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A Scottish pension fund, representing 71,000 council workers, has secured a $434 million (around £342m) settlement from US sportswear giant Under Armour. The North East Scotland Pension Fund (NESPF), which administers the pensions of Aberdeen, Aberdeenshire and Moray council staff, led a class

More than a third of young adults in the UK believe crypto is an important electoral issue, according to new data. Research commissioned by Edinburgh-based fintech Zumo and conducted by Focaldata reveals 34% of both 18-24 and 25-34 year-olds think the growth of the crypto industry should be front of

Six fintech companies have been shortlisted in the final round of the Smart Data Foundry and FinTech Scotland UK Fintech Challenge, each receiving £5,000 with the chance to win a further £45,000. Legado Technologies, Legal-Pythia, Planda AI, Data Pal, Doqit Technologies and Inicio AI bea

Family-owned waste management and recycling business The NWH Group has appointed Gavin Money as its managing director. He brings a wealth of industry experience to his new role, having joined The NWH Group from Biffa in 2023. With a background in waste management and recycling, Mr Money has held num

Alex Hutcheon + Co Solicitors has appointed two new partners to the business. Peterhead-born Andrew Bruce, who joined the firm this month, brings with him more than 18 years’ knowledge and expertise in residential and commercial property across Aberdeenshire. With considerable experience also

Fife's Balgeddie House Hotel, a 33-bedroom establishment with spa and event facilities, has been sold by Solley Hotels to Smar Hotels & Leisure Ltd. After inviting offers, the hotel was sold in an off-market deal through the specialist hotels team at Colliers. This is the firm’s latest dea

International mortgage broker Enness Global has appointed Tamara Crowson as its first head of Scotland. This newly created role has been designed to cater for the growing demand for high-value mortgage finance north of the border, typified by the growing number of million-pound properties across the

The number of small and medium-sized enterprises (SMEs) building homes in Scotland has significantly declined, according to new figures. A report published today by representative body Homes for Scotland (HFS) shows the proportion of new homes sold by those building between three and 49 homes per an

A salesman who was found guilty of being part of a £3.3 million fraud against Edinburgh University has been jailed for seven years. Aasim Johar, 54, colluded with the university’s former assistant director of estates and buildings Geoff Turnbull to mastermind a bogus procurement scheme t

A three-bedroom house in San Francisco's affluent Russian Hill neighbourhood has been listed for an astonishingly low price of $488,000 (around £385,000).

Despite improved transparency, a Holyrood committee has found that inconsistency, bureaucracy, and inflexibility are still creating challenges for small businesses and third sector organisations looking to participate in public procurement. A decade on from the introduction of the Procurement Reform

A woman who dumped her boyfriend after he broke a promise to look after her dogs has failed in a legal bid to force him to pay compensation. The New Zealand Disputes Tribunal heard that the woman, CL, was expecting her then-boyfriend, HG, to collect her from her home, take her to an airport and then

The Financial Conduct Authority (FCA), working with the Metropolitan Police Service, has conducted an operation to arrest two individuals, aged 38 and 44, suspected of running an illegal cryptoasset exchange. More than £1 billion of unregistered crypto assets are believed to have been bought a

Interpath Advisory, the UK restructuring firm formed from a KPMG spin-off in 2021, is in advanced talks to acquire KPMG's French restructuring division. This would be Interpath's most significant acquisition to date, with the French arm employing over 100 people, Sky News reports.

KPMG is set to cut a further 200 jobs in the UK as the consulting sector faces a market slowdown. The cuts, affecting both back-office and client-facing roles, come after a review of the firm's cost base and are expected to be completed by October 2024.