News

A solicitor who prepared false invoices for non-existent work in order to steal more than £12,500 from clients’ accounts and who pleaded guilty to embezzlement has been ordered to carry out unpaid work. Louise Sutherland, 60, took the money while employed at Graeme Murray & Co Solici

Edinburgh start-up Blockchain Technology Partners (BTP) has closed a seed round of £2 million, led by Force Over Mass, a London-based venture capital firm, and Signature Ventures, an early-stage venture capital fund based in Munich and Berlin, with participation from angel investors inclu

Susannah Donaldson, legal director at Pinsent Masons, considers the impact of the pandemic on gender pay gap figures reported by large construction businesses. The Covid-19 pandemic has somewhat skewed gender pay gap (GPG) figures reported by large construction businesses for the year 2020

Edinburgh-based financial services company Nucleus Financial Group has seen its assets under administration (AUA) increase by 19% year on year, approaching the £19 billion mark. As of 30 June 2021, the company's AUA rose to £18.9 billion, up 19.2% year-on-year and 5.1% on the previous qu

Glasgow-based HV Systems (HVS) has secured a £5 million capital injection from Beehive Equity Limited, a wholly-owned subsidiary of EG Group (EG).

New data released by the Financial Reporting Council (FRC) has revealed that challenger audit firms have increased their share of FTSE 250 audits, from 4.8% to 7.6%. However, the dominance of the Big Four remains, as all FTSE 100 companies continue to be audited by EY, Deloitte, KPMG or PwC.Improvin

Young people are generally positive about their money prospects, according to the latest How Scotland Lives research from Bank of Scotland.

The UK government will undermine devolution if they establish freeports in Scotland and Wales without reaching agreement with devolved governments, according to Scottish and Welsh ministers. The devolved governments said that while they were committed to working with the UK government, UK ministers

The Competition and Markets Authority (CMA) has imposed fines totalling over £260 million for competition law breaches in relation to the supply of hydrocortisone tablets. The fines are the result of a CMA investigation into the conduct of several pharmaceutical firms which found that Aud

A fund to help regional food and drink ventures recover from the impact of Covid-19 has awarded £200,000 to a range of projects across Scotland. The Regional Food Fund (RFF), one of the Scottish Government’s 100 Days commitments, will help producers and event organisers showcase quality

A new European grant secured by Highlands and Islands Enterprise (HIE) will help the agency to support innovation in the UK's marine sector. The funding will be used to support and encourage collaboration, particularly in areas relating to low carbon.

The bond between the Sicilian mafia and American crime families is as strong as ever, it has emerged. Decades after their links were immortalised in The Godfather trilogy, police have swooped in on members of a major crime family.

A Scottish care home owner has been banned from being a company director for six years after Seabank Care Ltd in Saltcoats went into liquidation with no explanation for hundreds of thousands of pounds leaving company accounts. Laurie Gray, 50, from Hamilton, was director of Seabank Care Ltd, incorpo

Ian Wright and Scott Milne of business advisory firm Quantuma have been appointed as joint administrators to Glasgow-based property developers Titan Homes (Partick) Limited. Following a period of financial difficulties the company, which was founded in 2015, entered administration on 9th July 2021,

Edinburgh-based investment syndicate Archangels has led investment of £12.4 million in innovative Scottish tech and life sciences companies in the first half of 2021. Archangels’ H1 2021 deals data, released today, reveals that Archangels itself invested £7.3m during the first