News

The Scottish labour market continued to recover from the effects of the COVID-19 pandemic in February 2021, according to the latest Royal Bank of Scotland Report on Jobs. Hiring activity rose again, with quicker upturns in both permanent placements and temp billings recorded amid reports that busine

Year on year, Scottish shopper footfall decreased by 69.2% in February, according to the latest Scottish Retail Consortium (SRC) ShopperTrak data.

Finance secretary Kate Forbes has confirmed an extended cut to stamp duty for housebuyers in England will not be matched by the Scottish Government. Chancellor Rishi Sunak used his Budget to announce continued relief for property purchases, but the Scottish finance secretary said the temporary reduc

Robertson has commenced construction work at Heriot-Watt University’s Edinburgh Campus to deliver a £22.4 million National Robotarium.

Banksy has confirmed a painting on the former Reading Prison depicting its most famous inmate Oscar Wilde is his work.  The mural shows a prisoner rappelling down one of the prison's exterior walls using paper from a typewriter as a rope.

KPMG has confirmed that it has signed an unconditional agreement to sell its market-leading UK Restructuring practice to Interpath Advisory, a newly-formed company which is backed by H.I.G. Europe, the European affiliate of H.I.G. Capital, LLC. KPMG listed the division for sale last year because of

Anderson Anderson & Brown (AAB) has announced that partner Brian McMurray will join the firm’s Business Advisory Group in a new role to boost the support it provides to its extensive SME client base. Mr McMurray's new role as business advisory partner follows an unprecedented rise in deman

The Scottish business community has largely welcomed Chancellor Rishi Sunak's 'Budget for recovery' which extended the furlough scheme, froze income tax rates for five years and increased corporation tax to 25%. The Chancellor announced that the increase in corporation tax would not take effect

Dundee-based investment company Alliance Trust increased its total ordinary dividend by 3% in 2020, marking the 54th consecutive annual rise for the firm. The news comes as Alliance Trust posted its annual results for the year ended 31 December 2020.

Glasgow-based ClinSpec Diagnostics Limited (ClinSpec Dx) has reached its round two funding target of £3.5 million by securing an additional investment of £1.1m. The firm which develops liquid biopsies for early detection of cancer has secured the £1.1m investment from Norcliffe Cap

The practice of diversifying investment portfolios is almost as old as investing itself.  Not placing all of your financial eggs in one basket is diversification in a nutshell. It makes perfect, logical sense: spreading your money over numerous equities or securities, spreads the risk. If certa

The Glencadam Distillery in Brechin has seen pre-tax profits soar to £17.5 million in 2020 despite the economic uncertainty caused by the coronavirus pandemic. According to accounts filed by the distillery's owner Angus Dundee Distillers, the pre-tax profits rose from the £12.4m recorded

Midlothian recycling firm NWH Group has acquired the business and assets of J&J Stanley Recycling in Blaydon, Tyne And Wear. The business was acquired for an undisclosed sum and will add approximately £5 million to NWH Group’s annual turnover.

Lanarkshire-based sausage skin maker Devro has published promising annual results after its underlying profits for 2020 increased by 4% to £40.8 million.

The UK new car market declined by 35.5% in February as 28,282 fewer units were registered according to figures published today by the Society of Motor Manufacturers and Traders (SMMT).