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MFMac has posted 7% year-on-year revenue growth, with group revenues surpassing £50 million in its first full year of trading. In the same period MFMac has increased its profitability by almost 30% from £14.7m to £19m. As a result, all staff will share in a firm-wide profit share p

House prices in Aberdeen have seen a quarterly rise of 3.8%, a new report has revealed.

John Graham Holdings Limited, holding company of construction firm GRAHAM, has announced a successful financial year, marked by a significant 71% increase in profit before tax to £25.2 million, up from £14.8m, for the year ending 31 March 2025. This strong performance came despite a mode

Increased HMRC activity could be causing the recent rise in Scottish company liquidations, according to an Aberdeen insolvency specialist. New figures from Creditsafe showed 141 new Scottish administrations and liquidations in May – the highest number since December 2022 when 142 cases were re

Morris & Spottiswood has announced its best-ever consolidated financial results, achieving exceptional growth in turnover, profit and cash reserves during 2024, driven by strategic sector growth and diversification and operational excellence across its business portfolio. The group, which is cur

Aberdeenshire catering firm Entier has reported a record turnover of £82.5 million for the financial year ending 30 September 2024, up from £76.8m the previous year. Pre-tax profits also increased, rising from £2m to £2.8m.

In March 2025, there were 118 company insolvencies registered in Scotland, 3% higher than the number in March 2024. The total number of company insolvencies was comprised of 55 CVLs, 57 compulsory liquidations and six administrations. There were no CVAs or receivership appointments.

Annual statistics for the financial year 2024-2025 show a slight increase in corporate insolvencies in Scotland, contrasted by a notable decrease in personal insolvencies. There were 1,175 corporate insolvencies recorded, representing a marginal 0.6% rise from the previous year (1,168) and a 3.8% in

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.

A local Ayr bakery is on the rise after securing a listing with a national supermarket chain following support from Business Gateway. Led by director Rachel Munro, The Rebel Baker specialises in creating allergen-free products that meet the needs of sweet-toothed individuals with food sensitivities.

Business confidence in Scotland rose by two points during March to 55%, according to the latest Business Barometer from Bank of Scotland. Scottish businesses reported higher confidence in their own business prospects month-on-month, up 15 points at 65%. When taken alongside their optimism in the eco

Scotland's labour market demonstrates continued strength, according to recent figures from November 2024 to January 2025. Despite economic challenges, the employment rate in Scotland rose to 74.1%, a 0.9% increase over the quarter, although it remains below the UK average of 75%. The unemployment ra

Glasgow-based packaging provider, Macfarlane Group, has announced a 3% rise in pre-tax profits for 2024, reaching £20.9 million, despite a 4% decrease in revenue to £270.4m. The company's resilience comes amidst "challenging" market conditions, with its core packaging distribution busine

House prices in Scotland began 2025 in growth mode, according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey, and they are expected to continue rising into the three months ahead.

Negative quarterly and annual house price changes have been recorded for Aberdeen's housing market, at -1.7% and -3.3% respectively, according to a report from the University of Aberdeen Business School's Centre for Real Estate Research.