News

One Four Nine Group has completed its second Scottish acquisition with the purchase of Aberdeen-based Russell Gibson Financial Management Limited. This move further expands the independent financial advice and fund management firm's footprint into Scotland, following its recent acquisition of APC Fi

NatWest Group has announced that Scott Marcar will join its executive committee as chief information officer from 5 September 2022, subject to regulatory approval. Mr Marcar joins the group from Deutsche Bank where he was CIO. Scott has over 25 years of technology experience having led teams across

A dummy of Frankenstein's monster held at the V&A in London has led to a trans-Atlantic ownership row after a museum in the US called for it to be repatriated. The seven-foot wooden mannequin is based on the actor Boris Karloff, who played the monster in his films in the 1930s and '40s.

A University of Glasgow spinout which aims to create more effective methods of treating lung diseases has secured a £1m grant from Innovate UK.The award will help the Acu-Flow team and their research partners advance the development of their nebuliser technology, which uses an innovative surfa

The Post Office has posted figures showing that a record £801 million in personal cash withdrawals were made in July.

Commercial property company HFD Group has made two new appointments to its board with the promotion of Stuart Teape and Katrina Ovenden to finance director and legal director respectively. Mr Teape joined HFD in July 2021 and previously held a number of senior finance roles within the

Royal Bank of Scotland has called for donations to support Ukrainian refugees arriving in the capital through its donation distribution hub.

Fund manager abrdn has posted a £320 million pre-tax loss in its 2022 interim results, down from a £113m profit for the same period last year. The loss is attributed to global economic instability with fee based revenue falling 8% to £696m and adjusted operating profit 28% low

A Scottish designer and manufacturer of musical accessories has closed a £250,000 funding deal with Reward Finance Group to develop two new products. Edinburgh-based Noisy Clan was established in 2019 by David Law, an experienced product designer who has spent much of his career running b

The keynote speakers for this year's Engage Invest Exploit (EIE22) have been announced. The lineup consists of Scotland and the UK's top tech luminaries - Scotland’s chief entrepreneur Mark Logan, Women in Enterprise Review chair Ana Stewart, and newly appointed techUK president Sheila Flavell

Aberdeen-headquartered PD&MS Group has secured a three-year operations and maintenance (O&M) contract with Vattenfall to support its European offshore wind portfolio for an undisclosed sum. The contract, which also has options to extend for a further two-year period, will see the engineering

A union has been ordered to pay over $13 million (£10.7m) in compensation to Warrior Met, an employer of its members who have been on strike for more than a year. The union group, United Mine Workers of America, comprising of roughly 1,100 members was ordered to pay the sum by a federal oversi

Open document and data platform specialist Legado has acquired the consumer and B2B bill management technology from WonderBill. Launched in 2016 and backed by Shell Ventures, WonderBill allowed consumers to manage all their household bills and subscriptions.

The Financial Reporting Council (FRC) has released the 20th edition of its annual Key Facts and Trends (KFAT) report. This year's KFAT shows that membership of the accountancy bodies continues to grow, with nearly 390,000 members in the UK and Republic of Ireland and over 590,000 members worldw

The Financial Reporting Council (FRC) has fined PwC £2.5 million and handed out a £60,000 fine to audit partner Richard Hughes. The verdict comes after an investigation revealed failings in PwC's 2017 audit of BT Group Plc after the discovery of £512m fraud.