News

Venture capital (VC) investment in Scottish businesses has dropped significantly in terms of value and volume in Q1 2023, with only 14 deals having raised around £70 million, the lowest for an opening quarter since 2020, according to KPMG UK's Venture Pulse Report. This slump is attribute

Scottish business sentiment has reached its highest level since 2021, according to the latest Addleshaw Goddard Scottish Business Monitor report. Despite the majority of firms expecting weak growth, nearly all sectors reported an improvement in business volume in the most recent quarter. With energy

CMS is staging a half day conference later this month focused on managing opportunities and risks around energy transition.

Gilson Gray Financial Management (GGFM) has acquired boutique wealth management firm Wilson Financial, marking its fourth deal in the past year. The St Andrews-based wealth management firm — founded by Gavin Wilson in 2018 as part of the St James Place partner network — expands

According to the latest data from the Royal Bank of Scotland Report on Jobs, hiring conditions across Scotland deteriorated at the start of the second quarter.

Kin + Carta, a global digital transformation consultancy, has acquired Edinburgh-based data service provider Forecast Data Services, boosting its enterprise data and AI capabilities. The acquisition doubles Kin + Carta's European data practice with over 100 data specialists, enhancing its data trans

The UK government is considering an update to the Direct Recovery of Debts (DRD) legislation that would enable HM Revenue & Customs (HMRC) to seize cryptoassets from businesses evading tax.

Renfrewshire Council is to form a Development Partnership LLP with Tarras Park Properties Ltd, part of Buccleuch Property, to secure investment into the Advanced Manufacturing Innovation District Scotland (AMIDS).

Helen Page, former chief brand officer of Clydesdale Bank owner Virgin Money UK, is set to join Edinburgh and Toronto-based Label Sessions as chair of the board. Label Sessions, a global platform with the mission to connect business leaders to "the best advice from the most interesting people", aims

Ellon-based Still Spirit has launched a new whisky cask warehouse, offering whisky enthusiasts a complete cask ownership experience. The £1 million facility houses over 2,000 casks and has been carefully developed to allow Still Spirit to offer a full suite of cask services to private cus

The Italian government is facing calls to crack down on "questionable mozzarella" made abroad and marketed as Italian. A product purporting to be sliced mozzarella, produced in Austria by a Chinese-headquarted company but featuring the Leaning Tower of Pisa on its packaging, has been reported to min

Canary Wharf Group (CWG) has entered into a 15-year power purchase agreement (PPA) with global asset manager and renewable energy provider Brookfield to buy clean energy and support the construction of a new wind farm in Scotland.

Perthshire-based Davidsons Chemists has acquired five new pharmacies from Lloyds across Tayside. The acquisition will see two new pharmacies in Dundee, in Menzieshill and Lochee, as well as units in Auterarder, Kirriemuir and Montrose.

Skipton Building Society is set to offer 100% loan-to-value (LTV) home loans for the first time since the 2008 financial crisis, targeting first-time buyers unable to save for a deposit.

Accountancy body the Association for Chartered Certified Accountants (ACCA) has called for improved reporting on poor payment practices and an extension of the power of the Small Business Commissioner (SBC), as part of action to tackle the crippling effect of late payment on small businesses. In its