News

Property and private equity manager, Maven Capital Partners, and London-based investment firm, Glenmore Group, alongside Aberdeen-based construction firm CHAP Group, have commenced construction on a new £19 million purpose-built student accommodation (PBSA) complex in Dundee's city centre

Law firm Shoosmiths has officially opened its new office in Edinburgh, part of the £350 million mixed-use development at 1 Haymarket Square, with a jazz and cocktail reception attended by over 150 staff and guests. The Edinburgh-based office represents the first occupancy in Haymarket Square,

Property management firm LOMOND has expanded its footprint in Scotland with the acquisition of Purplebricks' entire Scottish rental portfolio for an undisclosed sum. All properties under the deal will transition seamlessly to Lomond's primary Scottish subsidiaries – DJ Alexander, which op

The power of AI to disrupt and cause chaos was witnessed on Monday this week when a realistic AI-generated image of an explosion at the U.S. Pentagon circulated on Twitter.

Anne Boden, the founder of Starling Bank, is to step down from her role as CEO, effective from 30 June, transitioning to a non-executive role on the board. John Mountain, the current COO, will assume interim CEO responsibilities, steering the digital bank into its forthcoming growth phase.

Over a quarter of all property taxes in the last year were contributed by investors and second home buyers, according to property firm DJ Alexander. DJ Alexander revealed these figures based on the latest statistics on Land and Building Transaction Tax (LBTT).

Edinburgh-based payment orchestration provider BR-DGE, has teamed up with Volt, a global real-time payments gateway, in a bid to fortify its anti-fraud capabilities for merchants. This alliance will give BR-DGE merchants the advantage of utilising Volt's Open Banking tool, linking to over 1,800 inte

Tayport Distillery has unveiled its latest product, a meticulously crafted coffee liqueur, marking a milestone in the company's commitment to deliver top-notch spirits. The coffee-infused liqueur is the result of months of in-depth research and experimentation led by head distiller Alasdair McDougal

Scottish firms, once profitable but financially strained during the COVID-19 pandemic, are now feeling the pinch of a cost-of-living crisis, leading to record levels of insolvency activity, according to Wylie & Bisset, an accountancy and business advisory firm. R3, the insolvency and restructuri

Blackfish Engineering Design, a company specialising in offshore engineering, has launched its services into Scotland to tap into the rapidly growing offshore wind sector – with the goal of helping operators accelerate innovation and drive down cost. Based in Bristol, Blackfish has establ

Scottish tech firm STC INSISO has secured two significant SaaS (software as a service) contracts, due to run over the next three years, worth an estimated £200,000. Over the next three years, STC INSISO will be delivering its digital supply chain management platform, Vendorse, to oil and gas c

Perth-based power generator and network operator, SSE, has revealed a near doubling of annual profits, driven by surging energy prices which fuelled a boom for its gas-fired power plants.

Engineering firm, Brimmond, is celebrating a record financial year, having realised a turnover of £6.5 million, marking a 10% increase from the prior year. Now, the firm forecasts a promising £10 million turnover for the 2023/2024 fiscal year.

April witnessed a significant surge in insolvency-related activities in Scotland, the highest this year, new research by R3, the insolvency and restructuring trade body, has revealed. R3’s analysis of data provided by Creditsafe shows there were 122 cases of insolvency-related activity, which

Beijing's metro commuters have begun using a new palm print payment system, possibly making them the first to do so worldwide. This new technology was deployed on Sunday on the Daxing airport metro line by Chinese tech giant, Tencent. To operate the system, passengers register their unique palm prin