News

North-east environmental tech firm Recycle8, which is developing a low carbon process for the construction industry, has secured a seven-figure investment from a group of private investors. Recycl8 works in collaboration with the waste-to-energy and global construction industries to transform Incine

University of Edinburgh start-up REOptimize Systems has completed a £300,000 seed funding round to accelerate the commercialisation of its ground-breaking wind turbine improvement technology. REOptimize has concluded a £300,000 equity seed funding made by a group of investors including I

The Royal Bank of Scotland is launching a new 0% purchase and balance transfer card. The new card will offer all accepted customers 0% on both purchases and balance transfers for 20 months from account opening.

The Competition and Markets Authority (CMA) has issued a warning to a series of UK banks including Monzo, NatWest and Virgin Money after they breached a rule requiring them to send former customers their transaction histories. As a result of the Retail Banking Market Investigation Order 2017, banks

Garroch Investments has announced plans to demolish Princes House in Glasgow to make way for a £75 million office block, having acquired the building for an undisclosed amount.

Roof tile manufacturer Russell Roof Tiles has been given the green light for £1.7m plant and building works at its Lochmaben base following a short delay.

Scotland’s onshore GDP is estimated to have increased by 2.0% in April, as the stay at home restriction in place since the beginning of the year was lifted and consumer-facing services began to re-open during the month. Figures released by Scotland's Chief Statistician have revealed that outpu

The Bank of England's (BoE) new £50 note has entered circulation today. The note is the bank's first polymer £50 note and features the scientist Alan Turing.

Morgan Stanley is set to ban unvaccinated workers and clients from its offices in New York. The bank will require anyone seeking entry into its buildings to declare their vaccination status starting next month.

The Financial Conduct Authority (FCA) has published new proposals on climate-related disclosure rules for listed companies and certain regulated firms. The proposals follow the introduction of climate-related disclosure rules for the most prominent listed commercial companies in December 2020 which

A man has been arrested in connection with the theft of 21 tonnes of pistachios valued at more than $100,000. California man Alberto Montemayor, 34, of Montemayor Trucking, was arrested after an audit of Touchstone Pistachio Company found that 42,000 pounds of the seeds were missing.

The Financial Reporting Council (FRC) is seeking a £15 million fine against Big Four audit firm KPMG after a draft tribunal report highlighted misconduct in its sale of Silentnight to private equity firm HIG. The accountancy regulator is also pursuing a fine of at least £500,000 against

Accountancy and business advisory firm Johnston Carmichael is joining famous faces such as Dame Judi Dench, Sir David Attenborough and Sir Ranulph Fiennes in helping drive the UK’s green revolution as sponsors of the Conservation Without Borders ‘Round Britain Climate Challenge’. L

Scottish Enterprise has announced the appointment of Adrian Gillespie as its new chief executive. Mr Gillespie joins from the University of Strathclyde where, as chief commercial officer, he was Strathclyde’s executive team lead overseeing growth of their extensive industry facing activities a

Three UK investment management firms, Standard Life Aberdeen, Baillie Gifford and Stewart Investors, have collaborated with the charity Future Asset and the not-for-profit organisation Breaking Through Careers to develop an investment management podcast series. The series will break down industry ja