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Figures published today from KPMG UK’s Fraud Barometer, which records alleged fraud cases with a value of £100k and above, has shown the number of reported fraud cases outside of the London region rose to 183 cases in 2023, up from 172 in 2022. Within this, the Midlands had 37 cases reac

Energy major Shell has joined the Renewables for Subsea Power (RSP) collaborative project which is currently powering subsea equipment off the coast of Orkney through a combination of wave power and subsea energy storage. The £2 million demonstrator initiative, which is currently nearing 12 mo

R&B Distillers Limited, the Scottish spirits company co-founded by Bill Dobbie and Alasdair Day in 2014, has revealed a significant reorganisation of its senior executive team. William Dobbie, who served as commercial director, has been appointed as the new managing director, while his father, B

SMEs and organisations-focused Unity Trust Bank has appointed Colin Fyfe as its CEO. Mr Fyfe joins Unity with more than 40 years’ experience in the banking sector including 10 years as CEO at two building societies. With a deep understanding of commercial business and the wider regulatory bank

Pictured (L-R): Foras co-founder Dec McLaughlin; Colin Graham, partner and chair of Thorntons; Foras co-founder Caro Melendez; Alistair Lang, partner and head of ventures and innovation at Thorntons; Foras co-founder Nick Murray Thorntons Solicitors and Foras have formed a new strategic partnership

A fraudster has succeeded in swindling over £20 million from a company by using deepfake technology to pose as its chief financial officer. In a cautionary tale for the AI age, the scam saw a finance worker in the Hong Kong office of a multinational firm invited via email to join a video call

Changes to what constitutes a high-net-worth individual (HNWI) are likely to have the unintended consequence of negatively impacting on women investors and women-founded businesses in Scotland, investment specialists have said. From 31 January 2024, new regulations under the Financial Promotions Ord

Gilson Gray has expanded its footprint in Dundee and Angus, following the takeover of Bowmans Solicitors. The firm will also now double its space at 2 West Marketgait in the city centre, taking on another floor of the flagship building, as well as gaining an additional office in Forfar. A team of 11

CMS has bolstered its Scottish disputes resolution practice with the appointment of two senior level disputes specialists, Amy Cornelius and Lizzie Gray, as of counsels. Ms Cornelius has extensive experience as a commercial litigator working across all levels of the Scottish Court System for local a

Grant Thornton UK LLP has appointed Stuart Preston as the new practice leader for Scotland. Mr Preston is responsible for leading and growing Grant Thornton’s team of 222 people based across the firm’s Glasgow, Aberdeen and Edinburgh offices. As a partner and restructuring specialist, as

A toddler who crawled into a claw machine and cheerfully lounged on the prize toys had to be removed by police. The three-year-old became stuck in the Hello Kitty-themed machine in a shopping centre in Queensland, Australia on Sunday, The Guardian reports.

In a bid to foster the growth of innovative leaders in the Scottish Highlands and Islands, the Highlands and Islands Enterprise (HIE) has launched this year's IMPACT30 programme, providing comprehensive business support to 22 individuals under 35 in key decision-making roles.

Edinburgh-based payment orchestration provider BR-DGE has announced its latest collaboration with payments network Discover Global Network to support its global growth. This alliance will enable BR-DGE’s merchants to access the fastest growing global payments network, with Discover Global Netw

A new financial planning venture, Juniper Financial Planning, has taken root in the heart of Ayrshire, founded by experienced financial planners Ross Hunter, Scott Moore, and Euan Brown. Boasting a collective 50 years of experience from prominent financial planning institutions like Standard Life, a

There has been a 2.7% decrease in Scottish retail footfall, slightly better than the UK average of 2.8% year-on-year during the period of 31 December 2023 to 27 January 2024, the latest SRC-Sensormatic IQ data reveals.