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A spectacular blue-green diamond known as the "Ocean Dream" has shattered records at Christie's in Geneva, selling for 13.6 million Swiss francs (c. £13m; 14.9m) and setting a new world auction benchmark for diamonds of its colour. Weighing 5.5 carats and cut into a striking triangular shape,

Small businesses will "no longer be left chasing money they are already owed", as ministers today introduce landmark legislation to end the "scourge of late payments". The Small Business Protections Bill (formally known as the Commercial Payments Bill) delivers the toughest crackdown on late payment

Four men have been imprisoned for their part in violent clashes between Old Firm fans ahead of the 2024 Scottish League Cup final. They have also received football banning orders extending to matches, commercial premises televising matches and journeys to and from grounds for a number of years.

The Financial Conduct Authority (FCA), Bank of England and HM Treasury have issued a joint warning that frontier AI models now pose a materially heightened cyber threat to regulated firms, and have set out expectations on how the sector should respond. The authorities said the cyber capabilities of

Shared Parenting Scotland is teaming up with Both Parents Matter in England and Wales to take their message to the highest points of Scotland, England and Wales on 30 May. Supporters will march, climb and scramble to raise banners for shared parenting on Scafell Pike, Snowdon, and Ben Nevis, the hig

Thorntons has appointed two new legal directors to its Inverness office. Gary Munro (commercial real estate) and Susan Bird (residential property), bring with them extensive experience across the Scottish legal market and deep knowledge of all aspects of the local property landscape.

An application seeking permission to appeal an arbitrator’s decision in an encroachment dispute between two vertically adjacent flats in Glasgow has been refused by a lord ordinary after he concluded that no error could be found in the arbitrator’s approach. It was argued by the petition

A major new study aims to help African nations harness international law to navigate the increasingly complex threats to their cyber security. The project, “Advancing the Application of International Law in the Cyber Context in Africa”, is led by Dr Talita Dias from the University of Exe

The Law Society of Scotland has opened nominations for honorary membership to recognise Scottish solicitors who have made an outstanding contribution to the public good through their legal careers. The award has been conferred on 23 people in the Law Society’s history, with the most recent rec

Gilson Gray has appointed experienced corporate lawyer Peter Millican as partner in its London office. In his new role, Mr Millican will support the ongoing development of Gilson Gray’s London corporate offering, with a focus on mergers and acquisitions (M&A), private equity and corporate

An offshore firm has been handed a £267,000 fine after a long-running HSE investigation found that crewman Jason Thomas was killed when he fell through a missing deck grate and was lost to the North Sea. Ensco Offshore UK Limited (EO UK Ltd) was responsible for the operation of the Valaris 121

Pope Leo XIV encountered trouble with his banking after the customer service line hung up on him. Two months into his papacy last year, Pope Leo XIV called his bank in Chicago to change his phone number and address, USA Today reports.