News

Tartan Commercial, the company behind the highly successful The Lighthouse business centre in North Berwick, has expanded its portfolio by acquiring the Falkirk Business Hub. The £1.925 million acquisition from Bellair Scotland will see Tartan Commercial retain all the employees at the hub as

Forth Ports has welcomed £11.7 million in UK government funding for new and enlarged border infrastructure at its key import/export hubs, including Grangemouth. Contractors are on site and the new border inspection facilities at Grangemouth and the two Tilbury sites in England are set to be ap

Business leaders should choose long-term viability over short-term profit in the recovery from the Covid-19 pandemic, the global finance chief of ACCA (the Association of Chartered Certified Accountants) has said. Raymond Jack, who is based at ACCA's Glasgow office, told an online summit attended by

Scottish mid-market business leaders are bullish about the impact of Brexit, according to new research from business and financial adviser Grant Thornton UK LLP. The company's research finds that roughly a quarter (24%) of Scottish mid-market business leaders do not expect Brexit to have any impact

The next intake of MSPs must deliver new laws designed to help Scotland’s local and independent firms recover from this year’s crisis, according to the Federation of Small Businesses (FSB). FSB has highlighted that these firms now carry more than £2.4 billion of COVID-19 debt.

Richard Dunbar, head of multi-asset research at Aberdeen Standard Investments, provides the company's 2021 outlook commentary. The prospect of a number of effective vaccines being rolled out through 2021 offers an ‘escape hatch’ out of the pandemic and its economic effects. This leaves u

The Financial Conduct Authority (FCA) has established a Temporary Registration Regime to allow existing cryptoasset firms, who have applied to be registered with the FCA, to continue trading. The FCA is advising customers of cryptoasset firms which should have applied to the FCA, but have not done s

A mayor has mocked a fine imposed on authorities for appointing too many women.

Accountancy firm Mazars has repaid the £1.1 million of furlough money it received from the UK Government at the start of the coronavirus crisis. Mazars, which is the UK's ninth largest accountancy firm with over 2,250 employees, repaid the money on Monday.

Direct Soccer, a Dundee-based sports kit and equipment retailer, has built a state-of-the-art automated warehouse as part of ambitious growth plans, thanks to a six-figure funding package from Bank of Scotland. Trading online since 2002, Direct Soccer sells personalised football team kits, training

Jenny Healy, director of accounts and audit, based in the Saffery Champness Edinburgh office and a member of the firm’s Landed Estates and Rural Business Group, discusses the growing pressure on the UK Government to introduce a new wealth tax. After a year of much needed support from the Chan

Aberdeen-based accountancy firm Hall Morrice has gifted £1,000 each to Maggies, CLAN Cancer Care and Mental Health Aberdeen (MHA) in lieu of Hall Morrice sending client cards and gifts this year. Mike Innes, Hall Morrice business development director, explained: “Last year we decided to

Shoe retailer Schuh has secured a £19 million finance facility with Bank of Scotland owner Lloyds Banking Group. The funding has been secured through the Treasury's coronavirus large business interruption loan scheme (CLBILS).

The TOC Property Backed Lending Trust PLC (PBLT) has announced the completion of a £3.8 million transaction to develop a new environmentally advanced crematorium complex on the outskirts of Glasgow. Managed by Tier One Capital Ltd, PBLT is providing a three-year debt facility to develop the co

The retail sales downturn continued in November, falling further into decline with 10.2% on a Total basis, according to the latest Scottish Retail Consortium (SRC) and KPMG Scottish Retail Sales Monitor.