News

The bosses of a corrupt payroll company that stole millions of pounds of VAT have been jailed for more than 22 years. 

Exergy3 has raised £10 million in seed funding to scale its proprietary technology addressing three of Europe’s most pressing challenges: industrial decarbonisation, grid balancing and energy security. The raise comes as strain on the European energy system intensifies. In the UK alone,

Lawyers from CMS are joining forces with other female industry experts to launch a new organisation aimed at supporting women who work within Scotland’s wind energy sector. The Women in Wind Network has been set up to promote professional development, shared learning, and peer support for fema

Tenancy deposit protection scheme SafeDeposits Scotland has announced the addition of a further four CRMs to the growing list of providers integrated with its API. The new link ups are available for SafeDeposits’ letting agent customers via leading integration hub GlueDog.

Blackwood Homes & Care has appointed Jenni Fairbairn as its new permanent director of finance & business services. Ms Fairbairn, currently working as a business specialist for South of Scotland Enterprise, and previously in senior finance roles at CHAS and Viewpoint Housing, will be joining

Dundee printing firm Tradeprint has recorded its first profit in nearly a decade after sales topped £23 million for the first time in the company's history. The business, based on Fulton Road, posted a pre-tax profit of £1m for the year ended 30 June 2025, reversing a loss of £1.4m

The Institute of Chartered Accountants of Scotland (ICAS) has strengthened its leadership team with the appointment of Geoff Day as executive director of engagement and the promotion of Cat Devaney CA to executive director of learning. With an illustrious international career spanning 25 years, Mr D

JP Morgan has strengthened its UK retail banking operation by poaching Kunal Malani from Monzo, where he has served as chief banking officer since 2020. Mr Malani, a seasoned retail banker whose career includes stints at Barclays and HSBC, will now lead Chase UK, the Wall Street giant's digital bank

Business people in Glasgow were welcomed to an event celebrating the acquisition of Scottish Financial News by Hero Media & Entertainment, a newly-established division of the Hero Brands group. About 70 guests gathered for a reception on the rooftop terrace of the House of Gods hotel on Glassfor

HM Revenue & Customs has sharply increased its scrutiny of unpaid VAT, with investigations into large and medium-sized companies rising by nearly a third last year as the government intensifies efforts to close a £47 billion tax gap.

Scottish all trades insurance reinstatement company Insurepair is expanding into Spain as part of a major international growth plan. The new division of the Edinburgh-based firm will be called Insurepair Spain and will initially support the thousands of UK property owners, landlords and property man

Chancellor Rachel Reeves is convening a summit with the heads of UK banks this Wednesday to address the economic fallout from the war in Iran. The Chancellor has invited executives from Barclays, HSBC, Lloyds, NatWest, Santander UK and Nationwide to the meeting, which will include figures such as Na

Almost half (49%) of the 55 profit warnings issued by UK-listed companies in Q1 2026 cited the impact of policy change and geopolitical uncertainty as a leading factor, according to EY-Parthenon’s latest Profit Warnings report. This marked the highest quarterly proportion recorded for this cau

Deloitte is calling on Scotland’s most innovative and rapidly growing technology scale-ups to apply for the firm’s prestigious UK Technology Fast 50. The annual ranking celebrates the fastest-growing tech companies across the UK, based on average revenue growth over a three-year period.

Actor Pedro Pascal is contesting the use of a Chilean pisco brand name he argues is too close to his own. Entrepreneur David Herrera, 41, registered the name Pedro Piscal in 2023 and began selling the spirit in shops and restaurants. He said: “We tried a few names and Pedro Piscal stuck,&rdquo