Scottish businesses see little opportunity to increase turnover and profitability over the next 12 months and fear the economic outlook is worsening, according to a new survey of over 500 firms. Nearly six in ten reported being more concerned with inflation (59%) than they were three months ago
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A net zero transition partner has significantly expanded its renewable assets and its services for commercial businesses, thanks to a £3.2 million funding boost from HSBC UK.
A doctor and her husband have been imprisoned for a total of 20 months after selling stolen hospital Personal Protective Equipment (PPE) on Ebay during the Covid pandemic. Attiya Sheikh, 46, and her husband Omer, 48, both of Glasgow, were convicted following a prosecution by the Crown Office and Pro
New jobs will be created and derelict sites regenerated in Glasgow’s former industrial heartland with the help of funding announced by First Minister John Swinney. Urban regeneration company Clyde Gateway is to receive £3.5 million to support the continued redevelopment of the former Sha
The number of overdue invoices on the books of Scottish businesses hit more than 1.8 million in Q2 2025, according to new research from R3. The restructuring, turnaround, and insolvency trade body's analysis of data provided by Creditsafe shows there were 1,820,706 overdue invoices on the books of S
A report from the Scottish Affairs Committee (SAC) has concluded that the Barnett formula is fit for purpose and that there is not a clear need to reform it significantly. However, whilst the committee supports the continued use of the formula, it does acknowledge that the Barnett formula is imperfe
AAB has announced a significant round of promotions, elevating three senior team members to partner and promoting a further 134 employees. The promotions, which affect over 10% of the firm’s 1,000-strong team, are a key part of its ongoing talent development strategy.
Inverurie has welcomed a new addition to its local business community as B W Accountancy Services officially opens its doors at 25A Market Street, right in the heart of the town. Founded by respected industry professionals Colin Webster and Fiona Barron, the firm brings with it over 50 years of comb
Homeless Network Scotland has appointed Alex MacEachin as treasurer to the board. Chartered accountant Alex trained and practised at multinational giant BDO and has extensive experience in property and construction finance. He joins HNS from real estate investment firm LXi REIT where he was finance
Lloyds Banking Group (Lloyds), Aberdeen Investments, and Archax have successfully completed a pioneering transaction utilising tokenised real-world assets (RWA) as collateral for foreign exchange (FX) trades. In a UK-first initiative, tokenised units of Aberdeen Investment’s money market fund
Bitcoin has achieved a new record high, breaking the $122,000 barrier as "Crypto Week" commences in the United States.
There has been a great deal of speculation about the Chancellor reforming ISA rules in her Mansion House Speech – although, late last week it emerged some of these may be put on hold. There are, nevertheless, good reasons to still look at the issue – not least to confront the UK’s
Callum Carmichael and Michelle Elliot of FRP Advisory, together with Shona Campbell of Henderson Loggie LLP, have been appointed administrators of Greenfold Systems Ltd, a specialist manufacturing business based in Dunfermline, on 10 July 2025. The company operated from premises at Pitreavie Busines
Edinburgh and Glasgow have been identified as leading UK cities for large corporate firms outside of London, securing positions within the top ten, according to HSBC UK. The inaugural HSBC UK Corporate Tracker report, which records the location and activity of the UK’s 13,544 large corporates,
PwC's new UK senior partner, Marco Amitrano, has identified managing partner Laura Hinton as the leading candidate to take the helm of its vital Middle East business next year. The move comes as the professional services giant seeks to repair relations following a significant dispute with a major Sa
