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Start of construction for Dundee’s waterfront


A “ground-breaking” ceremony on the V&A Museum of Design Dundee’s waterfront site marked the formal start of construction work today (March 5).   Renowned Japanese architect Kengo Kuma joined with Fiona Hyslop, Cabinet Secretary for Culture, Europe and External Affairs, and representatives of V&A Dundee, Dundee City Council and BAM Construction for a short sod […]

March 5th, 2015 | Posted in Business | Read More »

Fairtrade signs put up around Edinburgh


New signs have been put up at key gateway points in Edinburgh to highlight the city’s fair trade credentials. Coinciding with Fairtrade Fortnight 2015, 15 signs bearing the universal Fairtrade logo and the words ‘We are a Fairtrade city’ are being put up around the outskirts of Edinburgh.     Transport Convener and former Lord […]

March 4th, 2015 | Posted in Business | Read More »

Edinburgh Airport’s Gordon Dewar named Director of the Year

The Chief Executive of Edinburgh Airport has been named Director of the Year at the annual Edinburgh Chamber of Commerce Business Awards. Gordon Dewar was up against competition from the likes of Edinburgh Trams, Bauer Media Academy and Law at Work.     Last year was the airport’s busiest ever in terms of passenger numbers, […]

March 4th, 2015 | Posted in Business | Read More »

YMCA urges UK’s next government to help boost youth employment

THE YMCA is challenging the next UK government to remove some of the barriers which prevent youngsters get into work. Central YMCA, which supports young people into work through its national YMCA Training operation, has launched a roadmap of eight key recommendations. Its Pathways Into Employment Manifesto 2015 calls for a full review of the […]

March 2nd, 2015 | Posted in Business | Read More »

Chinese restaurant chain Chop Chop opens its first Glasgow eaterie

CHINESE restaurant Chop Chop has opened its first branch in Glasgow. Chop Chop specialises in serving up dishes from the north-east of China compared with the predominantly Hong Kong cuisine of most restaurants in the sector. The Glasgow restaurant, in Mitchell Street, features an “an outdoor design, transporting guests to a park in China with […]

March 2nd, 2015 | Posted in Business | Read More »

Top legal firm agrees rugby sponsorship deal with leading Edinburgh private school

GG Merch

ONE of Scotland’s largest legal firms has agreed a four year sponsorship deal with a top Edinburgh private school.   The Edinburgh and Glasgow based firm, Gilson Gray, has agreed a four year sponsorship deal with Merchiston Castle Rugby, to help increase its’ brand awareness.   The firm launched last year, have intentionally targeted the […]

February 20th, 2015 | Posted in Business | Read More »

23,000 Scots take aim at London millionaire tax-dodgers


MILLIONAIRE executives have dodged up to £700 million in tax each year thanks to a loophole which has given some a lower overall tax rate than many nurses and teachers.   The loophole has allowed executives at private-equity firms to reduce their tax bill from 40 to 40% to as low as just 28% because […]

February 19th, 2015 | Posted in Business,Scottish News,UK & World | Read More »

Edinburgh Airport reports strong passenger growth in January

Around 140,000 passengers are predicted to use Edinburgh over the weekend

FOLLOWING a record breaking year Edinburgh Airport, has started off 2015 with strong passenger growth.   Passenger figures were up 7% in January this year compared to last year with a total of 628,285 people travelling through the airport The increase was helped by a significant rises in both domestic and international traffic due to […]

February 11th, 2015 | Posted in Business | Read More »

Small businesses need to be ready for pensions auto-enrolment

Coins for Hollyrood PR

Scottish small businesses are being advised to prepare themselves for the implamentation of legislation which will require all business to enrol their workforce into a pension scheme.   The legislation came into effect in 2012 and has been phased over a 5 ½ years.   Larger companies were rquired to bring the scheme in earlier, […]

February 10th, 2015 | Posted in Business | Read More »

Private sector business activity contracts in January

The headquarters of the Bank of Scotland in Edinburgh. Pic: Kim Traynor

Business activity in Scotland’s private sector economy fell at the start of 2015, the January PMI report from Bank of Scotland showed.   Severe bad weather was reported to have contributed to the stagnation which affected both new businesses and employment.   The measurements were taken in the form of PMI (Purchasing Managers’ Indices)- a […]

February 9th, 2015 | Posted in Business | Read More »

