News

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

Tourists who visit the Isle of Mull to see white-tailed eagles contribute up to £8 million per year to the island’s economy, according to a new study. The study has highlighted the scale of the economic benefits to Scotland’s so-called “eagle island” thanks to the birds

Aberdeen renewable marine and subsea equipment firm, W3G Marine, has introduced a new cost-saving and highly effective tool for the offshore energy market, after securing a £450,000 funding deal with Royal Bank of Scotland. With funding of £450,000, W3G Marine has successfully commercial

Former Rangers player Neil Mccann has lost a £200,000 battle with HMRC over his work as a TV pundit. Mr Mccann began a career in commentary work when he retired from playing football.

Accountancy and business advisory firm Johnston Carmichael has appointed Si Mathavan as its internal audit and controls assurance partner. Si Mathavan, who will be based in Johnston Carmichael’s growing London office, brings 17 years of experience to the role.

Clyde Munro has acquired Maybole Dental Practice, a busy predominantly-NHS four surgery practice with more than 9500 patients, for an undisclosed sum. Its owner David Logan joined the practice after graduating in 1993 from The University of Glasgow and worked as an associate for his father who bough

East Kilbride-based FreeFlow Technologies (FFT), which has developed a light power to weight e-Bike motor, is moving into production following the completion of a £1.65 million funding round led by investment syndicate Kelvin Capital. The new investment will accelerate the production of units

The abrdn Asian Income Fund Limited has seen its Net Asset Value (NAV) total return rise by 11% in the year ended 31 Decemebr 2021. The fund's share price total return also rose by 5.2%. Ian Cadby, chairman, confirmed that the company has delivered an “excellent performance for the 12 months t

Royal Bank of Scotland-owner NatWest Group has announced a £1.2 billion directed buyback of 550 million shares from HM Treasury. The banking giant has agreed with the Treasury to make an off-market purchase of 549,851,147 ordinary shares in the company with a nominal value of £1 each at

Edinburgh-based Smart Data Foundry, a financial data collection organisation, has appointed Frank Gauld as its new CEO. Bringing a wealth of global Financial Services and FinTech experience, Frank Gauld will drive the strategic direction of the organisation tasked with spearheading safe data sh

Craig Alexander Rattray, a Glasgow-based growth strategist and cash expert, is launching a new initiative to help SME owners take better control of their businesses. A part-time finance director to many ambitious growing companies, the former venture capitalist and corporate financier has spent more

The first-ever Unlocking Ambition Community Showcase has been held in Glasgow to celebrate the achievements of alumni from one of Scotland’s flagship business growth and leadership programmes, delivered by Scottish Enterprise.

The Competition and Markets Authority (CMA) has today published its recommendations for the future oversight and governance of Open Banking. The CMA’s recommendations will be taken into consideration in the design of a future entity to succeed the Open Banking Implementation Entity (OBIE). The