News

Edinburgh-based fintech-for-media platform Recast has closed a $5 million (£3.9m) funding round. This round was led by the US-based venture capital firm Morpheus Ventures, with additional investments from Airstream Ventures and Cooley.

An Argyll distillery, Beinn an Tuirc Distillers Ltd, has received £4,922 in funding from Highlands and Islands Enterprise (HIE) Shared Prosperity Fund to develop two new products. The Kintyre-based distillery is investigating the development of two new canned ready to drink cocktail recip

Glasgow’s first venture studio dedicated to developing innovation-driven enterprises has been launched by the Glasgow City Innovation District (GCID).

Lanarkshire-based bakery and confectionery ingredients supplier R&W Scott has transitioned to and begun operating under an employee ownership trust (EOT). Under this new structure, all the company shares are acquired by the EOT for the benefit of its employees – allowing R&W Scott staf

Three members Aon plc's Glasgow office pensions team have been named finalists in the prestigious Women in Pensions Awards. The professional services firm is celebrating the shortlisting, and in total, 40 Aon colleagues have been shortlisted nationwide.

Johnston Carmichael has reshaped its leadership team with the appointment of a new senior partner and chief executive officer. Mark Houston, chair, becomes senior partner while Lynne Walker, formerly the firm’s vice chair, and head of business advisory, becomes CEO.

Robertson Group has appointment Irene Wilson as chief financial officer and Colin Mitchell as group finance director. Ms Wilson has been with Robertson Group for 20 years, most recently holding the position of group finance director, while Mr Mitchell has been with the business for almost six years

A Chicago homeowner was left reeling after a clerical error resulted in his property tax bill increasing sixteen-fold from $1,800 (£1,405) to more than $30,000 (£23,430).

Grant Thornton UK LLP is reportedly exploring a potential sale of a stake in the firm to private equity investors.

Following a strategic review of its economic analysis, data analysis, research and market monitoring functions, the Financial Reporting Council (FRC) has announced the reorganisation of its existing resources into two newly structured teams. This will enable delivery of better stakeholder outcomes a

A new survey by HSBC UK reveals Scots are more confident about their debt management knowledge than the rest of the UK, as 72% of Scottish respondents understand debt consolidation, exceeding the UK average. In Glasgow, this figure rises to 76%, demonstrating a strong awareness of financial options.

UK accountancy firms have praised the Institute of Chartered Accountants of Scotland (ICAS) for its redefined and market-leading approach to accountancy training. The new approach is already delivering impressive results for students and businesses alike through an evolved delivery model that gives

Macfarlane Group PLC has acquired Polyformes Limited, a UK-based protective packaging manufacturer, for a deal worth up to £11.5 million. The deal includes an earn-out of up to £4.8m over two years, based on agreed profit growth targets. This acquisition strengthens Macfarlane's protecti

The British Business Bank has launched the growth guarantee scheme to help smaller businesses in Scotland access finance for investment and growth. The scheme, which replaces the recovery loan scheme, is expected to support around 11,000 businesses until March 2026. Further details have been publish

Henderson Loggie partner and head of tax Kimberley Thomson has been appointed to the Institute of Chartered Accountants of Scotland (ICAS) tax board. The tax board is instrumental in shaping tax policy and providing guidance to ICAS members and the broader public, with a focus on relevance, communit