News

Satellite-enabled cloud services company Mangata Networks has announced it has chosen Scotland as the location for its research & development activities as well as satellite manufacturing, space systems and core network operations. Over the coming few years, up to 575 new jobs will be created as

Over half a million UK small and medium-sized enterprises (SMEs) are spreading Christmas cheer among their workforces this year by giving the gift of time, according to the latest quarterly Barclays SME Barometer. 10% of the UK’s 5.6 million SME businesses said they’ll be gifting each em

McKee Campbell Morrison (MCM) has welcomed Colm Kerr who joins as associate director, Marc Waters who joins the insolvency and litigation team as solicitor, and Darcy King to the private client team as trainee paralegal. Mr Kerr joins from Dentons and will be working as part of MCM’s corporate

The board of Aberdeen New India Investment Trust PLC has announced the company’s net asset value (NAV) increased by 5.9%, in its unaudited results for the six months to 30 September 2022. In what was a turbulent six months the trust's NAV increase was lower than its benchmark, the MSCI India I

PwC's offices are set to shut for the first time over Christmas to reduce energy costs and usage amid the energy supply situation this winter.

A solicitor who swindled American investors out of $16 million (£13m) while acting for them in the purchase of the iconic Taymouth Castle in Perthshire, where Queen Victoria spent her honeymoon, has been sentenced to 12 years in jail — a term believed to be a new record for a lawyer

Microwave health tech pioneer Emblation has acquired a US distributor for an undisclosed sum as part of its growth strategy. The Scottish-based firm has been undertaking a two year-long period of major expansion and says the acquisition of Saorsa Inc will help fuel the next phase of its development.

A mac and cheese manufacturer is being sued for $5 million over claims its "ready in three-and-a-half minutes" label is slightly inaccurate. A new lawsuit alleges that the time advertised on Velveeta's microwaveable mac and cheese doesn't account for the time needed to open the packaging or stir the

Deloitte’s technology, media and telecommunications (TMT) practice has revealed its predictions for the sector in 2023.

Irn-Bru producer AG Barr has announced the acquisition of Boost, a branded drinks business, in a £32 million deal. The deal is for an initial consideration of £20m, on a debt free cash free basis, and an additional consideration of up to £12m, dependent on future revenue and profit

A local firm has been awarded a £2.7 million contract to develop eight new business units at Broadford Industrial Estate on the Isle of Skye.

Accountants Chiene + Tait (C+T) have announced the appointment of Kasia Kozak as audit director in a recent series of appointments. A qualified Chartered Accountant, Ms Kozak joins from Johnston Carmichael where she led audits for boutique asset managers, private equity funds and other financial ser

Abrdn and the John Lewis Partnership have announced an agreement to bring forward 1,000 new homes in three build-to-rent schemes in London and the South East with a gross development value of circa £500 million. The joint venture brings together a strong complementary set of capabilities: the

The return of Scottish fund manager abrdn and engineering firm Weir Group to the FTSE 100 has been confirmed by the index's management group.

Scotch whisky specialist Hunter Laing has revealed record pre-tax profits of £7.3 million for the year ended 30 April 2022, up from £5.5m in 2021, in its latest accounts. The Glasgow-based firm achieved sales growth of 15% to £18.3m, up from 15.8m. International sales reached &poun