News

The Cyber and Fraud Hub, Scotland’s only dedicated charity supporting individuals affected by cyber crime and fraud, announces the appointment of Alex Dowall as its CEO. This appointment comes as the hub approaches its first anniversary.

Edinburgh-headquartered AI fintech company Aveni has unveiled FinLLM, a large language model (LLM) specifically designed for the UK financial services industry. FinLLM is designed to meet the industry’s stringent requirements for compliance, safety, and performance, setting a new benchmark for

Scottish entrepreneur Sir Tom Hunter has urged the nation's political and business leaders to unite and implement radical changes to counteract what he describes as Scotland's "managed decline". The Hunter Foundation has commissioned an independent study by Oxford Economics that draws on the lessons

Two of the 14 UK sectors reported output growth in April, according to the latest Bank of Scotland UK Sector Tracker. Compiled using exclusive PMI survey data from around 1,300 private sector companies, the report shows software services (54.5) and real estate (50.4) saw an increase in output. This

A new poll has revealed that only a quarter of Scots support the introduction of zonal power pricing to the UK's energy system, while a significant 41% are opposed, with a third remaining undecided. The survey, conducted by Survation for Aberdeen-based advisory firm True North, comes as a UK governm

Manor Estates Housing Association Ltd (MEHA) has secured a £13 million funding injection from Royal Bank of Scotland, as it celebrates its 30th anniversary.

Impending changes to UK inheritance tax (IHT) and business property relief (BPR), set to take effect from 6 April 2026, are sparking significant concern amongst business owners regarding their potential financial impact. There is widespread anxiety about funding of unexpected tax liabilities and tri

Accountancy and business advisory firm CT has appointed Anthony Gillham as a new partner, signalling a significant step in its growth strategy across both Scotland and England. Mr Gillham will divide his time between CT's head office in Edinburgh and a new base in Newcastle, reinforcing support for

Northern Turbine Services, a specialist provider of installation, repair, and maintenance for onshore wind turbines, has secured £300,000 in funding from the Royal Bank of Scotland to purchase its leased premises in Orkney.

The renowned Isle of Skye restaurant, The Three Chimneys, and the island's oldest distillery, Talisker, are elevating their collaboration to champion the rise of the gastro-distillery. In spring 2024, The Three Chimneys and Talisker came together for the first time to launch an immersive pop-up dini

A popular Paisley pie shop has experienced a significant surge in customers after its founder, Scott Mcginlay, sought assistance from Business Gateway. Launched in 2023, Paisley Pie Co has rapidly cultivated a dedicated clientele, celebrated for its artisanal pies and premium baked goods. The busine

An original issue of the Magna Carta, long mistaken for a copy and sold in the 1940s for what one historian described as a “fairly derisory price”, has been identified at Harvard Law School Library. The document was acquired in 1946 from a London bookseller for just $27.50, before its tr

Danish businessman Anders Holch Povlsen, often cited as Scotland's wealthiest individual, has seen his personal fortune increase by nearly £1 billion over the past year, solidifying his top position in The Sunday Times Rich List for Scotland. His net worth is now estimated at £7.704bn, a

The Financial Conduct Authority (FCA) has found that one in ten people have no cash savings at all, and another 21% have less than £1,000 to draw on in an emergency. The regulator’s research also shows that one in four people in the UK have low financial resilience, meaning that they hav

Scottish retail sales saw a significant upturn in April, with total sales increasing by 4.5% compared to the same period in 2024.