News

HSBC has become the first bank to offer tokenised gold to customers. The bank has revealed a platofrm that utilises distributed ledger technology to tokenise the ownership of institutional clients’ physical gold held in the bank’s London vault.

Chivas Brothers, the Pernod Ricard business dedicated to Scotch whisky, has opened the doors of its Glentauchers distillery to the wider spirits industry to share its successful implementation of heat recovery technology at the company site.

Socially driven coaching and training enterprise, Know You More, is expanding its programmes for young people throughout Scotland, with free coaching and training on offer for those aged 18-25 thanks to a £100,000 funding boost from Social Investment Scotland (SIS). Thanks to the funding Know

Aberdeen developer Drum Property Group has announced pre-tax profits of £9 million as the firm hailed another year of strong growth. Drum said it continued to deliver “transformational” developments across the residential, leisure and business space sectors in Scotland and beyond i

In the latest economic update, Scotland's onshore GDP reported a slight increase of 0.1% in August. This modest rise follows a 0.2% growth in July and compensates for the 0.1% dip experienced in June. The service sector, which accounts for around three quarters of the economy, saw a 0.5% increase af

The Easdale Investment Group has gained approval for a new £15 million housing development on the site of the former 19th-century Tate & Lyle sugar refinery in Greenock, almost 27 years after the sugary refinery shut down. The 5.2-acre elevated site is located on Drumfrochar Road, Greenock

The Scottish Government has unveiled new funding initiatives aimed at promoting entrepreneurship among under-represented communities. A total of 42 recipients will share £1.6 million through the Ecosystem Fund, while 20 projects will receive £1.3m through a new Pre-Start Pathways Fund.

Family and owner-managed businesses across the region are being urged to take part in a survey to help provide vital insight into the challenges they face, aspirations they have and opportunities available. Accountancy firm Armstrong Watson, which operates in Scotland and across the North of England

Morton Fraser MacRoberts has completed its merger. The deal means the new firm has £46 million in annual revenues and is over 30% larger by turnover than its nearest rival.

A fashion worker is suing Stella McCartney’s label for £100,000 after she allegedly suffered a severe ankle injury during a photoshoot. Chloe Mickelborough, 31, claims the incident took place at McCartney’s Milan base in 2018, resulting in a broken heel and long-term pain. Mickelbo

Manchester-based courier company Speed Couriers has purchased Glasgow-based Caledonian Couriers, owned by Carole Henderson, in a private deal for an undisclosed sum.

Aberdeen-based Trojan Energy, known for its innovative flat and flush on-street charging system for electric vehicles, has secured nearly £500,000 in funding from the Low Carbon Manufacturing Challenge Fund. Founded by ex-oil and gas engineers, the company's technology offers a clutter-free so

Recent data unveiled by ACCA has highlighted significant issues UK accountants face when interacting with HMRC services at even the most basic level. Over half (52%) of the surveyed UK ACCA members voiced concerns that HMRC's service quality was negatively affecting their work efficiency. This

Recent reports indicating that the UK government is contemplating a reduction, and eventual abolition, of Inheritance Tax (IHT), have been welcomed by Scottish estate and letting agency DJ Alexander Ltd. Described by many homeowners as the UK's most inequitable tax, IHT accrued £3.9bn between

Financial mutual Scottish Friendly has appointed John McGuigan onto the board as a non-executive director. Mr McGuigan has over 25 years’ experience operating at senior executive levels across a number of sectors. A customer director, he draws on a profound understanding of the changing needs