News

Aberdeenshire-headquartered integrated services provider AquaTerra Group has undergone a management buyout spearheaded by managing director Stephen Taylor for a seven-figure sum. Mr Taylor has acquired the majority share of the company, while Nigel Whitton, commercial director and Frank Hall, marine

Unity Trust Bank has appointed Dawn Morris to the new role of deposits relationship manager for the North & Scotland to help develop the bank’s growing customer portfolio. Bringing over three decades of banking experience to the role, Ms Morris will work with new and existing day-to-day ba

Venture capital investment in Scottish start-ups has surged in Q3 of 2023, with a total of 28 deals amounting to £202 million, according to KPMG’s latest Venture Pulse report. This marks the highest quarterly value since Q2 2022 when £325m was recorded over 45 deals. The rebound co

The Property Finance team at responsible investment manager Downing LLP has started to offer sustainability-linked facilities to property developers. Sustainability-linked loans (SLLs) are loans where the interest rate is linked to the borrower's ability to meet pre-defined sustainability targets. U

Affluent individuals and families have been presented with a once-in-a-generation window of opportunity to invest some of in Edinburgh's most sought-after commercial properties.

Scotland’s organisation for tackling cyber and fraud crime, Cyber and Fraud Centre – Scotland, has issued a plea for additional funding to be allocated to fighting organised crime and building cyber resilience through a new multi-agency hub. Results have revealed that over £3 milli

Aberdeen-based Parkmead Group has announced a substantial pre-tax loss of £35 million after impairments related to the relinquishment of North Sea licences.

KPMG UK's partnership ranks have dwindled to less than half the size of its rival PwC's, with a 7% decrease in equity partners over the past year.

Aberdeen Football Club has turned a net profit of £1.1 million for the year ending 30 June 2023, a notable rebound from a cumulative net loss of £14.8m.

Debbie Connolly, AAB Wealth’s director for Northern Ireland, has been honoured with the Financial Adviser of the Year award for Northern Ireland & Scotland at the Women in Financial Advice Awards 2023. With an over 16-year tenure in bespoke financial services, Ms Connolly joined the AAB We

Edinburgh-based insurance broker TL Dallas has enhanced its team with the appointment of two seasoned private client insurance brokers, Gayle Halliday and Siobhan Smith, as a result of increasing client acquisition. Ms Halliday and Ms Smith both join from a local Edinburgh broker and bolster TL Dall

Investment into Scottish commercial property reached £330 million in Q3, around 33% below the five-year quarterly average of £500m according to Colliers’ latest Scottish Snapshot.

A rare bottle of Macallan whisky has sold for £2.2 million making it the highest-priced whisky to ever be sold at auction.

Deloitte has announced the winners of the 2023 UK Technology Fast 50 awards, with four Scottish companies among the ranking and Glasgow company Utopi claiming the inaugural CleanTech award. The awards recognise and rank the 50 fastest-growing technology companies in the UK based on average revenue g

Resilient consumer spending may have helped the Scottish economy avoid a recession, but economic growth has been flat since Q2 of 2022 and will remain into 2024 when GVA is expected to rise by 0.3%, according to the EY ITEM Club Scottish Autumn forecast. The forecast adds that sentiment among busine