News

Dundee entrepreneur Tony Banks paid £8.26 million to acquire Eden Mill out of administration, a newly released administrators’ report has revealed.

Borders law firms Douglas Gilmour & Son in Selkirk and Pike & Chapman in Galashiels are to merge and trade as Gilmour Pike Chapman. From 1 April 2026, the firm will become Gilmour Pike Chapman Limited. The practice will continue to operate from the same office locations.

Legislation is currently being prepared to grant Scottish councils increased autonomy over the design and implementation of the Visitor Levy. The proposed bill, intended for introduction in early 2026, builds upon the Visitor Levy (Scotland) Act 2024, which originally allowed local authorities to fu

The cream of local businesses have been recognised at the West Lothian Chamber of Commerce’s Business Excellence Awards 2025. More than 150 guests, including local MP Kirsteen Sullivan and MSP Fiona Hyslop, attended the glittering ceremony at the Macdonald Houstoun House Hotel, where Capital S

The Federation of Small Businesses (FSB) has called on East Lothian Council to consider a seasonal Visitor Levy rather than a blanket year-round tax, warning that rushing implementation could damage the region’s status as "Scotland’s Golf Coast". Responding to the council's consultation,

Aberdeen-headquartered John Wood Group plc has appointed Jade Moore as group chief financial officer, effective immediately. She replaces interim CFO Iain Torrens, who moves into the CEO role as part of the acquisition agreement with Sidara.

The Bank of England (BoE) has announced its first major loosening of banking regulations since the 2008 financial crisis, cutting the estimated capital UK lenders must hold. Following successful stress tests, the Financial Policy Committee (FPC) lowered the benchmark for tier one capital – the

Glasgow occupiers are increasingly opting to take ‘let-ready’ office space as they look to minimise the time and resource they spend on moving and fitting out new premises, according to research from Knight Frank.

A karate instructor has successfully pivoted from the dojo to the office, qualifying as a chartered accountant just three years after changing careers. Lewis Scobie, of accountancy and business advisory firm MHA, has become a chartered accountant after successfully passing his ACCA exams.

Responding to a Scottish Affairs Committee report on Scotland's space launch sector, the UK government has committed to setting out its strategic approach to support the sector in 2026. The committee’s report, published in September 2025, warned that Scotland was at risk of losing a “gen

Muckle Media, the first PR agency in Scotland to achieve B Corp status, has been recognised as one of the country’s top 50 fastest-growing businesses. Ranking 40th in Scotland in the UK Fast Growth Index, it stands as the only communications consultancy to make the regional list.

Johnston Carmichael has strengthened its leadership team with four senior promotions in Glasgow. Two new partners and two new directors will now be based in the Glasgow office, with a further four directors promoted across the firm’s wider network.

Kier's chief financial officer Simon Kesterton is stepping down from the group at the end of the year, the firm announced today. As part of the company’s executive team, and an executive director of the Kier Group board, Simon has played a pivotal role in transforming Kier and strengthening it

Digital bank Monzo has unveiled a new scheme to "double the salary" of ten lucky customers every month. The initiative aims to incentivise users to switch their primary salary payments to the app-based bank, as it continues to compete aggressively with traditional high-street lenders.

Property services firm Bellrock has acquired Scotland-based property and construction consultancy Axiom. Axiom will join Bellrock’s consulting division, alongside Summers Inman, JRP, Oakleaf & Nifes and C&P. The business will continue to be led by managing director, Gary Logue, who wil