News

The property market across Edinburgh, the Lothians, Fife, and the Borders experienced a strong third quarter in 2024, with average selling prices rising by 4.9% year-on-year to reach £290,259. The City of Edinburgh saw its average selling price rise 4.7% to £307,850, making it the most e

A rare Pokémon card which was expected to fetch more than £8,000 at action has failed to secure a sale.

A company which claimed to have invented "the world's first robot lawyer" has agreed to pay a nearly $200,000 settlement over its marketing claims. DoNotPay faced action from the US Federal Trade Commission (FTC) after allegedly claiming its AI-powered tool could "sue anyone with the click of a butt

The Scottish Chambers of Commerce has strengthened its board of directors in a move to boost its fight for greater investment and support for Scotland’s businesses. President Stephen Leckie said: "At a critical time for business in Scotland, with huge budget pressures for both the UK and Scott

Glasgow-based cloud computing company iomart has acquired Atech Support, a Microsoft solutions provider, for £57 million. The deal, funded through existing cash and banking facilities, is expected to significantly boost Iomart's capabilities and offerings in the UK mid-market.

Nationwide Building Society has completed its £2.9 billion acquisition of Virgin Money, creating one of the UK's largest banking groups with 24.5 million customers and nearly 700 branches. The deal, approved by Virgin Money shareholders and a specialist court, will see the Virgin Money brand d

The Financial Conduct Authority (FCA) has fined Starling Bank Limited £28,959,426 for financial crime failings related to its financial sanctions screening. It also said Starling repeatedly breached a requirement not to open accounts for high-risk customers.

Walker’s Shortbread has posted sales growth of £19 million, a 11.6% rise to £183m, resulting in a bump in operating profits by £7.1m – 119% – to £13.1m.

Craig Reid CA has been named partner at Armstrong Watson, and will head up the firm's accounting and business services team in Glasgow. He joins the accountancy, business and financial advisory firm in Blythswood Square after four years as a director at Mazars, where he led the Scottish SME team.

Mark Shaw has stepped into the role of BDO UK managing partner. Reaffirming the firm's dedication to the mid-market, Mr Shaw emphasised the importance of mid-sized businesses as the "economic engine" of UK economic growth.

Renewable energy firm ScottishPower and Santander UK have partnered to make adopting energy efficient technology in UK homes more affordable.

Responsible finance provider Social Investment Scotland (SIS) has, for the first time, surpassed £50 million in active loans and investments to social enterprises, charities, community groups, and mission-led businesses during a single year, according to its latest annual impact report. Total

A £22 million investment has been made into a scheme to increase investment in affordable homes and deliver more housing.

Gilson Gray has acquired City of London-based PCM Solicitors, marking its first foray into the London and South East market. This marks the Edinburgh-headquartered law firm's third acquisition of 2024, after the firm announced deals for Edinburgh’s MHD and Bowmans Solicitors in Forfar earlier

Caledonia Housing Association (CHA) has appointed two new executive directors to its leadership team. Peter Fotheringham joins CHA as executive director of finance and will be responsible for finance and treasury management, IT and business improvement. He is a Chartered Accountant and is currently