News

Denise Coates, the billionaire founder and chief executive of Bet365, secured a total remuneration package exceeding £260.8 million for the financial year ending in March. This figure represents a 65% year-on-year increase from £150m, comprised of a £104m base salary and a signific

Businesses and research organisations operating in the Highlands and Islands marine economy are being asked for ambitious project ideas to help secure £20 million for the region.

Business confidence in Scotland fell 15 points during December to 36%, according to the latest Business Barometer from Bank of Scotland. Companies in Scotland reported lower confidence in their own business prospects month-on-month, down 24 points at 38%. When taken alongside their optimism in the e

The Post Office has finalised a new five-year agreement with Cash Access UK to continue operating and expanding Banking Hubs across the nation. The deal reinforces the Post Office's central role in maintaining financial inclusion, building upon the 200 hubs already in operation. The partnership is a

The City of Edinburgh Council, in partnership with the independent Edinburgh Slavery and Colonialism Legacy Review (ESCLR) Implementation Group, has been awarded £239,746 to significantly progress the recommendations of the ESCLR. Published in 2022 and led by Sir Geoff Palmer, the ESCLR report

The Udny Arms Hotel, a historic boutique hotel in Newburgh, Aberdeenshire, that dates back to 1865, has been placed into administration by its directors in an effort to safeguard up to 40 full and part-time jobs. Kevin Mapstone of Begbies Traynor was appointed as administrator of the Udny Arms Hotel

Womble Bond Dickinson (WBD) has advised private equity firm Piper on a £7 million investment in artistry-led make-up brand VIEVE as part of a £9m funding round to fuel the company’s next stage of growth. Founded in 2020 by Scottish make-up artist Jamie Genevieve, VIEVE has establis

A restaurant is facing legal action from an angry adulterer after uploading a video which inadvertently exposed him dining with his affair partner. Italian consumer rights group Codacons is seeking damages on behalf of the 42-year-old man from Catania, Sicily, The Times reports.

East Kilbride-headquartered Hero Brands has reported positive financial results for the year ending 31 December 2024, underpinned by the continued expansion of its brand portfolio. The group delivered a group EBITDA of £1.4 million and posted an operating profit of £0.7m before exception

Gutsy Health, the Edinburgh-based creator of the Gut Wealth supplement range, has secured £300,000 of investment from Equity Gap and Apollo Informal Investments, two of Scotland’s angel investment syndicates and, Scottish Enterprise, Scotland’s national economic development agency.

Steve Taylor, the co-founder of Murray Taylor Chartered Accountants, has officially retired after 35 years at the helm of the accountancy firm. Originally from Dundee, the 65-year-old director helped grow the business from a modest team of five to a workforce of 35, specialising in corporate finance

VAT & Indirect Tax Advisors (VITA) has marked the conclusion of its 2025 Charity of the Year partnership with Sepsis Research FEAT, the UK’s only charity dedicated exclusively to funding sepsis research, by raising, nearly £7,000 to support its vital work. Throughout the year, VITA&r

The Scottish National Investment Bank has invested £20 million in Renewco Power, a Glasgow-headquartered renewable energy developer, via a fund managed by Corran Capital, a specialist private equity firm focused on clean energy and the environment. The bank joins existing investor, SSE plc, wh

Cynergy Business Finance has announced the provision of a £1 million+ facility to Scotland-based Eco-Process Solutions Limited and Eco-Genics Limited (The Eco Group), aimed at supporting the working capital requirements of the group as it embarks on future growth plans. The funding from Cynerg

ESPC has urged the Scottish Government to urgently review the current Land and Buildings Transaction Tax (LBTT) threshold for first-time buyers, warning that it no longer reflects the reality of the property market and is acting as a barrier to entry for first time home owners, particularly in high