News

A state senator in Ohio appeared in a Zoom meeting with a fake background while driving – on the same day a distracted driving bill was introduced. Andrew Brenner used a virtual home office background, but his seatbelt was still visible in his video feed.

Anderson Anderson & Brown Corporate Finance (AABcf) has reported a busy and eventful start to the year as it published its quarterly Deals+ update for Q1 2021, highlighting selected M&A and fundraising transactions across Scotland.  AAB's report highlights selected M&A transact

John Bett, partner and head of dispute resolution and litigation at Lindsays, details why ignoring furlough mistakes could be costly for businesses. Mistakes happen in life and business. The important thing is that we act upon them - and try to make the error good - as soon as we realise.

Former game company boss David Hamilton and Dundee businessman Gavin Findlay have bought the Scottish Deer Centre in a multi-million-pound deal. The park, which fell into administration last year, had been closed since April 2020 and was facing an uncertain future. The park initially closed due to t

The board of Community Enterprise in Scotland (CEIS) has appointed Martin Avila as the group's new CEO, replacing the outgoing CEO Ian Mitchell. Mr Avila joins from his current position as director at the Kinning Park Complex and will be taking up his new position in early August. He brings a new vi

Dingwall-based firm WoodBlocX is expanding its manufacturing capacity with a £750,000 investment, which is expected to double production capabilities and create new jobs. WoodBlocX makes innovative kits for building raised beds and landscaping gardens. Highlands and Islands Enterprise (HIE) ha

Dundee-based cloud computing company iomart is targeting £200 million in revenue within the next five years as it announced a trading update yesterday. During a virtual Capital Markets Day event, executives at the firm explained how the business would expand its solutions, service, skills and

Responsible finance provider, Social Investment Scotland (SIS), has appointed Louisa Macdonell to its board of directors. Ms Macdonell is CEO of the Development Trusts Association Scotland (DTAS), the membership body for community-led enterprising organisations. She is also an entrepreneur-in-reside

Permanent staff appointments across Scotland rose at a faster pace during April, according to the latest Royal Bank of Scotland Report on Jobs.

The UK is set to experience the strongest economic growth since the Second World War this year, with a faster-than-expected recovery from the coronavirus pandemic, according to the Bank of England. The bank has hiked its estimate for UK GDP growth to 7.25% in 2021, up from February’s forecast

A consented 210 MW pumped storage hydro system (PSH) plus adjacent windfarm on the Queensberry Estate in Dumfriesshire is to be brought to market by Buccleuch.

Scottish IT company Aspen Solutions has signed Loganair as its new IT client.

The Financial Conduct Authority (FCA) has launched a consultation on proposals for a new category of fund designed to invest efficiently in long-term, illiquid assets. Within the consultation, the proposal is that these funds would be open-ended and would be able to invest in assets such as venture

Scottish shopper footfall decreased by 52.1% in April year-on-two-years (Yo2Y) as stores reopened after coronavirus restrictions were eased, according to the latest Scottish Retail Consortium (SRC) Sensormatic IQ Footfall Monitor.

Work to steer the next 30 years of development and investment opportunities for Dundee city centre could be boosted on three fronts next week if a new investment plan is approved by councillors. Councillors will be asked to back spending on commissioning consultants to support the development of the