News

Lloyds Banking Group has announced that it will award £35,000 to almost 200 fraud victims who suffered at the hands of the HBOS Reading scam. The announcement to award the victims comes after the group was criticised for the way it handled treated small business owners whose livelihoods were a

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.

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 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 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

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).

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.

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

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

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

A Christmas tree made out of toilet brush bristles has been sold at auction for £150.

Andrew Bailey, the current chief executive of the Financial Conduct Authority (FCA), has been appointed as the next governor of the Bank of England. Mr Bailey will become the 121st governor of the bank on 16 March 2020.

Aberdeen Standard Investments (ASI) is delighted to have been appointed by Link Fund Solutions Limited as investment manager of the LF Woodford Income Focus Fund. Subject to regulatory approval the Fund will be renamed LF ASI Income Focus Fund.

Glasgow-based wealth manager and financial planning firm The Turris Partnership has been bought by Mattioli Woods in a deal worth up to £1.6 million. Wealth management firm Mattioli Woods, which has offices in Glasgow, Edinburgh and Aberdeen, will obtain the company's £65m of assets unde

West Coast Capital has increased its cash reserves by £20 million to £81m as the company aims to maintain its ability to invest in core assets during periods of uncertainty. West Coast Capital owner Sir Tom Hunter has said that the firm has seen good progress this year and the hoarding o