News

Virgin Money, set to be acquired by Nationwide Building Society in a deal worth £2.9 billion, reported a half-year pre-tax profit of £279 million.

The Scottish farmland market has experienced an unexpected early surge in activity despite weather-related pressure, as well as economic and policy factors. According to Savills, the number of acres advertised for sale on the open market to the end of May was 64% higher than for the same period in 2

A Scottish tech start-up that aims to revolutionise the way construction materials are purchased has raised £1 million from investors.

The Bank of England (BoE) has come under scrutiny for having spent £8.5 million on remote working kit for staff, according to official figures. The data, obtained under the Freedom of Information (FOI) Act by think thank Parliament Street revealed that Threadneedle Street has splashed out on a

CMS is to host a free-to-attend event focused on one of the key challenges facing the UK renewable energy industry – how to solve the issue of grid connections. The seminar, being held in Aberdeen on 19 June, includes contributions from Calum Watt, grid technical authority at Flotation Energy,

Small and medium-sized enterprises (SMEs) in Scotland are annually missing out on a staggering £370 million a year in potential interest as a result of not shopping around for better rates on their business savings, according to Allica Bank. The bank's research reveals that the "big six"

Tesla shareholders have voted to reapprove a multi-billion dollar pay package for CEO Elon Musk, after it was blocked by a Delaware judge in January. The package is made up of Tesla stock and was worth $56 billion (around £44bn) in January. Should it go through, it will be the largest compensa

Dunfermline-based furniture and fitout specialist Deanestor has reported a £3 million increase in turnover to £22.4m for the year ending December 2023, with a record order intake of over £30m. Forward orders have increased by more than £3m to over £30m compared to the s

John McGuigan has announced his intention to stand down as chair of Scottish Financial Enterprise. His successor will be confirmed at an EGM next month.

Scotland-based high-hazard industries learning provider 3t has acquired US safety-critical training company ALL STOP! for an undisclosed sum. The strategic move combines 3t's technological expertise with ALL STOP!'s practical training, enhancing their offering in the US market.

An Edinburgh bakery that uses insect protein in its products is set to expand its operations after receiving support from Business Gateway.

Hywel Ball, EY's UK chair and UK&I managing partner, has announced his resignation, triggering a leadership race for one of the most coveted roles in professional services. The 61-year-old veteran, who has dedicated his entire career to the Big Four firm since 1983, was a staunch advocate for Pr

KPMG UK has appointed Vishal Chopra as its new senior partner for Scotland, taking responsibility for a team of over 900 across KPMG's Glasgow, Edinburgh, and Aberdeen offices. He has been based in Scotland throughout his professional career and takes on the prominent role having most recently led K

CBRE’s Scottish headquarters has been awarded WELL Certification at Platinum Level, recognising the global real estate advisor’s commitment to promoting employee wellbeing.

Shepherd Chartered Surveyors has been named the Surveyor of the Year at The Scottish Mortgage Awards for an unprecedented fifth consecutive year. Judged by independent and respectable experts, The 2024 Scottish Mortgage Awards celebrates the people, products and services that demonstrate excellence