News

Wave power specialists Mocean Energy have secured a major new investment to accelerate the commercial roll-out of their ground-breaking wave energy technology. The Edinburgh firm has raised £730,000 equity funding from existing funders, led by angel syndicate Equity Gap, together with Old Coll

Services that provide mental health support to Armed Forces veterans have been given a £2 million funding boost from the Scottish Government. The Scottish Government has announced £1.4m for Combat Stress and a further £666,000 for Veterans First Point.

Annual UK house price growth increased to 12.6% in February, from 11.2% in January, according to the latest Nationwide House Price Index.

Arbroath-based AGR Automation, which designs, develops and manufactures bespoke advanced technology automation solutions, has secured a new multi-million-pound contract, with support from Bank of Scotland.

Edinburgh saw the highest level of investment in hotels of any UK city outside of London last year, with 11 deals valued at around £260 million, according to new analysis from Knight Frank.

As the country begins to look at life beyond the pandemic, new research from Royal Bank of Scotland has revealed that nearly half (42%) of young people surveyed in Scotland view spending money on fun as more of a priority post-lockdown. Despite the renewed sense of freedom and recent relaxation of r

Plans to convert the former police station at Peterhead into a modern, fully managed business hub have been lodged with Aberdeenshire Council.

Individual investors are increasingly turning to forestry as they see the ‘win-win’ of environmental and financial return on the horizon, according to Edinburgh-based alternative asset manager Par Equity.

Perth-based insurance giant Aviva has announced a proposed return of capital of £3.75 billion to the holders of its ordinary shares. The shares will be returned by the way of a B share scheme. This is in addition to the £1 billion share buy-back which is underway

The hourly tolling of two church bells has enraged a woman who is suing her council to have the practice stopped.

Bringing about positive change through ethical finance is the aim of a new partnership between the Global Ethical Finance Initiative (GEFI) and the University of Edinburgh. The partnership, announced at yesterday's launch of the Scottish Taskforce for Green and Sustainable Financial Services, aims t

The Financial Reporting Council (FRC) has issued a consultation on proposed changes to its statutory Guidance to the Recognised Supervisory Bodies (RSBs) on the recognition of Key Audit Partners for local audit. The changes have been proposed to address a recommendation made by Sir Tony Redmond in h

Blue Rock Insurance Brokers has opened new premises in the Bellshill area, generating three new jobs and bringing a customer-focused approach to the businesses of the surrounding areas. With headquarters in Ayrshire, where the Blue Rock brand was launched in 2018, the leadership team made the decisi

A new National Strategy for Economic Transformation, underpinned by detailed analysis of Scotland’s economic strengths and weaknesses, has been published by the Scottish Government.

The development of a Food & Drink Innovation Hub and the potential future Innovation Park on land adjacent to Queen Margaret University has taken a major step forward.