News

Recycling and waste management provider The NWH Group has reported a record trading performance for the financial year ending 30 September 2024. Continuing its growth trajectory since 2020, the Group achieved revenues of £55.4 million, a 6% increase year-on-year, while operating profit su

Half of UK adults say they are now less likely to buy American products in the wake of Donald Trump’s tariffs on the UK, a new poll has revealed. The Savanta survey, commissioned by the Liberal Democrats, found 59% of UK adults support a 'Buy British' campaign in response, with support rising

Independent Scottish distiller Eden Mill has completed the commissioning of its new distillery near St Andrews, with production of both gin and single malt whisky now underway. The producer's first cask – a Scottish Oak cask – was filled on Monday 7 April. The occasion marks the end

Businesses in Scotland which have adopted a hybrid working approach believe it has boosted their people's productivity and wellbeing, yet many are still keen for their people to spend more time in the office than they do currently, according to Grant Thornton UK. The firm's latest Business Outlook T

The Bank of Lithuania has imposed a €3.5 million (c. £3m) fine on Revolut for deficiencies in its anti-money laundering (AML) processes, marking the UK-founded fintech's largest financial penalty to date. The Lithuanian central bank, which oversees Revolut's European banking operations al

A new service that allows individuals to verify their identity directly with Companies House has been launched. The introduction of identity verification is one of the key changes to UK company law under the Economic Crime and Corporate Transparency Act 2023.

Financial mutual Scottish Friendly has agreed a deal to acquire pension and annuity in payment books of business from Fidelity International. The acquisition consists of a block of unit-linked Section 32 pensions business comprising £2.16 billion assets under management (AUM) across 76 origina

A remarkable Paraíba-type tourmaline, weighing 181.61 carats and named the "Kat Florence Lumina", is set to be auctioned at Bonhams Hong Kong on 22 May.

Scottish Business Minister Richard Lochhead has embarked on a visit to China and Japan to strengthen economic, social, and cultural links, reinforcing that Scotland is open for business. During the trip, he will engage with government officials, potential investors, and key companies. The Minis

Edinburgh-based Unbranded Finance, the UK-based non-bank real estate lender, has advanced a new £15.5 million senior loan facility to Ziser London to assist with delivering the developer’s flagship redevelopment of the former Fulham Town Hall, located directly opposite Fulham Broadway st

Salaries have been frozen and pay rises have been delayed ahead of the rise in employers’ National Insurance Contributions (NIC), which came into force on Sunday, a new survey has found. Nearly half of Scottish businesses (44%) have taken action on pay since the October Budget to prepare for t

Contract research company BDD has opened its new 122m² GMP manufacturing facility at BioCity near Glasgow, following a successful inspection by the Medicines and Healthcare products Regulatory Authority (MHRA) in March 2025. Two years in the making, the development of the state-of-the-art facil

Consilium Chartered Accountants has provided full lead advisory services to PJs Foods Limited in its sale to Tiffin Sandwiches. Glasgow-based PJs Foods (PJ) was established in 1996 and provides food-to-go products including sandwiches, pasta bowls, and salad bowls. The firm is a leading supplier to

Perthshire-based waste management firm Binn Group has acquired R Finnie Skip Hire of Inverness, significantly strengthening its operational footprint in the north of Scotland and the Highlands. R Finnie Skip Hire brings 17 experienced team members into the Binn Group family, adding to its existing w

Scotland's First Minister, John Swinney, has highlighted Scotch whisky's role as a "passport to attract international investment" during a visit to New York. Concluding a trip focused on promoting Scottish trade, Mr Swinney chaired a roundtable discussion with representatives from the Scotch Whisky