News

Archangels, the Edinburgh-based business angel investment syndicate, has appointed Ian Macleod as the new chair of its board. The former investment analyst and fund manager takes over the helm from Eric Young, who has held the position since 2014. Eric will continue to sit on the Archangels board.

Perth-based insurance broker GS Group has acquired Dundee-based Strathtay Insurance Brokers for an undisclosed sum. The Dundee firm, which is based on Clepington Road, was founded in 1974 by Charles Robertson. As a result of the acquisition, his successors Nigel, James and Hannah Robertson will tran

Auction house Christie's is set to auction a Deinonychus dinosaur skeleton in New York this week. The Deinonychus antirrhopus skeleton is estimated to sell for between $4 million and $6 million, Artnet News reports.

The Alternative Board (TAB), an Aberdeen advisory firm that helps North-east businesses to grow has backed a charity initiative to support start-ups in Kenya. TAB has decided to back the Gathimba Edwards Foundation's (GEF) Two Feet Initiative which enables families to plan, start and run their own b

Corporate finance specialist Dow Schofield Watts has opened a new office in Edinburgh as part of its plans to build its presence in Scotland. The firm, which has an existing office in Aberdeen, is also expanding its services to include fundraising for private equity firms and infrastructure investme

UK house prices increased by a further 1.1% in April, according to the latest Halifax House Price Index.

Social enterprise Bute Kitchen has secured £20,000 COVID recovery support from Highlands and Islands Enterprise (HIE) for a project to strengthen skills among the island’s hospitality workforce, explore local markets for food produced on the island and promote the Bute ‘brand&rsquo

Builders’ merchant MKM has further expanded its branch network in Scotland with the purchase of Woodrow Timber & Supplies.

Glasgow-founded convenience store chain McColl's is on the brink of failure, as it company revealed it was "increasingly likely" it would fall into administration unless talks concerning a rescue deal proved successful.

A £30 million transformation programme has been unveiled by Bruntwood SciTech after it acquired the ‘People Make Glasgow’ building from Osborne+Co for £16.2m. Bruntwood SciTech, a joint venture between investor and developer Bruntwood and Legal & General, is a property an

Satanists have demanded that their flag be raised over Boston city headquarters following a ruling by the Supreme Court of the United States (SCOTUS). The court this week ruled that the city violated the rights of a Christian group after snubbing its formal request for their flag to be flown outside

Royal Bank of Scotland-owner NatWest Group has signed agreements with TrueLayer, GoCardless and Crezco to offer Variable Recurring Payments (VRP) as a new payment option for businesses and consumers. The announcement means that NatWest Group will be the first UK bank to go beyond the requirement for

Phoenix Group has launched a new Innovation Forum that will look to use the latest FinTech innovation to build greater engagement and support the well-being of its customers, driving forward greater financial inclusion. In collaboration with TCS’ Co-Innovation Network (TCS COINTM) innovation e

Corporate insolvencies in Scotland remained steady in the first quarter of 2022, as a series of compounding crises – from inflation and supply chain disruption to the impact of the conflict in Ukraine and the COVID pandemic – continue to place pressure on businesses. Analysis of notices

The Bank of England (BoE) has raised interest rates from 0.75% to 1%, in an attempt to fight rising inflation. The bank's Monetary Policy Committee (MPC) by a majority of 6-3 to increase the bank rate by 0.25 percentage points. Those members in the minority preferred to increase the rate by 0.5 perc