Scottish businesses have become markedly more pessimistic about the economic outlook, according to research from the University of Strathclyde’s Fraser of Allander Institute. At the same time, the Institute warns that ongoing problems with the reliability of labour market statistics are obscur
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With one month to go until the ICAS Annual Conference in London, former Braun GP owner and F1 industry leader Nick Fry has called for optimism amid the growth of artificial intelligence (AI), arguing that it will transform but not replace accountancy jobs. Fry joins an exceptional line-up of speaker
The UK construction sector saw a slight uptick in activity in September, but it remains firmly in contractionary territory.
The property market across Edinburgh, the Lothians, Fife, and the Borders has seen average selling prices rising steadily by 4.3% year-on-year to £298,933, for the period between July and September 2025, according to ESPC. East Lothian was the standout performer, where heightened dem
The percentage of Scottish-based small business owners predicting growth has fallen for the fourth consecutive quarter to a new five-year low (15%) – and in every industry sector, the percentage of enterprises predicting growth is down on the start of the year – according to Novuna Busin
In its latest business survey, Armstrong Watson has highlighted the twin pressures of recruitment challenges and rising costs facing the UK’s family, privately owned, and owner-managed businesses. The firm's 2025 Family, Privately Owned and Owner-Managed Business Survey Report, its most compre
Whisky distiller Loch Lomond Group has reported a drop in underlying profits to £23.7 million from £29.4m the previous year, with turnover decreasing to £105m from £118m, for the year ending 31 December.
Councillors will be asked to approve Falkirk Council’s next five-year financial strategy that seeks to bring a balanced position to its finances going forward next month.
Shepherd and Wedderburn has appointed corporate finance specialist Donald Smith as a partner. Mr Smith brings corporate finance and boardroom experience in M&A, private equity, and equity capital markets from his time at Linklaters, Dentons, and most recently as general counsel at Argenta, a KKR
Scottish retail sales saw a welcome return to growth in August, providing a much-needed boost for the sector after a lacklustre few months.
Businesses could be at risk of failure to prevent fraud if they don’t meet new compliance requirements, a senior accounting professional has warned. David Houghton, head of forensic accounting at Azets, gave the warning after the new Economic Crime and Corporate Transparency Act (ECCT A
The UK's GDP flatlined in July, recording zero economic growth. Data from the Office for National Statistics (ONS) confirmed the stagnation, a slowdown from the 0.4% expansion seen in June. The figures, which were in line with economists’ expectations, showed that a slump in manufacturing canc
The Artisanal Spirits Company, owner of The Scotch Malt Whisky Society (SMWS), has maintained its core profitability for the first half of 2025 despite a dip in revenue caused by challenging conditions in the US market.
UKHospitality has backed the Scotch Whisky Association’s (SWA) call for the UK government to freeze alcohol duty in the upcoming Autumn Budget, saying that a duty freeze would "help to alleviate the pressures facing the hospitality supply chain". The comments, which come less than a month afte
Andrew Foyle analyses the ramifications of a Supreme Court judgment on motor finance commissions, exploring the subsequent uncertainty for lenders and consumers, and the anticipated regulatory response from the Financial Conduct Authority. On 1 August 2025, the Supreme Court issued its judgment in t
