News

Deutsche Bank has encountered an unexpected challenge in its bid to relocate hundreds of workers from Russia to Germany – transporting their pets. Staff at the German bank's technology centres in Moscow and St Petersburg were given the opportunity to relocate to Berlin following the outbreak o

The Scottish government contract managed by the Accountant in Bankruptcy (AiB) has just been announced and awarded to two Scottish businesses, Dunedin Advisory Ltd and Wylie & Bisset. In the case of Wylie & Bisset, the contract has been awarded for an unprecedented fourth time in succession.

In collaboration with FinTech Scotland, TSB is launching an innovation lab “TSB Labs” in Edinburgh, inviting fintech small and medium enterprises (SMEs) to work together and address relevant customer challenges.

Scottish-based Christies Parks has been sold to Park Holidays, as the UK company continues expanding its portfolio of holiday locations. Commercial real estate firm Colliers arranged the deal on behalf of Christies Parks Ltd, to sell the pair of holiday parks to Park Holidays, off a guide price of &

An Aberdeen firm which supplies major construction operators across Scotland has completed its move to becoming an employee-owned business, advised by accountancy and business advisory firm Azets. International Doors and Windows Ltd (IDAW), which was set up in 2006, is looking to expand an

Scottish tour company Rabbie's has secured a £7 million investment from consumer brands specialist, Piper. Founded in 1993 by Robin Worsnop, Rabbie’s began with him taking small groups of travellers around Scotland in his first 16-seater mini-coach. Today, it has almost 100 luxury vehicl

HM Revenue and Customs’ (HMRC) Glasgow regional centre and UK government hub has been formally opened by Jim Harra, HMRC’s first permanent secretary and chief executive. The state-of-the-art building at 1 Atlantic Square, which also accommodates the Cabinet Office’s second headquar

Female-powered businesses are attracting an increasingly large amount of equity investment – a record £5.05 billion in 2021 – but female founders are more vulnerable to the dilutive effect of equity funding than their male counterparts, according to J.P. Morgan Private Bank. The ba

Global professional services firm EY has backed a new partnership with ENABLE Scotland and Edinburgh Napier University to create equality across those accessing higher education opportunities. Whilst 45% of all Scotland’s school leavers go to university, only 8.6% of school leavers who have a

AMLify has announced a new partnership with Amiqus to deliver specialist educational support and training, auditing and consultancy services in relation to anti-money laundering legislation in the UK. Tech company Amiqus is the Law Society of Scotland’s strategic partner for compliance softwar

Tech giant Apple has made an unexpected move into the "buy now, pay later" (BNPL) market with the coming launch of Apple Pay Later. Initially available only in the US, Apple Pay Later will allow iPhone and Mac users to split purchases using Apple Pay over four equal payments in a six-month period, w

Ancient artefacts worth around £4 million were destroyed by a man who was mad at his girlfriend, authorities have said. Brian Henandez, 21, was arrested shortly after a late-night rampage through the Dallas Museum of Art (DMA), which has no connection with him or his partner.

Edinburgh-based Codeplay Software will be acquired by Intel for £48 million following a sale agreement with Foresight Group, a listed infrastructure and regional private equity investment manager, subject to regulatory approval. Codeplay is one of the UK’s leading providers of solutions

The Competition and Markets Authority (CMA) has provisionally found that Elite Sports, JD Sports and Rangers Football Club broke competition law by fixing the retail prices of certain Rangers-branded clothing products.

Big Four accountancy firm PricewaterhouseCoopers (PwC) has been fined £5 million in relation to its audits of Galliford Try and Kier Group. The company was fined a total of £8,850,000, adjusted to £4,998,500, by the Financial Reporting Council (FRC) - £3,038,750 and