News

Digital bank Monzo has unveiled a new scheme to "double the salary" of ten lucky customers every month. The initiative aims to incentivise users to switch their primary salary payments to the app-based bank, as it continues to compete aggressively with traditional high-street lenders.

Property services firm Bellrock has acquired Scotland-based property and construction consultancy Axiom. Axiom will join Bellrock’s consulting division, alongside Summers Inman, JRP, Oakleaf & Nifes and C&P. The business will continue to be led by managing director, Gary Logue, who wil

With the Festive season approaching, hospitality and service industry businesses are being warned that they could face fines and the prospect of an employment tribunal if they do not comply with The Employment (Allocation of Tips) Act 2023. The 2023 Act, which impacts more than two million staff wor

The soaring cost of ingredients has caused profits at Tunnock's to plummet by nearly 80%, despite the Scottish confectionery brand recording increased turnover in the last financial year.

AAB has acquired GS Verde Group, marking its expansion into Wales and the South West, while establishing a platform to build a key regional hub. The GS Verde Group operates as a multi-discipline advisory firm, specialising in guiding businesses through a wide range of corporate transactions includin

A large offshore oil and gas company has been sentenced and fined £560,000 after failing to properly maintain pipework for seven years. Pipework on Shell UK's Brent Charlie platform in the North Sea deteriorated to such an extent that contained hydrocarbon fluids escaped, forming a potentially

Edinburgh-based St Andrews Timber & Building Supplies is celebrating a major milestone with the completion of one million sales.

Whitbread PLC, the owner of the Premier Inn hotel chain, has received confirmation from the City of Edinburgh Council that it has granted planning permission for the conversion of Capital House into a 195-bedroom Premier Inn.  Whitbread will invest £21 million in the conversion and rear e

Edinburgh-based AI and data consultancy Optima Partners has secured investment from Growth Capital Partners (GCP) to accelerate its expansion across the UK and Europe. The transaction facilitates a successful exit for early investor BGF, which first backed Optima in 2022. The deal delivered a 4x ret

The Scottish Football Association has unveiled Barclays as the first-ever naming partner for the National Stadium, officially rebranding the venue as Barclays Hampden. This multi-million-pound, long-term partnership extends beyond the stadium’s renaming. Barclays will become title partner of t

The UK’s largest independent timber distribution and processing group, National Timber Group, has entered administration, resulting in the immediate closure of six Scottish sites and the loss of 169 jobs across the country.

Bank of Scotland has appointed Matthew Peters as area director for Edinburgh and East of Scotland. Mr Peters, who took up the role in October, is based at the bank’s office at The Mound and will lead a team of seven, including five relationship managers and two relationship directors. Together

More than €90,000 worth of snails destined for Michelin-star restaurants have been pilfered by French thieves. The slimy crooks nabbed 450kg of top-quality snails from L'Escargot des Grands Crus in Bouzy, a village near Reims in the historical region of Champagne.

In this edition of our Just A Minute Q&A series, we speak to Russell Wardrop, CEO and co-founder of Glasgow-based training and facilitation firm KWC Global. I was an architect and after dinner speaker turned academic who fell in love with teaching professionals how to communicate and influence.

Richard Hughes, chair of the Office for Budget Responsibility (OBR), has taken the "unusual step" of publishing the evolution of the watchdog’s economic forecasts, confirming that Chancellor Rachel Reeves knew she had met her financial targets days before warning the public of a dire economic