News

Icing from Charles and Diana's wedding cake has sold at auction for £1,850. The large piece of cake icing and marzipan base features a detailed, sugared design of the royal coat of arms in gold, red, blue and silver.

Simon Fraser, the chairman of Murray International Trust, a fund managed by Aberdeen Standard Investments (ASI), has died at the age of 62. The directors of Murray International Trust announced today that Mr Fraser died in the early hours of August 9 following a short illness.

Malicious prosecution victim Charles Green has been awarded £6.3m in compensation after he was wrongfully prosecuted by the Crown Office. Mr Green, 68, was one of a group of men arrested over a botched fraud probe into the sale of Rangers.

North-east investment specialist Scott James & Associates has appointed Alaina Howie as a financial adviser. It is hoped that Ms Howie's appointment will help meet increased demand for sound financial advice since the onset of the pandemic.

Stirling-based ESM Investments (ESM) has invested over £200,000 in Edinburgh-based ultrafast laser manufacturer Chromacity, as part of a £1.2 million growth funding round. Led by CEO Shahida Imani, Chromacity was established in 2013 and has developed a range of ultrafast lasers tailored

Santander UK has provided Woodlands Glencoe with six-figure funding to support its eco-tourism developments.

The Scottish Mortgage Investment Trust PLC, a company managed by Baillie Gifford, has raised a further c.£200 million by issuing two long-term, fixed-rate, senior, unsecured private placement notes. The first is a 15-year note for £100m with a fixed coupon of 2.03%, the second, a 25-year

Nearly 1.8 million married couples and those in civil partnerships are using Marriage Allowance to save up to £252 a year in Income Tax, according to new figures published by HMRC. Summer has always been a popular season for weddings, and newly married couples or those in civil partnerships co

Baillie Gifford US Growth Trust plc has posted strong full-year results with the company's share price and net asset value returning 63.0% and 62.8% respectively. This compares with a total return of 22.4% for the S&P 500 Index.

Directors at Tayside construction firm Kilmac have declared themselves "pleased" with the company's performance after it reported an increase in turnover despite challenges during the pandemic.

Odysseus Capital Management has purchased the former Scottish Widows Investment Partnership headquarters in Edinburgh in a £22 million deal. Edinburgh One at 60 Morrison Street has been bought by the firm which plans a major extension and redesign for the building.

Scottish fintech Miconex has launched a first of its kind digital gifting product for towns and cities, under its new global Love Local brand. The digital gift card will work through the MasterCard network and digital wallet services such as Apple Pay, and is Miconex’s latest initiative alongs

A notorious mafia matriarch known as "The Godmother" has been arrested while attempting to flee Italy for Spain. Maria Licciardi, 70, was taken into custody at Rome Ciampino Airport as she was boarding a flight to Malaga, according to reports.

abrdn has hailed a 'strong start to the year' as profits rise by 77% to £163 million.  While the company also reported a drop in assets under management to £532 billion (FY 2020: £535bn), while its fee-based revenue was 7% higher during the six month period and adjus

Edinburgh-based start-up One Year No Beer (OYNB) which helps people transform their relationship with alcohol, has surpassed its £500,000 crowdfunding target. The Crowdcube campaign broke through the £500,000 barrier within minutes, swiftly raising 126% of its target to scale up operatio