Joint administrators Ian Wright and Craig Morrison of Quantuma have confirmed that the sale of Dumbarton Football Club to Canadian businessman Mario Lapointe has been finalised.
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Aberdeen-headquartered Roemex, a global specialist in chemical solutions for the energy sector, has completed a management buyout (MBO) that secures its future and paves the way for continued growth. The deal, for an undisclosed sum, marks a significant milestone in the company's 40-year history.
The majority of Scottish firms believe AI adoption will be a key growth driver in the country’s economy, according to Bank of Scotland’s Business Barometer, as many report AI-related increases in productivity and profitability. More than half (52%) of Scotland’s businesses believe
Smaller firms in Scotland saw increased levels of equity investment in 2024 as London became less dominant and the wider UK saw a collective decline, according to new research from the British Business Bank. The bank’s annual Small Business Equity Tracker, published today, showed that equity d
The UK government’s new Modern Industrial Strategy has been met with cautious optimism, as its key aims appear to align with the pressing needs of Scotland's manufacturing sector, according to accountancy firm MHA. Over the weekend, MHA revealed the findings of a survey that asked manufacturin
Edinburgh’s first purpose-built concert hall for 100 years is to benefit from the fortune left by the celebrated Scottish industrialist Andrew Carnegie. The philanthropic foundation Carnegie Corporation of New York has made a $1 million (c. £750,000) grant towards the “design and p
The Institute of Directors (IoD) Scotland has announced the finalists for its 2025 Director of the Year Awards. Among the 41 shortlisted entrants is Gordon Dewar, chief executive of Edinburgh Airport Ltd, Celine Sinclair, chief executive of The Yard, and Ashley Ryan, director at Enable.
Fife-based supplier of artificial flowers and home accessories, Scottish Everlastings, has been acquired by entrepreneur Edd Salter in a deal supported by a £2.3 million funding package from HSBC UK.
Chancellor Rachel Reeves should revisit abandoned proposals from the defunct Office of Tax Simplification (OTS) to simplify the UK’s complicated tax system and unlock greater yield – without further damaging business confidence or deterring investment – according to Azets. In light
French president Emmanuel Macron has called for house music to be recognised by Unesco as part of France's intangible cultural history. It appears to be a direct response to Berlin's techno scene being recognised as part of Germany's national intangible cultural heritage last year.
Harper Macleod has recorded turnover of £43.5 million for the year to 31 March 2025, an increase of nearly 20% compared to the previous 12 months (£36.5m). Headcount across its five offices in Glasgow, Edinburgh, Inverness, Elgin and Lerwick also increased to 466 from 446 in the pr
Canon Medical Research Europe has been awarded £3.6 million from Scottish Enterprise towards a £14m project that uses AI for faster data analysis and aims to improve medical scans with benefits for both patients and health services. The funding was announced at a recent meeting with Pres
Revolut CEO Nik Storonsky stands to gain a multi-billion dollar payout if the fintech company achieves a valuation of approximately $150 billion (c. £112bn), under a pay package similar to Elon Musk's deal with Tesla. Mr Storonsky, who founded Revolut in 2015, currently leads a company valued
The Big Four accountancy firms – Deloitte, EY, KPMG, and PwC – have significantly reduced job opportunities for new graduates and school leavers, while simultaneously cutting existing roles, as the integration of integration of artificial intelligence (ai) increases. Over the past t
Property firm Rettie has opened an Edinburgh South office to service the “jewel in the crown” postcodes of Scotland’s capital. The city’s EH9 and EH10 postcodes are two of Scotland’s top performing housing market, with average house prices nearly 50% more than Edinburgh