Three managing directors at business advisory firm Quantuma have been appointed as joint administrators of financial cooperative Strathkelvin Credit Union (SCU). The Dunbartonshire-based credit union, founded in January 1996, entered administration yesterday as a result of regulatory breaches which
News
More than 250 non-fungible tokens (NFTs) worth nearly £1.3 million have reportedly been stolen from trading platform OpenSea.
Scottish flight training and aircraft maintenance business ACS Aviation has increased its staff numbers to meet increasing demand for its services post-pandemic. The company, based at Perth Airport, has increased staff members by 18 per cent over the past two years, with new flight instructors, airc
The UK's Internal Market Act (UKIMA) places more emphasis on open trade than regulatory autonomy when compared to the EU single market, creating tensions within the devolved settlement, a Holyrood committee has concluded. Today's report from the Scottish Parliament's constitution committee warns tha
A fish processing business in the north of Scotland has received an eight-figure funding package from HSBC UK, backed by UK Export Finance (UKEF), as it sets its sights on new international markets. Peterhead-based Denholm Seafoods, which champions Scotland’s high-quality, sustainable seafood,
Scottish consumer confidence remained steady and in line with the rest of the UK at the end of 2021, new analysis from Deloitte shows. Consumer confidence was at -11 per cent in Q4 2021, according to the latest Deloitte Consumer Tracker. Overall personal expenditure increased for 45 per cent of cons
A North Lanarkshire coach hire company has upgraded its fleet to meet rising consumer demand, with support from Bank of Scotland.
Springfield Properties said it remains on track for significant full year growth after posting interim results that revealed excellent build and sales activity across the business.
Barrhead Housing Association has announced the appointment of Lauren Rice as its new director of finance and corporate services following a competitive recruitment process. PwC-trained Lauren brings a wealth of financial and management experience across social housing, private and public sectors.
A nearly 140-year-old copy of writings by Friedrich Engels, the lifetime brother-in-arms of Karl Marx, has been returned to a library decades after it went missing.
Glasgow-based fintech Guiide has undertaken another round of funding for further innovations based on its retirement planning platform. The past year has seen Guiide grow from offering an online free consumer site only to providing bespoke versions of its platform to master trusts, employers, financ
Scottish Enterprise has awarded research and development funding of up to £20 million to the Scottish subsidiary of specialty vaccine company Valneva SE. The investment from Scotland’s national economic development agency follows advanced discussions reported on 23 December 2021 and will
Edinburgh-based software-as-a-service (SaaS) company Sharktower has been acquired by data-first change and transformation consultancy Proteus. Founded in 1999, Proteus has has powered $30 billion of the world’s most challenging corporate change projects. Unlike ‘land and expand’ co
NatWest Group, the owners of Royal Bank of Scotland (RBS), is set to reinstate bonuses for its CEO and finance director for the first time since the financial crisis. The banking group's board has concluded that "now is the appropriate time for NatWest Group to transition to a more market-standard r
Global management and technology consultancy Capco has announced plans to hire 100 new consultants in Scotland to meet rising demand from local financial services institutions. The firm has an existing team of 270 permanent consultants in Scotland servicing financial services clients principally bas