News

EY has launched its first Scottish fintech lab in Edinburgh, following the Big Four firm's first successful lab in London. The lab is designed to collaborate with start-ups and scale-ups to create innovative solutions to key financial challenges across the UK region, with a particular focus on susta

Edinburgh-based AI legal assistant platform Wordsmith has received $5 million (around £3.94m) in seed funding. The company's platform aims to enhance lawyers' productivity, allowing them to focus on higher-value work. By automating routine tasks, the platform claims customers get 90% of the th

Dundee-based accountancy firm Ashton McGill has appointed Kyle Gordon as a senior accountant, marking the firm's first Aberdeen-based recruit. Mr Gordon became a fully qualified Chartered Accountant in October last year while working for another accountancy firm as an assistant tax manager.

Spending on eating out, new clothes and takeaways are the biggest areas people across Scotland have cut back on so far this year, according to KPMG.

A cheating husband is suing Apple after his wife was able to access messages he sent to sex workers but had deleted. The middle-aged English businessman deleted the texts from his iPhone, but his wife stumbled across them on the family iMac and subsequently asked for a divorce, The Times reports.

New data from this year’s Business Barometer report published by The Open University in partnership with the British Chambers of Commerce, has found that over half (56%) of Scottish organisations are still reporting worrying skills shortages. According to the annual report, monitoring the curr

Elementz, a new provider of subsea asset integrity management software and subsidiary of Aize, has leased a 1,565 sq ft office at the Enterprise Centre in Aberdeen Energy Park. The three-year lease will support Elementz's growth plans in the North East, providing space for its 15-strong team. Elemen

UK investment platform Hargreaves Lansdown has confirmed it is prepared to recommend a £5.4 billion takeover offer from a private equity consortium led by CVC Capital Partners. The deal, valuing the company at £11.40 per share, comes after several rejected approaches and a turbulent peri

UK consumer price index (CPI) inflation fell to the Bank of England’s 2% target in May, driven by lower food and core inflation.

An accounting graduate from the University of Dundee is has left the university not only with a degree, but also as CEO of a newly established business. Isaac Jarman, 23, graduated with a BAcc (Hons) in Accounting from the University’s School of Business yesterday. He is one of 137 busine

A former director of a haulage firm has been imprisoned for 16 months over a fraud involving police escort contracts. James Campbell altered paperwork for services provided to the firm by police in Scotland and Wales and overcharged a Spanish company by £110,000 for the transportation of wind

US bank Wells Fargo has fired several employees after claims that staff were faking keyboard activity to make the company think they were working when they were not.

The Institute of Chartered Accountants of Scotland (ICAS) has urged the next UK government to prioritise audit and corporate governance reform to rebuild trust in businesses and safeguard livelihoods. The call is part of ICAS’ five key asks for the next government aimed at building a more sust

Michelin Scotland Innovation Parc (MSIP) has reported significant economic impact within its first three years of operation. The Dundee-based hub, a joint venture between Michelin, Dundee City Council, and Scottish Enterprise, has fostered substantial growth, with the MSIP Accelerator Programme cont

Advance Construction (Scotland) Ltd has made an equity investment in Northern Piling Ltd (NPL), a Scottish specialist piling contractor.