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David Meldrum, director within Azets' Scottish restructuring and insolvency team, has recently obtained his insolvency licence from ICAS, becoming the firm's third practitioner to be licensed in Scotland. Mr Meldrum, who has been working in the Scottish insolvency market for 17 years, joined Azets i

DITT Construction Ltd, a Shetland-based construction company, has transferred its entire shareholding to an employee ownership trust (EOT).

The US audit regulator, the Public Company Accounting Oversight Board (PCAOB), has fined KPMG Netherlands a record $25 million (around £20m) after it found that hundreds of the firm's staff, including senior partners and managers, cheated on professional exams.

The appointment of Scottish Enterprise’s interim chair Willie Mackie has been extended for him to continue in the role until 31 December 2024. This will ensure continuity while a further appointment round is run for a chair to succeed Lord Smith, who stood down in July 2022. The job descriptio

Dundee FC has reported a loss of £2.8 million for the year ending 31 May 2023 as turnover fell £1.7m.

Glasgow-based Intelligent Capital has been acquired through Canaccord Genuity Group's wealth management business in the UK. Professionals of Intelligent Capital will begin to operate under the Adam & Company brand, an Edinburgh-based wealth management firm once owned by RBS and acquired by Canac

Scottish startup Clyde Hydrogen Systems has completed a £1 million pre-seed funding round, marking a significant milestone in its mission to revolutionise the hydrogen energy sector.

Moira Gordon discusses how the Aberdeen City Council's decision to scrap Empty Rates Relief (ERR) to address budget shortfalls may have unintended consequences for businesses across Scotland, as it could negatively impact investor appetite for the city and widen the gap with England's favourable bus

RBS-owner NatWest has been criticised for paying its new chief executive, Paul Thwaite, a salary of £1.2 million despite his "limited experience" as a lead executive. Advisory firm Institutional Shareholder Services (ISS) warned that Mr Thwaite's salary would be the same as that of his predece

Greenock credit union Tail O’ The Bank (TOTB CU) has completed a successful merger with Right Way Credit Union, a well-established community credit union based in Renfrewshire. The move comes after TOTB CU board of directors and members approved the changes in September 2023.

Scottish biopharmaceutical firm EnteroBiotix has raised over £27 million from new and existing investors, positioning it to expand and accelerate its pioneering work in developing microbiome medicines. The £27m financing includes new equity of £6m from the Scottish National Investm

Scottish and UK government officials are in the US this week to promote Scotland to North America as a place to live, work, study and do business. New York's annual Tartan Week festivities begin today, culminating in the annual Tartan Day Parade on Saturday.

Women angel investment group Mint Ventures hosted the ‘Women Backing Women Investment Summit Scotland’ event at the Royal Bank of Scotland headquarters in Edinburgh last week. The event was hosted in collaboration with UKBAA to inspire and empower more women to become angel investors and

Glasgow-based business software solutions firm Cofficient has announced its transition to an employee-owned company. By placing ownership directly in the hands of employees, Cofficient aims to foster an environment that fuels innovation and exceptional client service. The dedicated team, now with a

Business confidence in Scotland fell significantly in March, according to Bank of Scotland Commercial Banking. The bank's latest Business Barometer showed the overall confidence level dropped 15 points to 41%, with companies reporting lower optimism in their own business prospects, down 10 poin