News

East Kilbride-headquartered Hero Brands has reported positive financial results for the year ending 31 December 2024, underpinned by the continued expansion of its brand portfolio. The group delivered a group EBITDA of £1.4 million and posted an operating profit of £0.7m before exception

Gutsy Health, the Edinburgh-based creator of the Gut Wealth supplement range, has secured £300,000 of investment from Equity Gap and Apollo Informal Investments, two of Scotland’s angel investment syndicates and, Scottish Enterprise, Scotland’s national economic development agency.

Steve Taylor, the co-founder of Murray Taylor Chartered Accountants, has officially retired after 35 years at the helm of the accountancy firm. Originally from Dundee, the 65-year-old director helped grow the business from a modest team of five to a workforce of 35, specialising in corporate finance

VAT & Indirect Tax Advisors (VITA) has marked the conclusion of its 2025 Charity of the Year partnership with Sepsis Research FEAT, the UK’s only charity dedicated exclusively to funding sepsis research, by raising, nearly £7,000 to support its vital work. Throughout the year, VITA&r

The Scottish National Investment Bank has invested £20 million in Renewco Power, a Glasgow-headquartered renewable energy developer, via a fund managed by Corran Capital, a specialist private equity firm focused on clean energy and the environment. The bank joins existing investor, SSE plc, wh

Cynergy Business Finance has announced the provision of a £1 million+ facility to Scotland-based Eco-Process Solutions Limited and Eco-Genics Limited (The Eco Group), aimed at supporting the working capital requirements of the group as it embarks on future growth plans. The funding from Cynerg

ESPC has urged the Scottish Government to urgently review the current Land and Buildings Transaction Tax (LBTT) threshold for first-time buyers, warning that it no longer reflects the reality of the property market and is acting as a barrier to entry for first time home owners, particularly in high

Santa and his elves have shoplifted huge volumes of food to share with the needy at Christmastime. Police in Montréal, Canada say "masked and disguised individuals" stole food worth around $3,000 CAD (c. £1,620) from a supermarket last week, CBC reports.

Banks and payment providers are set to gain the freedom to establish their own contactless transaction limits under new rules introduced by the Financial Conduct Authority (FCA). Effective from March 2026, this regulatory shift moves away from the current uniform industry cap, allowing institutions

Company insolvencies in Scotland fell by 14 per cent in November 2025 compared to the same month the previous year, with a total of 98 cases registered. This figure comprised 58 Creditors’ Voluntary Liquidations, 33 compulsory liquidations, and seven administrations, while no Company Voluntary

New statistics for November 2025 suggest a potential turning point for the UK economy, with R3, the trade body for restructuring and insolvency, describing the latest figures as a "glimmer of hope" for struggling businesses. Corporate insolvencies fell to 1,866 in November, representing an 8% decrea

Accounts for Digby Brown show that the personal injury firm's turnover increased from £46.7 million in 2023/24 to £53.8m in 2024/25 – a rise of more than 15%. And profits increased from £21.9m to £26.5m showing year-on-year growth of 21%.

The Scottish Arbitration Centre has launched a new mediation service to enhance its dispute resolution offering. Following the publication of its Mediation Rules in September, the centre has now launched the service. The service provides a new administered mediation scheme to support businesses and

Scotland’s housing market recorded a notable annual increase in October 2025, with the average property price rising to £192,000, up 3.3% compared to October 2024.

A man linked to serious organised crime has been jailed over a money laundering plot worth almost £12 million. Ronald Russell, 47, of Linwood, Renfrewshire, was sentenced to four years and six months in prison at the High Court in Glasgow after admitting his role in the scheme. Mr Russell trie