News

The first recipients of a fund set up to help Scotland’s manufacturing industries reduce emissions have been announced by the Scottish Government. Eight companies will share £3.4 million through the first round of the Scottish Industrial Energy Transformation Fund (SIETF), with additiona

A Russian company specialising in custom-made designer gadgets is selling a solid gold PlayStation 5 for $320,000. The firm, Caviar, has introduced a series of solid gold items, including 18-karat versions of the AirPods Max, the iPad Mini and the iPhone 13 Pro.

Royal Bank of Scotland owner NatWest Group is facing a fine of £300 million after the bank pleaded guilty at Westminster Magistrates’ Court to criminal charges brought by the Financial Conduct Authority (FCA) under the Money Laundering Regulations 2007 (MLR 2007). NatWest accepts that it

Wealth manager Brewin Dolphin, which has offices in Edinburgh and Dundee, has ditched plans to move its head office to a new site opposite St Paul's Cathedral in London. The firm said that having evaluated its office space requirements post-pandemic, which includes a more flexible working model

The UK Government has introduced legislation designed to support small businesses following the end of restrictions on winding up petitions on 30 September, writes Joanne Gillies, partner at Pinsent Masons. The Corporate Insolvency and Governance Act 2020 (CIGA) introduced in June 2020 restrict

Investment deals totalling more than £3.5 million in two Scottish space technology enterprises show the significant support that employee-owned (EO) companies can unlock, according to lawyers from Lindsays. Capital for Colleagues (C4C), a specialist provider of advice and financing for firms o

Edinburgh-based Capital Credit Union is set to become the first credit union in Scotland to launch a green loan. The organisation is to offer its new product – to be launched on Monday 11 October - in conjunction with a tree-planting initiative in the Highlands, in a move it expects to prove e

The Financial Reporting Council (FRC) has said that listed companies must be more transparent about their use of alternative performance measures such as "underlying profits" and "core operations." This comes after a new review by the watchdog which revealed that listed firms needed to be more open

Perthshire dental firm Infinityblu Dental Care and Implant Clinic has invested £1.1 million to buy two new businesses, expanding its portfolio to seven practices. Infinityblu Dental Care and Implant Clinic was founded as a blank canvas in Pitlochry, Highland Perthshire, in 2007 by dentist Chri

Hiring activity across Scotland continued to surge in September, rounding off the third quarter of unprecedented labour market activity, according to the latest Royal Bank of Scotland Report on Jobs. Further marked increases in both permanent placements and temp billings were signalled by recruiters

The University of Dundee has announced the completion of its divestment from fossil fuels – less than 12 months after declaring its intention to do so. The University has also confirmed that half of its managed investments have been moved to a sustainable investment portfolio, with the remaini

The AccelerateHER awards in partnership with Barclays Eagle Labs are set to go UK-wide this year.

Mosaic Architecture + Design, one of Scotland’s most experienced practices, has submitted applications for detailed planning permission and listed building consent for the redevelopment of 50 Bothwell Street in Glasgow city centre.

Scottish footfall decreased by 19.9% in September (Yo2Y), a 1.3 percentage point increase from August, according to the latest Scottish Retail Consortium (SRC) and Sensormatic IQ Footfall Monitor.

Despite well-documented staff and supply shortage issues, confidence in the UK logistics sector has risen to 62.5, the highest level since H1 2015, according to the latest Barclays-BDO Logistics Confidence Index. This is in contrast to last year’s index, when confidence fell to its lowest leve