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UK government borrowing has exceeded official forecasts in March and for the full 2024-2025 fiscal year, intensifying pressure on public finances amidst a challenging economic outlook compounded by US tariffs. Data released by the Office for National Statistics (ONS) revealed a shortfall between gov

A Japanese music producer's dream of owning a Ferrari turned into a nightmare when his newly acquired 458 Spider burst into flames just hours after he took delivery.

Opus Restructuring & Insolvency has bolstered its Scottish operations by appointing experienced insolvency practitioner Paul Dounis as a partner in its Edinburgh office. Mr Dounis joins Opus from RSM and brings over 35 years’ experience, having worked in major financial centres including A

Scotland’s commercial property market continues to see increased interest as both investor and occupier demand rose firmly in the first quarter of the year, according to the latest Royal Institution of Chartered Surveyors (RICS) Commercial Property Monitor. Overall occupier demand rose at the

Scottish biotechnology firm MiAlgae has appointed Simon Durrant as chief financial officer (CFO) as it prepares for significant growth, including a new industrial-scale production facility in Scotland planned for later this year. MiAlgae’s circular technology repurposes by-products from whisky

Edinburgh has strengthened its position as a leading green financial centre, according to the latest Z/Yen Global Green Finance Index, the leading measure of international green financial centres. While Edinburgh's overall score was lower it has risen one place in the rankings to 18th, as centres ac

The Financial Conduct Authority (FCA) is proposing streamlining the rules on the types of funds investment firms must hold to absorb losses and maintain financial resilience during periods of stress. The proposals do not change the rules about how much capital firms must hold but focus on simplifyin

Johnston Carmichael has appointed Rachel Jones, founder of online brand protection specialist SnapDragon, and Elizabeth Pirrie, CEO of AccelerateHER, to its Tech Advisory Board. The pair join a distinguished group of independent experts, who provide strategic guidance to support Johnston Carmichael&

Scottish businesses are raising prices and hiring fewer staff in response to growing financial pressures as a result of the increase in employer National Insurance Contributions (NICs), according to the Fraser of Allander Institute at the University of Strathclyde. The latest edition of its quarterl

Armstrong Watson has promoted Hannah Laidlaw-Keggans CA to senior manager within its Dumfries tax team, recognising the significant contribution she makes to the team and clients she works with.

Professional services advisory firm Hutcheon Mearns targets £10 million in revenue for 2025 as it celebrates its 10th anniversary this month. The firm was established in Aberdeen in April 2015 with a handful of staff and an initial focus on finance recruitment and consultancy services.

Former senior executives from EY and PwC are launching a new UK advisory firm, Unity Advisory, backed by up to $300 million (c. £225m) from private equity group Warburg Pincus.

The demolition of a building known as "Britain's biggest man cave" has cost around £220,000 in taxpayers' money. 

Scottish Building Society has more than doubled in size from just five years ago, as its total assets have surged to £866.5 million. Marking what the society describes as the strongest organic growth among UK building societies, this growth trajectory coincides with the tenure of CEO Paul

The Cumberland Building Society has announced that chief executive officer Des Moore will step aside from his role in summer 2026, after eight successful years with the organisation. Mr Moore was appointed in 2018 when The Cumberland was in need of a new strategic direction. With a strong appetite f