News

Macfarlane Group PLC has reported a profit for the year of £6.3 million, a 59% decrease from the previous year’s figure of £15.5m. This statutory result, alongside a 61% fall in profit before tax to £8m, reflects a challenging 2025 marked by economic headwinds, rising operati

Stuart Robb, of Robb Advisory, has been appointed liquidator of Glasgow pastry specialist, China Court Bakery. The business officially entered a voluntary liquidation process following a formal resolution to wind up the business. According to recent filings at Companies House, the firm has transitio

Mexicans are hoarding bank notes which depict the country's beloved axolotl, research has found. According to a report from the Bank of Mexico, around 11.2 million people told a survey that they're holding onto 50 peso notes instead of spending them.

The application of the UK’s family migration rules to UK-EU couples after Brexit is causing family separation and trauma, a new report warns. Researchers from the Universities of Bristol and Exeter have uncovered the hardship and hurdles facing families where one partner is from Europe followi

An appeal by a party to a share purchase agreement who stopped making payments under the agreement after forming a view that he had been fraudulently induced into entering the SPA against a sheriff’s decision that he had pled no relevant defence to an action for payment has been refused by the

Care home provider Meallmore has increased the banking facility with HSBC UK to £90 million to support the next phase of its strategic growth and ongoing investment in high‑quality care environments across the country.

UK construction group Morgan Sindall has reported a 10% rise in group revenue to £5 billion in its latest results. Adjusted profit before tax jumped 35% to £232.6 million, reflecting strong performances across Fit Out, Construction and Partnership Housing. Group PBTA margin rose to 4.6%,

Located within the Glasgow Riverside Innovation District (GRID), the highly anticipated Health Innovation Hub (HiH) has secured Panthera as a new tenant ahead of its official opening next month. A 87,000 sq ft of state-of-the-art flexible laboratory and office space, the announcement strengthens the

The Financial Conduct Authority (FCA) has chosen four companies – Monee Financial Technologies, ReStabilise, Revolut and VVTX – to test how their stablecoin services work with proposed regulation in a safe environment. The Regulatory Sandbox programme allows firms to trial stablecoin pro

Following the stage three vote in Holyrood to pass the Scottish Budget Bill for 2026/27, the Institute of Chartered Accountants of Scotland (ICAS) has warned that the budget fails to deliver meaningful change or tackle Scotland’s underlying economic challenges. Chris Barber CA, CFO at ICAS, sa

Taylor & Martin has expanded into Aberdeen after securing a 300-home flagship development in the city’s West End. The property factor has opened its third office, in Westhill, as it moves to provide full national coverage across Scotland. The firm already has offices in both Edinburgh and

Scottish Design Exchange (SDX), the social enterprise supporting Scotland’s creative community, has announced that its Glasgow store will relocate from Buchanan Galleries to a new, larger home on Sauchiehall Street this Spring. The move marks a significant milestone for SDX. The new flagship s

Energy Secretary Gillian Martin has called on the UK government to immediately end the Energy Profits Levy (EPL), highlighting the risk it poses to Scotland’s just energy transition.

The Scottish National Investment Bank has surpassed a key milestone with its £10 million investment in Aurora Energy Services, taking the total amount of capital the bank has committed in Scottish businesses and projects to over £1 billion. The bank, which marked its fifth anniversary in

Diageo shares tumbled as much as 6.5% on Wednesday after new chief executive Sir Dave Lewis, nicknamed ‘Drastic Dave’ for his history of aggressive cost-cutting, slashed the interim dividend to 20 cents. The decision aims to bolster the balance sheet of the FTSE 100 giant, which owns Gui