News

Scotcoin – Scotland’s first and only cryptocurrency – has announced it will partner with ProBit Global to publicly list later this year, making the token available to buy and sell on the open market. The agreement will see ProBit Global, an international exchange with more than two

Michelin Scotland Innovation Parc (MSIP) has awarded Skillfluence, an experienced skills training provider, a major contract to continue the delivery of its successful MSIP Accelerator that will lead the charge for Scotland’s sustainable mobility and decarbonisation sectors. MSIP, a joint vent

The Financial Conduct Authority (FCA) is warning lenders and brokers to stop using misleading terms in their advertising or face regulatory action. The increased cost of living means that more people may take out loans. Marketing that does not give clear information and warnings about the potential

Applications are now invited for a fund to support Scottish food and drink suppliers and producers to invest in future growth. The annual Food Processing, Marketing and Cooperation Grant Scheme (FPMC) enables investment across a range of projects including buildings and equipment, feasibility studie

Lanark-based recycling and waste management business Levenseat has announced plans to invest £4m upgrading a new Materials Recycling Facility (MRF), which it purchased for an undisclosed sum from Avondale Environmental today. Levenseat says it will introduce new technologies and automated proc

JBS Group, a multi-disciplined engineering solutions and products provider, has completed a series of contracts worth £2 million. The Peterhead firm, reinvigorated since being acquired and enhanced with a new management team four years ago, has a staff of 50, with around half of its workforce

SolOLED, a University of St Andrews spin-out has received a £200,000 funding package from Scottish Enterprise to make the key materials for a range of everyday technologies – such as TV screens and mobile phones – much more sustainable and cost-effective, by removing their need fo

Andy Warhol’s famous Shot Sage Blue Marilyn painting has been sold at an auction for $195m (£158m). The sale has made it the most expensive work by an American artist sold at auction.

Despite a challenging year for many, Aberdeenshire-headquartered Acumen Financial Planning has cemented increased growth through the addition of 17 new members of staff across their various offices and companies in the group. The team expansion, which includes paraplanners, financial planners, a com

Staff at Big Four firm PwC have hit back at Lord Sugar after he called employees at the company "lazy", following an announcement that PwC will allow employees to take Friday afternoons off during the summer months. Last week, Scottish Financial News reported that the firm had written to its 22,000

According to the Scottish National Investment Bank (SNIB), the first full year of operations for the Scottish Government-owned bank has been one of significant progress. According to the lender, the bank’s team has been substantively recruited, many of its operational systems have been put in

Fast-growth businesses in Scotland continue to attract huge volumes of venture capital (VC) investment, despite the uncertain geopolitical and macroeconomic environment, according to the latest figures from KPMG UK. Scottish scaleups saw 41 deals completed in the first three months of this year, rai

Hundreds of delegates will gather in Edinburgh as an international event, the World Forum for Foreign Direct Investment (FDI), highlighting Scotland as a world-leading destination for investment and business location begins today.

Globally focused strategic space marketing firm AstroAgency, headquartered in Edinburgh, has announced it will team up with a Dubai-based space investment and advisory company AzurX, to support space businesses in both regions, access new development opportunities and forge collaborative partnership

Scottish consumers deem the government’s financial services reforms as out of touch and elitist, putting the City of London first and repeating the mistakes of the past – according to new research published today by the Finance Innovation Lab.