The outlook for both the Scottish and UK economies has improved and looks to remain positive through 2027, according to the Fraser of Allander Institute at the University of Strathclyde. In its latest quarterly Economic Commentary, the Institute forecasts that the Scottish economy will have ended 20
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GlenWyvis Distillery in Dingwall, the world’s first wholly community-owned distillery, has secured additional financing of £500,000 from the Catalyst Fund. The funding will help GlenWyvis continue and develop whisky production, create new jobs, and strengthen its marketing and sales capa
Business confidence in Scotland remains weak, according to the latest Fraser of Allander Institute Scottish Business Monitor, with firms pointing to cost pressures, subdued investment and little expectation of short-term relief.
Commercial real estate advisor Avison Young has promoted Kerry Maguire to head of valuation Scotland, based in the firm’s Glasgow office, coinciding with the arrival of four new hires working across its valuation, building and project consultancy and planning teams.
Business confidence in Scotland has dropped to its lowest level since 2022, amid ongoing uncertainty and waning economic growth, according to ICAEW. Sentiment tracked by ICAEW’s Business Confidence Monitor (BCM) for Q4 2025 found that confidence in the country had decreased for the sixth conse
Profits at Nairn’s Oatcakes rose to £4.9 million in the 2024-25 financial year, driven by robust sales growth across both domestic and international markets. The Edinburgh-based firm saw turnover increase by 6.6%, climbing from £47.5m to £50.6m.
Production has resumed at the Cononish gold mine near Tyndrum, marking a reversal of fortunes for Scotland’s only commercial gold mine. The restart coincides with a historic surge in global gold prices, which surpassed a record $5,100 (over £3,700) per ounce this week due to geopolitical
Pre-tax profits of £5.4 million have been recorded by First Tech Limited, an Aberdeen-based engineering and marine group, alongside a record turnover of £72m for the year ending 30 April 2025. Despite a challenging market environment, the group achieved a 26% increase in turnover compare
Investment manager Downing has supported long-term partner Care Concern Group in the acquisition of three newly built elderly care homes in Scotland. This latest investment marks another milestone in the strong partnership between Downing and Care Concern, aimed at delivering exceptional standards o
Aberdeen Group plc has reported a 9% year-on-year increase in Assets Under Management and Administration (AUMA), reaching £556.0 billion as of 31 December 2025. The growth was primarily driven by positive market movements, positioning the firm to meet its full-year adjusted operating profit ta
By 2035 how, when and where finance professionals work, as well as the nature of the work itself, will look very different, according to ACCA. In a new survey by ACCA, 55% of UK respondents said flexible career paths will replace linear paths within the next decade. A further three in ten (30%) in t
Aveni has launched Transformation Nation: The AI Innovation Shift in financial services, a new thought leadership report examining the practical adoption of artificial intelligence across the UK financial sector. Drawing on candid insights from senior leaders in wealth management, life insurance, an
Belhaven has confirmed a significant capital injection into the Scottish hospitality sector, investing nearly £5 million across 22 managed, tenanted, and franchised sites in 2025. This comprehensive investment programme represents a fourfold increase in refurbishment activity and marks a miles
As Scotland awaits announcement of its budget on January 13, Ross Stupart, gives his view on what could be in store from a Scottish tax perspective. As Scotland’s election looms in May, the Scottish Government’s draft budget announcement will make the cross-party negotiations required to
ACCA (the Association of Chartered Certified Accountants) has warned the UK government of significant weaknesses in its incoming model of switching professionals’ anti-money laundering (AML) regime to the UK’s financial services regulator. The accounting body says it is fully committed t
