News

A cutting-edge £2.5 million optical ground station, designed to secure next-generation communications against cyber threats, officially opened today (2nd May 2025) at Heriot-Watt University's Research Park in Edinburgh. The Quantum Communications Hub Optical Ground Station (named HOGS) represe

A man has been ordered to pay thousands of pounds in costs after losing an appeal over a £200 fine for his noisy cockerel. Neighbours of 80-year-old Hampshire man Harold Brown complained of being woken up at 5am by his cockerel crowing, the BBC reports.

Aberdeen Group experienced client withdrawals totalling £5.2 billion during the first quarter of 2025, driven by market volatility and a significant £4.2bn redemption from its largest client – Phoenix Group. This contributed to a decrease in assets under management (AuM) from &poun

Lloyds Banking Group has reported a 7% fall in pre-tax profits to £1.52 billion for the first quarter, despite a 4% increase in net income to £4.39bn. The decline was primarily driven by higher costs and increased impairment charges for potential bad debts.

Group accounts for building, infrastructure, engineering and fit-out business Tilbury Douglas has shown the firm grew its revenue to £541.6 million in 2024, an increase of 7% on 2023, and delivered £11.5m operating profit, up from £3.8m.

Scottish law firms Wright, Johnston & Mackenzie LLP (WJM) and Davidson Chalmers Stewart have announced the completion of a historic merger. The combined firm has a headcount of over 200, including 46 partners, working across Glasgow, Edinburgh, Inverness, Dunblane and Galashiels – supporte

Shares in Aberdeen-based Wood Group have been temporarily suspended from the London Stock Exchange.

Hundreds of buildings have been brought back into use and over £10 million has been raised for council services thanks to new tax-raising powers adopted by the City of Edinburgh Council.

Falkland-based independent whisky bottler Saltire Rare Malt is celebrating a successful first year of operation. Since its launch twelve months ago, the Fife company has achieved significant international reach, shipping its curated whiskies to collectors and stockists across Europe, Latin America,

Edinburgh has the most productive retail floorspace of any major UK city outside of London, with Glasgow close behind, as Scotland’s two largest cities continue to demonstrate their attractiveness as retail destinations, according to Knight Frank.

Dundee-based Ace Aquatec, an award-winning aquaculture technology company focused on fish welfare, has successfully closed its latest investment round, securing £10 million. The funding comprises £7.5 million in equity led by Stolt Ventures, with participation from Scottish Enterprise an

STV Studios appointed Colin Waters as its new chief financial officer and strategy director, starting in June. Reporting directly to STV Studios CEO David Mortimer, Mr Waters will join from Vice Studios Group where he serves as CFO, overseeing global financial strategy.

Murray Capital, the private investment office of the Murray family, has appointed Colin Mitchell as its group finance director. He succeeds Euan Campbell, who has moved on after more than 10 years in the role.

Scottish accountancy firm EQ Accountants, part of the Sumer Group, has merged with Edinburgh-based McDonald Gordon & Co, marking EQ's third acquisition in the past year and is a key step in its strategy to triple turnover from £11 million to £30m within four years. The merger signifi

Glasgow-based mutual Scottish Friendly has announced its second-highest sales figures in its 163-year history for 2024, reaching £50.6 million annual premium equivalent. The result, slightly down from £51.1m in 2023, was supported by a roughly 30% year-on-year increase in sales of its ow