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RSM UK’s regional managing partner for Scotland, Ross Stupart, examines the potential ramifications of the recent UK government Spending Review for Scottish businesses and the subsequent fiscal decisions the Scottish Government faces. With the UK suffering sluggish domestic growth, falling emp

The UK economy contracted by 0.3% in April, a sharper decline than economists had forecast. Data released by the Office for National Statistics on Thursday revealed a more substantial downturn than the 0.1% contraction that had been anticipated, reversing the 0.2% growth seen in March.

Recent labour market figures for Scotland indicate a cooling yet resilient environment, according to employment experts and government officials. The data, covering the period from February to April 2025, reveals a nuanced picture of rising employment and unemployment rates alongside persistent wage

Major accountancy firms are vying to establish a new generation of audits designed to verify the effectiveness and safety of artificial intelligence systems. Deloitte, EY, and PwC have confirmed they are developing AI assurance services, aiming to leverage their established reputations in financial

BCP Technologies has launched Tokenised GBP (tGBP), the first sterling-denominated stablecoin from a UK-registered issuer to go live. The launch on 3 June 2025 follows a testing period within the Financial Conduct Authority's (FCA) Regulated Sandbox.

The Scottish Fiscal Commission (SFC) has unveiled its latest economic and fiscal forecasts, indicating a slight improvement in the Scottish Government's available funding for 2025-26, which is now projected at £59.6 billion. This figure is almost £0.8bn higher than December 2024 estimate

Lindsays has appointed Andrew Diamond as its new managing partner elect Mr Diamond is currently a partner and the firm’s head of residential property. He will take up the role on 1 October.

Scotland's economy trailed the rest of the UK in growing by 0.4% in the first quarter of 2025, according to new Scottish Government figures. Gross domestic product (GDP) was estimated to have increased by 0.4% in the first three months of the year, compared to growth of 0.7% across the UK.

Financial distress amongst Scottish Football League clubs has escalated by two-thirds year-on-year, with significant pressure concentrated on lower league teams, according to the latest Begbies Traynor Football Distress Survey. The six-monthly Football Distress Survey (as of 31 March), conducted by

The Edinburgh International Conference Centre (EICC) has posted a record profit of £2.1 million for the year ending 31 December 2024, alongside record revenue of £16.0m, a £3.2m increase from £12.8m in 2023. The venue also generated an impressive economic impact of £78m

UK government borrowing unexpectedly rose to £20.2 billion in April, the first month of the new tax year, according to figures from the Office for National Statistics (ONS). This figure is an increase from the £19.1bn shortfall recorded in April 2024 and surpassed economists' forecasts o

The number of company insolvencies registered in Scotland saw a modest decrease in April 2025, falling by 7% compared to the same month in the previous year, with 101 cases recorded. This total comprised 47 creditors' voluntary liquidations (CVLs), 51 compulsory liquidations, and three administratio

TLT has appointed commercial real estate and investment expert Colin Brown as partner in its Edinburgh office. Mr Brown joins TLT from Burness Paull, where he specialised in advising institutional investors on the acquisition, disposal, leasing and development of commercial properties including shop

A woman who embezzled £1.5 million from a family scrap metal business in Aberdeen has been ordered to repay almost £670,000 under proceeds of crime laws. Coleen Muirhead, 57, of Aberdeen, was jailed for three years and four months in September 2023 after she admitted a charge of embezzle

NatWest Group is on the verge of returning to full private ownership for the first time in nearly 17 years, following a significant reduction in the UK government's shareholding. The Treasury has recently sold a further tranche of shares, decreasing its stake from 1.98% to just 0.9%.