News

Digital bank Monument has announced that the Prudential Regulation Authority and Financial Conduct Authority have lifted deposit restrictions on its licence, so it can now operate as a fully-licensed deposit taking bank. Monument is the first neo-bank to be launched in the UK specifically to me

A five-year plan backed by more than £100 million of funding to help build Scotland’s hydrogen economy has been published by the Scottish Government. The draft Hydrogen Action Plan sets out the strategic approach the Scottish Government will take with industry to help make Scotland becom

Apple's original computer has sold for $400,000 (£294,990) at a US auction.

Azets, the accountancy firm specialising in the SME sector, has appointed family business expert Norma Stewart as an accounts and business advisory services partner based in the firm’s Glasgow office. Norma Stewart has over 30 years’ experience advising family businesses and their owners

abrdn, the fund management firm formerly known as Standard Life Aberdeen, has confirmed that it is in talks to acquire online investment service, Interactive Investor. A spokesperson from abrdn told Scottish Financial News that it is currently in discussions with J.C Flowers & Co, who is th

Finance specialists Access2Funding has acquired chartered tax advisers and accountants George & Co (Scotland) Limited for an undisclosed sum. The independent Edinburgh-based chartered tax advisers and accountants’ firm will now sit under the umbrella brand being ‘powered by

Dunbar-based business AR First has acquired its first dental practice as it looks to kickstart a new growth journey, with six-figure support from Bank of Scotland. AR First is a new business, founded by Ahmed Abdou and Riyad Rawashdeh. The partners have more than four decades of dental experience be

Outline plans for a new malt whisky distillery beside the Dornoch Firth have been lodged with Highland Council. The Midfearn Distillery Company Ltd. proposes to build its distillery on the Midfearn Estate at Easter Fearn, three miles south-east of the village of Ardgay on a site close to where whisk

An increase in the number of people buying and selling homes for £1m-plus has been experienced this year according to the residential property team at Lindsays. According to Lindsays, the team have already been involved in more than twice as many seven-figure transactions so far this year than

Law firm Macdonald Henderson has been double shortlisted in two leading Scottish corporate awards along with major corporate law firms in the sector. The firm is one of three corporate law firms shortlisted for “Legal Advisor of the Year” at the Scottish Business Insider Deals & Deal

Raeburn Christie Clark and Wallace (RCCW) has reported a 40% rise in demand for rural homes. The firm said it had sold around £170 million-worth of properties in the year to July 31, £110m of which involved rural homes.

The HALO Urban Regeneration Company has announced PRA Group, Inc., a global leader in the nonperforming loan industry, as the anchor tenant of Kilmarnock’s HALO Enterprise and Innovation Centre (HEIC), bringing career opportunities and a 15-year commitment to the town. The US-based PRA Group e

Livingston Trade Park is set to welcome its first two tenants, with the news that City Plumbing and consumer goods company IOC Anabtawi UK are moving to newly-built facility on Houstoun Road, within the established Houstoun Industrial Estate.

Projects that restore nature and tackle the causes of biodiversity loss will benefit from a share of at least £13.5 million annually through a Scottish Government fund set up following agreement with the Scottish Green Party. The Nature Restoration Fund will fund projects that address the biod

Queen of Rock 'n' Rolll Tina Turner has launched legal proceedings against a tribute act whom she claims looks too much like her. Lawyers for the 81-year-old star say concertgoers could be misled by posters for Simply the Best – The Tina Turner Story because its star looks so much like the rea