Company insolvencies in Scotland climbed 11% year-on-year in March 2026, with 131 cases registered compared to the same month in 2025. The total comprised 57 compulsory liquidations, 53 creditors' voluntary liquidations (CVLs), 18 administrations and three receivership appointments. No company volun
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Listing activity on the London Stock Exchange (LSE) in the first quarter of 2026 was muted, with just two listings, according to EY-Parthenon’s latest IPO analysis. One listing raised £8.8 million on the main market, with the other raising £4m on the Alternative Investment Market (
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
Manchester-based waste manager Papilo has expanded its reach with the acquisition of REKK Recycling, a Scottish company based in Uddingston. REKK provides total waste management solutions to clients in the food production, manufacturing and industrial sectors across Scotland and England. Its founder
Scotland’s marketing sector is demonstrating true resilience in a turbulent market, with The Marketing Society Scotland revealing a strong set of entries and nominations for its Star Awards – surpassing pre-pandemic records to have its biggest year yet with over 300 submissions. During a
Future Ticketing and Capital Credit Union (CCU) have unveiled a new integration enabling clubs to provide Fair Fan Finance season ticket loans seamlessly through its platform.
Sedulo Group has expanded into Scotland with the acquisition of accountancy practice Smith & Wallace and the launch of a new Glasgow office. Sedulo is a national mid-tier advisory firm, ranked number 57 in the Accountancy Top 100, with offices in Manchester, Leeds, Liverpool, Birmingham, London
Seven innovative projects to support small food and drink producers in parts of the Highlands and Islands have been awarded a total of £169,750 through the Small Producers Pilot Fund. The successful initiatives in Skye, Easter Ross, Moray, the Outer Hebrides and Argyll and Bute will strengthen
A pensioner who impersonated her husband’s voice to embezzle thousands of pounds as part of a mortgage and pension fraud has been sentenced. Karen Lawrence, 66, previously pleaded guilty at Ayr Sheriff Court to forming a fraudulent scheme to swindle her husband John out of almost £100,00
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
Nearly half a million Lloyds Banking Group customers were affected by a significant technical failure earlier this month, with the bank now making compensation payments to thousands of those impacted. Up to 447,936 customers across Lloyds, Halifax and Bank of Scotland experienced unauthorised transa
EY has set aside nearly £200 million to cover regulatory fines and legal claims in the UK, the highest level ever disclosed by the firm, as it confronts a growing number of challenges to the quality of its audit work. According to its annual report filed at Companies House, EY increased its pr
Scotland’s largest stock‑pitching competition has announced its national winners, celebrating a new wave of talented young women who are emerging as the future leaders of the country’s investment industry.
George Lafferty of BTG has been appointed provisional liquidator of Enterprise Foods Limited by Hamilton Sheriff Court on 18 March, following a petition by the company. The East Kilbride-based wholesale food supplier, which traded as Localist from its premises on Reynolds Avenue, had been in operati
Ithaca Energy, the North Sea oil and gas producer, has said it could approve development of the controversial Cambo oil field west of Shetland within months, buoyed by the sharp rise in crude prices following the outbreak of conflict involving Iran.
