William Syson, a former senior figure at the Bank of Scotland, has left the majority of his £12 million fortune to his foundation for art in his will.
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Scottish fintech startup Giftround is proving a big hit for hundreds of parents who are collecting money for teachers' Christmas presents. In an increasingly cashless society and where more teams are spread across different locations or working remotely, GiftRound is changing the way groups collect
St Andrews-based spirits and beer producer Eden Mill has toasted a successful year as the company saw an increase in annual revenues as the company predicts further success in the new year. The company saw total turnover increase by 48% to £8 million in the year to March, with the firm citing
The value of private equity deals in Scotland increased by 5% this year to reach £2.3 billion, according to new research conducted by the Centre for Management Buyout Research (CMBOR).
The real estate sector should gain momentum in 2020 after a Brexit withdrawal agreement is reached, according to CBRE’s UK Real Estate Market Outlook 2020. CBRE forecasts that the UK economy will have a slow start to 2020, before picking up in Q2. It forecasts continued real earnings growth, d
Greencoat UK Wind announced that it has acquired Scottish wind farms Windy Twig and Twentyshilling from Statkraft UK Limited for a combined consideration of £104 million, to be paid on completion. The construction of the wind farms is expected to commence shortly, with the acquisition tar
Sir Andrew Cubie has been appointed to chair the campaign board of The Quaich Project, the public-private partnership to reimagine West Princes Street Gardens, Edinburgh.
The 40 businesses participating in the First Minister’s flagship entrepreneurial development programme Unlocking Ambition have raised a total of £6.5 million since its launch, with the majority gained from external funding. Launched in July 2018, the £4m Unlocking Ambition two-year
Scottish businesses are benefiting from record levels of trade with Japan, as UK exports totalled £14.8 billion in the year to September 2019, up by over 7.6% on the previous 12 months. Latest figures from the Department for International Trade show that Atlantic salmon exports to Japan w
Dundee-based learning and personal development company Insights Group has seen its profits rise by 40% thanks to domestic and international growth. The group saw a 29% increase in turnover to £68.9 million, according to its latest annual accounts.
A Christmas tree made out of toilet brush bristles has been sold at auction for £150.
Amid rising concerns over the levels of problem debt in Scotland, the Scottish Government has revealed plans to create a new debt advice service. This year, Citizens Advice Scotland has issued 100,000 pieces of debt advice to people living in Scotland, whilst more than 600,000 Scots - 14.2% of the p
There is still life in the buy-to-let (BTL) market despite the regulatory and financial changes in recent years, according to Apropos by DJ Alexander. The firm believes that while there has undoubtedly been a number of landlords who have exited the market due to reduced profitability and more string
Callum McInnes of BTO solicitors discusses the pros and cons of bridging finance. Over the past five years or so, mainstream lenders have cut back and in many cases withdrawn lending altogether. This has made way for an alternative form of funding in the form of bridging finance.
Dundee's local economy received a boost this weekend after 100,000 people headed to the Overgate Shopping Centre this past weekend.