More than half (52%) of board members appointed to UK financial services firms in the past 12 months brought technology expertise to the table – up from 36% the year prior – as AI and emerging technologies rise up the corporate agenda. The latest EY European Financial Services Boardroom
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St Andrews' Old Course Hotel has reported a pre-tax loss £890,000 amid rising revenues, but saw its net liabilities more than double to £9.1 million following increased borrowing from its American parent company, Kohler.
Average monthly mortgage payments in Scotland have fallen by over £140 since the end of last year, signalling improving affordability in the housing market. According to Rettie, the average payment stood at £1,057 at the end of the second quarter of 2025, down from over £1,200 in l
The UK economy grew by 0.3% in the second quarter of the year, a slowdown from the 0.7% growth recorded in the first three months. The official figures, confirmed by the Office for National Statistics (ONS), come as firms reportedly front-loaded spending earlier in the year to pre-empt potentia
AG Barr, the maker of IRN-BRU and Rubicon, has reported a strong first half, with adjusted pre-tax profits surging by 20.1% to £35.2 million for the 26 weeks ending 26 July 2025. The beverage company saw revenue rise 3.1% to £228.1m and has reconfirmed its profit expectations for the ful
STV reported a pre-tax loss of £200,000 for the first half of the year, a sharp downturn from the £4.8 million profit recorded in the same period last year. The loss was driven by a 16% fall in national linear advertising, contributing to a 10% drop in total advertising revenue to £
Glasgow-based KWC Global, a training and facilitation company which is this year celebrating its 25th anniversary, has recorded a turnover rise from £1.01 million in 2021 to £2.07m in 2024 – a 106% increase over four years. Originally established in 2000 as Kissing With Confidence,
Local businessman, Malcolm Morrison, discusses the economic potential of the Highlands, outlining the challenges and opportunities faced by businesses in the region and calling for greater support to foster growth. My heart and passion lie in the Highlands. I live and work here, and I want nothing m
Patience and Buchan and Thorntons, have announced a merger that will strengthen legal services in Aberdeen and beyond. Patience and Buchan’s two partners, Lorna Buchan and Ashley Simpson, and four employees will transfer to the merged firm, which will be known as Thorntons, on 1 October.
Scottish company insolvencies fell by 7% in August 2025 compared to the same month last year, with a total of 95 businesses collapsing. The figure was comprised of 47 creditors' voluntary liquidations (CVLs), 43 compulsory liquidations, and five administrations. The overall insolvency rate for the 1
Springfield Properties has revealed it is in "advanced discussions" with power infrastructure providers in the north of Scotland, which could open up a new multi-year income stream from renting out homes to workers. The key part of an evolving Northern-focused strategy was unveiled in the housebuild
Economists predict the Bank of England will hold UK interest rates at 4% until at least early 2026, as policymakers remain cautious amid persistent inflation and a weakening economy. The Bank's Monetary Policy Committee (MPC) is widely expected to keep the base rate unchanged at its meeting on Thurs
Miller Homes has reported strong half-year figures, with revenue, profit, and sales all rising in the company’s first results since its acquisition of St. Modwen Homes. For the six months to 30 June 2025, the housebuilder recorded a 28% rise in revenue to £585.6 million, up from £4
House prices in Scotland edged up in August despite demand falling flat, according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey, and surveyors are optimistic that sales will rise through the months ahead. A net balance of -2% of surveyors in Scotland was re
RSM: School holidays, staycations and a sizzling summer boost Scotland’s hotel sector in bumper July
The outlook was bright for Scotland’s hotel sector in July as school holidays, staycations and a summer heatwave meant occupancy, room rates and profits all exceeded the previous year’s figures, according to the RSM Hotels Tracker.
