News

Shepherd and Wedderburn’s corporate finance team advised on deals with an aggregate value of £6.03 billion in 2019. The team, which was named Corporate and Commercial Team of the Year at the 2019 Scottish Legal Awards, advised on 85 deals globally in the year to December 2019, including

Fashion retailer Ted Baker has announced that it will be cutting 160 jobs in a cost-cutting exercise. The company has said it will make cut 102 jobs and leave 58 current vacancies within the company unoccupied.

The Stirling and Clackmannanshire City Region Deal, which will ensure a £214 million investment package, was signed at a special event at Forth Valley College yesterday. The investment package covered seven areas of investment ranging from innovation, digital and culture, heritage and tourism.

Buy Now, Pay Later (BNPL) services for online shoppers are growing at 39% a year according to a new report from Worldpay.

A court has reduced the fine charged against a woman 11 years ago – for dropping a Greggs paper bag on the ground.

Lloyds Bank has informed its workforce that it will be cutting 780 full-time branch jobs in its latest round of staff cuts.

The number of Scottish Venture Capital (VC) deals agreed last year reached its highest level since 2013, raising a total of £60.9 million, according to a new study by Refinitiv.

HSBC will close a further 27 branches this year due to an increase in customers moving to online and digital banking.

Aberdeen restaurateur Syed Shabbi Ahmed, who funnelled £800,000 of customer payments into a secret bank account, has been banned from running a business for 11 years.

Whisky giant Diageo has issued a profit warning as the COVID-19 (Coronavirus) outbreak intensifies across the globe.

The Financial Conduct Authority (FCA) has admitted to accidentally posting the personal information of an estimated 1,600 people who complained about it on its website. The FCA has issued a statement which says that in a response to a Freedom of Information Act request published on our website in No

Glasgow-based Novel Technologies Holding (NTH) has secured a £500,000 funding package from private equity investment manager Foresight Group. Novel Technologies Holding which has developed an eco-friendly antimicrobial technology, will utilise the funding to help develop an 'anti-smell' fabric

Global packaging business Aldus has agreed to buy API Foils in Livingston, which went into administration earlier this month. The packaging factory, which makes foils and laminates, closed its doors on the 31st of January, causing 107 job losses at the Livingstone factory site.

Metro Bank has announced that it will repay £50 million of bailout funding to RBS. The announcement arrives as the bank altered its strategy after releasing its full-year results and scaled-back its plans for branch expansion over the next few years.

Digital enablement specialist AND Digital has announced its first Scottish office in Edinburgh thanks to an £11 million equity investment from BGF. AND Digital will utilise the investment from BGF to support the company's continued growth and global expansion.