News

Rubix UK, backed by private equity firm Advent International, has completed the acquisition of Peter Campbell Sales Ltd (PCS). PCS is a specialist supplier of metal cutting tools and offers bespoke manufactured solutions across Oil & Gas, Aerospace & Defence, Automotive and Precision Machini

Tata Steel subsidiary UK Steel Enterprise (UKSE) has provided a six-figure funding boost to furniture manufacturer Aquapac.  The Cumbernauld-based company, which specialises in the manufacturing of furniture products, plans to expand its design and engineering team by 50% to

Banking legend Vernon Hill is to step down as chairman of Metro Bank with immediate effect. Mr Hill will remain a non-executive director until 31 December 2019 and he has accepted the honorary position of Emeritus chairman. This honourary title recognises his contribution to Metro Bank over the year

Brodies LLP has launched a new mobile app to provide information about health and safety obligations for businesses and guidance to help deal with health and safety incidents. The app, Health & Safety by Brodies, features easy-to-use checklists, legal updates and handy guides to support users in

Three construction firms have been fined more than £36 million in total for breaking competition law in supplying certain concrete drainage products for building projects following an investigation by the Competition and Markets Authority (CMA).

The Vatican has launched the Click to Pray eRosary which is a wearable technology bracelet featuring a crucifix interface which tracks the user's worship.

The initiation of the phase-out of Clydesdale Bank (CYBG) to Virgin Money UK has resulted in a 6% increase in CYBG's shares. The rise follows the announcement made yesterday by CYBG that a "significant milestone" had been reached which marked the beginning of the rebranding of Clydesdale and Yo

Sir Brian Souter, the co-founder of Stagecoach Group, has donated £109 million to charity in what is possibly the largest charitable donation given by a Scottish person since those given by Andrew Carnegie. The money could be donated to an array of charities including the Tearfund, Chest Heart

The Scottish Investment Bank (SIB) has joined Maven Capital Partners in a £5.3 million funding round for e.fundamentals. The funding provided by the two will allow the E-commerce analytics firm to work towards expanding into overseas markets.

Aberdeen-based chartered accountancy practice Meston Reid & Co is supporting the career development of five students – two through the only programme of its kind in Scotland. The firm has accepted placement students from Robert Gordon University’s (RGU) accountancy and finance d

The Edinburgh Tax Network, the Institute of Chartered Accountants of Scotland, Chartered Institute of Taxation and Her Majesty's Revenue and Customs, with support from Terra Firma Chambers, will present a joint seminar and discussion on 24th October on the subject of ‘Exiting from Private/Fami

Anthony Rafferty and Viva Rudkin have been appointed as the new directors for the board of financial services representative body Scottish Financial Enterprise (SFE). Anthony Rafferty is managing director of fintech company Origo Services Limited and Viva Rudkin is managing director o

Furniture and fit-out company Havelock International has been acquired out of administration for an undisclosed sum by contract furniture specialist Deanestor. The long-established Havelock Europa business was listed on the main London Stock Exchange for 31 years, from 1987 to 2018 with a peak turno

A strong summer performance and a broad range of homes available helped CALA Homes (East) secure more than 100 reservations within a single quarter. The developer, which is currently selling homes in East Lothian, Midlothian and Edinburgh achieved its record three month period in July-September, wit

Scottish agriculture charity RSABI raised over £50,000 at its annual Great Glen Challenge event with support from Bank of Scotland and RBS. The popular event has raised over £350,000 in recent years with support from over 500 rural competitors, representing over 130 company teams si