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Euromillions winner Colin Weir has bought the majority share (55%) of Partick Thistle FC through his Three Black Cats (TBC) company, with the intention of eventually gifting those shares to fans. Mr Weir bought the majority share in the club after he won £161m on the Euromillions. He completed

Techstart Ventures has led a £500,000 funding round of investment into Carbogenics, a University of Edinburgh spin-out that turns difficult-to-recycle paper waste into a carbon product that boosts green energy production. Techstart Ventures is joined in the seed investment round by Old College

A fake £10 note created by Banksy which features the face of the late Princess of Wales has gone on sale online for £600. The Edinburgh-based seller has put the note up for sale alongside a sheet with a note of authenticity.

Social enterprises are a critical part of the rural economy contributing £250 million in the Highlands and Islands and South of Scotland areas, new figures from Highlands and Islands Enterprise (HIE) and South of Scotland Economic Partnership (SoSEP) has revealed. The figures focusing on the i

The Royal Bank of Scotland (RBS) could face a multi-million payout over its refusal to distribute successful payment protection insurance (PPI) mis-selling claims to those who have been insolvent. The potential multi-million-pound payout comes after judges at the Court of Session threw out an appeal

Nationwide Building Society has seen a decline of 40% in profits following a late surge in payment protection insurance (PPI) claims and substantial investment in company infrastructure. Nationwide faced charges of £36 million for PPI compensation as a surge of customers claimed for compensati

The Royal Mint has revealed its newest coin weighing five kilos with a denomination of £5,000.

Cornelian Asset Managers has been sold to Brooks Macdonald for a fee of up to £39 million. It was revealed in a stockmarket announcement, that Brooks Macdonald has acquired 100% of Cornelian's issued share capital from its shareholders, including senior management.

TSB has announced that it will close 82 branches as part of its new strategy.  The closures will reduce the bank's branch network from 540 to 454.

Virgin Money has been hit with a bill of £450m from PPI mis-selling compensation. The bill is expected to deepen the firm's multi-million-pound losses, which will significantly impact its expansion plans.

Retail water supplier Brightwater has appointed former Standard Life Bank employee Carron Henley to its advisory board. Ms Henley will provide guidance and support to the Brightwater’s executive team as it focuses on further growth across the Scottish retail water market.

The SNP has backed interest rate action on credit cards and payday loans. The party has said that the new action would see lower maximum costs on 450,000 payday loans a year.

Barclays has provided a £25 million funding package to whisky producer Isle of Arran Distillers to help the company develop its second distillery on the island in the village of Lagg, which officially opened its doors in June this year. The funding supports the company’s growth stra

Chartered accountants Wylie & Bisset is advising contractors and businesses to prepare for the forthcoming IR35 tax legislation change which many commentators predict will have a significant impact on how many businesses operate. Introduced in 2000, IR35 is an anti-tax avoidance rule that applie

Serbia's finance minister has been urged to resign after a university revealed that he plagiarised parts of his PhD thesis. Belgrade University, which is arguably Serbia's most prestigious university, issued a statement which said that Sinisa Mali "literally took over texts, or entire paragraphs, fr