News

Glasgow-based TotsBots, the reusable nappy company, has been acquired by Frugi, the Cornish organic children’s clothing brand. Tracy Carroll, finance & ops director at Frugi, Fiona Smyth co-founder at TotsBots, Hugo Adams CEO at Frugi, and Marcus Smyth co-founder at TotsBots

A goalkeeper who was hit by a football has won a £500,000 payout over the injury.

Aberdeen Standard Investments (ASI) has promoted Dominic Byrne as head of global equities. Mr Byrne currently holds the position of deputy head of global equities and will succeed Stephen Docherty, who is stepping down for personal reasons after serving the company for 25 years.

Accountant Andrew Neilson has been promoted to president of the ESCO division at Weir Group PLC. Mr Neilson succeeds Jon Owens who has chosen to retire from the role after 32 years of service.

Retail sales over the two months of November and December, outside of the Black Friday distortions, decreased by 0.9% according to the Scottish Retail Consortium (SRC) - KPMG Scottish Retail Sales Monitor.

Heather Kiteley, who currently holds the position of director of finance and corporate services at Port of Leith Housing Association Group, has been appointed as chief executive of the group. Ms Kiteley will take up her new role when Keith Anderson retires in May.

The UK's inflation rate decreased to its lowest point for more than three years in December, adding weight to the notion that interest rates could be cut.

Three new partners, eight new directors and six new associates have been appointed by chartered surveyors DM Hall. The new partners are Jonathan Hunter, Musselburgh Residential, Jonathan McManus, West Commercial Agency based in Glasgow and David Telford, Falkirk Residential.

House prices in Scotland are growing faster than the rest of the UK, however, Scottish Building Society chief Paul Denton has warned that demand outstrips supply.  House prices in Scotland are growing faster than the rest of the UK with the average property £154,798 – an increa

Edinburgh-based fintech Float has completed a £1.5 million seed funding round led by Marchmont Ventures. The funds will enable the company to open a new office in Australia, capitalise on the growth of the cash flow forecasting sector it created, and perfect its forecasting solution

All 23 members of staff have been made redundant at the Borders branches of Leven Car Company after Leonard Curtis Business Rescue and Recovery was appointed as administrators last week.

The UK Government has agreed a rescue plan to save troubled airline Flybe.

First Minister Nicola Sturgeon has today launched a new £6 million fund to support projects helping small and medium-sized business (SMEs) take advantage of the global transition to a low carbon economy.

The UK’s tech sector is outperforming all the others in Europe, and even those in the US and China - in terms of the increase in venture capital investment it saw in 2019, according to the latest data collected for the Digital Economy Council. The data reveals that investments in the UK tech s

Wellness and stylish city living are amongst the key focuses for Glasgow's commercial real estate market whilst and further overseas investment is expected for Edinburgh, according to the 2020 Commercial Real Estate Forecast from Avison Young.