News

Scottish financial advisory firm Carbon Financial Partners is poised for acquisition by Leeds-based professional services company Progeny for an undisclosed sum. The acquisition is set to boost Progeny’s assets under management by £600 million. Regulatory approval from the Financial Cond

Accountancy firm Johnston Carmichael has intensified its commitment to fostering talent by welcoming 90 new students to the firm.

Wikipedia has received a controversial offer from billionaire Elon Musk to rename itself in exchange for $1 billion. He asked the platform to rename itself to "Dickipedia". This peculiar offer follows Mr Musk's criticism of the Wikimedia Foundation's fundraising methods, questioning why the non-prof

Edinburgh-headquartered pharmaceutical firm Kelso Pharma has expanded its portfolio with the acquisition of two UK approved dermatological products, marking its debut in the treatment of actinic keratoses and plaque psoriasis. The two dermatology products were purchased from an organisation within t

PwC's global firms have reported a record revenue of $53.1 billion (around £43.5bn) in the financial year ending 30 June 2023, marking a 9.9% growth in local currency. This achievement comes despite the exclusion of the Russian firm from the network and the sale of the global mobility and immi

Scottish oatcake producer Nairn's has appointed a new managing director, Colin Dingwall, and a new marketing director, Kevin Butterworth. Mr Dingwall is currently Nairn’s finance director and is stepping up to the top job in May 2024. Previously, he was director of finance and investor relatio

Law firm Burges Salmon, which has a major office in Edinburgh, has reported an 8% increase in turnover to £128.2 million in the latest financial year. In the financial year ending 30 April 2023, the firm also saw a dip in profit per equity partner (PEP) from £517,000 to £466,000 as

Alba Bank, founded by Scottish entrepreneur Jim McColl, has partnered with ClearBank, the enabler of real-time clearing and embedded banking, to manage payments for its customers. Alba Bank will be leveraging ClearBank and Mambu's partnership to offer near real-time payments to its customer base and

Risk control and assurance software and services provider STC INSISO has appointed five professionals in its commercial and technology innovation departments, underscoring its global expansion focus. Three new recruits have been added to the commercial team with Euan Henderson joining as busine

The UK government's potential reduction in stamp duty has sparked calls for similar cuts in Scotland, where the current land and buildings transaction tax (LBTT) imposes higher costs on homebuyers, particularly first-timers and those purchasing properties over £325,000. Estate and letting agen

High interest rates are preventing investment in the Scottish economy, according to the latest Scottish Chambers of Commerce Quarterly Economic Indicator. Concern over interest rates has seen a significant increase over the quarter, rising from 37% of firms in the last quarter to half of firms, whic

A slice of Queen Victoria's wedding cake has sold at auction for £700.

Scotland's largest independent electronics contract manufacturer, CB Technology, has delivered a 36% increase in turnover for 2022-23, taking its revenues to £14.3 million. CB Technology’s revenues have increased 500% since the successful management buy-in backed by Maven Capital Partner

Half of Scotland experienced house price increases in Scotland throughout August whilst half saw prices drop, according to the latest House Price Index from Walker Fraser Steele.

Perthshire-based Simon Howie Butchers has seen its pre-tax profits rise to more than £4.4 million despite a “staggering” rise in energy bills. According to the latest accounts filed for the company sales and profits both rose, with turnover reaching £24.1m for the year to Dec