandemic level of February 2020, by 0.1 per cent, according to the latest data from the Chief Statistician.

The UK government has frozen the assets of five Russian banks in response to the escalating conflict between Russia and Ukraine. Part of what has been billed the "first wave" of UK sanctions targeting Russia, foreign secretary Liz Truss said the move would "hit oligarchs and banks close to the Kreml