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New official figures published by Accountant in Bankruptcy (AiB) show a marked deterioration in both personal and corporate financial distress across Scotland in the first quarter of 2026, with insolvencies rising significantly compared with the same period a year ago. There were 2,003 personal inso

The Financial Conduct Authority (FCA) has revealed the second group of firms selected to participate in its AI Live Testing initiative, with eight companies, including Barclays, Experian, Lloyds Banking Group (Scottish Widows), and UBS, chosen to trial AI applications in real-world conditions.

Dundee printing firm Tradeprint has recorded its first profit in nearly a decade after sales topped £23 million for the first time in the company's history. The business, based on Fulton Road, posted a pre-tax profit of £1m for the year ended 30 June 2025, reversing a loss of £1.4m

The Institute of Chartered Accountants of Scotland (ICAS) has strengthened its leadership team with the appointment of Geoff Day as executive director of engagement and the promotion of Cat Devaney CA to executive director of learning. With an illustrious international career spanning 25 years, Mr D

Rising costs, late payment problems and concerns over supply chain resilience are creating a gloomy outlook for the UK’s vital small and medium sized enterprises. That is according to the latest ACCA and IMA Global Economic Conditions Survey (GECS), which shows UK SME confidence is stuck near

With more homeowners across Scotland choosing to extend rather than move, property experts are warning that poor design decisions can turn a dream renovation into an expensive mistake. The issue will be explored at the Scottish Homebuilding & Renovating Show, returning to the SEC, Glasgow on 9&n

Lloyds Banking Group has become what is believed to be the first FTSE 100 company to deploy a specialist artificial intelligence "board bot" in its boardroom, as the 260-year-old bank accelerates its transformation into what it describes as "the UK's biggest fintech". Executives and board members ha

Henderson Loggie has been shortlisted for two national honours, recognising the firm’s leadership, culture, and impact across the professional services sector. The accountancy firm has been named a finalist in the Learning & Development of the Year category at the cHeRries Awards, celebrat

SNP leader John Swinney has promised that private tenants will be given the right of first refusal when a landlord decides to sell their home, if his party wins the upcoming Scottish elections. Under the proposal, renters would be granted an exclusive period in which to purchase the property at a fa

The UK construction sector remained in contraction during March 2026, with the latest S&P Global UK Construction Purchasing Managers' Index (PMI) rising marginally to 45.6 from 44.5 in February, though still below the neutral 50.0 threshold for the fifteenth consecutive month.

Wbg is advising Scottish tourism and hospitality businesses to consider their financial structure to boost their resilience. With new data from the Scottish Tourism Alliance highlighting a growing vulnerability: more than half of tourism and hospitality businesses have less than three months of cash

Glasgow-based auction house Prime Property Auctions has registered a record month of sales with transactions totalling £5 million having been completed in February. The figure is double the previous highest sales figure for a month – £2.5m in September – while the volume of s

KPMG is cutting nearly 600 jobs across its UK audit and advisory divisions as the Big Four firm grapples with sluggish market conditions and mounting cost pressures. Around 440 assistant manager roles in the audit business are at risk, out of a total of 590 positions identified for potential redunda

A UK poll of businesses has revealed that 94% are not prepared for Making Tax Digital (MTD) which is being introduced from 6 April. Firms were responding to the survey carried out by Azets. It followed a webinar attended by 577 business representatives, with 340 responding to follow-up question

Scotland’s housing market recorded modest annual growth at the start of 2026, according to the latest UK House Price Index figures published on 25 March.