News

A prestigious art gallery has sacked a worker who secretly put one of his own paintings on public display. The Pinakothek der Moderne in Munich said the 51-year-old technical employee smuggled the 60cm x 120cm painting into the building and installed it on an empty wall.

Glasgow-based Intelligent Capital has been acquired through Canaccord Genuity Group's wealth management business in the UK. Professionals of Intelligent Capital will begin to operate under the Adam & Company brand, an Edinburgh-based wealth management firm once owned by RBS and acquired by Canac

Affordable Scandi homewares retailer Søstrene Grene has announced its plans for three new locations in Scotland, with upcoming openings in Aberdeen, Edinburgh and Glasgow.

While many are struggling to meet financial commitments, the picture has improved over the last year, according to the Financial Conduct Authority (FCA).

Glasgow-based housebuilder Briar Homes is looking to develop an initial pipeline of 310 new highly efficient homes (including 66 affordable properties) after securing an initial £7.3 million funding package from Bank of Scotland and Housing Growth Partnership (HGP).

Scottish startup Clyde Hydrogen Systems has completed a £1 million pre-seed funding round, marking a significant milestone in its mission to revolutionise the hydrogen energy sector.

EQ Accountants has announced its merger with Douglas Home & Co. Part of EQ's expansion plan to triple its turnover in the next five years, the alliance will see the firm's office count increase to 10 locations across Scotland and Northern England, with a combined workforce of 210 professionals.

Patrick Macdonald, chair of the the Institute of Directors and founding partner of the Edinburgh-based School for CEOs, has been elected a Fellow of the Royal Society of Edinburgh (FRSE). The RSE is Scotland’s national academy with a fellowship of 1,800 drawn from the sciences, arts, busi

Investment manager abrdn has again defended its rebrand, after the company's chief investment officer (CIO) claimed the ongoing mockery amounted to "corporate bullying". In an interview with Financial News, CIO Peter Branner said the media was engaging in a "childish" game by persistently poking fun

Financial services business volumes have grown at a fast pace in the Q1 of 2024 after having fallen in Q4 of 2023, according to the latest CBI Financial Services Survey. Firms expect volumes to increase at an even quicker rate over the next three months.

Consilium Chartered Accountants has advised EDC Group on the successful transition to an employee ownership trust (EOT). Consilium provided corporate finance and tax advisory services to the outgoing owners of the business who have now sold 100% of the company shares to the trust.

New whisky data analysis has revealed that in 2023 whisky prices at retail were 50-75% higher than at auction, making it far more economical to purchase whisky at auction than at a whisky shop.

As ‘Swifties’ prepare to be dazzled at Edinburgh’s Murrayfield Stadium this June, demand for hotel rooms in the city has rocketed due to the ‘Taylor Swift effect.’ Audit tax and consulting firm RSM UK found one budget hotel in the city was increasing its nightly room ra

Scottish fintech companies are making their mark on the global stage, with FinTech Scotland leading a delegation to participate in New York Tartan Week and New York FinTech Week. Led by FinTech Scotland CEO Nicola Anderson, FinTech Scotland is accompanied by a select group of innovative Scottish fin

Edinburgh-based private bank Hampden & Co has experienced a nearly 20% increase in new client numbers during the financial year 2023, reaching a record high of 5,598. Client growth was driven by demand for personalised banking and bespoke lending following introductions from existing clients, pr