News

The wealthiest people in Britain cut their typical donation to charity by more than a fifth in the years preceding the pandemic, despite enjoying a 10% increase in income over the same period. A new study for the Law Family Commission on Civil Society has revealed a significant decline in declared d

Scotland has experienced the highest growth in average household wealth in the last decade at 66%, according to the St James' Place Financial Health Index. This compares to 19% for London and 18% in the North East of England.

Seven social enterprises that took part in Social Investment Scotland’s (SIS) ambitions leadership programme have been awarded a share of £35,000 grant funding to support continued growth and drive greater impact. Four Square, operators of the Edinburgh Furniture Initiative that works to

Plans for a distillery and heritage centre in Cabrach have received a £3.5 million boost.

The corporate finance team of chartered accountants and business advisers Johnston Carmichael has recently supported Springfield Properties plc with its acquisition of Tulloch Homes. Gordon McCarlie, corporate finance director at Johnston Carmichael

The Bored Ape Yacht Club, an in-demand non-fungible token (NFT) has been accidentally sold for a little more than $3,000 (£2,270) - one-hundredth of its market price. The Bored Ape Yacht Club is a limited run of 10,000 pieces of digital art, each with minor variations.

Aberdeenshire-based STATS UK Limited (STATS) today announced that its shareholders have executed a Share Purchase Agreement to sell 100% of the issued share capital of the company to SRJ Technologies Group plc (SRJ). The acquisition combines Aberdeenshire-based STATS with SRJ’s portfolio of di

The Wellgate Shopping Centre in Dundee was sold to a private investor for £1.4 million on Monday. The Wellgate has 76 retail units situated across three floors and a 583-space multi-storey car park.

The Financial Conduct Authority (FCA) has accepted recommendations made by John Swift QC, who was commissioned to review the design, implementation and operation of the redress scheme set up for customers who were missold interest rate hedging products (IRHPs) from 2001. The actions taken by the Fin

Thai Express Kitchen has officially opened the doors of its first-ever Scottish venue in Edinburgh’s St James Quarter following a £500,000 investment in the site.

NatWest has been fined £264.8 million following convictions for three offences of failing to comply with money laundering regulations. Mrs Justice Cockerill, the sentencing judge at Southwark Crown Court, yesterday said: “….it must be borne in mind that although in no way complici

SIPP provider iPensions Group has acquired business assets of FCA-regulated firm, Forthplus Pensions, which is currently in administration, providing certainty to its 2,500-plus customers. iPensions Group’s acquisition of the Edinburgh-based SIPP provider and administrator enables customers wh

Scotland’s Budget will deliver record levels of investment in tackling the climate emergency – helping to protect and restore the natural environment, and slash emissions from homes, industries and transport. The 2022-23 budget provides more than £2 billion for measures that will a

Oil exploration company Hurricane Energy has repurchased $28.5 million in convertible bonds which were due in 2022, saving $2.8 million in debt repayment and interest charges. The Surrey-based company, which focuses on the west of Shetland, acquired the bonds from Stifel Nicolaus Europe Limited and

A rare cask-aged collection of rums from Banchory-based Dark Matter Distillers has sold at auction for £41,800. The nine bottles date back to the opening of the distillery in 2015. All of them were aged in a virgin American oak barrel at 63.5 per cent ABV.