News

Police were called to a Le Creuset warehouse in England after hundreds of unruly bargain-hunters descended on a rare sale. The two-day sale at the luxury cookware brand's Andover, Hampshire warehouse proved unexpectedly popular, The Guardian reports.

Scotland's labour market demonstrated continued resilience in the third quarter of 2024, despite a challenging economic environment.

NatWest has banned employees from using WhatsApp and other messaging apps like Skype and Facebook Messenger on work devices.

Insurer Direct Line, which is significant employer in Glasgow, has announced plans to cut approximately 550 jobs. The decision comes as the company faces continued challenges, including a further loss of own-brand motor insurance customers.

A new Funding Accelerator programme has been launched to help Scottish startups secure investment, with a programme delivered by CodeBase-run Techscaler in partnership with Focused for Business.

Glasgow Prestwick Airport has returned a £3.2m operating profit for the year 2023-24, reflecting the strength and resilience of its diverse business model. With revenue streams spanning passenger travel, cargo operations, general aviation, fuel supply and property, the Airport continues to dem

The Financial Conduct Authority (FCA) has fined Metro Bank PLC (Metro) £16,675,200. The regulator found that, between June 2016 and December 2020, Metro failed to have the right systems and controls to adequately monitor over 60 million transactions, with a value of over £51 billion, for

Glasgow-headquartered pensions and SIPP provider @sipp has appointed Josh Legg as business development manager as the firm presses ahead with its growth strategy. Mr Legg, who has 12 years of experience in the SIPP and SSAS industry, has joined @sipp to support advisers in navigating the complex ret

Vishal Chopra, who took over from James Kergon as senior partner for KPMG in Scotland, has revealed a new-look senior leadership team. Mr Chopra now oversees a team of more than 900 people across KPMG’s offices in Glasgow, Edinburgh and Aberdeen. He stepped into the role after having most rece

Terra Firma Chambers will host a Budget Seminar on Tuesday 3 December at the Mackenzie Building, Edinburgh.

Specialist manufacturing firm Rovtech, which is owned by Aberdeen-based climate tech venture studio Ventex, has appointed John Polson as it seeks to accelerate the global expansion of nuclear energy and offshore wind. The 30-year-old joins Rovtech from Aratellus, where he was director of projects an

Edrington, owner of whisky brands such as The Macallan and The Famous Grouse, has named former Aggreko finance chief Angus Cockburn CA as its next chair ahead of Crawford Gillies' retirement. Mr Gillies will step down from the Edrington board on 31 March 2025 after eight years’ service. During

A portrait of Alan Turing by Ai-Da, which is described as the "world's first ultra-realistic artist robot", has sold for over £800,000 at a Sotheby's auction in New York. The 2.2 metre tall artwork, titled A.I. God. Portrait of Alan Turing, smashed pre-sale estimates of $120,000-$180,000,

Bitcoin has surged above $80,000 (c. £62,000) for the first time, following last week's US election result. This follows US President-elect Donald Trump's campaign promises to make the US "the crypto capital of the planet" by creating a strategic bitcoin reserve and appointing crypto-friendly

US oil company Apache has announced its intention to cease oil production in the UK North Sea by 2030. The decision comes as a direct response to the UK government's increased windfall tax on energy producers, which Apache deems makes continued investment in the region uneconomical.