News

Scotland's Chief Statistician has released statistics showing that the economy grew by 2.0% during the fourth quarter of 2020, covering the period October to December.

Unity Trust Bank has announced its annual results, including a record 26% rise in net lending and customer deposits (29%). Against a backdrop of historically low-interest rates and economic uncertainty, Unity has maintained its track record of safe and sustainable growth, delivering a strong set of

The Bank of England (BoE) has held interest rates at a record low of 0.1%.  The bank met expectations at the March Monetary Policy Committee (MPC) meeting, with unanimous 9-0 votes both to keep interest rates at 0.10% and the stock of asset purchases at £895 billion.

Economy secretary Fiona Hyslop has announced that a further £70 million will be made available by the Scottish Government to provide more jobs, internships, apprenticeships, training and volunteering opportunities for young people in Scotland.  The extra funding for Young Person&rsqu

Local authorities in Scotland will receive an additional £40 million to support local communities, public finance minister Ivan McKee has confirmed.

Trade minister Ivan McKee has urged the UK Government to provide clarity over the future of green ports in Scotland. The green port model adapts the UK Government’s freeport proposals, offering a package of tax and customs reliefs. Operators and beneficiaries will be required to commit to adop

Officials in Taiwan are urging people to stop changing their name to “salmon” after more than 130 fish-lovers changed their name in order to claim free sushi.

The Scottish economy will get back to pre-pandemic levels in October 2022, according to the latest Economic Commentary by the Fraser of Allander Institute (FAI) at the University of Strathclyde.

The Department for Business, Energy & Industrial Strategy (BEIS) has launched a consultation on wide-ranging reforms to modernise the country’s audit and corporate governance regime. The UK Government's plans for reform could make to easier to reclaim bonuses paid to the executive of faile

Suzi Smith, commercial litigation associate at Shoosmiths in Scotland, discusses the significance of the recent launch of the Business Banking Resolution Service (BBRS) for SMEs. The Business Banking Resolution Service (BBRS), launched on 15 February 2021, is a new dispute resolution service aimed a

Arts organisation Edinburgh Printmakers has secured £959,000 in funding from responsible finance provider Social Investment Scotland (SIS) to support its growth ambitions. Established in 1967 as the first open-access studio in the UK, Edinburgh Printmakers is an arts charity specialising in pr

ScotBio, a fast-growing Scottish biotech business, is expanding its R&D programme thanks to a £100,000 award from Medical Research Scotland.

Scottish PPE firm Alpha Solway is set to create over 300 jobs and apprenticeship opportunities at a new manufacturing centre thanks to a unique multi-million-pound public-private investment partnership with South of Scotland Enterprise (SOSE).

Steven McKay and Graeme McInally, two of the advisory team at Mearns & Company, have moved into new associate director roles. Steven McKay, head of employee benefits, and Graeme McInally, chartered financial planner and planning team leader both stepped into their new roles in January 2021.

Andrew Aldridge, partner at Deepbridge Capital, discusses how investments in life sciences can be appealing to many investors as the COVID-19 vaccinations roll out globally.  The past twelve months have showcased the importance of medical developments like never before. Innovation in the life s