The founders of Glasgow-based energy services firm, Union Technical, are flying the flag for Scotland after being named Scottish regional winners at this year’s EY Entrepreneur of the Year UK Awards. This recognition highlights exceptional leadership from Michael Sweeney and Owen Coyle, as wel
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Dundee-based SPAR wholesaler and convenience retailer CJ Lang & Son Ltd has reported a small rise in turnover to £255 million and a decline in operating profit to £2.5 million. In its financial statement for the year ended 27 April 2025, the family-owned business reported a year of r
Ahsan Mustafa discusses the key reforms introduced by The Charities Accounts (Scotland) Amendment Regulations 2025, including modernised accounting thresholds, new safety dispensations for security risks, and alignment with UK reporting standards. The Scottish Government has introduced a major refor
The CFO of a UK hotel business has been elected president of ACCA (the Association of Chartered Certified Accountants). Melanie Proffitt, CFO of Farncombe Estate, three award-winning hotels on a 400-acre estate near Broadway in the Cotswolds, will lead over 257,000 members and 530,000 future members
Big Four accountancy firm PwC has said it expects to achieve full end-to-end integration of artificial intelligence (AI) across its audit work within the next year. Speaking at a briefing at its New York office, Shawn Panson, PwC’s US assurance transformation leader, said the firm is on track
A young entrepreneur from Coatbridge and his dad have attracted 3,000 customers in their first two months of trading after they opened a new mobile food business in September. The pair accessed expert start-up advice and support from Business Gateway to help get their business off the ground. Specks
FinTech Scotland has announced that chief executive Nicola Anderson will be stepping down at the end of 2025 to take up a new senior director position at Scottish Enterprise. Aleks Tomczyk is the new incoming chief executive for the cluster management body and will join with immediate effect as desi
Begbies Traynor Group plc has appointed Thomas McKay as managing partner in Scotland and Northern Ireland as part of its new board structure to enable further UK expansion. The updated structure also sees Mark Fry named Begbies Traynor Group CEO. In his new role Mr Fry will drive the day-to-day lead
Carlos Gemmel discusses Scotland's burgeoning artificial intelligence sector, looking at its strengths in talent and innovation, while also pointing out the challenges in securing growth capital for globally ambitious start-ups. Artificial intelligence is often spoken about in sweeping, futuristic t
The Artisanal Spirits Company, owner of The Scotch Malt Whisky Society, has successfully secured a new £35 million financing facility with Santander. This new agreement replaces its previous arrangement with The Royal Bank of Scotland on more favourable terms.
A new initiative to support international growth for Scottish fintech companies has been launched, led by Scottish Enterprise and FinTech Scotland, during National Innovation Week. Scottish Minister for Business, Richard Lochhead MSP, announced the Scotland and North America Fintech Gateway during a
Scottish Borders Housing Association (SBHA) has appointed a new chair following its 23rd Annual General Meeting last week. After nine years of dedicated service, five of them as chair, Robin Hill has stepped down from SBHA’s board of management. He is succeeded as chair by Ian McDonald, a Char
Andrew Foyle analyses the ramifications of a Supreme Court judgment on motor finance commissions, exploring the subsequent uncertainty for lenders and consumers, and the anticipated regulatory response from the Financial Conduct Authority. On 1 August 2025, the Supreme Court issued its judgment in t
The Scottish Retail Consortium (SRC) has voiced concerns after the publication of the latest Recorded Crime in Scotland statistics which show a 17% rise in shop thefts over the past year, to over 47,000 incidents. David Lonsdale, director of the Scottish Retail Consortium, said: “It&rsquo
RSM UK has recruited Stephen Harrison into its risk and governance team, reinforcing the firm’s technology risk and governance capabilities in Scotland and throughout the UK. With a career spanning over 24 years, mainly in big 4 firms, and also in industry, Mr Harrison brings extensive financi
