The Bank of England (BoE) is minded to hold interest rates steady despite the inflationary pressures triggered by the Middle East conflict, as Governor Andrew Bailey confirmed that the withdrawal of anticipated rate cuts has already effectively tightened monetary policy. Speaking at the Reykjav&iacu
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Sumer, one of the UK’s largest accounting firms, has paused its potential £1 billion auction despite attracting significant market interest from private equity investors. Founded in 2022 by former KPMG chief operating officer Warren Mead, the firm has rapidly expanded through a consolida
NatWest Group has become the first UK bank to launch a dedicated application to assist homebuyers within ChatGPT. This development allows both existing customers and prospective homebuyers to access tailored mortgage and home-buying guidance directly through the AI platform.
MML Law has advised on the sale of Dundee Press Agency to Hero Media & Entertainment, supporting a significant transition for one of Scotland’s best-known specialist publishing businesses. Founded by Graham Ogilvy more than 40 years ago, Dundee Press Agency has grown into a major publishin
Lloyds Banking Group has completed the first-known experiment into how quantum computing could help to identify money mules, marking a major step in building the skills and technology needed to tackle economic crime in the future. Lloyds Banking Group conducted an experiment that focused on money mu
Firms keen to explore growth in Asia’s largest markets amid the shifting global trade scene are invited to a free advice session focused on China and Hong Kong. Azets is hosting the event at its Glasgow office and has invited a Shanghai-based e
Edinburgh-headquartered Legado has seen triple-digit growth in its customer base over the last twelve months and is approaching half a million users as the financial services sector rushes to adopt more digital infrastructure. The Scottish fintech, which supports financial institutions in modernisin
Johnston Carmichael has strengthened its restructuring capability with the progression of Sarah Bedford to an appointment-taking director. Ms Bedford, a restructuring director based in the firm’s Glasgow office, has secured an insolvency licence from the Institute of Chartered Accountants of S
Businesses in the Highlands and Islands have continued to perform well over the past six months despite having experienced significant challenges, according to the latest business survey commissioned by Highlands and Islands Enterprise (HIE). Fieldwork was carried out between 28 October and 5 D
Coastal Workboats Scotland Ltd, the state-backed shipbuilder that revived maritime manufacturing in Stornoway for the first time in a century, has entered administration. Michelle Elliot and Graham Smith of FRP Advisory were appointed as joint administrators on 10 December 2025. The company had relo
Scottish hospitality group Buzzworks has posted a 8.4% rise in revenue to £37.3 million for the 53 weeks to 4 May 2025. This compares with revenue of £34.4m in the previous year. Underlying EBITDA was £3.32m, down from £3.77m in the previous year, which benefited from in
The price of gold has surged past the historic milestone of $5,000 (c. £3,660) a troy ounce for the first time, reaching highs of over $5,100 (c. 3,732) in Monday trading. This rally represents a continuation of the metal’s strongest weekly gain since the 2008 financial crisis, driven by
Johnston Carmichael has agreed a new partnership with STAC (Smart Things Accelerator Centre), supporting Scotland’s innovation economy and the next generation of tech entrepreneurs. Based in Glasgow, STAC is Scotland’s industry-led accelerator for product-focused tech startups.
A home-based food business in Perthshire is carving out a name in the local takeaway sector after receiving support from Business Gateway.
