News

Santander has announced it will start capping bank transfers to crypto exchanges starting this month. Following warnings from the Financial Conduct Authority (FCA) on the risks of investing in cryptoassets, the bank has been gradually taking more steps to reduce the risk to consumers falling prey to

An all-inclusive holiday in Egypt has been advertised as cheaper than living in the UK this winter amid rising bills. The 28-day 'Escape the UK' holiday launched by easyJet holidays is priced at £650 per person per month, which includes travel, accommodation, food and costly outgoings like bro

The first 200 casks of Dunnet Bay Distillers’ Stannergill Whisky have been put on sale by Whisky Hammer. The Caithness-based distillery, which produces the internationally renowned Rock Rose Gin and Holy Grass Vodka, has just announced a £4m expansion into whisky, partnering with Ellon-b

Experienced cybersecurity and international B2B Software as a Service (SaaS) CFO, Mark Wheelhouse, has joined Cyacomb’s senior leadership team. Based in Edinburgh, Cyacomb is an online safety company that specialises in harnessing the power of data and technology to help law enforcement, socia

Nearly £900m pounds (£895m) was invested into businesses in Scotland by private capital firms in 2021, a new report has set out.

Profit warnings issued by UK-listed companies with a defined benefit (DB) pension scheme increased by 38% year-on-year in the third quarter of 2022. EY-Parthenon’s latest Profit Warnings analysis finds that the number of profit warnings issued by UK-listed firms with a DB scheme rose from 13 i

West Lothian has the highest rate of successful Start Up Loans applications per adult in Scotland, laying its claim to being the country’s most entrepreneurial local authority area, according to new analysis by the British Business Bank. Released to mark the beginning of Business Finance Week,

Executive pay levels at FTSE 100 companies have largely returned to pre-pandemic levels, PwC analysis following the end of the 2022 AGM season shows.

Dundee-based sustainable cleaning product manufacturer and supplier, Ecoanolytes, trading as Dew, has secured six-figure investment, supported by Thorntons’ specialist high growth team. The funding, worth £400,000, will enable the business to progress its ambitious growth plans following

Scottish mid-tier accountancy & business advisory firm French Duncan has appointed Colin Brown as tax director. Mr Brown joins a 22 strong tax team at French Duncan, and will advise clients in the UK and overseas on a range of private tax matters. He brings over 25 years’ experience and hi

Chad Griffin and Tom MacLennan, joint administrators and partners with FRP Advisory, have instructed Savills to bring the well-known Category B Listed Edinburgh Filmhouse building to the market. The Edinburgh International Film Festival, the Filmhouse and Aberdeen’s Belmont cinema were closed

Savills has sold The Dunstane Houses, a luxury 5-star boutique hotel in Edinburgh, on behalf of a private owner operator to Roseate Hotels for an undisclosed price. The property was marketed at a guide price of £7.5 million.

Malcolm Bell, Nichola Brown, Jennifer Henderson and Ruth MacLeod have been appointed as members of the Accounts Commission. The new members were confirmed by Ben Macpherson MSP, minister for social security and local government.

A UK subsidiary of the mining company Glencore has been told to pay more than £280 million after it bribed officials in African countries in order to access oil. The company paid $26m (£23m) through agents to officials of crude oil firms in Nigeria, Cameroon and Ivory Coast between 2011

A judge has ruled that an independent monitor should be appointed to oversee the Trump Organization's finances to "ensure there is no further fraud or illegality" pending the outcome of a $250 million (£223m) lawsuit. New York's attorney general, Letitia James, last year launched a lawsuit aga