News

A new chair and three new non-executive board members have been appointed to the Insolvency Service Board, providing strategic leadership to the agency. Incoming chair, Mark Austen, will be joined by Gary Kildare, Samantha Durrant and Rob Hunt on the Insolvency Service Board.

CBI Scotland is calling on the UK and Scottish governments to provide greater clarity on the future direction of social distancing guidelines as businesses emerge from lockdown. Current social distancing guidelines mean only two-thirds (68%) of staff can physically work on premises &a

The forgery of official documents by monks was rife in medieval England according to a new study conducted by academics.

Alison Rose, the CEO of NatWest Group, has confirmed that the bank would move its registered headquarters to London if Scotland became independent. Ms Rose told The Herald yesterday that the Royal Bank of Scotland owner has “always been very clear” that its balance sheet would be “

EY is giving thousands of its UK staff a share of a £20 million bonus pot after the Big Four firm saw a better than expected revenue bounce-back from the coronavirus crisis. It has been reported that EY is to award an average £1,100 one-off payout to 17,500 its employees for their hard w

Lyn Calder, managing partner, Edinburgh and head of family business at Anderson Anderson & Brown (AAB), discusses the importance of succession planning for family businesses.  Family businesses come in all sorts of guises, with varying internal challenges and external market forces.

Scottish start-up QuickBlock has received more than £250,000 in seed funding that will create four skilled jobs and accelerate growth of the company’s unique rapid-assembly building blocks made from 100% recycled plastic into new markets. The investment from Equity Gap and Scottish Enter

Some of Scotland’s leading entrepreneurs have committed an additional £1 million of grants and loans to Scottish EDGE, the UK’s biggest funding competition for potential high growth businesses. Entrepreneurs supporting the initiative include Sir Tom Hunter, Kevin Dorren, Sir Brian

Dyce-based engineering, machining and fabrication firm Woollard & Henry, has welcomed a £1 million funding package from the Royal Bank of Scotland to support operations throughout the ongoing COVID-19 pandemic. With an international client portfolio predominantly across the tech, energy an

The goodwill, work-in-progress and certain assets of historic Scottish law firm McClure Solicitors have been acquired by fast-growing legal practice Jones Whyte LLP. The transaction sees the existing partners and staff, comprising 84 people, transferring to Glasgow-based Jones Whyte with immediate e

Business confidence in Scotland rose 11 points during April to 9%, the first positive reading since February 2020, according to the latest Business Barometer from Bank of Scotland Commercial Banking.

Annual house price growth rebounded to 7.1% in April, from 5.7% in March, according to Nationwide's latest House Price Index.

Exscientia, a University of Dundee spin-out, has completed a $225 million Series D funding round. SoftBank Vision Fund 2i led the Series D and was joined by previous round lead investors, Novo Holdings and funds managed by Blackrock.

Scottish shop vacancies have reached a six year high, according to the latest figures released by the Scottish Retail Consortium (SRC) and the Local Data Company (LDC).

Barclays has revealed that its profits for the first quarter of this year have more than doubled from last year to £2.4 billion. In the first three months of 2020, Barclays's profits stood at £0.9bn.