Scotland's Economy

Scotland's Economy

Scottish companies driving forward the Blockchain revolution

Scotland has worked hard to establish a reputation for being a hub for business in the Financial Technology (or Fintech) sector.

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RBS pushes button on chief digital officer role

RBS pushes button on chief digital officer role

In a sign of the changing times within banking, Royal Bank of Scotland had appointed a chief digital officer.

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A customer uses a 'modest comission' Bitcoin vending machine in a CeX store in Glasgow. Picture: John Devlin

Should I invest in bitcoin or has the bubble burst?

The value of cryptocurrencies can fluctuate wildly but the blockchain technology they utilise is here to stay, writes Chris McCall

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CYBG, which owns Clydesdale Bank, is to takeover Virgin Money

Clydesdale Bank owner seals takeover of Virgin Money

CYBG has reached a takeover deal with Virgin Money that values the bank at £1.7 billion but is likely to lead to more than 1,500 job losses.

Financial

First look: Upmarket revamp set for Waverley Mall

It’s had more name changes than Puff Daddy. But a new vision for Waverley Mall hopes to transform the “gateway to Edinburgh” with plans for a new entrance, rooftop gardens and European piazza-style area.

News 1
Scottish property prices soar ahead  by seven per cent in just three months. Picture: TSPL

Scottish property prices soar ahead by seven per cent in just three months

Scottish property prices are rising at their fastest rate in three years, according to a new study.

Companies 4
Waverley  mall're vamp'plans''Aerial From Scott Monument

Redeveloped Waverley Mall ‘will lure both shoppers and tourists’

Plans to transform Edinburgh’s Waverley Mall reveal a new vision for the “gateway to Edinburgh”, featuring rooftop gardens and European piazza-style area.

Retail 1
Yvette Harrison, Mac Mackie and Kirstin McNutt enjoy ice-creams as temperatures in Scotland rose.

Bank holiday helps Mackie’s ice-cream sales hit record level

Ice cream brand Mackie’s of Scotland has got sales licked – after seeing them reach record levels last month.

Retail
Amanda Boyle says there is an economic prerogative due to the cost to business and the economy of people being absent from work because of weight-related ill health. PIcture: Nicholas Frost

The Big Interview: Amanda Boyle, chief executive of Scottish Slimmers

Early on in Amanda Boyle’s career, her boss at a radio station charged her with organising a charity auction, a task that entailed the considerable duty of filling three days of airtime.

Media & Leisure
Lloyds Banking Group said the changes will result in a "sharper focused" communications department. Picture: Getty

Jobs under threat at Lloyds’ Scottish HQ in Edinburgh

Lloyds is expected to axe positions at its group corporate affairs team in Scotland as part of wider changes across the banking group in response to what it described as a “rapidly changing environment.”

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Experts say we are on the cusp of an AI and blockchain revolution. Picture: Contributed

Hundreds of jobs in pipeline as button pressed on capital AI hub

Scotland’s first artificial intelligence (AI) and blockchain accelerator is to be launched in Edinburgh in a move expected to create almost 400 jobs.

Tech 5
Craig Donnelly, Neil Logan, Jennifer Adams and Stuart Kerr of Incremental. Picture: Stewart Attwood

Tech business bolsters UK reach through takeover deal

Digital technology business Incremental Group has accelerated its expansion drive with a deal to buy a Cheshire-based firm in a move which takes its workforce up to 125.

Tech
A Flybe co-pilot suffered a violent seizure in the cockpit during a flight from Inverness to Jersey. Picture: Contributed

Flybe co-pilot suffered seizure during flight from Inverness

A Flybe co-pilot had to be restrained by a member of cabin crew after suffering a violent seizure in the cockpit, an investigation has revealed.

News

Bus driver seriously hurt in tram crash near Edinburgh Airport

A driver has been taken to hospital with serious injuries after his bus hit a tram near Edinburgh Airport.

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The south rotunda which is home to Cleanship Solutions. Picture: submitted

Glasgow marine engineering firm Cleanship Solutions eyes growth

A company based in an iconic symbol of Glasgow's shipbuilding past is positioning itself for the future by helping  to cut harmful emissions from ships.

Tech 1
The free programme uses a customer's existing debit or credit card to award them points for local purchases

Scottish fintech firm launches cardless rewards programme for town centres

A Scottish fintech firm has launched a consumer rewards programme in Perth which encourages shoppers to spend locally.

Tech
Inverness.

House price rise in Inverness fastest in Scotland

House prices in Inverness have risen further than in any other part of Scotland over the past 20 years, according to research published today.

Companies 1
Graeme Smith of Amazon with Elyssa Ross, winner of Rising Star in 2017. Picture: Contributed

Awards to recognise ‘trailblazing’ women in Scottish tech sector

Scotland Women in Technology has today launched its second national awards scheme with internet giant Amazon revealed as the programme’s headline sponsor.

Tech 1
More houses are being built in Scotland but the level of demand remains high. Picture: PA

Can the number of homes built in Scotland keep pace with demand?

The total number of homes built in Scotland is rising year-on-year but concerns remain that the current rate will not be enough to meet future demand.

Companies 9
Picture: last year's winners

What to expect at this year’s Scottish Home Awards

The 11th annual awards takes place in Edinburgh on the 14 June

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