News

Inflation tracked by the UK's consumer prices index (CPI) increased by 2.8% in the year to February 2025, a reduction from January's 3.0%, according to the Office for National Statistics (ONS). This figure was marginally below market forecasts of 2.9%. Core CPI, excluding volatile items, rose by 3.5

Scotland's housing market experienced a 4.6% annual increase in average property prices, reaching £187,000 in January 2025, according to the latest House Price Index (HPI).

Rutland Square Spirits Ltd has signed a deal with Bollywood actor-turned-serial entrepreneur Dr Vivek Anand Oberoi, setting the scene for a significant inward investment into Scotland. Rutland Square draws inspiration from a rich family legacy and pays homage to the founder’s great-grandfather

US food ordering and delivery app DoorDash has formed a new partnership with Klarna, enabling US customers to utilise flexible payment options for their orders.

New research from Grant Thornton UK LLP’s latest Business Outlook Tracker shows a significant recent uplift in business optimism, with an increasing number of mid-sized businesses in Scotland responding proactively to rising employment costs with strategic planning. In December last year, shor

The Financial Conduct Authority (FCA) has launched a new 5-year strategy to deepen trust, rebalance risk, support growth and improve lives.  The FCA will focus on four priorities: 

Alan Kilpatrick BEM has been elected as the new chair of Scottish Golf, following a membership vote at the 2025 AGM. Mr Kilpatrick brings extensive international experience in senior finance, strategy, commercial, and general management, with a proven track record in business recovery and transforma

Aberdeen-headquartered engineering services firm Wood Group has granted Dubai-based Sidara an extension to the deadline for a potential takeover bid.

Wbg is urging business owners to act now ahead of the forthcoming Making Tax Digital (MTD) mandate. MTD is the government's initiative to implement a fully digital tax system in the UK, whereby taxpayers keep digital records and use MTD-compatible software to make tax submissions electronically.

AAB has been shortlisted as one of the finalists in this year’s British Business Awards, which celebrates and recognises trailblazers across the UK business community. AAB is the only company which combines both financial and professional services to feature in the shortlist for the Stellar Om

Scotland could do more to capitalise on the economic growth opportunities presented by the energy transition and digital transformation, according to new research by the Fraser of Allander Institute supported by Deloitte in Scotland. The research considers the drivers of productivity in Scotland and

Turas Hotels has acquired the landmark Cairngorm Hotel in Aviemore, previously under family ownership for three decades. The purchase, for an undisclosed sum, strengthens the group's presence within the Cairngorms National Park. The 32-bedroom Victorian hotel, a prominent feature of Aviemore's main

The Financial Reporting Council (FRC) has fined PwC £2.9mn for failures in its audit of since-collapsed Wyelands Bank, which was owned by businessman Sanjeev Gupta. The Big Four firm admitted to breaching audit requirements for the bank's 2019 accounts, particularly regarding risk assessment a

AG Barr has announced a 15.8% increase in adjusted pre-tax profits, reaching £58.5m for the year ending 25 January 2025. However, the company also revealed plans to discontinue its Strathmore water brand, potentially leading to the closure of its Forfar manufacturing site and 23 job losses, su

Over a third of property experts have identified tax restrictions announced in the 2024 Autumn Budget as a major impediment to real estate investment this year. This is according to RSM UK's Real Estate 360 survey, which recorded 35% of businesses saying that additional tax restrictions will be a ke