News

A construction worker struck gold after he won more than $1.5 million (£1.23m) in a local lottery game. The worker from Charles County in the US is now $1,540,418 (£1,258,690) richer after playing the Maryland Lottery’s Fast Play lottery.

Edinburgh-based Par Equity has invested £38 million in early-stage technology businesses across the north of the UK in 2022, up from £25m in 2021, backing 27 companies in 2022, of which ten were new additions to the portfolio. One of the highlights of the year was the sale of Optoscribe,

The November 26 incident, which took place on a flight from New York to New Delhi, has landed Shankar Mishra in hot water.

Michelle Elliot and Stuart Robb, partners with FRP Advisory, have been appointed joint administrators of Mountview Hotels Limited, which owns The Crags Hotel and Abbotsford Lodge, both located in Callander, Stirlingshire. The Crags Hotel is a centrally located terraced Victorian property located at

Dundee-based media group DC Thomson reported a £13.9 million rise in trading revenues in the financial year ending March 31, 2022. The latest accounts filed at companies house showed that the firm's total revenues rose to £174.1m from £160.2m in 2020-21, and the company made pre-ta

Flybe has announced it will reinstate the Aberdeen-Birmingham route in its summer 2023 schedule starting from 2 June.

Foresight Group, the listed regional private equity and infrastructure investment manager, has announced the launch of a new £60 million fund dedicated to investment in Scotland. The first close was supported by cornerstone commitments from Strathclyde Pension Fund and British Business Investm

Sentiment among financial services recovered in the three months to December (+10% from -55% in September), despite gloomy expectations for activity in the quarter ahead, according to the latest CBI/PwC financial services survey.

Evelyn Partners, wealth management and professional services group, has appointed David Rankin as the new managing partner covering its Edinburgh and Aberdeen offices.

Digital health company PneumoWave has announced the closing of a £7.5 million Series A financing. The funding for the Eurocentral-headquartered company will be used to continue clinical trials of its biosensor technology that monitors potential fatal respiratory changes.

The Institute of Chartered Accountants of Scotland (ICAS) has welcomed the announcement of new measures to protect consumers who use tax repayment agents and the publication of an updated HMRC standard for agents. This follows a consultation last year.

Royal Bank of Scotland owner NatWest has announced a new cost of living support package for personal customers and community partners.

The London stock markets witnessed a significant decline (90%) in IPO activity in 2022, with just 45 issuers listing during the year, a 62% decline when compared to the record 119 recorded in 2021.

Two skateboarding fanatics have transformed a church into a skate park after successfully raising thousands of pounds on a crowdfunding site.

Amazon has said it plans to close its distribution centre in Gourock and has launched a consultation with staff, but has yet to provide details of when the base will close.