News

Newly formed Glasgow investment group, tbh Ventures, has made its first acquisition with the purchase of Scottish management consultancy Strategem. Recognised for its expertise in business internationalisation, Strategem has been the sole framework holder with Scotland's national economic developmen

BDO has welcomed 33 new trainees to its Edinburgh and Glasgow offices, part of the firm’s national recruitment drive, which has seen over 600 trainees join its UK offices.

A billionaire has lost a $410 million (c. £305m) lawsuit against his insurers after a judge ruled that five paintings in his collection suffered no visible damage in a fire. Ronald O. Perelman was compensated in relation to a number of destroyed artworks after a 2018 fire at his home in the we

UK Finance has launched a collaborative industry pilot project to deliver the first UK live transactions of tokenised sterling deposits (GBTD).   These tokenised deposits are a digital representation of traditional sterling commercial bank money. They retain the trust and regulatory protections

The UK government has announced a new “Pride in Place” programme, dedicating £292 million to regenerate some of the most deprived communities across Scotland. The investment, part of the UK Shared Prosperity Fund, aims to empower local areas to improve their high streets, boost loc

The founder of a UK fintech unicorn has called for a radical merger between the London Stock Exchange (LSE) and New York’s Nasdaq, warning that London's market is "completely broken". Barney Hussey-Yeo, who founded the AI fintech firm Cleo in 2016, argues that bold action is needed to reverse

A family of round-the-world sailors has purchased a marina on Scotland's West Coast with a multi-million-pound funding package from HSBC UK. Craobh Marina, located between Lochgilphead and Oban, has been acquired by Brian and Shelia Norton and their three adult children. With the support of HSBC UK

Councillors will be asked to approve Falkirk Council’s next five-year financial strategy that seeks to bring a balanced position to its finances going forward next month. 

Professor Elizabeth Gammie has been appointed as a new Member of the Scottish Funding Council (SFC) Board. The announcement was made by the Minister for Higher and Further Education. Professor Gammie is an Emeritus Professor at Robert Gordon University and a Chartered Accountant with the Institute o

Inverclyde Council has appointed David Forbes as its new chief financial officer. Mr Forbes joins the council from North Ayrshire Council where he has worked since 2016 and is currently senior manager (strategic business manager).

A Chinese court has ordered two teenagers to pay 2.2 million yuan (around £231,000) in compensation after they urinated into a pot of broth at a popular hotpot restaurant. The 17-year-olds, identified by their surnames Tang and Wu, filmed their disgusting stunt and shared the footage online.

Standard Life, part of Phoenix Group, has completed a £52 million bulk purchase annuity (BPA) transaction with The Amtico Company Pension Scheme, securing the benefits of all 425 members. The deal, concluded in August 2025, strengthens a long-standing relationship between Standard Life and lux

A Montrose-based pottery and creative arts studio has invested in new equipment to expand its classes and improve production after securing £4,500 in grant funding from Angus Council, thanks to support from Business Gateway. Clay Half offers a dedicated space for pottery enthusiasts and creati

Aberdeen & Grampian Chamber of Commerce has urged the UK government to scrap the Energy Profits Levy (EPL) after official figures revealed a dramatic slump in revenues from North Sea oil and gas.

Glasgow-headquartered Weir Group has announced a binding agreement to acquire Fast2Mine, a Brazilian provider of mine management software (MMS). The move is set to accelerate Weir’s expansion into the South American market and enhance its digital solutions for the global mining industry.