News

Parents and grandparents across Scotland are facing more pressure on their finances as a result of supporting children and grandchildren through education.

Licensed insolvency practitioners Christine Convy and Jill Glen of Dunedin Advisory Limited have been appointed joint liquidators of Mitchell's Of Castle Douglas Limited, the long-established greengrocer that ceased trading on 8 April 2026. The business, which operated from premises in Castle Dougla

Bunq, Europe's second-largest digital bank, is preparing to apply for a full UK banking licence, as the Dutch fintech seeks to expand its presence in the UK and compete with sector leader Revolut. The $2 billion (c. £1.5bn) firm, which reached 20 million users within a decade, is understood to

A growing number of Scottish businesses say trading conditions are deteriorating, according to fresh data from MFMac’s business sentiment tracker, The View. The biannual survey of Scottish corporates found that one quarter (25%) of respondents said their most recent financial year had gone wor

Edinburgh-headquartered Wordsmith AI has announced a $70 million (c. £52m) Series B funding from Highland Europe and Index Ventures among others. The legal AI startup was founded by CEO Ross McNairn, CTO Volodymyr Giginiak, and COO Robbie Falkenthal. Mr McNairn is a former lawyer turned techno

Phil Anderson Financial Services is continuing its expansion across the North-East of Scotland following a sustained increase in demand for pension, mortgage and financial planning advice. The firm has recently strengthened its team with the appointment of Scott Morgan, who is based in Dundee, and E

Investment firms could save around £20m a year under new proposals from the Financial Conduct Authority (FCA) to simplify climate reporting for investment products.  The FCA estimates it could deliver these savings by replacing detailed product-level reports based on the Task Force on Cli

A new investment company built to pair nature recovery at scale with affordable rural housing has been launched today on World Environment Day. NatureProsperity aims to channel long-term capital into nature recovery and launches with four initial investees: Highlands Rewilding, the Scottish nature-r

Azets has launched a dedicated service designed to help international firms establish, invest and expand in Scotland and the UK through a single, coordinated point of contact. Led from Scotland and supported by specialist teams across the UK, the Scotland Desk provides overseas investors and their a

A stand of mature Beech trees in the grounds of Ellisland Farm in Dumfriesshire is believed to have been planted by Robert Burns himself more than two centuries ago, when the poet altered a watercourse as part of his agricultural improvements to the land.

The Financial Reporting Council (FRC) has launched an expansion of its innovation programme, inviting audit firms and listed companies to work directly with the regulator on adopting new technology, simplifying corporate reporting and cutting unnecessary burdens. Three initiatives, developed through

ACCA (the Association of Chartered Certified Accountants) has urged HMRC to make fuller use of digital technology to ease the tax filing burden on companies, lending its support to plans to modernise and standardise company tax returns.

Edinburgh Worldwide Investment Trust, now under effective control of a New York hedge fund, is considering a tender offer for its shareholders to cash in on the forthcoming IPO of Elon Musk’s SpaceX. The board said it remains committed to providing shareholders with a “liquidity opportun

The Royal Bank of Scotland (RBS) and STAC have expanded their partnership that will bring deep tech expertise to entrepreneurs in Edinburgh. Under the arrangement, STAC personnel will be based directly within the bank's new Edinburgh Accelerator Hub on Princes Street. STAC entrepreneurs will gain fu

Pallas Capital has completed an expedited £8.4 million bridge against a Grade A commercial office and integrated car park in Aberdeen, securing completion within a one-month window. The 60,000 sq ft office, a modern refurbishment of an historic granite warehouse, was refinanced via a 12-month