News

Bank of Scotland owner Lloyds Banking Group has posted £1.9 billion of pre-tax profits for the first quarter of this year, as the group released some of the provisions it had made for potential loan losses after the coronavirus outbreak. The bank released £459m from its cash reserve

Staff and partners from Johnston Carmichael connected their offices across the country by passing a virtual baton from Inverness to Glasgow to take part in Scotland’s Virtual Kiltwalk, raising over £7,500 for Scottish charities.

As restrictions start to ease and the wider economy re-opens across Scotland, a major survey published today by Addleshaw Goddard, highlights that business sentiment has improved since the last quarter of 2020. The latest Addleshaw Goddard Business Monitor report – produced in partnership with

Private equity investment manager Foresight Group has made a £1.25 million growth capital investment under the Scottish Growth Scheme into FURTHER.SPACE Limited, a luxury glamping pod holiday company, providing outdoor premium short breaks in Scotland and Ireland.

Edinburgh-based bank Hampden & Co has reported strong growth in revenue, deposits and loans following what the UK private bank describes as “growing demand from clients for accessible, flexible banking expertise”. Total income for the year to 31st December 2020 increased 18% to &poun

Scotgold Resources, the gold exploration and production company focused on Scotland, suffered a drop in value yesterday after issuing a warning that output in its first year of production at the Cononish Project would be “materially less” than previously anticipated. In a production

Stuart Patrick, chief executive of Glasgow Chamber of Commerce, highlights the need for a plan of action for Scotland's airports in the wake of the coronavirus pandemic. It is common ground amongst the various political parties that the next Scottish Parliament must tackle recovery from the pandemic

One in five retirees has considered riskier pensions and investment products in the search for higher rates of interest, a survey conducted by the Financial Services Compensation Scheme (FSCS) has found.

activpayroll, the global payroll and tax compliance specialist headquartered in Aberdeen, has appointed David Deacon as its chief people officer. Mr Deacon has had a very successful career as a leader in the Human Resources profession and brings over 30 years of international HR experience to t

TSB is launching 19 new pop-up services in communities across Scotland to support customers with their banking needs such as making payments, getting help with products and services, and assistance with bereavements. A trial of the concept will see the first five opening this week in Alford, An

In 2019-20, local government net revenue expenditure in Scotland reached £11,077 million, according to the latest figures released by Scotland's chief statistician.

Label Ventures, the Edinburgh-based startup that connects leading financial services brands to the world's most pioneering creatives and tech teams, is launching a new London base on May 3 as it rolls out its international expansion plans. The London team will be led by Paul Bowman, a founding partn

Soben, a quantity surveying and commercial management consultancy headquartered in East Kilbride, has expanded its operations into the United States. The company’s new US headquarters will be located in Chicago, IL with the newly-hired North America CEO Joe Cusick leading a team of 11 consulta

A man who was found with suitcases full of more than £800,000 in cash at Glasgow airport has been jailed and the money has been seized.

Chartered accountants Gilliland & Company has announced the appointment of Lorraine Findlay as audit and accounting partner. Mr Findlay's appointment brings the number of partners in the Glasgow-based firm to five, as the practice continues to expand.