News

The Alcoholic Water Company Ltd has secured a six-figure investment from Scotmid Coop and Scottish Enterprise. Launched in 2019, the company is a collaboration between Craig Strachan and Hannah Fisher, the founders of Glasgow-based innovation facility the Start-Up Drinks Lab and Drew Shannon an

Turnover at Aberdeen-headquartered John Clark Motor Group dropped by almost £100 million as a result of a decline in sales caused by the COVID-19 pandemic. Total sales slumped to £721.8m, a drop of 12% from £820.8m reported in 2019.

International real estate adviser Savills has completed its Aberdeen office move to 37 Albyn Place, the former KPMG offices, which have been extensively refurbished to provide modern, high quality and sustainable office accommodation. The move allows Savills to accommodate all staff on a single floo

Santander's business loan scheme has passed the £1 billion lending mark, providing finance to 180 companies.

Strategic real estate advisor Avison Young has released its latest quarterly Big Nine office market update, revealing that Glasgow and Edinburgh city centre offices have experienced the highest take up in over 18 months. Total take-up during Q2 in Glasgow city centre was 142,821 sq ft – down 1

The Financial Conduct Authority (FCA) has launched a consultation on proposals to improve transparency for investors on the diversity of listed company boards and their executive management teams. The FCA is consulting on changes to its Listing Rules to require listed companies to publish annually:

A collector in Germany has lost a legal battle to reclaim Hitler's monumental horses that once stood outside the Reich Chancellery. The bronze statues, which each weigh two tonnes, were made by Austrian sculptor Josef Thorak. They disappeared from a Soviet barracks in 1989 before being found in 2015

Like the rest of the UK, Scotland is continuing to see a marked rise in early signs of insolvency year on year according to the latest Red Flag Alert data published today by business rescue and recovery specialist Begbies Traynor. However, it is feared that the scale of business distress is largely

Glasgow's famous Lorne Hotel has been put up for sale as administrators from Interpath Advisory take steps to wind up Bellhill Limited - the hotel's owners. Thirty staff were made redundant in May when joint administrators Blair Nimmo and Alistair Macalinden were appointed to Bellhill Limited.

Matthew Gregory, the chief executive of bus and rail firm FirstGroup has announced that he will step down from the role in September this year, The news arrives amid mounting investor criticism over the sale of two North American businesses completed earlier this year.

A new report conducted by Edinburgh-based accountancy and finance executive recruitment firm Ceres Resourcing has revealed a sense of optimism amongst finance leaders, both for their respective organisations and for the overall economic outlook for the country. The Scottish Accountancy & Fi

Katy Wedderburn, head of MacRoberts LLP's employment team, discusses the UK Government's proposal to introduce a mandatory duty on employers to prevent sexual harassment. The UK has had legislation making sexual harassment unlawful towards employees, workers carrying out work personally and job appl

Barclays has posted its half-year results revealing a profit before tax of £5.0 billion, compared to the £1.3bn reported at the same time last year. The bank has reported an attributable profit of £3.8bn, against last years figure of £0.7bn.

According to Savills, total investment into Scottish commercial property during H121 reached over £770 million, reflecting a 62% increase on the figure recorded for the same time period last year. In addition, the international real estate advisor notes that with a further £490m currentl

As central banks race to pilot ‘national digital currencies’, Luke Bartholomew, senior monetary economist at Aberdeen Standard Investments (ASI) discusses the implications and asks, will we see a UK ‘Britcoin’? Some of the best economic and banking brainpower is currently bei