News

Dundee-based Ace Aquatec, an award-winning aquaculture technology company focused on fish welfare, has successfully closed its latest investment round, securing £10 million. The funding comprises £7.5 million in equity led by Stolt Ventures, with participation from Scottish Enterprise an

STV Studios appointed Colin Waters as its new chief financial officer and strategy director, starting in June. Reporting directly to STV Studios CEO David Mortimer, Mr Waters will join from Vice Studios Group where he serves as CFO, overseeing global financial strategy.

Murray Capital, the private investment office of the Murray family, has appointed Colin Mitchell as its group finance director. He succeeds Euan Campbell, who has moved on after more than 10 years in the role.

Scottish accountancy firm EQ Accountants, part of the Sumer Group, has merged with Edinburgh-based McDonald Gordon & Co, marking EQ's third acquisition in the past year and is a key step in its strategy to triple turnover from £11 million to £30m within four years. The merger signifi

Glasgow-based mutual Scottish Friendly has announced its second-highest sales figures in its 163-year history for 2024, reaching £50.6 million annual premium equivalent. The result, slightly down from £51.1m in 2023, was supported by a roughly 30% year-on-year increase in sales of its ow

An enormous anti-Trump protest artwork has been etched into the beach next to the US president's Turnberry golf course. The sand art, measuring 55 metres by 40 metres, was created by Greenpeace UK to mark 100 days of Donald Trump's second stint in the White House.

The University of Dundee has announced an alternative strategy aimed at achieving financial recovery while significantly mitigating the need for large-scale compulsory job losses.

The Federation of Small Businesses (FSB) in Scotland has welcomed publication of the final report of the Scottish Government’s New Deal for Business Group (NDBG). However, the business representative group has warned that the findings must continue to be pushed forward if a true reset of the r

Business confidence in Scotland fell significantly in April, dropping 15 points to 40%, according to the latest Business Barometer from Bank of Scotland Commercial Banking. Companies in Scotland reported lower confidence in their own business prospects month-on-month, down four points at 61%. When t

Barclays reported a strong start to 2025, with first-quarter pre-tax profits reaching £2.7 billion, comfortably exceeding analyst expectations of £2.5bn. The bank's shares rose over 1.5% following the announcement, but have since retraced during the day's trading.

Vita Group has secured c. £100 million worth of funding from Eldridge Real Estate Credit to build a new 591-bed purpose-built student accommodation (PBSA) project on India Street in Glasgow.

An updated charter setting out the principles and responsibilities of how rural estates, landowners and land managers operate has been launched by Scottish Land & Estates. The SLE Members’ Charter, formally adopted at SLE’s Annual General Meeting in Falkirk, builds upon the Landowner

Savills Edinburgh residential sales has confirmed significant leadership appointments, promoting Ben Fox to the newly created role of director of new business and appointing John Forsyth as head of Edinburgh residential sales. Mr Fox, who joined Savills 19 years ago, was promoted to director in 2015

Scotland's onshore economy experienced a slight contraction in February 2025, with GDP falling by 0.2%, according to official statistics. This followed upwardly revised growth of 0.4% in January, up from 0.3%.

The accountancy profession has an increasingly critical role to play in setting the standard for ethical behaviour in business, according to a new ethical leadership insights series from the Institute of Chartered Accountants of Scotland (ICAS). ICAS conducted in-depth interviews with a selection of