News

Deloitte UK has released its 2022 financial results showing an increase of 21% in distributable operating profit to £711 million, bringing the average UK partner payout to £1.025m this year - inclusive of £105,000 from the sale of a business. The big four firm's revenue for th

The Scottish Government has confirmed the members of an expert panel providing advice as part of its emergency budget review (EBR). Sir Anton Muscatelli, Professor Frances Ruane and Professor Mike Brewer will assess the impact on Scotland of the UK Chancellor’s fiscal approach and held their f

BBC Studioworks has officially launched its new 10,500 sq. ft purpose-built studio, set in the heart of Glasgow’s West End in the iconic Kelvin Hall. Co-funded by the Scottish Government, through Screen Scotland and Glasgow City Council, the facility is a major boost to Scotland’s capaci

Luxury textiles company Ava Innes is seeking its first round of investment to support its growth across the UK and within the booming US market. To capitalise on the growing global luxury bedding market, which was valued at $2.43 billion (£2.18bn) in 2021 and is projected to reach $2.85bn

STATS Group has appointed Ross Wallace as finance director, strengthening its management board. Mr Wallace joined the STATS in 2011 and has worked in several finance roles, including group financial controller ahead of his promotion to finance director.

An auction in Norfolk selling off 60 colourful dinosaur and mammoth statues has raised more than £427,000 for charity. The GoGoDiscover sculptures were on display for the last ten weeks, from June to September, with the sale of the statues raising funds for Break, an initiative that support ch

Muir Group, the Scottish property developer and contractor, has announced its financial results for the year 2021/2022 revealing a pre-tax loss of £4.3 million as it restructured the revenue profile at Muir Homes. The firm said the pre-tax loss was a result of challenges facing the whole

Edinburgh-based Miso Legal, has raised substantial seed funding from an international group of angel investors, supported by Thorntons’ specialist high growth team. The funding - an undisclosed amount - will enable Miso Legal to invest in further enhancing and marketing the case analysis platf

Aldermore Bank has appointed Derek Davidson as lending manager for Scotland. Mr Davidson's appointment will help support Aldermore’s continued growth plans for the Scottish real estate market – via both intermediaries and direct channels, providing lending facilities in areas such as com

Fife-based eye imaging company Optos has reported 14% annual revenue growth for the year ended March 2022 resulting in record group revenues of $254 million. News of this significant growth coincides with 30th anniversary of the business.

Dunedin Income Growth Investment Trust, a fund managed by abrdn, has posted strong half year results for the six months ended 31 July 2022. Against a difficult backdrop, the company, has delivered an almost flat absolute return for the six-month period. In addition, the portfolio continues to exhibi

In September, annual house price growth slowed to single digits for the first time since October last year, according to the latest Nationwide House Price Index.

Mounting inflation and increased taxation will leave the average UK household without enough money to cover all of their monthly living costs from later this year, according to new research. A new study by Scottish Friendly and the Centre for Economics and Business Research (Cebr) has revealed that

The Financial Conduct Authority (FCA) is concerned that as pressure mounts on household budgets some customers may cut-back on the insurance they need, leaving them without protection.

Edinburgh-based investment syndicate Archangels has generated up to £1.4 billion Gross Value Added (GVA) for the Scottish economy from its investments in the life sciences and tech sectors. The analysis, conducted by the University of Glasgow’s Adam Smith Business School, found that the