News

Orbital Marine Power Ltd, the Scotland-based operator of the world’s most powerful tidal turbine, has secured a multi-million pound investment to advance its international commercial projects and contribute to the wider decarbonisation of energy.

Around 800,000 people reported losing money to investments or pensions‑related scams in the 12 months to May 2024, according to Financial Conduct Authority (FCA) research. To help fight this financial crime, the FCA has launched ‘Firm Checker’, a tool to help consumers avoid scams. By

Prison guards have confiscated a feast of steak and crab legs smuggled behind bars as an apparent Christmas treat. The gift package, which also included cigarettes, rolling tobacco and cannabis, was dropped by drone into a prison in South Carolina.

Lynas Foodservice has acquired JB Foods, an Edinburgh-based wholesaler, into the Lynas family. This strategic move unites two third-generation, family-run businesses, blending Lynas’s roots in Coleraine with JB Foods’ 60-year heritage of serving the Scottish catering industry.

Airbus has officially completed the acquisition of key manufacturing assets from Spirit AeroSystems, a move that secures the future of the facility in Prestwick. Under the terms of the deal, the Ayrshire site – which employs 1,200 staff – has been rebranded as Prestwick Aerosystems. It w

Independent financial advisers Lonsdale Services has deployed Aveni Assist, an AI automation platform from AI Fintech Aveni, across its wealth management team, resulting in hundreds of hours saved each month and the ability to share information with customers quicker.   Lonsdale introduced Aven

Gilson Gray has been recognised as the fastest-growing law firm in the UK, according to the latest UK Fast Growth Index. The full-service firm ranked as the 15th fastest-growing professional services business overall, securing the highest position of any legal sector organisation.

New figures from the Scottish Land Commission show Scotland’s rural land market continued to cool in 2024, with fewer large-scale sales and a marked drop in forestry values contributing to a quieter and more varied picture across the country. The Rural Land Market Data Report 2025 tracks activ

Wright, Johnston & Mackenzie LLP (WJM) has moved to a new office in the heart of Edinburgh. After joining forces with Davidson Chalmers Stewart earlier this year, the firms will now operate from under one roof, joined by the growing complex personal injury team from Irwin Mitchell.

The Financial Conduct Authority (FCA) has confirmed changes to simplify its rules and lower costs for insurers, while maintaining appropriate levels of protection for smaller commercial customers.

Although conditions remained challenging across Scotland’s private sector in November, the latest Royal Bank of Scotland Regional Growth Tracker signalled a notable uplift in confidence regarding future output. When asked about their expectations for activity over the year ahead, Scottish priv

Network specialist Arrowdawn has marked its 25th year in business with a 72% rise in turnover. The Aberdeen company’s turnover increased from £1.45 million last year to £2.5m in 2024–25 – the company’s highest figure to date.

Consilium Chartered Accountants has successfully guided the shareholders of Axiom Project Services Limited through the firm’s acquisition by Bellrock Group. Axiom – a property and construction consultancy with offices in London, Manchester, Edinburgh and Glasgow – joins Bellrock&rs

Unity Trust Bank has awarded £5,000 to Scottish charity, Break the Silence, as part of its £50,000 Unity Impact Grants programme. Break The Silence supports people in East and North Ayrshire who have been affected by childhood sexual trauma. They also help their partners and family membe

Specialist asset manager Aberdeen has released its Q1 2026 global outlook, forecasting a modest reacceleration of the US economy. The firm predicts the US will benefit as the initial tariff shock fades, interest rates are cut, and the artificial intelligence (AI) buildout continues.