News

Jim Tucker, David Pike and Mike Pink from KPMG’s restructuring practice have been appointed joint administrators of retail property company Intu Properties plc, the owner of the Braehead complex near Glasgow. The retail landlord had been in financial restructuring talks with lenders all of las

Edinburgh start-up Breathe Easy has won a £50,000 grant from the Scottish Government to help with its development of the first lip-reading face masks in Scotland.

Scottish exporters have secured almost £32 million of overseas sales according to UK Export Finance’s (UKEF) annual report and accounts.

The Scottish Government has called for an extension of its financial powers within a newly published blueprint for the country's economic recovery. The report entitled COVID-19: UK Fiscal Path – A New Approach also proposes the creation of a UK-wide £80 billion stimulus package to r

Scottish Government advisors are calling for ministers to levy more tax from Scotland's higher earners to boost the country’s economic recovery and relieve the burden on lower-paid Scots. 

Wealthy holidaymakers are enjoying socially distanced travel with the advent of £1 million private jet package holidays.  Jet broker Fly Victor has seen bookings rise by 80% in the last few days, according to its founder, Clive Jackson.

Eggplant, the software testing business developed by Edinburgh-based entrepreneur George MacIntosh, has been acquired by Santa Rosa, California-headquartered Keysight Technologies, the New York Stock Exchange-listed tech group for $330 million. Eggplant has been majority-owned by global investm

Donald Trump has been threatened with legal action by rock band The Rolling Stones for using their songs at his campaign rallies despite cease-and-desist directives.

The growing international role of Scotland’s fintech cluster was given a further significant boost today with the announcement of £22.5 million innovation funding for the Global Open Finance Centre of Excellence (GOFCoE) to be established in Edinburgh and the Central region. The news was

KPMG’s Aberdeen team has completed the first stage of its relocation to the multi-million pound Marischal Square development in Aberdeen.

The Scottish Professional Football League Trust (SPFL) has announced that it has secured a further £1.25 million funding boost from a donor who wishes to remain anonymous. 

Plans for a £15 million investment by London & Scottish developments, part of Glasgow-based London & Scottish Property Investment Management, to transform the former site of the Nestlé Purina factory in East Renfrewshire and create hundreds of jobs have been approved.

Edinburgh-based Reactec, a tech firm which recently launched a social distancing monitoring device, has completed a £700,000 funding round led by Archangels.  The money raised will be used for the ongoing development of its personal monitoring equipment and reporting technology.

In the face of unprecedented health and economic disruption caused by the COVID-19 pandemic, millennials and Gen Zs express resolve and a vision to build a better future, according to a new survey by Deloitte.

Perthshire-based enterprise support organisation GrowBiz has launched the first multi-million-pound campaign of its kind to support the thousands of micro-enterprises across rural Scotland disproportionately affected by the coronavirus pandemic. Over 60% of rural and island businesses in Scotland ha