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The Scottish economy is poised for a turnaround in 2024 after experiencing limited growth in 2023, as reported by the Fraser of Allander Institute at the University of Strathclyde. In the quarterly Deloitte-sponsored Economic Commentary, which includes an assessment of all the latest key data on the

Aurora Energy Services (Aurora) is set to play a pivotal role in propelling Scotland towards its net zero goals, thanks to a £20 million investment from the Scottish National Investment Bank. The business will use the funding to bolster and expand its network of regional training hubs and work

Alternative finance lender, Reward Finance Group, has made two key business development appointments and opened new offices in Dunfermline, in response to reaching a £14.35 million lending milestone across Scotland. Providing property investors and SMEs with tailored business finance loans and

Big Four accountancy giant PwC will allow new joiners to advance up to £1,000 of their first month's salary as part of a package of measures aimed at supporting new joiners and prospective recruits from lower socio-economic backgrounds. The actions follow a significant research project with Th

Aberdeen-based Parkmead Group has announced a substantial pre-tax loss of £35 million after impairments related to the relinquishment of North Sea licences.

KPMG UK's partnership ranks have dwindled to less than half the size of its rival PwC's, with a 7% decrease in equity partners over the past year.

SSE plc has published details of its 2023/24 interim results and announced a £2.5 billion increase to its existing five-year investment programme, expecting £20.5bn of investment to 2027 compared to £18bn previously.

In a strategic move within the energy sector, Souter Investments, led by Sir Brian Souter, has finalised an agreement to acquire Premier Hytemp, a firm in the engineering solutions space. This acquisition is a part of a management buyout spearheaded by Premier Hytemp’s CEO, Mohit Sreen, and wi

Alba Bank, founded by Scottish entrepreneur Jim McColl, has partnered with ClearBank, the enabler of real-time clearing and embedded banking, to manage payments for its customers. Alba Bank will be leveraging ClearBank and Mambu's partnership to offer near real-time payments to its customer base and

Following Deloitte's recent announcement to cut approximately 800 jobs, concerns have intensified about the sector's prospects.

Scottish-based investment syndicate Kelvin Capital has concluded record investment totalling £7.8 million in the first half of 2023, marking a 22% increase from the same period in 2022. These significant financial strides highlight the growing strength and appeal of Scottish based businesses,

The ongoing challenging economic climate has seen belt-tightening across the board, yet, high net worth individuals (HNWs) and business owners in Scotland have continued to support charitable organisations, reveals research from Rathbones Investment Management.

Scott Wright looks at First Minister Humza Yousaf's efforts to strike a balance between pro-business and anti-poverty agendas in his first Programme for Government, examining key policy initiatives, reactions from the business community, and looming challenges related to public finances and soc

Lloyds Banking Group, owner of the Bank of Scotland, has reported a surge in half-year profit despite facing a slowdown in the second quarter due to increased competition for mortgages and savings, as well as higher provisions for bad loans.

EY has recently promoted 267 senior staff members to partner status, marking a 10% increase in its partnership cohort, which now numbers 1,683 in the UK. This move underlines EY's ambitions to prioritise growth and respond to escalating client demand. However, less than half (42%) of the newly promo