News

Businesses that undertake effective assessments of their artificial intelligence (AI) systems can better harness the technology’s potential to boost innovation, productivity, and growth, according to a policy paper published by ACCA (the Association of Chartered Certified Accountants) and EY.

The number of new technology incorporations in Scotland jumped to a record high in Q2 2025, as businesses adapt to a world of uncertainty, according to RSM UK. RSM’s analysis found a total of 507 new tech companies were incorporated in Scotland in Q2 2025, jumping 15% from 442 in the same peri

A new report from KPMG has found that the UK domestic retail and commercial banking sector is entering a period of declining profitability driven by margin compression and rising cost pressures. The State of the Banks 2025 report reveals that UK banks are under growing pressure to adapt their busine

New research from Scottish Friendly has revealed that younger generations are challenging outdated stereotypes of financial irresponsibility, demonstrating a greater commitment to saving and investing than their older counterparts. The research shows that while a third (31%) of adults are saving les

Graham’s Family Dairy has continued its upward trajectory with record-breaking sales, expanded supermarket listings across the UK, and scored multiple wins at the 2025 Great Taste Awards. A Scottish family business, Graham’s Family Dairy has been dedicated to crafting high-quality dairy

Companies House is set to introduce mandatory identity verification for all UK company directors and People with Significant Control (PSCs). The new legal requirements will be phased in over 12 months, starting from 18 November 2025.

Twelve of Scotland’s most promising accountancy students have been named recipients of the 2025 Charles Scott Prize by the Institute of Chartered Accountants of Scotland (ICAS). The prizes are awarded in recognition of outstanding academic achievement in accountancy at Scottish universities.

A significant collection of 400,000-year-old Palaeolithic tools, unearthed in Kent, has sold for more than £41,000 at auction.

A programme helping people in the South of Scotland turn their business idea into a reality is getting underway for a second year following a successful initial pilot period. The South of Scotland Enterprise Pathways Pre-Start programme provided specialist coaching to 269 existing or prospective bus

Retailers are warning that UK government tax policies are driving up prices and threatening jobs, a new survey from the British Retail Consortium (BRC) has revealed.

The Ventures Lab, delivered by The Challenges Group, is partnering with Techscaler to boost the creation and growth of Scottish tech businesses with a social or environmental mission. By working together, The Ventures Lab and Techscaler aim to strengthen the pipeline of impact-driven startups in Sco

The Bank of England is widely expected to cut its bank rate by 25 basis points to 4.00% at its August meeting, though the decision is unlikely to be unanimous. Two hawkish members of the Monetary Policy Committee (MPC) are anticipated to vote for holding rates steady amid lingering price pressures.

Financial leader and arts advocate John Taylor has been appointed to the Board of Trustees for the Edinburgh International Festival. Formerly president of the Institute and Faculty of Actuaries, he brings a wealth of experience from senior roles at the Bank of England and as a governor of the Royal

With no IFRS Accounting Standard dedicated to accounting for carbon-related instruments, a new global study by ACCA (the Association of Chartered Certified Accountants) and the Adam Smith Business School at the University of Glasgow has revealed the growing complexity and diversity in how companies

Firms will soon be able to give retail consumers access to crypto exchange traded notes (cETNs), under changes announced by the Financial Conduct Authority (FCA). cETNs that retail consumers can access must be traded on an FCA-approved, UK-based investment exchange (a Recognised Investment Exchange