News

Scotland's Finance Secretary Shona Robison has unveiled plans for up to £500 million in spending cuts to balance the Scottish government's budget amid "enormous and growing" financial pressure. Ms Robison told parliament that this fiscal year Scotland is projected to face an additional £

Glasgow-based accountancy practice Gilliland and Company has appointed Anne Smith as business services partner. Ms Smith, who joins the firm from Azets where she was a partner, specialises in advising SMEs, owner managers, and entrepreneurs on the financial issues which affect the management and ope

A car park built for £51 million in Oxfordshire is lying empty because a council cannot connect it to the main road.

The Net Zero Technology Centre (NZTC) has opened applications for the 2025 cohort of its TechX Clean Energy Accelerator. Start-ups across the globe can now apply for a place on the programme and a share of £500K grant funding (up to £50,000 for each start-up).

Aberdeen-headquartered ICR Group, a global maintenance and integrity solutions firm, together with its regional partners, has secured $3.5 million (£2.67m) in contracts in the Middle East over the past four months. ICR’s flagship brand, Technowrap, has been instrumental in driving growth

STV Group has announced a strong financial performance for the first half of 2024, with total revenue up 20% to £90.4 million and adjusted operating profit up 33% to £10.6m. The company attributes this growth to its successful Studios investment strategy, an improving advertising market,

Scottish retailers experienced another month of declining sales in August, marking a disappointing summer for the sector.

A local council in South Korea is offering cash incentives worth up to £13,000 to young people who strike up a relationship following a local matchmaking event. Busan's Saha district office is offering 1 million won (c. £570) to any couples that form after a mass blind-dating event to be

Millions of pensioners reliant on their state pension will be particularly anxious over the Labour Government’s warning of tough times ahead. Those who aren’t entitled to pension credit are seeing their winter fuel allowance withdrawn and there’s since been speculation that the sta

Norwegian oil company Neo Energy has announced a significant slowdown in investment across its portfolio, including the Buchan Horst oilfield in the North Sea. The project's joint venture partners are Serica Energy and Jersey Oil & Gas, owning 30% and 20% respectively.

Twenty-three Scottish businesses have attracted over £85 million in venture capital funding during the second quarter of 2024, defy the broader UK investment trend, according to KPMG. The latest KPMG Private Enterprise Venture Pulse report has showed that companies from across the region

The average selling price of property in Edinburgh, the Lothians, Fife and the Borders was £287,488 in June-August 2024, an annual increase of 2.3%, ESPC reports. Most of the regions enjoyed similarly small but healthy increases in average selling prices, with the Borders seeing a 3.4% annual

Brodies LLP has announced the appointment of banking and finance partner James Wilson to the firm. Mr Wilson has spent more than two decades in practice, having worked in London, Brussels and Sydney, with clients in the US, Australia, Malaysia, China, Indonesia and the UK. He has extensive experienc

Ahead of the Programme for Government, Salmon Scotland, the trade body representing the UK's largest food export, has urged the Scottish Government to cut the red tape hindering Scotland’s blue economy regulations and support sustainable growth in the sector. The appeal comes as Scotland&rsquo

Capital Credit Union (CCU) has partnered with Greener Energy Group to assist members in funding eco-friendly home upgrades like solar panels, heat pumps, and EV chargers. The partnership follows the successful launch of CCU’s green loan in 2023.