News

Air conditioning specialists Coolair Equipment Limited has announced a new hire to head up expansion into Scotland and the north east, as it establishes a permanent base in Newcastle. The operation will be led by senior sales engineer Mark Walsh, a veteran of the industry with more than 20 years&rsq

A bride and caterer who allegedly fed a cannabis-laced dinner to her unsuspecting wedding guests have been arrested. Florida woman Danya Svoboda's wedding reception ended with her speaking to police officers after a number of guests reported feeling sick and high, CBS News reports.

The Financial Reporting Council (FRC) has published new research, in conjunction with the UK Anti-Slavery Commissioner and Lancaster University, which has identified significant shortcomings in the quality of companies’ modern slavery reporting. The research looked at a sample of 100 major com

Edinburgh-based life sciences company Carcinotech, a MedTech specialist in the manufacture of 3D printed tumours developed from cancer stem cells, primary cells, and established cell lines, has secured a £1.6 million investment from leading Scotland-based investors to accelerate commercialisat

The Financial Conduct Authority (FCA) is using emergency powers to prevent financial advice firms, who advised members of the British Steel Pension Scheme (BSPS), from disposing of assets to avoid paying compensation. The FCA has introduced these emergency rules, without consultation, in light of th

Rental growth in Scotland’s industrial and logistics sector will outpace both offices and retail property assets over the next five years, according to analysis from Knight Frank.

Chartered accountant Wylie & Bisset has welcomed the launch of a new online training initiative designed to support the growing number of female business founders in Scotland. With recent research for the Rose Review on Female Entrepreneurship revealing that 5,951 companies were established by w

Shepherd and Wedderburn LLP has promoted five of its lawyers to partner, six to legal director and six to associate. The promotions will take effect from 1 May.

Pensions firm Embark Group has announced plans to hire more than 50 people in Dundee over the next few months as it continues to build out its operations in the city. There are a wide range of roles on offer, from entry-level administrative roles to IT development, customer services, HR and marketin

The family of Sean Connery has listed his £15 million Picasso painting for sale at an auction to help raise funds for Scottish charities. Sean Connery's family are Buste d’homme dans un cadre after he requested a philanthropic trust be set up in his name after his death.

A cask of whisky distilled at The Macallan in 1988 which lay forgotten for over three decades has broken the world record for the most expensive cask of whisky ever sold at auction. After going under the digital hammer on specialist auction site, Whisky Hammer, the rare cask of 33-year-old whisky fe

Almost one in five employers in Scotland are likely to make staff redundancies in the year ahead, according to a new survey commissioned by workplace experts Acas (Advisory, Conciliation and Arbitration Service) and carried out by YouGov. The new study shows that 19% of businesses based in Scot

Aberdeen-headquartered, digital twin technology specialists, Eserv has secured a 3-year contract with Neptune Energy that will enable their digital twin software, AS-TEG™ to scale across the Operator’s global operations. AS-TEG™ provides a contextualised digital twin proven to enab

The latest SME Barometer produced by Azets has revealed ambitious growth plans among UK SMEs despite a significant drop in optimism about the economy. The Barometer revealed that 51% of all SMEs across the UK and Nordics are optimistic about the economic outlook, down from 68% last summer with UK SM

A review by the Financial Conduct Authority (FCA) has found that challenger banks need to improve how they assess financial crime risk, with some failing to adequately check their customers’ income and occupation. The watchdog found that in some instances, challenger banks did not have financi