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A man who embezzled £170,000 from a deceased woman who had hired him as a financial advisor and later appointed him executor of her estate has lost a High Court appeal against his conviction.  Gordon Couch, who was sentenced to three years’ imprisonment for embezzling funds from the

Construction has begun at Sutherland Spaceport in Scotland, the UK mainland's first vertical launch spaceport. Located on the North coast of Scotland, the spaceport will be the 'home' spaceport of Forres-based rocket and launch services company, Orbex, which will use the site to launch up to 12 orbi

Aberdeen-based social enterprise Glencraft has expanded its board to six members, appointing Neil Skene and Ken Robertson as non-executive directors. The move follows the earlier appointments of Laura Bruce and Allan Clow in late 2022, as part of Glencraft's broader development strategy.

Nicola Alexander discusses the challenges faced by small, independent retailers due to Brexit and Covid such as increased import costs, and provides practical steps for businesses to ensure their continued operations. The cost-of-living crisis is an all-too-familiar phrase at the moment. It’s

In today's Spring Budget announcement, the Chancellor of the Exchequer, Jeremy Hunt, did not reveal many surprises as expected policies were confirmed. The Chancellor began his speech by noting that the UK economy will not enter a "technical recession this year" saying that “our plan is workin

New analysis has shown Scottish households have lower levels of financial wellbeing than those in the rest of the UK as one-in-five households (21%) in Scotland are currently living in serious financial difficulty.

After adding almost half a million customers across England, Wales and Northern Ireland, ice cream maker Mackie's of Scotland has achieved a greater than ever UK market share. The breakthrough came despite a tough time in the ice cream sector, as the overall market contracted by 7.4% over the same p

Fears grow of a worse recession than previously thought as experts predict lower GDP growth for the next three years.

Scotland's hoteliers face challenging conditions as recovery looks set to stall following stronger than expected demand for rooms in 2022, PwC has warned.

Business sentiment in Scotland has entered negative territory for the first time since the end of 2020 according to the latest Addleshaw Goddard Scottish Business Monitor report, with 70% of businesses expecting growth in the Scottish economy to be weak or very weak over the coming year. The report,

An in-depth ‘barometer survey’ of tourism and hospitality businesses in the South of Scotland has painted a concerning picture of the difficulties many operators face in a worsening national and global economic climate, with one describing the cost of living crisis as "much, much bigger

UK consumer confidence has fallen for the fifth consecutive quarter in Q3 2022, falling by one percentage point to a historically low -20%, according to Deloitte’s latest Consumer Tracker. Spending power also remains significantly strained, as consumer sentiment around levels of debt also reac

A new report by Santander has found that a ‘green premium’ based on energy efficiency is emerging in the UK’s property market. The study, Buying into the Green Homes Revolution, which surveyed more than 2,300 UK based homebuyers and owners, estate agents and mortgage brokers,

Mark Stewart, partner, corporate finance and head of energy, infrastructure and sustainability at Johnston Carmichael, discusses the importance of ESG reporting. Climate change and energy transition, shifting from a linear to a circular economy, rising inequality, balancing economic needs with those

Richard McMeeken, partner at Morton Fraser, discusses a recent decision issued on 4 August 2022 in which Lord Braid has clarified certain aspects of the law of bribery in Scotland. In Oil States Industries (UK) Limited v "S" Limited; Lagan Building Contractors Limited (in administration); John Hanse