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Dundee-based tech firm Waracle has agreed to acquire Screenmedia, a Glasgow-based design and software engineering agency, for an undisclosed sum. With its expertise in mobile app, digital product development and artificial intelligence, the acquisition pairs the 145-strong team at Waracle &ndas

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Employee ownership in Scotland is has rapidly accelerated, with nearly 300 employee-owned businesses having a growing economic impact, according to Lindsays. Lawyers at the firm have been involved in more than 20 deals in recent years where the control of businesses of all kinds has transferred to e

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RBS-owner NatWest Group has agreed to buy a significant portion of Sainsbury's banking business. The banking group will acquire approximately £2.5 billion of gross customer assets, comprising £1.4bn of unsecured personal loans and £1.1bn of credit cards balances, together with appr

ey
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EY has launched its first Scottish fintech lab in Edinburgh, following the Big Four firm's first successful lab in London. The lab is designed to collaborate with start-ups and scale-ups to create innovative solutions to key financial challenges across the UK region, with a particular focus on susta

ai
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Edinburgh-based AI legal assistant platform Wordsmith has received $5 million (around £3.94m) in seed funding. The company's platform aims to enhance lawyers' productivity, allowing them to focus on higher-value work. By automating routine tasks, the platform claims customers get 90% of the th

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