News

Audit fees for major UK companies have seen a significant uptick over the past year, as the demand for enhanced audit quality has grown following various industry scandals. Data from Thomson Reuters highlighted that the top 500 UK companies, including prominent names such as Tesco, Barclays, and Uni

In celebration of its 175th anniversary, the Scottish Building Society, in collaboration with Foundation Scotland, has launched the Scottish Building Society Foundation, a dedicated funding incentive for Scottish charities and community groups. With an inaugural fund of £175,000, the foundatio

Edinburgh-based life science firm Cytomos has successfully raised £4 million in a recent investment round for the development and market-testing of its Cytomos Dielectric Spectroscopy (CDS) technology. Archangels led this funding initiative with participation from notable investors such as Old

Edinburgh-based private bank Hampden & Co has reported a marked uptick in growth during the first half of 2023, with a 74% year-on-year surge in total income, raking in £15.5 million, and a pre-tax profit of £5m in the same period. This positive momentum is highlighted

During May-July 2023, the average selling price of property across Edinburgh, the Lothians, Fife and the Borders held steady in comparison to the same time last year. A marginal increase of 0.4% took the average to £287,820, showing that the property market overall has retained composure durin

Shepherd and Wedderburn has reported a 3% growth in its net profits, reaching £27.1 million. In the year to 30 April 2023, the firm also witnessed 7% turnover growth to £66.7m, marking Shepherd and Wedderburn's sixth year of consecutive growth.

Elvis Presley's coat has been sold for £128,000 at an auction in Wiltshire. The coat was custom made with leather and mink and worn by the singer during the last year of his life.

Scottish businessman Mohammed Ameen Mirza could face jail time after admitting tax evasion. The fifty-eight year old filed fraudlent declarations for his store in Glasgow’s Gorbals and another in Cambuslang, Lanarkshire, in April 2014.

An enterprise centre in Renfrew helping new companies make the step into their first commercial premises has seen all its main workspace snapped up.

Scottish digital training provider CodeClan Limited, founded in 2015 with backing from the Scottish Government, has been placed into liquidation. Managing directors and insolvency practitioners Craig Morrison and Scott Milne from the Edinburgh and Glasgow offices of cross-border advisory firm Quantu

Gilson Gray has appointed Tracy McAlpine as a director in its residential property division to lead a new dedicated team for newbuild conveyancing. Ms McAlpine brings more than two decades of experience to the firm and has spent the last 10 years specialising in newbuild transactions, working closel

Galbraith has welcomed a new director, Larry Irwin, to advise on energy, utility and rural business issues from its Aberdeen office. With a strong background in rural valuation, Mr Irwin specialises in areas like telecoms, compulsory purchase, and renewable energy. His role will encompass negotiatio

International whisky enthusiasts will soon be able to have a taste of some of the world’s rarest and most sought-after spirits, after the entrepreneur behind Dramtubes – a Milngavie-based whisky tasting business – secured funding for growth. Dramtubes aims to make highly desirable

Financial intermediary MAF Finance Group (MAF), which works across the UK, has established a base in Edinburgh to strengthen its presence in Scotland. The business has also appointed experienced lending specialists Nick Elder and Deborah Louden to head up its Scottish operation.

There was a fresh expansion in permanent job placements across Scotland at the start of the third quarter, according to the latest Royal Bank of Scotland Report on Jobs survey.