News

More than £32 million of Venture Capital (VC) was invested into Scottish start-ups in the third quarter of 2019, according to KPMG’s latest Venture Pulse survey. The figures, compiled by Pitchbook, reveal that both deal volume has dipped slightly, from 16 deals in the previous quarter, t

FNZ, Morgan Stanley and Skills Development Scotland in partnership with the City of Glasgow College win at the Scottish Financial Services Awards 2019. The winners of this year’s revamped Scottish Financial Services Awards 2019 were announced at a ceremony at the EICC in Edinburgh last night a

Accounts assistant Andrea Gibson embezzled more than £248,000 from Evans Halshaw in Glasgow. Ms Gibson manipulated financial systems to cover 45 transactions made to her personal bank accounts.

The Competition and Markets Authority (CMA) has launched an enquiry into Ovo's £500 million purchase of the retail arm of major Perth employer SSE. All 8,000 of SSE's energy services staff, including the contact centre based in Perth, will transfer to Ovo as part of the process.

Royal Bank of Scotland (RBS) and Women’s Enterprise Scotland are to host an investment day for female entrepreneurs at Gogarburn Conference Centre.

Shares in C&G Group have increased as the firm's first-half operating profit rose 9.2% to €63.8m amid a resilient performance by Tennent's Lager.

A total of 15 social enterprise start-ups have been awarded a share of £175,000 in Firstport's latest round of funding. The Start It and Build It awards are part of the Scottish Government’s Social Entrepreneurs Fund.

Edinburgh-based contactor J Smart has said that its underlying profit is unlikely to improve this year due to a decrease in demand for contracting and new private housing work. The Scotsman reported that J Smart told investors that it was "difficult to make an informed forecast for the outcome of th

Fife hotel and holiday park operator, Pettycur Bay Holiday Park Limited, saw sales decrease by nearly 10% last year in a competitive marketplace. The company also operates Kinghorn Harbour Holiday park.

The Financial Reporting Council (FRC) has launched a substantial and ambitious revision to the UK Stewardship Code. The new code substantially raises expectations for how money is invested on behalf of UK savers and pensioners.

Andrew Bailey delivered a speech at the Lord Mayor's City Banquet at Mansion House emphasising that there are strong benefits from free trade and open global financial markets and the Financial Conduct Authority (FCA) will continue to support them. He also said that a big question for the FCA is how

A restaurant in Lima, Peru has been fined $90,000 for giving women a different menu when they dine with men.

Royal Bank of Scotland (RBS) has posted a loss in the third quarter after being hit by £900 million in charges for payment protection insurance. The bank also said that its investment bank had a "particularly challenging" three months.

Stuart Robb and Michelle Elliot of Leonard Curtis Business Rescue & Recovery Limited have been appointed joint administrators of Sharc Highlands Limited and issued a call for expressions of interest in the company's assets. The company is a wholly-owned subsidiary of Sharc Energy Limited, which

A new global fitness franchise, F45 Glasgow, will open its first studio in Scotland next month after securing a £120,000 loan from HSBC UK.