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Mackie’s of Scotland has appointed Stuart Common as managing director, as Mac Mackie steps down from the role and takes up his new position as executive chairman. Mr Common, 36, has secured the role after working at the family business for more than 16 years at the Aberdeenshire firm, lat

Three former lawyers and two other men who masterminded a £1.48 million bank and property money-laundering operation have been jailed for a total of 30 years and four months.

Edinburgh-based Par Equity has invested £38 million in early-stage technology businesses across the north of the UK in 2022, up from £25m in 2021, backing 27 companies in 2022, of which ten were new additions to the portfolio. One of the highlights of the year was the sale of Optoscribe,

The November 26 incident, which took place on a flight from New York to New Delhi, has landed Shankar Mishra in hot water.

University projects from Edinburgh and Aberdeen have each secured £75,000 in funding from Scottish Enterprise’s high growth spin-out programme (HGSP) to support renewable energy. An innovative project from the University of Edinburgh that is developing heat exchange technology for marine

Sixco Limited, the Glasgow-based group behind the Six by Nico restaurant network, has revealed improved turnover and profits, together with ambitious growth plans, as it bounces back from Covid restrictions. The group, which serves over 10,000 diners per week across 13 sites in the UK and Ireland, r

The Securities and Exchange Commission (SEC) has charged Caroline Ellison, the former CEO of Alameda Research, and Zixiao (Gary) Wang, the former CTO of FTX Trading Ltd. (FTX), for their roles in a multiyear scheme to defraud equity investors in FTX, the crypto trading platform co-founded by Samuel

Scottish Enterprise’s support is forecast to generate £709.74 million of Scottish innovation expenditure. The agency approved £120m in grant funding and equity investment for innovation activities in the 2021-22 financial year, which is now calculated to deliver a further £50

A pair of identical twins accused of cheating in a university exam have won a €1.5 million defamation payout after arguing their genetic similarity played a decisive role in their similar answers. Kayla and Kellie Bingham were accused of "academic dishonesty" in 2016 following an eight-hour exa

Cushman & Wakefield has announced that Stuart Dorward will step down as Scotland regional managing partner and pass responsibilities to Murray Strang. After 10 years leading the firm in Scotland, the change will see Mr Dorward dedicate more time to clients and leading the firm’s

A solicitor who swindled American investors out of $16 million (£13m) while acting for them in the purchase of the iconic Taymouth Castle in Perthshire, where Queen Victoria spent her honeymoon, has been sentenced to 12 years in jail — a term believed to be a new record for a lawyer

Alba Equity revealed that its members have now invested over £2 million in Scottish companies in three years. Investments by Alba Equity, since it was formed in 2019 by John Duncan and Jock Gardiner, have leveraged a further £40m in investment through their co-investment partnership with

A quarter of small firms (24%) plan to close, downsize, or radically change their business model if the government reduces energy support post-March next year, according to a new Federation of Small Businesses (FSB) energy survey published this week. The survey, which measured the impact of the ener

In a five part series for Scottish Financial News this week, BTO partner Cat MacLean tells the story of an epic legal battle with the Clydesdale Bank. She explains the reality of litigating against a huge opponent with bottomless pockets, the cost and funding of litigation and the need to find

Accounting and business advisory firm Wylie & Bisset has advised that the development of ‘patient capital’, together with ‘buy and build’ and ‘hub and spoke’ investment models, are making SMEs more attractive for private equity firms. Last year saw £895