News

Invizius, the University of Edinburgh spin-out whose technology could help reduce the high death rates amongst dialysis patients, has raised £2.75 million from a consortium of investors. The funding round was led by Mercia and included Downing Ventures, the University’s Old College Capit

PwC's latest consumer sentiment survey has found that Scots are becoming less worried about the impact of Brexit on their spending, but more believe they will be worse off in 2020 with retail and socialising expected to take the brunt of the cutbacks as operators ramp up their festive plans.

A major milestone has been reached in an ambitious plan to bring marine manufacturing and support industries back to the Upper Clyde.

The Financial Reporting Council (FRC) has appointed Simon Dingemans and Sir Jon Thompson as its new chairperson and chief executive respectively. Simon Dingemans replaces Sir Win Bischoff, who steps down after six years in the post. Sir Jon Thompson succeeds Stephen Haddrill who held the role of chi

Glasgow headquartered fit-out and M&E specialist Morris & Spottiswood has confirmed another strong performance with the publication of its year-end financial results for 2018. Turnover for the year ended December 31, 2018 stood at £82.4 million, up 2% on 2017, and underlying profitabil

A St Andrews chef has charged diners £650 after they cancelled their reservation.

For the seventh consecutive year, Donald Trump's Aberdeenshire golf resort has experienced losses.

Over 10,000 jobs are at stake at HSBC as the bank embarks on a cost-cutting programme. HSBC currently employs around 238,000 people, however, according to the Financial Times, staff reductions are long overdue.

Scotland's largest community-owned wind farm, Stòras Uibhist, has secured an £8.5 million refinancing deal from Lombard and the Royal Bank of Scotland (RBS) securing its operation and other community projects. The 6.9MW wind farm, located on South Uist estate and owned by Stò

Research commissioned by Morton Fraser has found that more than one in three (38%) of medium and large-sized businesses say they have earmarked investment funds secured in the last 12 months to take on new staff. Such investment and commitment to hiring new staff members could help mitigate the impa

Scottish Widows has reversed its stance on a claim that it does not offer stocks and shares Isas to anyone over the age of 74, telling a potential customer he had been given the wrong information when his attempt to invest with the business was refused. Retired engineering lecturer Bob McFarlane had

Berwickshire Housing Association has appointed finance veteran Jim McDevitt as the new convener of the board of trustees. Jim McDevitt joins the housing association after having worked in banking for over 20 years.

Shockingly Fresh, an Edinburgh based start-up, has launched an investor seed round to kick start its expansion to more than 40 sites across Scotland over the next five years. The company plans to build dozens of indoor ‘vertical farms’ across the UK – which can grow up to five time

An evaluation and economic impact assessment carried out by economic consultancy Biggar Economics has found that the Royal Society of Edinburgh (RSE) Enterprise Fellowship programme has added almost £170 million to annual global GVA, including £77m in Scotland. The report, commissioned b

This year’s ‘State of Workplace Happiness’ report by Engaging Works has revealed that employees in Scotland are the least happy at work with one in three saying they are unhappy.