News

A life-size portrait of Vladimir Lenin and other paintings from the Soviet Union are set to be sold at auction.

A sea salt producer on the Isle of Skye is expanding to increase production and create more jobs. The Isle of Skye Sea Salt Company has secured up to £5,690 from Highlands and Islands Enterprise (HIE) towards total project costs of £14,230.

Glasgow-based Minerva Innovation Group, specialising in R&D tax relief for businesses, aims to double its client base in 2025. The firm, now headquartered in Rutherglen, plans to expand into the architecture and engineering sectors, building upon its strong presence in equestrian, livestock, far

Prime Minister Keir Starmer has pledged £200 million from the National Wealth Fund to revitalise the Grangemouth site, set for refinery closure this summer. The investment, announced at Scottish Labour's conference, aims to transform the facility into a hub for new industries, including bioeng

Aberdein Considine has boosted its Aberdeen-headquartered corporate division with the appointment of new associate solicitor Michael Leith. Mr Leith joins Aberdein Considine’s corporate and business advisory team led by partner Ritchie Whyte in “one of the firm’s busiest periods fo

Scottish biotech engineering company uFraction8 has secured £3.4 million in new investment following the completion of a funding round led by Foresight Group. Based in Falkirk with a fully-owned subsidiary in Poland, uFraction8’s microfiltration technology is designed to optimise cell an

A new analysis reveals a concerning trend in Scotland's financial landscape, with 32% of households reporting no savings, significantly higher than the UK average of 23%. This disparity is widening, as figures from 2023 show Scotland's rate has increased while the rest of the UK has seen improvement

A growing number of mid-sized Scottish businesses are at risk of becoming "zombie" companies, according to research by BDO. Rising costs and challenging economic conditions are squeezing growth, with 13.5% of these firms now considered vulnerable – an increase of 0.8 percentage points versus t

Dunfermline-based Reward Funding has finalised a £360 million refinance, a crucial step in its plan to expand its loan book to £500m within three years. Advised by international advisory firm Interpath, Reward has received a £100m debut private securitisation from an international

A man whose credit card was stolen and used to buy a €500,000 (£414,000) winning lottery scratchcard in France has appealed to the thieves to come forward so they can split the prize. The winning ticket, purchased in Toulouse, has yet to be submitted for collection.

Wbg issued a call to doctors affected by the McCloud remedy to review their tax implications on receipt of their Remediable Service Pension Savings Statement (RS PSS), due by March 2025. The McCloud remedy removes the age discrimination judged to have arisen in the NHS Pension Scheme resulting from

Edinburgh-based Aveni.ai, specialist in AI for financial services, has been selected by credit reference agency Equifax UK as a strategic AI partner. The Aveni Detect solution has been deployed by Equifax UK, helping to streamline quality assurance processes and reduce the amount of manual checking

AAB has again retained its top spot in Scotland's financial adviser rankings with 34 deals, the latest Experian M&A report has revealed. The M&A Review (FY 2024) details that there were several notable deals announced in the final months of the year. HM Treasury continued to reduce its stake

St Andrews-born Jane Fraser, CEO of Citigroup, has become the world's highest-paid female banker, with her total compensation exceeding $100 million. The 57-year-old, the only woman leading a major global bank, earned $34.5 million (c. £27.4m) in 2024, bringing her earnings since taking the he

Standard Chartered PLC has announced a further $1.5 billion (c. £1.2bn) share buyback following a 20% jump in underlying pre-tax profit to $6.8bn (c. £5.4bn) for the year ending 31 December 2024. This surge was driven by a 13% increase in operating income to $19.7bn (c. £15.6bn), w