News

Aberdeen renewable marine and subsea equipment firm, W3G Marine, has introduced a new cost-saving and highly effective tool for the offshore energy market, after securing a £450,000 funding deal with Royal Bank of Scotland. With funding of £450,000, W3G Marine has successfully commercial

Former Rangers player Neil Mccann has lost a £200,000 battle with HMRC over his work as a TV pundit. Mr Mccann began a career in commentary work when he retired from playing football.

Accountancy and business advisory firm Johnston Carmichael has appointed Si Mathavan as its internal audit and controls assurance partner. Si Mathavan, who will be based in Johnston Carmichael’s growing London office, brings 17 years of experience to the role.

Clyde Munro has acquired Maybole Dental Practice, a busy predominantly-NHS four surgery practice with more than 9500 patients, for an undisclosed sum. Its owner David Logan joined the practice after graduating in 1993 from The University of Glasgow and worked as an associate for his father who bough

East Kilbride-based FreeFlow Technologies (FFT), which has developed a light power to weight e-Bike motor, is moving into production following the completion of a £1.65 million funding round led by investment syndicate Kelvin Capital. The new investment will accelerate the production of units

The abrdn Asian Income Fund Limited has seen its Net Asset Value (NAV) total return rise by 11% in the year ended 31 Decemebr 2021. The fund's share price total return also rose by 5.2%. Ian Cadby, chairman, confirmed that the company has delivered an “excellent performance for the 12 months t

Royal Bank of Scotland-owner NatWest Group has announced a £1.2 billion directed buyback of 550 million shares from HM Treasury. The banking giant has agreed with the Treasury to make an off-market purchase of 549,851,147 ordinary shares in the company with a nominal value of £1 each at

Edinburgh-based Smart Data Foundry, a financial data collection organisation, has appointed Frank Gauld as its new CEO. Bringing a wealth of global Financial Services and FinTech experience, Frank Gauld will drive the strategic direction of the organisation tasked with spearheading safe data sh

Craig Alexander Rattray, a Glasgow-based growth strategist and cash expert, is launching a new initiative to help SME owners take better control of their businesses. A part-time finance director to many ambitious growing companies, the former venture capitalist and corporate financier has spent more

The first-ever Unlocking Ambition Community Showcase has been held in Glasgow to celebrate the achievements of alumni from one of Scotland’s flagship business growth and leadership programmes, delivered by Scottish Enterprise.

The Competition and Markets Authority (CMA) has today published its recommendations for the future oversight and governance of Open Banking. The CMA’s recommendations will be taken into consideration in the design of a future entity to succeed the Open Banking Implementation Entity (OBIE). The

A Pokemon card has sold for a record-breaking $420,000 at auction.

Stuart Robb and Chad Griffin, partners with FRP Advisory, have sold The Glenburn Hotel, which was in administration, to the UK’s largest independent hotel group, Bespoke Hotels. The sale, which is for an undisclosed sum, adds to Bespoke Hotels’ portfolio of 90 hotels in the UK, including

Partners at global law firm Clyde & Co and UK-headquartered BLM have voted in favour of merging this July to create a combined entity with a global revenue of over £700 million per year. To be known as Clyde & Co, the merged firm will have a headcount of over 5,000 and offices in over

JP Morgan's digital arm Chase has launched a new saver account which offers savers a rate of 1.5%.