News

Scottish renewables company Renewco Power has announced its expansion into the US with the acquisition of several key projects. Renewco has agreed on a deal to acquire a 1.5GW pipeline of early stage utility-scale solar projects alongside 500MW of battery storage projects from Beaufort Rosemary, a V

Highlands and Islands Enterprise (HIE) has opened up applications for the third round of its Young Business Capital Investment Grant (YBCIG). Open to companies with up to 250 full-time equivalent employees, young businesses and social enterprises in the Highlands and Islands that want to increase pr

The Institute of Directors (IoD) has released polling data from its members showing that the temporary capital investment tax ‘super-deduction’ has had a significant positive impact. The super-deduction was introduced in Budget 2021 for two years to increase levels of business investment

The cost of doing business is in crisis mode and is undermining Scottish business recovery and growth, according to the latest findings from a Scottish business survey by the Scottish Chambers of Commerce (SCC). Rising prices of energy, food and raw materials, coupled with labour market insecurity a

A vampire-slaying kit has been sold at auction for £13,000. The kit, which was once owned by a British aristocrat, caused an international bidding war before selling for six times its estimated price, according to Hansons Auctioneers.

Lloyds Banking Group has announced the appointment of Scott Wheway as chair of Scottish Widows Group. Mr Wheway will also be appointed non-executive director of the banking giant and Scottish Widows. His appointment at the pensions firm will come into effect on September 12 this year.

R&D tax credit specialist firm Amplifi Solutions has added to its client base in Scotland, with digital transformation specialist ClearSky Logic, mobile ticketing and sports fan experience startup Fanbase, and European candle-making supplier Candle Shack. Jamie Watts, commercial director of Ampl

Financial planning firm AAB Wealth has announced its expansion into Northern Ireland with the appointment of chartered financial planner, Alastair Moore, following the recent merger of AAB Group with FPM. Mr Moore, originally from County Down, Northern Ireland, previously worked for AAB Wealth for f

Two fast growth businesses from Scotland have been shortlisted to pitch to industry experts as part of KPMG’s global search for the UK’s next tech disruptor. Novosound, an ultrasound imaging firm, was crowned the winner of KPMG UK’s Emerging Giants Tech Innovator Scottish heat in G

More than a third (36%) of Big Four accountancy firm EY's new equity partners are women, as the company promoted a record number of partners this year.

A one-week work placement has led to a promising career for an Aberdeen trainee, who has become one of the youngest in Scotland to complete their financial diploma. Having joined Acumen Financial Planning from school, Andrew McRae has combined working and studying and recently passed his R02 Level 4

Henderson Loggie has promoted tax director Dawn MacDougall and audit and accounting director Blair Davidson to partner. The new additions have brought the total number of partners in the Dundee-based firm to 18.

A man has fled after receiving 330 times his normal monthly salary due to a payroll error. The employee of Chilean food producer Consorcio Industrial de Alimentos received a paycheck of 165,398,851 Chilean pesos (£146,000) for the month of May, Fox News reports - in excess of 300 times hi

Scottish renewable energy company, Orbital, reached a significant operational funding milestone with financing from the Scottish National Investment Bank (SNIB).

A £429,000 project to expand production and create new skilled jobs at Argyll-based specialist manufacturing firm Midton Acrylics Limited has secured a £147,618 investment from Highlands and Islands Enterprise (HIE). The Lochgilphead already employs 43 people and has built a global reput