News

A rare Roman coin depicting Brutus, Julius Caesar's assassin, has been sold at auction in Geneva for €1.98 million (c. £1.64m).

Macy's has concluded its investigation into an employee who concealed $151 million (c. £118m) in delivery expenses over three years.

BDO LLP has strengthened its Scottish team with the appointment of Stuart Macdougall CA as an audit partner. Mr Macdougall brings 20 years’ experience of working with entrepreneurs, private-equity-backed companies and large international groups. He also has significant ESG expertise and will b

Wood Leisure Holiday Parks Limited, a family-run business operating five holiday parks across Scotland, has acquired its sixth park, Faskally Woods Holiday Park in Pitlochry, with funding from Royal Bank of Scotland.

Smaller businesses backed by the Start Up Loans programme have higher survival rates than other businesses, according to an independent evaluation, conducted by SQW working in partnership with Professor Mark Hart, Qa Research and The Data City. The programme, which has provided over £1.1 billi

Research conducted by 3Gem on behalf of Scottish Friendly has revealed that parents would prefer family to contribute to their child's financial future rather than buy the latest toy this Christmas. The research, amongst 1,500 parents, conducted last month, shows that just over half of parents (51%)

The EY ITEM Club has predicted the Bank of England will maintain the Bank Rate at 4.75% at its December Monetary Policy Committee (MPC) meeting next week. This pause in the rate-cutting cycle is anticipated to be temporary, with the EY ITEM Club expecting a return to rate reductions in the new year,

Ultrasound technology specialist Novosound has moved into a new headquarters at BioCity in Glasgow. The expansion comes after a year of growth that saw the company increase its headcount to 42 from 34 and secure a £2 million investment round led by Par Equity.

Short-term lets (STLs) contribute positively to Scotland's economy, generating almost £1 billion in gross value added (GVA) and supporting nearly 30,000 jobs, according to BiGGAR Economics. BiGGAR's analysis claims the economic impact of Scotland’s self-catering industry has a negligible

Groundbreaking new technology capable of generating power without emitting carbon is set to be developed in Edinburgh, Aberdeen, and Durham, following a major investment deal. Middlesbrough-based H2CHP, a spin-out from Durham University, has secured a six-figure cash injection to advance its free-pi

C&C Group plc, producer of drinks brands including Tennent's Lager and Innis & Gunn, has appointed Roger White as chief executive officer. Mr White's appointment will be effective from 20 January 2025, and Ralph Findlay, who is the group's current CEO, will return to the position of non-exec

Expectations for home sales in Scotland have reached their highest in over three years, according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey, with a net balance of 50% of respondents expecting the volume of transactions to increase in the three months ah

The Law Society of Scotland has added to its paralegal accreditation programme with a new specialism for paralegals who work in banking and finance. The new certification is the 15th area of law recognised for paralegals and is the second accreditation in financial services as it joins the asset man

HMRC has come under fire over accusations of overlooking widespread tax evasion by Chinese "burner" companies operating on online marketplaces like Amazon, eBay, and Temu. These companies have been said to exploit lax UK registration rules to avoid paying VAT and import taxes, costing the Treasury m

FirstGroup plc has signed an agreement to acquire RATP Dev Transit London Limited and its subsidiaries from RATP Développement SA for an enterprise value of £90 million. The acquisition will see the Scottish transportation firm enter the London bus market with a strong position and will