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Orkney-based engineering company Orbital Marine has launched a crowdfunding campaign to raise £4 million to help kick start the next phase of its business. The firm intends to use the funds to enable the long-term commercial operation of a tidal stream turbine off the coast of Orkney.

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Sandy Manson, chair of Johnston Carmichael and former CEO, is stepping down from the role at the end of this month after 31 years with the business. Mr Manson, a highly regarded member of the wider Scottish business community, was CEO for 12 years, seeing the firm grow from 350 people and revenues o

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The average inheritance tax bill will rise to £266,000 this year, as surging inflation tips more homeowners over the threshold, according to new analysis by investment service Wealth Club. Wealth Club has revealed that in this financial year, the average bill for a family hit by inheritance ta

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A local politician has resigned on the basis he cannot work amid allegations he is secretly the artist Banksy. William Gannon, a councillor in the south-western Welsh town of Pembroke Dock, gave the bizarre reason for his immediate resignation yesterday, The National reports.

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The Executive Counsel of the Financial Reporting Council (FRC) has imposed sanctions against KPMG and Anthony Sykes, an audit engagement partner, in relation to the statutory audit of the consolidated financial statements of Rolls-Royce Group plc for the financial year ended 31 December 2010. The fi

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