News

Accountancy firm Grant Thornton has ended a long-running legal battle over its failure to expose a fraud at a former client, AssetCo, leaving it facing a bill of £28.6 million. On Friday, the firm told fire-engine leasing service AssetCo, that it would not pursue a further appeal.

Aberdeen Standard Investments (ASI) has launched a new Global Innovation Equity Fund, seeking to invest in companies with strong cultures of innovation across the globe. The Luxembourg-domiciled Aberdeen Standard SICAV I – Global Innovation Equity Fund will invest in all-caps and will not be r

Façade, window and door designer, manufacturer and installer, CMS Group, has appointed Andrew Charters as group finance director. Mr Charters joins Maven Capital Partners-backed CMS from the Scottish Football Association (SFA) where he has held the post of director of finance and IT for the l

Solicitor, chartered accountant and property entrepreneur David Lockhart has died. Mr Lockhart, led Scottish company Halladale to the stock market before selling it and setting up retail and leisure REIT New River.

Construction companies, engineering firms and other businesses active in the infrastructure sector stand to lose out on funding, investment and major government contracts around the world unless they take a more active role in the fight against climate change. A growing imperative for infrastructure

Scottish fintech Miconex is expanding from its Perth base with new contracts to deliver gift card programmes in Canada, the USA and Ireland, in association with international payments technology solutions provider EML Payments. Miconex operates 13 Town and City Gift Card programmes across

Property management firm apropos has attracted its highest ever monthly number of new properties during September. The firm, which operates as D.J. Alexander Ltd in Scotland with apropos as its UK-wide property management platform, has recorded an increase of 139 properties to its business

Stonehaven-based distillery Gordon & MacPhail has launched the second of four commemorative whiskies to celebrate its 125th anniversary.

The Royal Society of Edinburgh (RSE) has announced that a new cohort of academic entrepreneurs has been awarded prestigious Enterprise Fellowships. Six innovators, each with a unique business proposition, will now benefit from an equity-free support package worth up to £100,000, to aid them in

The UK new car market declined -4.4% in September, according to figures published today by the Society of Motor Manufacturers and Traders (SMMT).

A former City of London banker has opened a pop-up crazy golf venue in Edinburgh. 

National homeless charity Bethany Christian Trust has been awarded a grant of £100,000 by Barclays to help serve 3,000 households through Scotland with emergency supply packs including items such as food, toiletries and cleaning products. In April, Barclays announced a £100m Co

HSBC has halted issuing COVID-19 loans to new business customers as it struggles to meet the demand for Government-backed financial support.

Homes for Good (HFG) has secured £3 million of investment from Big Issue Invest (BII). The investment allows early stage investor Impact Ventures UK (IVUK) to successfully exit three years early.

Self Assessment customers can apply online for additional support to help spread the cost of their tax bill into monthly payments from yesterday without the need to call HMRC.