News

Scotland has reaffirmed its standing as the top UK destination for financial services foreign direct investment (FDI) outside London, with the UK overall retaining its position as Europe's most appealing location for FDI in the sector, according to EY's most recent survey.

Edinburgh-based venture capital (VC) firm Par Equity has attained B Corp certification, further solidifying its commitment to sustainable and socially responsible business practices. The certification, often seen as the gold standard for social and environmental performance, marks the company as a l

Scottish financial professionals are liberated to add even greater value by the advance of digital technology, according to Helen Brand, chief executive of the Association of Chartered Certified Accountants (ACCA). In a recent address to the PrimeGlobal business leadership conference in Edinburgh, M

CBRE has taken full occupancy of its new office in the prime city centre development of Marischal Square in Aberdeen, establishing a key hub in North-east Scotland. The Aberdeen-based advisory team, comprising 15 employees, have relocated from their previous West End premises on Albyn Terrace to a s

Dundee-based aquaculture technology firm, ACE Aquatec, has received £2.5 million in investment from sustainability-focused investor, Earth Capital.

Aberdeen social care charity VSA appointed Sue Freeth as its new chief executive officer. An experienced figure in the charity sector, Ms Freeth's career spans over four decades, during which she has held both executive and non-executive positions in various UK social care charities.

Scottish commercial landlords are grappling with new energy performance certificate (EPC) legislation and future decarbonisation targets, according to a report by audit, tax and consulting firm RSM UK. Increases to minimum EPC ratings have already been legislated in England and Wales, with all comme

The implementation of Scotland's Deposit Return Scheme (DRS) has been postponed until at least October 2025. The announcement comes in response to the UK government's refusal to grant a full exemption from the Internal Market Act, according to Circular Economy Minister Lorna Slater. The UK governmen

Insolvency practitioners Mark Harper and Steven John Parker, partners at Opus Restructuring and Insolvency, have been appointed joint provisional liquidators of two Scottish care firms, Hogganfield Care Ltd and Skye Care Limited, on 5 June 2023. Hogganfield Care operates a 44-bed nursing home, Hogga

Scotland's housing market activity has continued to experience a slowdown in May, with indicators suggesting that potential increases in interest rates might further pressure the market, according to the recent Residential Market Survey by the Royal Institution of Chartered Surveyors (RICS). As was

Loch Lomond Group, has extended its partnership with the R&A for The Open and AIG Women’s Open.

Mark Munro has been appointed to the new role of chief investment officer (CIO) at the Scottish National Investment Bank. With more than 20 years of corporate and investment banking experience in Scotland, the UK and internationally, Mr Munro joined the bank in early August 2021 as executive directo

Sir Ivan Menezes, chief executive officer of Diageo, has passed away following a brief illness. Javier Ferrán, chairman, Diageo plc, commented: “This is an incredibly sad day. Ivan was undoubtedly one of the finest leaders of his generation.

The Q1 2023 Household Finance Review released by UK Finance has revealed that the enduring inflation and escalating interest rates have begun to pressurise household spending, savings, and borrowing. Notably, affordability issues for potential house buyers have increased due to a combination of tigh

Agricarbon, a Dundee-based automated soil carbon measurement firm, has joined forces with European climate tech investment marketplace HeavyFinance to launch a climate initiative focusing on carbon impact measurement. The joint venture will spearhead a 20,000-hectare project in Lithuania, aiming to