News

To help people to make informed decisions to save, invest and borrow with confidence, the Financial Conduct Authority (FCA) is introducing new screening checks for firms that approve financial adverts. Firms approving financial marketing for unregulated firms will have to demonstrate they have the n

The Isle of Harris Distillery is preparing to launch its first single malt whisky on 22 September.

Edinburgh-based tidal energy firm QED Naval has secured funding through the UK government’s AR5 programme, with the potential to generate £30 million in gross value added (GVA) for company over the next three years. The renewable energy company, through its Welsh subsidiary Mor Ener

Scottish scaleup Krucial, which utilises space technology to provide digital solutions, has secured further funding of more than $3.7 million (£3m) as it continues to expand into international markets. The investment was led by existing investor the Scottish National Investment Bank, joined by

Turkish cryptocurrency entrepreneur Faruk Fatih Özer and his two siblings, Serap and Güven, have been sentenced to 11,196 years in prison each for a financial scandal involving millions of dollars. Mr Özer, who established the Thodex cryptocurrency exchange at the age of 22, gained no

Scottish hospitality tech startup Stampede has reported strong growth over the last 12-18 months as its headcount has risen to 17 and has secured key contracts with businesses such as The Kitchin Group, Best Western Hotels, and Park Row in London. Julie Grieve, founder and CEO of Criton, has al

Glasgow-based medical start-up Microplate Dx has successfully closed a £2.5 million seed funding round to accelerate the development of its point-of-care diagnostic platform. The technology aims to combat antimicrobial resistance (AMR) by quickly identifying the most effective antibiotics for

Chloe Leslie, a 23-year-old client relationship associate at the Aberdeen-based accountancy firm Infinity Partnership, has been nominated to the Aberdeen Young Professionals (AYP) 30 Under 30 list. This accolade recognises emerging leaders and innovators in the Aberdeen and Aberdeenshire areas. A ce

Thomson Cooper Accountants has bolstered its workforce with the induction of six new trainees across its accounting, audit, tax, and wealth management departments, in its latest annual trainee intake. The recruits have been selected from a diverse pool of talent, including high school graduates, uni

As the UK marks Pensions Awareness Week from 11 to 15 September 2023, findings have revealed that pension savers are concerned about the impact of rising living costs on their retirement plans. It has been over a decade since the introduction of pensions auto-enrolment in the UK, yet the recent Grea

Mackie's of Scotland has scooped up a 37% increase in export sales for its luxury ice cream during the last financial year. The family-run business saw its highest ever international sales in 2022/23 with export revenue hitting £2.8 million, up from £2.05m in 2021/22.

Morton Fraser has been appointed as a supplier on the Scottish Government Legal Services Framework. Drawing on the firm’s specialist expertise in several areas, Morton Fraser is set to provide legal advice across each “lot” it applied for, including litigation, reparation, employme

Alba Bank – a Scottish challenger bank dedicated to supporting SMEs – has named Robert Sharpe as chair of the board and Andrew Lewis as chief risk officer as it gears up for launch. Moving into his new role as chair, Mr Sharpe brings with him over 45 years’ experience in retail ban

Shepherd and Wedderburn has appointed Sam Clarke as a partner in the law firm's real estate finance group. Joining from Acuity Law, where he was head of real estate finance, Mr Clarke brings over 16 years’ experience advising financial institutions, developers, investors and listed corporates

Aberdeenshire-headquartered construction group, Bancon, has appointed Kevin McColgan as its new chief executive. The experienced construction industry leader will take over the reins of the group, which comprises Bancon Homes, Bancon Construction and Deeside Timberframe, in September this year, foll