News

Edinburgh-based Current Health has closed a £9 million ($11.5m) Series A funding round led by MMC Ventures and Legal & General. Par Equity and the Scottish Investment Bank, the investment arm of Scottish Enterprise also participated in this funding round.

Waracle, one of the UK's largest mobile apps and digital products developers, has received a £4.8m investment from BGF, one of the UK and Ireland’s most active investors in growing businesses, to support its long-term growth plans. Waracle designs, develops and manages mobile apps a

Erris Resources has announced that it has entered into an Option Agreement with GreenOre Gold Plc giving it the option to acquire 80% of the Loch Tay gold and associated base metals project in Perthshire. The option agreement allows Erris Resources to search for gold in the area covered by the Loch

Sir Brian Souter and Dame Ann Gloag have announced that they will step down from Stagecoach Group's board of directors. The group has announced Sir Brian Souter will step down as chairman on 31 December 2019 and will continue on the board as a non-executive director from 1 January 2020.

SIS Ventures, Scotland’s leading ‘profit with purpose’ fund, has appointed David Ovens as it gears up for its next phase of fundraising with the appointment of a new chair. David Ovens, chief operating officer at Archangels and current vice-chair of SIS Ventures, takes over as chai

Beeks Financial Cloud Group has appointed Virgin Money's Graeme Marsh as chief information security officer. Beeks Financial Cloud is a cloud computing and connectivity provider for financial markets.

The Association of Chartered Certified Accountants (ACCA) has announced that six new ACCA members have been elected to sit on its council. ACCA has also announced a new council board, which comprises the officers, three council members, two non-council appointees and the chief executive.

The Lanarkshire Women in Business Closing The Female Funding Gap event was the second event in a year-long pilot initiative aimed at boosting female entrepreneurship in Lanarkshire. Over 60 women attended the free event which was designed to help break down barriers and open up access to busine

The Scottish Chambers of Commerce has set out a list of actions the newly elected government must take in the days following the opening of parliament to ensure that Scottish businesses regain confidence to hire, plan and invest.

A book collector who purchased a signed Harry Potter book for 1p has found out that the signed copy is worth £2,500.

Majedie Asset Management has replaced Investico as the new investment manager of Edinburgh Investment Trust after an extended "period of underperformance". The decision to change investment manager occurred as the Edinburgh Investment Trust experienced another period of weak investment performance.

Lloyds Banking Group has been forced to reopen a compensation scheme set up for victims of fraud after a report revealed the bank allowed "serious shortcomings" to occur. Scores of small business owners were affected by the £1 billion HBOS scandal where consultants linked with an HBOS facility

Scottish whisky and salmon fillets have been included on a list written by US officials which details the potential targets for an expanded range of goods facing tariffs.

The Data Lab, Scotland’s innovation centre for data science and artificial intelligence (AI), has appointed two financial figures to its governance board. The appointments come after The Data Lab recently announced its selection by the Scottish Government to lead on co-ordinating a new nationw

Retail sales have seen some festive growth side from Black Friday sales distortions, according to the Scottish Retail Consortium (SRC) and KPMG.