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Operating profits of £5.9 million have been reported by Macphie Limited, a rise from £5.4m the previous year, as the Scottish food ingredients manufacturer navigated “operational challenges” to deliver growth. Based in Glenbervie near Stonehaven, the family-owned business saw

The UK government has announced a significant reversal on its inheritance tax policy for family farms, raising the tax-free threshold for agricultural and business property from £1 million to £2.5m. Experts at Johnston Carmichael have characterised the decision as an "early Christmas pre

Network specialist Arrowdawn has marked its 25th year in business with a 72% rise in turnover. The Aberdeen company’s turnover increased from £1.45 million last year to £2.5m in 2024–25 – the company’s highest figure to date.

Average UK mortgage rates have dropped back below 5% in November, after a brief rise last month.

Scottish cloud computing firm iomart Group has reported a 25% rise in revenue for the first half of the financial year, driven by a major acquisition.

Aberdeen-founded environmental and engineering solutions firm RSK Group has reported a 21% rise in revenue to £2.2 billion for the financial year ending 6 April 2025. The results also showed a 13% increase in net fee income to £1.1bn and a 34% rise in cash at bank to £176.8 million

Tayside Public Transport Company Limited, which trades as Xplore Dundee, has announced a significant rise in turnover and profits in its latest Companies House filing. The company, which is part of Mcgill’s Group, saw its turnover climb to £21.4m for the financial period ending 29 Decemb

Scottish food and drink wholesaler JW Filshill has announced a 22.8% rise in profits to £4.9 million, up from £4m the previous year, navigating what it describes as "highly competitive and challenging" market conditions. In its 150th anniversary year, the Glasgow-based company maintained

Aberdeen-headquartered John Clark Motor Group has reported a rise in annual sales to over £1 billion, driven by strategic investments and franchise expansion despite a dip in profits and challenging market conditions. According to newly filed accounts for the year ending 31 December 2024, turn

A "carefully measured" easing of mortgage lending rules could help more first-time buyers onto the property ladder without causing a significant rise in payment arrears, according to industry body UK Finance. The call comes as the Financial Conduct Authority (FCA) undertakes a review of the mortgage

The Scottish Retail Consortium (SRC) has voiced concerns after the publication of the latest Recorded Crime in Scotland statistics which show a 17% rise in shop thefts over the past year, to over 47,000 incidents. David Lonsdale, director of the Scottish Retail Consortium, said: “It&rsquo

The number of Scottish firms in "significant" financial distress has risen sharply, according to new data from Begbies Traynor, as the economy continues to face global instability and domestic pressures. Providing a quarterly snapshot of the UK's corporate health, the business rescue and recovery sp

Bank of Scotland-owner Lloyds Banking Group has reported a significant rise in second-quarter profits, surpassing analyst expectations and leading to a substantial increase in its shareholder dividend. The bank's underlying profit before impairments reached £2.16bn, a 17% increase from the fir

Shepherd and Wedderburn has reported a 10% increase in turnover to £78.3 million and a 20 per cent rise in net profits to £36.1m for the year ending 30 April 2025. Andrew Blain, managing partner, said: “I am pleased we have delivered another year of strong growth. Our performance r

Springfield Properties has forecasted a rise in annual revenue to £280 million, up from £266m the previous year, attributing the growth to a significant increase in profitable land sales. In its latest trading update, the group confirmed it expects to report an annual profit before tax t