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The US Treasury Department has confirmed that the production of one-cent coins, commonly known as pennies, will cease next year, marking the end of an era for the coin that has been in circulation for over two centuries. The decision follows a directive from US President Donald Trump to Treasury Sec

The Edinburgh Boiler Company (EBC) has announced a record turnover of £7.2 million for the financial year ending 31 March 2025, a 60% increase from the previous year's £4.6m. This strong performance is largely attributed to the company's strategic expansion into the renewable energy sect

UK inflation jumped more sharply than anticipated during April, reaching 3.5% – its highest level in over a year. The Office for National Statistics (ONS) reported that the surge in the consumer prices index (CPI) for April was largely driven by dramatic increases in regulated household costs,

The renowned Isle of Skye restaurant, The Three Chimneys, and the island's oldest distillery, Talisker, are elevating their collaboration to champion the rise of the gastro-distillery. In spring 2024, The Three Chimneys and Talisker came together for the first time to launch an immersive pop-up dini

Interest from American buyers in UK property has reached its highest level in eight years, with Edinburgh emerging as the most popular destination, according to new figures from Rightmove. The data comes shortly after it was revealed that applications for UK citizenship from US nationals are at reco

Port of Aberdeen, the UK's oldest existing business, has announced a turnover of £50.7 million and a pre-tax profit of £16.5m for 2024. This marks the first full year of operations since the opening of its £420m South Harbour expansion, which has significantly contributed to the po

Scottish investors demonstrated a strong start to the year, with initial contributions to new individual savings accounts (ISAs) surging by an average of 19% in the first quarter of 2025 – the biggest quarterly rise of any UK region, according to Scottish Friendly.

Peter Cowan CA, director of audit and accounting at Aberdeen-based firm Hall Morrice, has been named Rising Star at the inaugural Finance & Accountancy Business Awards. Known as the “Fabbies” the awards recognise outstanding achievements in finance, accountancy and tax across North E

House prices in Scotland rose over the past three months at the slowest rate seen since early 2024, according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey, and respondents expect this weaker price growth trend to continue in the short-term amid an increase

The Scottish Chambers of Commerce (SCC) has called for an immediate focus on business at the heart of today’s Programme for Government review. SCC chief executive Dr Liz Cameron CBE said: “With the economy stagnating and businesses now feeling the full impact of the rise in NICs, we urge

Financial distress among Scottish businesses rose significantly in the first quarter of 2025 compared to the previous year, though figures showed a slight improvement from the end of 2024, according Begbies Traynor. The Red Flag Alert data for Q1 2025, which provides a quarterly snapshot of the UK's

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 number of Scottish companies entering administration remained relatively stable in the first quarter of 2025, according to analysis by Interpath. Data from Companies House showed 14 administrations between January and March, broadly consistent with the 12 cases in Q1 2024 and 15 in Q4 2024. UK-w

Johnston Carmichael has relocated its Dundee operations to a larger office to accommodate growth and facilitate plans to double its local workforce. The firm has moved into a new 5,500 sq ft regional hub at the DundeeOne business centre. This is the second time the firm has moved as headcount h

The first quarter of 2025 saw property values across Edinburgh, the Lothians, Fife, and the Borders reach an average selling price of £283,912, according to ESPC. This marks a 6.1% rise compared to the same period in 2024.