BCP Technologies has launched Tokenised GBP (tGBP), the first sterling-denominated stablecoin from a UK-registered issuer to go live. The launch on 3 June 2025 follows a testing period within the Financial Conduct Authority's (FCA) Regulated Sandbox.
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Aurora has acquired Encomara, a specialist in floating wind deployment systems and subsea engineering, signalling a significant investment to support the commercialisation of Encomara's flagship SQUID mooring connection technology. Aurora Energy Services CEO, Doug Duguid, said: “Encomara&rsquo
Digital bank OakNorth has provided a £7.5m revolving credit facility (RCF) to Aberdeenshire-based livestock feed manufacturer Harbro.
Broughty Ferry furniture retailer Gillies has reported another "difficult" trading year, with both sales and pre-tax profits declining by over £1 million. For the year ending 31 August 2024, sales fell to £23.3m from £24.6m the previous year, while pre-tax profits dropped significa
Adopting electronic invoicing should be voluntary for both UK businesses and the public sector, according to leading global accountancy body ACCA (the Association of Chartered Certified Accountants). Responding to a HMRC consultation – Electronic invoicing: promoting e-invoicing across UK busi
The personal effects of the late, influential film-maker David Lynch, who passed away in January, are being offered for auction, providing a unique insight into his idiosyncratic world. Over 400 lots, curated by Los Angeles-based Julien's Auctions in collaboration with Turner Classic Movies, are cur
Johnston Carmichael has strengthened its senior team with five promotions, comprising four new partners and one director. These appointments are among 93 promotions announced across the firm this month, underscoring its continued expansion across the UK.
Deloitte has appointed Hazel Gray as its new office senior partner for Aberdeen, as the firm moves to a new office space in the city centre. Ms Gray, a partner in the firm’s Global Investment and Innovation Incentives (Gi3) team, brings vast experience to the role, including ten years ad
Bon Accord Care (BAC) has appointed Sol Taylor as its new interim finance and commercial director. Mr Taylor brings extensive experience in financial leadership from his previous roles as head of finance and brings audit and governance expertise from his 17 years of working as an auditor across vari
Highlands and Islands Enterprise (HIE) is to invest up to £24 million in Kishorn Port, one of Scotland's most strategically important ports. An expanded dry dock and land reclamation are intended to enable the manufacture of floating offshore wind foundations at the western Highland port.
International events firm Humanitix, an Australian ticketing platform renowned for its "good, not greed" philosophy, has selected Edinburgh for its UK base. The company, which dedicates 100% of its booking fee profits to charitable causes, has already donated over £8.5 million globally.
The average selling price of property across Edinburgh, the Lothians, Fife and the Borders during March-May 2025 was £283,335, 3.6% higher than the same time last year. The most expensive region to buy a property was Edinburgh, with an average price of £301,077, while the most affordable
The Scottish Government is facing criticism of an inconsistent policy regarding state funding for defence companies, as Scottish Enterprise, the government's enterprise agency, refuses to provide £2.5 million in funding for a proposed Rolls-Royce welding skills centre in the Glasgow area. A Sc
Caledonian Leisure, operator of Caledonian Travel and UKBreakaways, has acquired the 63-bedroom Dreadnought Hotel in Callander, famously known as the Gateway to the Highlands.
Major accountancy firms are vying to establish a new generation of audits designed to verify the effectiveness and safety of artificial intelligence systems. Deloitte, EY, and PwC have confirmed they are developing AI assurance services, aiming to leverage their established reputations in financial