News

Deloitte has quietly dismissed approximately 250 employees in the UK, representing 1% of its workforce. This marks the third round of redundancies in 13 months for the Big Four firm. The cuts, which were not formally announced, targeted underperforming staff across its advisory divisions and follow

Amazon has invested over £3.5 billion in Scotland since 2010, generating an estimated £3bn for the Scottish economy, according its latest Economic Impact Report. The figures are taken from the latest Amazon Economic Impact Hub, which details the investments made by Amazon across the UK s

Glasgow-headquartered Macfarlane Group PLC, distributor of protective packaging, has appointed Joost Meijs to the new role of managing director, Macfarlane Packaging Distribution, Europe, as the company strengthens its presence in the European protective packaging market. In recent years the company

Young Spirits, an Edinburgh-based spirits bottling and brands business, has appointed its former director of operations, Barbara Russell Scott, to the post of managing director. She will now lead the senior management team in driving a programme of growth for the five-year-old business, building on

James Stephen, Malcolm Cohen and Shane Crooks of BDO have been appointed joint administrators of Inverness Caledonian Thistle Football Club. Mr Cohen and Mr Crooks were previously involved in the liquidation of Rangers in 2012.

Handelsbanken has strengthened its position in Edinburgh with a move to new branch premises in the city’s west end. This supports the bank’s continued growth in the city, and follows recent appointments bolstering the team’s presence.

With one week to go until the Autumn Budget, and the anticipated publication of the Government’s business tax roadmap, companies in Scotland are calling for more certainty on taxes to help stimulate growth. According to the latest research from accountancy and business advisory firm, BDO LLP,

Accountancy firm BK Plus has acquired Cornerstone Accountants in Glasgow and FourM Accountants in Dundee, adding almost 100 staff and expanding its presence into Scotland. In just over three years since formation, the deal brings BK Plus' office count to 25 offices.

Scottish Land & Estates (SLE) has urged the UK government to use the upcoming budget to implement fiscal reforms that support rural communities, tackle climate change, and ensure the sustainable future of the rural economy. In a pre-budget submission, SLE outlines critical areas requiring g

East Lothian-based Herb & Soul is showcasing the healing power of plants, offering a unique approach to wellbeing through herbalism and nature immersion. Founded by Karen Jane Brown in February 2024, the received specialist support from Business Gateway to help start-up. It provides workshops, w

A prime Edinburgh retail property housing a Waitrose supermarket and Kwik Fit garage has been sold for over £18.15 million. Located at 145 Morningside Road and 7-13 Falcon Road, the property comprises a 33,347 sq ft retail space for Waitrose and an adjoining 12,795 sq ft garage for Kwik Fit. B

The Financial Conduct Authority (FCA) has said it is taking targeted action on 'finfluencers' who may be touting financial services products illegally. Twenty individuals are being interviewed under caution, and the FCA has issued 38 alerts against social media accounts operated by finfluencers. Thi

The PGA of America is facing criticism for charging volunteers a hefty fee to work at the 2025 Ryder Cup at Bethpage Black. The "volunteer package" will cost $350 (£269), which includes a uniform, a drawstring bag, a commemorative pin, and food during shifts. This is a significant increase fro

Mid-market business confidence has faltered ahead of the Autumn Budget on 30 October, as profit growth expectations sink to a three-year low and confidence in their funding position continues a downward trajectory since the beginning of the year, according to Grant Thornton UK LLP. The business

An airport has capped goodbye hugs at a maximum of three minutes long. New signage at the drop-off section outside Dunedin Airport in New Zealand coldly states: "Max hug time 3 minutes. For fonder farewells please use the car park."