News

A British man who is set to become a billionaire from selling medicinal cannabis has spent £3 million on red wine.

Edinburgh-based financial advisory and asset management firm Melville Independent has announced the appointment of Matthew Irvine and Kristofor Banks to its senior executive team. The two have been appointed as directors in key strategic and development roles.

Over four-fifths (83%) of Scots have a greater appreciation for staff working in local businesses as a result of the pandemic, according to the latest data from the Royal Bank of Scotland's Tyl service.

The Shetland Space Centre has secured a £1.43 million investment from Wild Ventures Limited. It follows the UK Space Agency’s announcement last month that Lockheed Martin is transferring its satellite launch initiative to Unst to deliver long-term value for the industry and help establis

Dundee-based restructuring and insolvency specialists Dunedin Advisory has announced that it has moved its Glasgow office to new premises in the centre of the city. The firm has said that its new office at 2 West Regent Street provides a great space to work in with flexibility, breakout areas and va

HM Revenue and Customs (HMRC) and the Advertising Standards Authority (ASA) have launched new action to cut out misleading marketing by promoters of tax avoidance schemes. The joint enforcement notice aims to disrupt the activity of promoters and protect people from being presented with misleading a

ProBonoSkills.com (PBS) has announced that it will collaborate with NatWest Group on a range of initiatives. In addition, Philip Hall, senior legal counsel in the outsourcing, technology and IP team, will join the PBS Advisory Board.

Linlithgow-based telecommunications equipment firm Calnex has announced its interim results reporting strong growth and the ongoing expansion of its operations. For the six months to September 30 2020, the firm reported revenue growth of 37% to £7.7 million, up from £5.7m during the same

Average pay in the UK will be £1200 a year lower in the next five years, according to the Resolution Foundation.  Responding to Chancellor Rishi Sunak's Spending Review announcement on Wednesday this week, the think tank has warned that the coronavirus crisis is prolonging the UK's 15-yea

The University of Edinburgh has invested £5 million in green projects after becoming the first university in the UK to sign up to HSBC’s new green deposits programme. The Green Deposits programme enables organisations to invest directly in green projects that promote the transition to a

The amount spent by consumers on Black Friday has soared by 20% in three years according to the latest spending data from Bank of Scotland owner, Lloyds Bank.

Big Issue Invest's Power Up programme has supported 19 social businesses to date with a total of £870,000 investment, according to its 2020 Impact Report. In turn, collectively, the social ventures were able to respond to the COVID-19 crisis by providing meals to high-risk individuals, support

Companies from the Highlands and islands have made their mark on the annual Scottish Green Energy Awards which took place virtually last night, with finalists from the region shortlisted in eight of the 13 categories. Organised by Scottish Renewables and supported by Highlands and Islands Enterprise

Captain Sir Tom Moore has brought out his own gin. Sir Tim has partnered with his family friend Dougie Lampkin MBE, one of the founders of the Otterbeck Distillery in Yorkshire to support The Captain Tom Foundation.

St Andrews-based investment firm Eos Advisory has appointed Mark Beaumont to its leadership team to help deliver its strategic growth plans over the coming years. Mr Beaumont, an economics and politics graduate from the University of Glasgow, is best known for his world record-breaking cycles a