News

Royal Bank of Scotland owner NatWest Group has announced it is teaming up with Fair4All Finance, Esmée Fairbairn Foundation and StepChange on new research into how ethnicity influences access to financial products and services in the UK.

A total of 130 countries and jurisdictions have joined a new two-pillar plan to reform international taxation rules and ensure that multinational enterprises pay a fair share of tax wherever they operate. In an iconic moment for the world economy, the Organisation for Economic Cooperation and Develo

Scottish Sea Farms has signed a Share Purchase Agreement to acquire 100% of the shares in Grieg Seafood Hjaltland UK from Grieg Seafood ASA for the purchase price of £164 million. The acquisition is a strategic move by Scottish Sea Farms – which is co-owned 50/50 by Lerøy Seafood

Stagecoach Group has revealed that its annual profits plummeted by more than 80% as lockdowns caused a drastic drop in passenger numbers. For the year ended May 1 2021, the bus giant reported underlying pre-tax profits of £17 million, down £90.9m on the previous year.

Lismore Real Estate Advisors’ quarterly review of the Scottish investment market has pointed to more positive times ahead as transaction volumes in quarter two increased by 71% since quarter one, with circa £300 million traded. However, the review has found that activity still remains so

Scotch Whisky distiller Edrington has posted a profit before tax of £178.4 million - a drop of 21% from the previous year. For the year ended 31 March 2021, the Glasgow-based firm's core revenue stood at £576.2m, down 15% from 2020 while the company's core contribution of £196.5m w

National Savings & Investments (NS&I) is set to launch new Green Savings Bonds later this year. Green Savings Bonds are the new retail savings product announced by Chancellor Rishi Sunak in the 2021 budget.

Edinburgh-based artificial intelligence and machine learning technology company Codeplay has won a second key contract with the US government and is now looking to grow in the UK and internationally as demand increases for its cutting-edge software. The AI firm as been selected by the US Department

Ambitious entrepreneurs looking to scale their business are being invited to apply for Scale Up Scotland, a programme founded by The Hunter Foundation and Entrepreneurial Scotland which is designed to support unlocking the scale-up economy. Free to successful applicants, the programme is recruiting

The Chartered Institute of Personnel and Development (CIPD) is warning of the risks of potentially creating a two-tier workforce after its analysis of official data found the use of different flexible working arrangements is unequal across the UK – with some areas exposed as 'flexible working

The Scottish Government has announced it will allocate £100,000 of funding to support the Global Climate Assembly, an initiative which will bring together 100 participants from the global north and south to learn from each other, and to make recommendations which will feed into COP26 discussio

A man has been arrested after attempting to pay his bail with fake money. Michael Deschesne was arrested in the US state of Maine on Sunday on suspicion of theft and taken to jail.

Balfour+Manson's Aberdeen office has moved to new premises at 6 Albyn Terrace after nearly 5 years at their previous base at Carden Place. Julie Clark-Spence, the partner who heads up the Aberdeen office commented: “We are so excited to have moved into our new home at Albyn Terrace. The new sp

The appointments of James Fennessey as a new restructuring partner and restructuring partner Blair Milne to the senior leadership team for Scotland lead a raft of promotions across Azets’ business in Scotland. James Fennessey is a specialist in developing turnaround solutions for companies in

AssetCo, the new asset management business launched by north east entrepreneur Martin Gilbert, has announced that it has reached an agreement with Preservation Capital Partners Limited to acquire effectively a 30% equity interest in Parmenion Capital Partners LLP. The consideration will be up to &po