News

The abrdn Smaller Companies Income Trust plc has posted strong annual results for the year ended 31 December 2021, with a NAV total return of 30.4%. This outperforms the Numis Smaller Companies (ex- Investment Trusts) return of 21.9% over the reporting period.

The number of reports to the Financial Conduct Authority (FCA) of alleged cryptocurrency scams has more than doubled in the last year. According to a Freedom of Information request, the FCA received 6,372 alerts about suspected crypto frauds in 2021, an increase from the 3,143 reported in 2020.

Support is being expanded to improve the energy efficiency of homes and tackle energy costs in Scotland.  In response to the cost of living crisis, three key Scottish Government energy efficiency and heat programmes will be boosted from April.

abrdn owner Phoenix Group has outlined plans to invest in the firm after it posted its full-year 2021 results. Phoenix Group said it has already reaped significant rewards for the decisions it made to buy the business from the former Standard Life Aberdeen.

HMRC is warning Self Assessment customers to be on their guard following the Self Assessment deadline after more than 570,000 scams were reported to HMRC in the last year. At this time of year, Self Assessment customers are at increased risk of falling victim to scams, even if they don’t menti

Three Scottish companies have joined forces to accelerate the launch of a potentially world-beating biofuel technology. The companies are Ardnamurchan Distillery, Woodlands Renewables and Scotland’s first biorefinery, Celtic Renewables, based in Grangemnouth.

NFL quarterback Tom Brady's last touchdown ball has been sold at an auction for $518,000.

Scottish private sector output rose at an accelerated pace in February, according to the latest Royal Bank of Scotland PMI. The seasonally adjusted headline Royal Bank of Scotland Business Activity Index - a measure of combined manufacturing and service sector output - rose to 55.5 in February, from

Distiller Eden Mill St Andrews has received full planning permission to build its stunning new distillery and visitor centre in St Andrews. A 50-year land lease has been agreed and signed with the prestigious and world-renowned University of St Andrews .

A major tech conference that stemmed from a landmark report written by former Skyscanner chief Mark Logan will be a ‘game-changer’ for the industry in Scotland, according to Entrepreneurial Scotland.  The Raising Partners Live conference in Glasgow has been hailed as an opportunity

The EIE Investor Readiness Programme, delivered by the Bayes Centre at the University of Edinburgh, has announced a list of 36 high growth tech businesses selected for EIE22. EIE, which is supported by the Scottish Government, culminates at the EIE Showcase Conference on Thursday 6th October, where

Livingston-based Mutugga Distillery has its sights set on global expansion with the launch of a £300,000 equity crowdfunding campaign. The firm is the UK's first black female-owned distillery, and married co-founders Jacine Rutasikwa and Ugandan-born head distiller Paul Rutasikwa hope investme

Over 600,000 adults in Scotland either entered debt during the pandemic, or saw their pre-existing debt get worse, according to analysis from Citizens Advice Scotland (CAS). Analysis by the charity of polling by YouGov found that 364,004 Scottish adults had debt before the pandemic which has gotten

McGill, one of the largest employers in Tayside, is today celebrating the third anniversary of the takeover of the business by top Scottish businessman Graeme Carling, and his investment business United Capital. On 13th March 2019, United Capital, led by Dundee-born entrepreneur Graeme Carling, resc

South West Scotland’s first Pepe’s Piri Piri restaurant is set to open on 15th March thanks to a six-figure funding package from HSBC UK secured by franchisee Adnan Manzoor.