Half of all Scottish businesses are based at home, FSB study reveals


A Federation of Small Businesses’ (FSB) report has revealed that half of all Scottish businesses are based in the home and turn over £19.7 billion a year.   The report was conducted by Professor Colin Mason from Adam Smith Business School at the University of Glasgow and Dr Darja Reuschke of the University of St […]

February 6th, 2015 | Posted in Business | Read More »

New images of Edinburgh’s £200m Haymarket development released

The Haymarket 2

NEW images of Edinburgh’s £200 million office development at Haymarket have been released as businesses sign up to move in.   Progress on the development has, so far focused on strengthening works on the Victorian railway tunnels running beneath the site however construction activity has now started above ground, with the first buildings’ phase earmarked […]

February 4th, 2015 | Posted in Business | Read More »

Top accountant warns of insolvency increase in Scottish companies

A TOP insolvency accountant has revealed that Scottish corporate failures last year increased significantly from the previous year.   Matt Henderson, Head of Restructuring at Johnston Carmichael Chartered Accountants analysed the most recent insolvency statistics and found that Scottish corporate failures over 2014 increased by 6.2% compared to 2013.   Commenting on the figures, Matt […]

January 29th, 2015 | Posted in Business | Read More »

Glasgow Uni developing new ultra-fast wireless transfer technology


The UNIVERSITY OF GLASGOW is leading a new European Commission-funded project to develop a novel form of ultra-fast wireless data transfer.   The project is titled‘Innovative ultra-BROadband ubiquitous Wireless communications through terahertz transceivers’ (iBROW) and has received €4M (£3.1M) in support from the European Commission’s Horizon 2020 initiative.   Glasgow will lead the project which […]

January 28th, 2015 | Posted in Business | Read More »

Top accountant urges: Beware of the recovery, not the recession


A RESTRUCTURING expert at one of Scotland’s top chartered accountancy firms has warned companies of being complacent during economic recovery.   Matt Henderson, Head of Restructuring at Johnston Carmichael Chartered Accountants, is encouraging companies to make sure they are prepared to survive the economic recovery period.   Matt believes that an improving economy during 2015 […]

January 23rd, 2015 | Posted in Business | Read More »

Vauxhall top UK car manufacturer sales in 2014


Vauxhall was the number biggest-selling car manufacturer in Scotland last year.   The British company, whose headquarters are in Luton, attributed much of the success to the finance options available such as the personal contract payments (PCPs).   The outgoing Vauxhall Corsa was the best selling vehicle in Scotland at retail with over 10,000 sold. […]

January 23rd, 2015 | Posted in Business | Read More »

Prime Minister welcomes new £50m airside investment at Edinburgh Airport

Around 140,000 passengers are predicted to use Edinburgh over the weekend

EDINBURGH AIRPORT has received a new £50 million investment which will triple the capacity for long-haul flights from the airport.   The plans will see an extensive redevelopment of the airport’s immigration and baggage reclaim facilities with a second immigration hall and baggage reclaim area created and extensive construction of new aircraft stands and air […]

January 22nd, 2015 | Posted in Business,Politics | Read More »

Edinburgh offices sold for record breaking sum

Port Hamilton 1

THE LARGEST ever transaction for offices in Edinburgh has been set after a property was sold for more than £100 million.   The Scottish Widows Headquarters at Port Hamilton in Edinburgh was sold for around £105 million, making it the largest ever office transaction in Edinburgh.   The 271,637 square feet building is located in […]

January 21st, 2015 | Posted in Business,Local News | Read More »

Aberdeen set to become one of the best digitally connected cities in the world

Graeme Gordon, IFB

ABERDEEN businesses will soon benefit from working within one of the best digitally connected cities in the world thanks to a partnership between a leading fibre-optic infrastructure provider and internet service provider.   Internet service provider Internet for Business (IFB) have partnered with fibre-optic infrastructure provider CityFibre in a move which will allow businesses to […]

January 21st, 2015 | Posted in Business | Read More »

Entrepreneurs offered specialist tax advice to help their businesses


SCOTS entrepreneurs looking for investment are being offered access to high-level, specialist tax advice from a new partner at a leading accountancy firm.   Neil Norman at Edinburgh based Chiene + Tait, says tax reliefs can help entrepreneurs obtain money to invest in their businesses through helping ‘business angels’ minimise their exposure to investment risk.   […]

January 14th, 2015 | Posted in Business | Read More »

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