News

Smaller businesses in Scotland have the greatest understanding of the language and information on emissions and green issues in the UK, according to a new study commissioned by the British Business Bank. Only around two-fifths (39%) of Scottish respondents said they felt the language, terminology an

Highland-based Caley Timber and Building Supplies has laid the foundations for further success and guaranteed the future of more than 20 jobs with a switch to employee ownership. Caley Timber and Building Supplies was established by Donald John Morrison in 2003, and with depots in Inverness and Uist

Millions of UK bank account holders are putting themselves at a much greater risk of fraud by ignoring crucial warnings provided by the Confirmation of Payee (CoP) service, according to new research by Lloyds Bank. When sending money online to someone that hasn’t been paid before, Confirmation

A new initiative has been launched to support young entrepreneurs in Scotland who are thinking of setting-up companies with a social or environmental purpose. The Inclusive Business Models Project draws together case studies from a variety of Scottish business leaders who have chosen to divert from

Glasgow-based fintech Guiide has appointed Michael Power, former CEO of Delta Financial Systems Ltd, as its new non-executive chairman. Having previously founded, grown, and scaled up Delta Financial Systems from a startup to its sale in 2020 to ASX-listed Bravura Solutions, Mr Power's expertise in

Aberdeen-headquartered developer and operator of environmental technology solutions SEM has announced the appointment of Adrian Morley as its new chief financial officer (CFO), as the business is poised for significant global growth. Adrian Morley will play a critical role in ensuring that the busin

Adaptive Surveys, an Aberdeen-based survey business launched at the start of the year, has already secured more than £200,000 in contract wins in the first month of trading. The firm, which is owned by Jamie Watt, is already working with several clients and has a further 30 projects in the pip

BGF has successfully exited its investment in Edinburgh-headquartered care provider CSN Care Group (CSN).

Businesses have less than a week to prepare for Making Tax Digital (MTD) for Value Added Tax (VAT) becoming mandatory for VAT-registered businesses on 1 April, HMRC has revealed. MTD helps taxpayers get their tax returns right by reducing common mistakes as well as saving time managing their tax aff

FinTech Scotland, the cluster management body, has announced a new strategic partnership with NCR Corporation, a leading enterprise technology provider to further advance innovation for financial institutions. The partnership builds on NCR’s strong innovation track record as a software and ser

The Artisanal Spirits Company, the owner of The Scotch Malt Whisky Society, has seen its gross profits increase by 27% to £11.2 million in the 12 months to 31 December 2021.

With more than two weeks remaining in its first equity crowdfunding campaign, Matugga Distillery has passed its ambitious fundraising target of £300,000. The UK’s first Black female-owned distillery has welcomed more than 200 new shareholders who have bought into the company’s plan

The abrdn Charitable Foundation (aCF) and UNESCO have today announced a three-year partnership to promote environmental sustainability through research and education with the goal of developing innovative solutions to environmental problems. As the first financial services company to enter into a pa

Business advisory firm Grant Thornton UK has strengthened its Scottish tax team with the appointment of Stephen Foster as associate director of tax and capital allowances. Mr Foester's appointment follows a series of nationwide new hires for the firm’s tax team due to strong demand from client

Acumen Financial Planning has bolstered its senior team with the promotion of two directors, Rhian Morgan and Kevin Mackenzie. The two directors, both Aberdeen based, have been with Acumen Financial Planning, which is part of the parent group, for 17 and 14 years respectively and have continued to s