News

Battery cell manufacturer AMTE Power has said it is urgently seeking further investment as the company is at risk of administration.

Scottish charity Enable is set to extend its social care, employability, and community-based services to an additional 2,000 individuals, thanks to a £1.5 million funding injection from responsible finance provider Social Investment Scotland (SIS). The charity currently supports over 11,000 pe

A man who ordered a new laptop from Amazon costing £500 has received two boxes of Weetabix instead.

Oil and gas lawyer Calum Crighton has been appointed as a member of the Decom Mission board of directors. Decom Mission is a trade association focused on the international decommissioning energy sector.

The Institute of Chartered Accountants of Scotland (ICAS) and the Law Society of Scotland have called on the Scottish Government's newly formed tax advisory group to embark on an active reform agenda. In a joint letter to the Scottish Government, they underscored the necessity for improved public aw

Financial services firm Armstrong Watson has welcomed industry veteran Brian Rudkin to helm its employment tax services. Joining from Johnston Carmichael, where he was director and head of employer services, Mr Rudkin has over 30 years' experience in the areas of employment taxes, staff reward

Shoosmiths has reported a record financial year in FY22-23, with a revenue increase of 7% to £194.1 million. Net profit increased by more than 3% year-on-year to £62.7m, and the firm sustained a strong PEP of £676,000 (marginally up on last year’s £675,000).

The Cumberland Building Society has invested more than £45 million into Scotland’s tourism sector in the last two years. Scotland’s tourism sector has faced increasing adversity in the last few years. The pandemic saw tourism nationwide face significant pressures and the recovery f

St Andrews Timber and Building Supplies has launched a new landscaping division of the business as part of a £1 million expansion. The Edinburgh-based firm serves both trade and retail customers across the Scottish central belt from four locations in Edinburgh, Livingston and Paisley with over

In the risk-crazed world of crypto a new 'meme coin', named Evil Pepe Coin, has launched its presale event attempting to woo investors following the meteoric growth of similarly-named Pepe Coin earlier this year. With increasing popularity, investors have been betting on new cryptocurrencies, taking

The UK's inflation rate witnessed a greater-than-expected drop to 7.9% in June, a 13-month low, due to a decrease in petrol prices, as reported by the Office for National Statistics (ONS). This figure represents a noteworthy decline from May's 8.7% inflation rate, the weakest since the onset of the

In a bid to expedite the whisky industry's progress towards net-zero emissions, Chivas Brothers has made its pioneering heat recovery technologies open source. The Scotch whisky business, a division of Pernod Ricard, owner of brands including Chivas Regal and The Glenlivet, makes the move on th

Glasgow-based industrial strapping, banding and load securing firm, Reid Brothers UK is poised for expansion with support of a six-figure funding injection from UKSE. With roots tracing back to 1868, this is the firm's third funding round from UKSE with previous support enabling a management buy-out

Approaching its 150th anniversary, Scottish food and drinks wholesalers Dunns Food and Drinks has announced an ambitious growth target. The family-owned company, founded by Joseph Dunn in 1875, aims to achieve a turnover of £50 million by 2025, a significant rise from the £37.5m rec

Business and financial adviser Grant Thornton UK LLP has migrated its Edinburgh office to a new state-of-the-art workspace located on the fifth floor of 7 Castle Street. With 4,200 sq ft at the refurbished 11,983 sq ft Grade A office building, the new space provides the Scottish team with a sustaina