News

The Financial Conduct Authority (FCA) has revealed plans to significantly expand its regional presence, aiming to double the headcount across its Edinburgh and Leeds operations to over 1,000 staff within five years. This expansion supports the regulator's new five-year strategy focused on deepening

Blackstone has reached an agreement to acquire a 22% minority stake in AGS Airports from AviAlliance for £235 million.

SSE plc has named Martin Pibworth as its next chief executive, succeeding Alistair Phillips-Davies. Mr Pibworth, currently SSE's chief commercial officer and a board member since 2017, will formally assume the CEO role after the company's annual general meeting (AGM) on 17 July 2025. He joined SSE i

Edinburgh Airport has announced a new seasonal route to Montreal, operated by Air Canada.

A game-changing aerospace technology firm has secured a £500,000 investment to accelerate its mission of revolutionising space launch guidance systems. Backed by Kelvin Capital, Gabriel and Scottish Enterprise, Edinburgh-based Aurora Avionics is now looking to use the fresh injection of funds

Inverness Caledonian Thistle's (ICT) former chairman and investor Alan Savage has tabled an £800,000 bid for a complete takeover of the football club. This move comes after the club entered administration last October due to significant debts, with administrators recently highlighting a "signi

A Los Angeles-based animation and visualisation company has announced plans to invest £28 million in a new Glasgow studio, creating up to 250 jobs over the next three years. Founded in 2003, Halon Entertainment – renowned for its work on blockbuster films like Planet of the Apes and Miss

Both lenders and borrowers should familiarise themselves with the upcoming changes to the law governing assignation and security over moveable property in Scotland which the Moveable Transactions (Scotland) Act 2023 (MTSA) will bring into effect from 1 April, writes Shonagh Brown. Historically, this

Property taxes in Scotland raised £686.5 million in the last year according to analysis of the latest statistics by DJ Alexander. The property firm said that Scottish Government revenues from Land and Buildings Transaction Tax (LBTT) increased by 17.6% over the previous 12 months.

Administrators overseeing the liquidation of Perthshire-based Hadden Construction Limited have revealed that unsecured creditors, owed millions, are unlikely to receive any funds. The company, which entered administration last September, resulting in 67 job losses, has amassed debts exceeding £

A thief caught stealing hundreds of Cadbury Creme Eggs has been banned from Cambridgeshire. Deon De Groot, 26, must stay out of the county for three months after being found guilty of taking over £200 worth of the chocolate snack from a supermarket.

Chancellor Rachel Reeves' Spring Statement has drawn mixed responses from tax and business experts, highlighting both welcomed measures and lingering concerns. Chris Campbell, head of tax at ICAS, highlighted the delayed implementation of Making Tax Digital (MTD) for Income Tax for those with income

The UK government has confirmed it is looking to reform ISAs and potentially cut cash allowance, with a focus on balancing cash and equity investments. While Chancellor Rachel Reeves' Spring Statement avoided direct mention of ISAs, accompanying documents revealed plans for a consultation on the sav

Kelso Pharma has secured over £140 million in acquisition funding and appointed Graeme Duncan, former ADVANZ PHARMA CEO, as a non-executive director. The funding, facilitated by existing investor Apposite Capital and debt facilities from Kartesia, was partially used for the recent acquisition

Aberdeen City Council has allocated over £1 million in grants to bolster local businesses and organisations, aiming to stimulate community development The council’s Finance and Resources Committee yesterday (Wednesday 26 March) agreed the money for the projects which include Tall Ships e