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Scottish fintech CrowdX has announced the appointment of Paul Atkinson as its chairperson. Mr Atkinson has a recognised track record of building value for companies in the technology and services sector. He is a founding partner of venture capital firm and EIS fund manager Par Equity, and chairman o

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A biomass power generator built by Aviva Investors should be torn down because of planning irregularities, a council has ruled. Vale of Glamorgan Council said that it would issue a legal enforcement notice against the Barry Biomass site requiring that “the plant and all buildings are removed f

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The Information Commissioner’s Office (ICO) has fined Glasgow-based company DialADeal Scotland Ltd (DDSL) £150,000 for making more than half a million nuisance marketing calls. The unsolicited calls were about non-existent Green Deal energy saving schemes including boiler and window repl

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Retail stores in Scotland are closing at a faster rate than Great Britain as a whole, largely because it spent longer in lockdown, according to new research by PwC and the Local Data Company (LDC). A total of 780 chain stores closed in the first half of 2021 compared with just 344 openings, a net lo

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Bitcoin has controversially become legal tender in El Salvador, the Central American country which gave up its own currency in favour of the US dollar two decades ago. The cryptocurrency can now be used by citizens to shop, pay taxes and buy land, FT reports.

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A shopkeeper has been arrested on suspicion of stealing a customer's winning lottery ticket and then attempting to flee the country. The man, who has not been named, was caught by border police at Rome's main airport, The Guardian reports.

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