Codeplay Software, the Edinburgh-based Artificial Intelligence (AI) firm and machine learning technology developer, has agreed a landmark deal with the US government to enable its next-generation supercomputer. Codeplay’s contract with The National Energy Research Scientific Computing Center (
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There are now 27.7 million adults in the UK with characteristics of vulnerability such as poor health, low financial resilience or recent negative life events in light of the coronavirus pandemic, according to the Financial Conduct Authority's (FCA) latest Financial Lives survey (FLS). The survey lo
A £70 million investment in economic growth for Argyll and Bute was agreed today with the formal signing of the area’s rural growth deal. The rural growth deal (RGD) brings together £25m each from the Scottish and UK Governments, and at least £20m via Argyll and Bute Council
Bitcoin uses more electricity annually than the whole of Argentina, according to an analysis by Cambridge University.
Bill Michael, the chairman of KPMG UK, has apologised after receiving public backlash for telling staff to "stop moaning" about working conditions during the coronavirus pandemic. In a virtual meeting with his team, Mr Michael was told about concerns over potential pay, pension and bonus cuts, the F
Scottish businesses are more optimistic for the future now, compared to the end of 2020, according to the latest Addleshaw Goddard Scottish Business Monitor. The monitor, which is produced in partnership with the Fraser of Allander Institute indicates that more firms are optimistic about their
New research by credit reference agency Equifax has revealed that the financial uncertainty of 2020 means 85% of people in Scotland will change the way they manage their personal finances in the immediate and long-term future.
The Institute of Directors (IoD) is urging the Chancellor to put entrepreneurs at the heart of the recovery, and avoid damaging tax hikes, in its Budget submission published today. As well as calling for an extension of measures to deal with the ongoing economic impact of COVID-19, the Institute cal
Glasgow-based retirement planner Guiide has announced two new directors and one advisor as it continues to help users create tailored drawdown pension plans. Philip Hodges and Steve Goddard have joined as directors while Julius Pursaill joins the team as strategic advisor.
Almost 600,000 UK employers are at risk of business collapse in the spring without an urgent extension of government support, according to new analysis by the IPPR think tank.
Telecommunications giant BT Group has boosted the Scottish economy by £1.2 billion last year, according to an independent report by consultancy firm Hatch.
The Scottish Government paid a total of £244 million to Scottish businesses in January according to new statistics. Payments to support businesses affected by the coronavirus pandemic increased following the tightening of essential public health measures at Christmas.
A planning application for the £21 million food and drink industry development hub has been submitted to Aberdeen City Council.
Responsible finance provider Social Investment Scotland (SIS) is offering social entrepreneurs the chance to receive mentoring and advice from some of the UK’s leading retail experts as part of its 2021 SIS Retail Academy. Focusing this year on the growing global marketplace for purpose-l
A coronavirus resilience fund for legal aid firms and law centres, worth up to £9 million, has opened for applications. The Coronavirus Resilience and Recovery Fund for Legal Aid has been created to provide financial support to enable legal aid services to the public to continue - assisting th

