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Scotland

Setback for Sunak

Quarter of firms ‘will struggle’ with furlough pay

Malcolm Cannon
Malcolm Cannon: ‘when the support ends in August, jobs will be lost’ A quarter of businesses using the Job Retention Scheme say they will struggle to contribute to furloughed workers’Read More

As Scotland marks big year...

Third of foreign investments under review amid Covid crisis

Berry Burn wind
Norwegian firm Statkraft became owner of Berry Burn windfarm after buying Airvolution More than a third of foreign investors are reviewing their investment plans in the light of the Covid-19Read More

SNP calls for delay

Johnson urged to accept Barnier’s Brexit offer

Michel Barnier
Michel Barnier: ‘open to an extension’ EU negotiator Michael Barnier has stated that the European Union remains open to extending the Brexit transition period as the continent battles with the coronavirusRead More

More help demanded from Hyslop...

Non-EU markets offer hope to food and drink exports

Fine food
Exports are down in the EU but up in some parts of the world Food and drink exports fell by more than £700m (-12.7%) in the first quarter compared toRead More

Bank fund-raising

Hampden raises £7m on path to profitability

Graeme Hartop
Graeme Hartop: continued growth Hampden & Co, the Edinburgh-based private bank, has secured £7 million in additional capital from its four cornerstone investors.  The funding will support balance sheet growth,Read More

Asset deal

M&G buys wrap platform Ascentric from Royal London

John Foley
John Foley: ‘deal strengthens our position’ (pic: Terry Murden) M&G has acquired digital wrap and wealth management platform Ascentric from Royal London. The acquisition will bring £14 billion of assetsRead More

As Scotland plans return to work...

Sunak to unveil changes to furlough scheme

Rishi Sunak
Rishi Sunak: will expect firms to make a contribution Companies will be prevented from putting additional employees into the Government’s furlough scheme as part of plans to get Britain backRead More

Limits on journeys

Train and bus capacity slashed in return to work

walking in Royal Mile
Roads will be closed and more people will be encouraged to walk (pic: Terry Murden) More than a million Scottish commuters will be unable to take their regular daily journeyRead More

Treasury support u-turn

Forbes demands answers on cancelled £60m fund

Kate Forbes new
Kate Forbes: ‘deeply problematic’ (pic: Terry Murden) Scottish Finance Secretary Kate Forbes has demanded the UK Government explain why it has suddenly cancelled a £60 million business support package whichRead More

Top hire for R&D centre

Reid leaves Michelin for top role at NMIS

John Reid
New role: John Reid will lead R&D in manufacturing John Reid, who spent his career with tyre firm Michelin and has been leading the rebirth of its Dundee plant asRead More