News

Scottish dental group Clyde Munro has acquired its 75th practice – with deals agreed in principle for a number more to join its network in the coming months. Clyde Munro has been buying dental practices in Scotland at a rate of three per month, as it continues to deliver on its ambitious growt

The Cabrach Distillery has agreed a seven-figure deal with fellow Moray firm, the Rothes coppersmith Forsyths, to complete construction of Scotland’s newest Single Malt Scotch Whisky distillery which will operate as a one-of-a-kind social enterprise. In an industry first, The Cabrach Trust, th

A new report released today by Barclays Corporate Banking reveals that click-and-collect shopping will be worth £2.55 billion in Scotland this year, representing 38.4% of retail income north of the Border. This growth follows the broader national trend, that has seen the click-and-collect econ

A unique event that brings together trade specialists from across the world to highlight global trade opportunities for Scottish firms will make a welcome return in Edinburgh today. Almost 60 companies from across the country will attend the Scotland Global Insights event at Murrayfield Stadium to l

A Financial Conduct Authority (FCA) review of business interruption claims handling has welcomed insurers quickly paying out interim payments, reallocating resources quickly and proactively communicating with policyholders to help them with claims following the test case judgment handed down by the

Financial mutual Scottish Friendly has appointed Alan Rankine as its new chief financial officer (CFO). Mr Rankine is currently chief actuary at Scottish Friendly and will take up his new role from 1 January 2023. As well as becoming CFO, he will take up the position of an Executive Director of the

Kim Kardashian has agreed to pay a $1.26m (£1.12m) fine for advertising EthereumMax on her Instagram page without disclosing that she had been paid to do so. The US Securities and Exchange Commission said the celebrity had received $250,000 for advertising the cryptocurrency, without disclosin

Scottish national care home provider, Renaissance Care, has appointed Liam Bain as its new finance director. Liam Bain has previously held roles at Pebbles Care – a group that provides care for young people in Scotland – and Fosters Funeral Directors. Mr Bain brings with him a wealth of

The joint administrators of Arjowiggins Group’s ten UK subsidiaries has said they are continuing to explore potential interest in the AW Group's business and assets. However, in the event that it cannot secure an acquisition, Interpath Advisory will continue to wind down operations at each Mil

Big four accountancy firm PwC is returning to a larger selection of university campuses after a two-year break during the COVID-19 pandemic, in an effort to boost recruitment. The firm has expanded the number of university campuses it will visit from 75 or 80 to more than 100 locations as it extends

Eilidh Mactaggart, the former chief executive of Scotland's state-backed investment bank, The Scottish National Investment Bank (SNIB), was paid more than twice as much as First Minister Nicola Sturgeon. The SNIB's first year results have revealed that Ms MacTaggart received almost £350,000, d

The first signs of the cost-of-living crisis in pensions is beginning to emerge, a Pensions and Lifetime Savings Association (PLSA) survey of 112 pension schemes has found. One in five pension schemes surveyed by the PLSA have seen savers asking about reducing or stopping their pension contributions

Early-stage companies bringing new products and services into Scotland’s bioeconomy are to be offered free support through Biotech Innovators – a new accelerator programme that will provide SMEs, spinouts and start-ups with access to commercial and technical expertise. Launched today by

More than 8 out of 10 Global and UK CEOs anticipate a recession over the next 12 months, according to new research from KPMG. The KPMG 2022 CEO Outlook asked more than 1,300 CEOs at the world’s largest businesses about their strategies and outlook – including 150 in the UK – reveal

Scotland’s economy is likely to contract in the second half of 2022, according to researchers at the Fraser of Allander Institute. The Institute’s quarterly Economic Commentary, which includes an assessment of all the key latest data on the UK and Scottish economies, is published today.