News

Holyrood’s Finance Committee is “deeply worried” that Scotland is lagging behind almost all other areas of the UK in key indicators of economic performance.

St Andrews-based Pneumagen, a clinical-stage biotech company, has raised £3.8 million to advance clinical development and manufacturing of its lead product Neumifil. The financing round was co-led by existing investors, Thairm Bio and Scottish Enterprise.

Ed Sheeran has submitted plans to add a burial zone to a new chapel on his £3.7 million estate.

Two cases against the Crown Office over the malicious prosecution scandal are ongoing, MSPs have heard. Compensation and legal costs are now in excess of £40 million, a figure auditors described as “significant".

guitarguitar, the Edinburgh-founded guitar retailer, has become the UK's first musical instrument retailer to move to employee ownership. The business restructure means that 60% of all guitarguitar shares are now placed into an employee ownership trust (EOT) providing its 160-strong team the majorit

Edinburgh has been listed as one of the least affordable areas to live in the UK in Nationwide's latest Local Affordability Report.

Greater competition in retail banking is driving choice and lower prices for consumers and small businesses, despite the financial impact of the pandemic, according to a new review conducted by the Financial Conduct Authority (FCA).

Fife-based retinal imaging company epipole is set to grow its presence within the global ophthalmic imaging market after raising £1.3 million in new investment. The company’s handheld epiCam enables clinicians to record epiStreams - scans of the retina using real-time video - from which

The Artisanal Spirits Company, the owner of the Scotch Malt Whisky Society, has revealed that it expects to report full-year revenue of £18 million for 2021.

Economic growth in Edinburgh and Glasgow is set to more than double in 2022 while the two cities are also predicted to achieve record levels of employment, according to forecasts published by strategic real estate advisor Avison Young.

The Snappy Group, a Dundee-based technology platform that connects consumers with their local businesses has appointed Barry McGonagle as its chief financial officer. His appointment is the latest of several senior hires in recent months following a successful fundraising last year, the pr

KPMG has been hit with another multi-million-pound fine from the Financial Reporting Council (FRC), over its audits of drinks company Conviviality in 2017. The FRC announced yesterday that it had issued a final decision notice under Audit Enforcement Procedure and imposed sanctions against KPMG

Edinburgh-based Tweed Wealth Management has acquired Inverness-based financial advice practice John Home Wealth Management for an undisclosed sum. The acquisition of John Home Wealth Management helped to bring the total assets under management at Tweed Wealth Management to more than £380 milli

David Ferguson, the founder and former CEO of Edinburgh-based Nucleus Financial Group, has been appointed as CEO of investment technology firm Seccl. Mr Ferguson will join the Octopus Group-owned firm on April 4, subject to FCA approval.

A fraud inquiry launched by New York's Attorney General into the Trump Organisation's finances has shifted its focus on Trump's golf resort in Balmedie, Aberdeenshire.