News

A woman is suing Kellogg's for $5 million, alleging the company's strawberry Pop-Tarts contain very little strawberry.

Faith institutions with more than £3.1 billion of combined assets under management in the UK, Ireland and across the world have announced their divestment from fossil fuels. The move, announced in the run-up to the COP26 climate summit in Glasgow, represents the largest-ever joint divestment a

The owners of Edinburgh-headquartered TSB have rejected a take-over bid by the Co-operative Bank. Spanish banking group Banco Sabadell, which owns TSB, said it had been approached by the Co-op but it "is not a transaction that we wish to explore at this moment as we have previously expressed publicl

The Scottish Government no longer supports unlimited recovery of hydrocarbons including oil and gas, First Minister Nicola Sturgeon has said in the run-up to the COP26 climate summit in Glasgow. The co-operation agreement signed by the Scottish Government and the Scottish Green Party earlier this ye

Briar Homes is to become one of the first UK housebuilders to be supported by a Regional Growth Initiative (RGI) from Housing Growth Partnership (HGP) which forms part of the social impact investor's newly created £300 million property fund. The RGI is a four-year commitment that will see HGP

The Scotch Whisky Association (SWA) has unveiled a limited edition blended Scotch whisky to be enjoyed by world leaders, delegates and visitors to the COP26 conference. The whisky, which has a run of just 900 bottles, represents the Scotch whisky industry’s commitment to sustainability from gr

Sophisticated investors and pension funds are among those who will have access to new types of investment opportunities following changes made by the Financial Conduct Authority (FCA). The FCA has confirmed that it will be taking forward proposals to create a new type of open-ended investment fund w

The chief financial officer of a company worth nearly £23 billion accidentally phoned the CEO while discussing plans to oust him, according to reports.

Anderson Anderson & Brown (AAB), the tech-enabled business critical services group, has announced a significant investment from August Equity to fast-track its ambitious growth plans. AAB, with offices in Aberdeen, Edinburgh and Glasgow, plans to build its market share across the Central Belt of

Accountancy firm Azets has announced the appointment of Lynne Wilson as a new partner based in Perth with effect from 1 November 2021. Ms Wilson is a specialist advisor to owner-managed businesses. She joined Azets as a manager in 2013 and was promoted to director in 2018.

Interpath Advisory has announced the successful sale of Glasgow-based Mono Consultants Limited, which went into administration last week. Blair Nimmo and Geoff Jacobs were appointed on Friday as joint administrators to the business, one of the UK's largest network infrastructure roll-out service pro

Scottish Financial Enterprise (SFE) has announced the appointment of Mike Tumilty and Louisa Knox as non-executive board directors. The industry body said the new appointments will bolster its ability to support industry ambitions to lead the journey to net zero and develop the strength of Scotland&

Rural business organisation Scottish Land & Estates (SLE) has announced three new appointments to its regional network. Mairi MacLeod Coleman has been appointed at the new chair of the Highland region, with Rob Whitson becoming vice-chair. In SLE’s Central region, Antony Gifford has been s

Edinburgh-based financial services consultancy CBS Consulting has reported 110 per cent growth in its revenues in a year dominated by the Covid-19 pandemic. The company provides change management advice and support to UK financial services companies in the areas of business transformation and digita

Supermarket chain Sainsbury's has decided against the sale of its Edinburgh-based banking operation after talks with potential buyers. In a statement, Sainsbury's said "all such discussions have now ended" and it will maintain ownership of Sainsbury's Bank, which has around two million customers acr