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The UK’s new Failure to Prevent Fraud (FTP) offence came into force yesterday but many Scottish businesses remain underprepared to comply with their legal obligations, according to Dentons. Discussions with industry and informal research conducted by the firm from February through to June 2025

Law firm MBM Commercial has appointed Jamie Nellany as the firm’s head of restructuring and insolvency. In this new role for the firm, Mr Nellany will deliver advice on a full range of restructuring and insolvency matters to the firm’s corporate and commercial clients. He will be based i

Sidara has tabled a formal £216 million bid to acquire the Aberdeen-based energy services giant Wood Group, valuing the company at 30p per share.

Aberdeen-based engineering firm Wood Group has sold its North American Transmission & Distribution business to power solutions group Qualus for $110 million (c. £82m).

Scotland and the Kyrgyz Republic are exploring opportunities for collaboration in aquaculture following a high-level meeting between the Kyrgyz Ambassador and the head of Salmon Scotland. His Excellency Ulan Djusupov, Ambassador of the Kyrgyz Republic to the UK, met with Tavish Scott, chief executiv

Alistair McAlinden and Geoff Jacobs, managing directors at Interpath, have been appointed as joint administrators of M Squared Lasers Limited, the first company to receive backing from the Scottish National Investment Bank. Headquartered in Glasgow, M Squared was established in 2006 as a photonics a

Scotland’s onshore GDP grew by a robust 0.6% in June 2025, marking a significant rebound from a revised 0.1% growth in May. The latest figures from the Chief Statistician confirmed that the economy expanded by 0.2% over the second quarter of the year, from April to June. This follows grow

A rare set of Charles Rennie Mackintosh–designed buildings in Glasgow is to be placed on the market later this year. The Mackintosh Halls, on Shakespeare Street in Ruchill, were purpose-built for the Church of Scotland in 1899 and remain one of the architect’s early and most distinctive

With the Scottish government’s Housing Bill moving through Holyrood, one question keeps coming up in conversations with landlords: is it still worth it? Nicky Lloyd, head of lettings at ESPC, considers the bill. The private rented sector in Scotland has always played a vital role in providing

New bank note designs have been launched in the Falkland Islands for the first time in 40 years.

Global integrated energy services partner Kent, has signed a binding agreement to acquire Aberdeen-based Exceed (XCD) Holdings Limited, a provider of well management, sub surface and decommissioning engineering services.

The Scottish National Investment Bank (SNIB) has reported an unrealised paper loss of £77 million in its latest annual report, attributing the figure to valuation changes across its portfolio in a “challenging economic context". Despite the loss, the taxpayer-owned bank highlighted its o

The number of company insolvencies in Scotland saw a slight decrease in July 2025, with 116 firms failing compared to the same month in the previous year. The total was comprised of 68 creditors’ voluntary liquidations (CVLs), 43 compulsory liquidations, four administrations, and one company v

Astronaut Tim Peake believes a growth mindset is key to success in any industry and warns the UK will fall behind if it fails to champion innovation. Speaking ahead of his keynote at the Institute of Chartered Accountants of Scotland (ICAS) Annual Conference in London on 5 November, which is open to

A long-serving partner at Johnston Carmichael has marked his retirement by embarking on a remarkable journey to deliver humanitarian aid to Ukraine. Roddy Anderson, 64, who retired in May from his role as business advisory partner in the firm’s Forfar office, spent over three decades advising