News

Glasgow Prestwick Airport has delivered an encouraging performance over the last 12 months, with total operating profit before exceptional items at £0.5 million. The business has shown a steady improvement in performance since the 2016/2017 accounts when operating losses stood at £7.8m.

Borders-based cable company Emtelle has acquired Dubai-based microduct solutions provider Afripipes for an undisclosed sum. The firm said the move will expand its global footprint and enhance its capability to guarantee its global customers security of supply.

Edinburgh-based compression pioneer Vert Technologies (Vert) has received £1.9 million investment to expand the presence of its Conical Rotary Compressor (CRC) technology in the Refrigeration and Heat Pump sectors. Vert recently completed a £775,000 investment funding round, through the

RSM UK has advised telecommunications company, the Harlequin Group, on its sale to Telent, a technology company specialising in digital infrastructure. Founded in 1993, the Harlequin Group operates from its Scottish base in Livingston, with offices across the UK in Chatham, Bromsgrove and Manchester

Scotland’s onshore GDP grew by 0.2% in October, according to statistics announced today by the Chief Statistician.

Michelin Development, which provides funding and advice to firms to drive growth in areas where it has previously had facilities, is backing innovative start-up Dundee Satellite Station Ltd. The programme, which provides funding and advice to firms with the potential to expand and provide high-quali

Edinburgh-based angel syndicate Equity Gap has reached a £25m investment milestone following its most successful year to date. Leveraging additional funding of over £100m for investee companies since its launch, these investments have helped create over 500 high quality jobs in Scotland,

Regent Terrace in Edinburgh has been named as the most expensive street in Scotland for the second year in a row.

The Prudential Regulation Authority (PRA) has fiend Metro Bank £5,376,000 for failing to act with due skill, care and diligence in relation to the regulatory reporting of its capital position. The bank has also been fined for failings in its regulatory reporting governance, controls and invest

A man who lifted his sleeping ex-girlfriend's eyelids to unlock her phone with facial recognition and steal her money has been jailed.

Par Equity, the Scottish-based forestry investment fund manager, and Aviva Investors, the global asset management business of Aviva, have announced plans to deliver a significant woodland creation and peatland restoration scheme in the north east of Scotland that aims to capture over 1.4 million ton

ENABLE Scotland has received a £100,000 donation from Barclays to engage with people who have learning disabilities from ethnic minority communities. ENABLE Scotland, the country’s largest member-led charity, received the funding from Barclays to strengthen engagement and support to unde

The Prudential Regulation Authority (PRA) has fined Standard Chartered Bank (SCB) £46.55 million for failing to be open and cooperative with the PRA and for failings in its regulatory reporting governance and controls in relation to a tailored PRA liquidity expectation. This is the PRA’s

Business confidence in Scotland fell three points during December to 24%, according to the latest Business Barometer from Bank of Scotland Commercial Banking.

The Scottish property market had a rollercoaster performance in the last year according to DJ Alexander Ltd, part of the Lomond Group which is the largest lettings and estate agency in Scotland. The firm believes that the property market – from homebuyers to tenants, to landlords and investors