News

Over 3,900 bottles of primarily single malt Scotch, with an estimated hammer price of £7m - £8m will be sold by online whisky auction specialists Whisky Auctioneer next year.

Standard Life Aberdeen owned Phoenix Group has struck a £3.2 billion deal to buy rival ReAssurance, providing key opportunities for the company. The deal adds £84 billion of assets under administration and over 4 million policies to Phoenix which employs approaching 3,000 staff in S

Oban-based Nc'nean Distillery has launched a £1 million crowdfunding campaign to fund the launch of its first whisky. The distillery plans to use the funds to buy bottling equipment, develop new products and grow their existing products.

A new restaurant called Ka Pao is set to open its doors in Glasgow in January 2020 after securing six-figure funding from HSBC UK. The team behind the popular Kelvingrove restaurant, Ox and Finch, has today announced that its new restaurant, Ka Pao, will create 35 new full-time jobs as it bring

Administrators Blair Nimmo and Alistair McAlinden from KPMG have confirmed Watt Brothers’ flagship store will close next week. As the store enters its final week of trading ahead of its closure on Sunday 15th December 2019, discounts of up to 70% have been applied on all remaining stock.

Grangemouth-based IT support provider Exmos is the latest business in Scotland to become employee-owned, with nine staff-members given a stake in the business. Exmos provides a range of IT support services to over 100 businesses in the UK and internationally.

Permanent staff placements rose for the first time in five months in November, to provide a tentative sign of recovery in Scottish labour market conditions, according to the latest Royal Bank of Scotland report on jobs. Temporary billings also rose, although the rate of increase eased to a modest pa

Marketplace lender Assetz Capital has provided a £615,000 loan for the purchase of Fife-based four-star luxury guest house Dukeside Lodge. Located in the St Andrews area of Fife and within a mile of the famous Duke’s Golf Course, the recently refurbished Dukeside Lodge comprises 13 indiv

The Institute of Chartered Accountants of Scotland (ICAS) has found in its latest poll of members that 54% do not think the latest Brexit deal is “positive” for business. The ICAS Brexit Tracker, in association with leading law firm Brodies LLP, is a quarterly snapshot of how chartered a

PwC, Royal Bank of Scotland and Morgan Stanley have joined forces to help improve gender diversity in the technology sector in Scotland. The firms have teamed up to launch the Tech She Can Charter in Scotland, which aims to generate a lasting increase in the number of women pursuing technology

Scottish law firm Lindsays has outlined a series of measures which it says can give small businesses a fighting chance of success. Kenny Gray, a Lindsays partner in commercial property with expertise advising SMEs, has commented ahead of the annual Small Business Saturday about the simple steps that

Firstport has launched its £500,000 Boost It fund which offers innovative finance to environmental social enterprises. The new programme from the Social Entrepreneurs Fund has opened for applications this week.

Ten victims of the M&D's rollercoaster crash in 2016 are to receive £1.2 million in damages from the owners of the amusement park.

De La Rue, the world's largest printer of money is running out of money. De La Rue has printed bank notes for the Bank of England since 1860 and also prints currency for a further 140 countries, issued a warning last week that there was "significant doubt" regarding its future.

Accountancy and business advisory firm Johnston Carmichael has expanded its leadership team with four new promotions. Emma Waterman, who heads up the firm’s Inverurie office, and Stewart Pennington, who is based in Edinburgh and plays a leading role in the food and drink team, have both been p