News

The chief statistician has released statistics showing that the Scottish economy fell by 0.2% during the third quarter of 2022, covering the period July to September. Monthly statistics also show that GDP is estimated to have contracted by 0.6% in September, with decreases across the construction an

Scottish carbon negative distillery, BrewDog Distilling Co, has announced their first whisky cask sale. Going live this month, the maverick spirits company steps up their whisky innovation programme, with the chance to own a cask of their inaugural single malt and single grain whisky, from the newly

Thomson Cooper Accountants have appointed Steven Sim to their senior leadership team.  Mr Sim, who is based in the firm's Edinburgh office, will take up the position of associate. After qualifying as a Chartered Accountant in 2013, he spent 7 years working in practice before joining the firm in

Addleshaw Goddard has announced partner Alan Shanks as its new head of Scotland. Mr Shanks, who currently heads the firm's finance & projects team north of the border with a focus on the transactions in the energy sector, takes over leadership of Addleshaw Goddard's Scottish operations from fell

A funding round for Edinburgh-based Sofant Technologies has been joined by international holding company NetScientific plc, taking the total joint investment round to £4.2 million. The round is being led by NetScientific subsidary EMV Capital Ltd alongside Scottish Enterprise, Kelvin Capital L

Scottish Climate Tech spinout, CCU International, has announced the first funding round to commercialise its patented carbon capture and utilisation (CCU) system which will enable capturing and utilising CO2 for emitters of all sizes — from small to very large industrials. Commencing 5 De

BDO has reported an 11% increase in revenues to £809 million for the financial year 2021/22 with growth across all three of its service lines of audit, tax and advisory. Announcing its results, BDO cited the reasons for growth as being the resilience of its core market of entrepreneurial, high

The number of office lettings to complete in Glasgow in the first three quarters of 2022 reached 84, according to the latest research from Savills.

UK technology innovation organisation CPI has opened its Medicines Manufacturing Innovation Centre at the Advanced Manufacturing Innovation District Scotland (AMIDS) in Renfrewshire, bringing 100 high-quality jobs and an initial estimated £200 million of technology investment into Glasgow Cit

Alba Equity revealed that its members have now invested over £2 million in Scottish companies in three years. Investments by Alba Equity, since it was formed in 2019 by John Duncan and Jock Gardiner, have leveraged a further £40m in investment through their co-investment partnership with

A 19th-century jail in southern France is to become a luxury hotel after being sold under a programme to modernise the country’s prisons.

Tweed Wealth Management's team of financial advisers has acquired the wealth management arm of local Highlands legal firm Macleod & MacCallum. The tie-up means Macleod & MacCallum Wealth Management will become part of Tweed Wealth Management bolstering the latter’s position as a financ

Law firm Burness Paull has appointed Christine Yuill as a partner, strengthening its tax team as the firm responds to growing client demand for expert tax advice. Ms Yuill, who is ranked by Chambers and is a chartered tax adviser, joins Burness Paull from Pinsent Masons.

The board of abrdn Equity Income Trust plc has announced that the full year dividend will increase by 7.1% to 22.70 pence per share after strong annual results for the year ended 30 September 2022. The company posted its annual results today, revealing annualised dividend growth over the last 10 yea

AM Bid, the Scottish bid and tender specialist, has reported record turnover in excess of £1 million for the second year in a row as it continues to recover from the impact of Covid-19. Figures to the year end 30 September 2022, saw the company post increased revenues of £1,153,165 compa