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Prime Minister Rishi Sunak has turned down calls to reconsider a significant increase in tax on Scotch whisky, which has the industry reeling. The tax hike, a 10% rise in duty set to take effect in August, has been characterised by the industry as a "historic blow". During a meeting in London on Mon

Scotland's business confidence has dipped slightly in April, with the latest Business Barometer from the Bank of Scotland Commercial Banking showing a seven-point drop to 31%. The decline is attributed to companies in the region reporting a nine-point decrease in their confidence in their own busine

Empty retail units in Scotland have risen by a fifth when compared to pre-pandemic levels, according to the latest figures published by the Scottish Retail Consortium (SRC). In Q1 2023, the Scottish vacancy rate remained 15.7% for the fourth consecutive quarter. It was 0.1 percentage points better t

Recent TSB data analysis revealed a significant increase in gambling transactions among its customers between 2020 and 2022. The number of customers making more than four bets a day surged by 45%, with 8,100 customers engaging in this behaviour. The number of people gambling for more than four days

The Scottish Building Society has reaffirmed its commitment to Scotland's high streets by unveiling its revamped Galashiels relationship centre on Bank Street, part of a nationwide investment in its physical branches. CEO Paul Denton joined staff and local members in celebrating the refurbishment, w

The Scottish National Investment Bank (SNIB) has appointed Al Denholm as its new chief executive officer. Mr Denholm, a seasoned asset management professional with over 36 years of experience, previously held executive and senior investment leadership positions at major financial institutions like P

Accountancy and business advisory firm BDO LLP has appointed Mick Campbell as its new partner in its Glasgow financial services team as the firm continues to invest in talent in Scotland. Mick Campbell joins the firm’s financial services team from Atos UK, a worldwide digital leader

Popstar Ed Sheeran has appeared in court over accusations he plagiarised Marvin Gaye's soul classic Let’s Get It On in his own song Thinking Out Loud.

A major Japanese company has announced plans to establish a manufacturing plant in Scotland to supply the country’s growing renewable energy sector. Energy Secretary Neil Gray met Sumitomo Electric Industries (SEI) in Osaka to discuss the company’s plans for a subsea cable factory in the

Scotland’s salmon sector has unveiled an ambitious European growth plan for its premium ‘Label Rouge’ salmon to boost the rural economy and further enhance Scotland’s international reputation for food and drink.

The Competition and Markets Authority (CMA) has prevented Microsoft’s proposed purchase of Activision over concerns the deal would alter the future of the fast-growing cloud gaming market, leading to reduced innovation and less choice for UK gamers over the years to come.

The Scottish Chambers of Commerce (SCC) is playing a frontline role to secure new international trade opportunities for businesses in Scotland.

St Andrews-based impact investment firm Eos has added to its portfolio and team following a record year of activity in 2022. Investee companies are up to 18, with the latest investment in Edinburgh-headquartered robotic rehabilitation specialist Bioliberty during Q1.

Big Four accountancy firm PwC has revealed that it will invest $1 billion in artificial intelligence to automate sections of its audit, tax and consulting services in its US business over the next three years. PwC stated that the investment feautres an 'industry leading relationship' with Microsoft,

AAB, the tech-enabled business critical services group has acquired French Duncan, marking the firm's largest acquisition so far. French Duncan, a leading provider of professional services in Central Scotland for over one hundred years and employs more than 200 people across offices in Glasgow, Edin