News

President Donald Trump has instructed the US Treasury Secretary to cease production of one-cent coins.

A new report, the Gender Export Gap, has revealed that Scotland could boost its economy by billions of pounds if women-led businesses exported at the same rate as those led by men. The report estimates a potential increase in trade of between £3.4 billion and £10.3bn over two years. From

Ayr-based JST Ports & Logistics Holdings Ltd has acquired Essex firm RFS Works Ltd, with backing by £11.7 million funding from Cynergy Business Finance. The transaction enables JST to enhance the breadth of its port and rail logistics service offering, whilst expanding its operations

The number of homeowners having their properties repossessed rose in the final quarter of 2024, according to figures from UK Finance. 1,030 homeowner-mortgaged properties were repossessed, a 12% increase on the previous quarter and a 54% increase year-on-year. Buy-to-let repossessions remained stati

Scottish angel investment syndicate TRICAPITAL Angels has announced a record year, contributing to the creation and safeguarding of over 500 jobs across Scotland. In its 20th anniversary year, the syndicate completed 18 deals, with its members investing over £3.5 million. This leveraged nearly

GAP Group Northeast, a Gateshead-based recycling and haulage firm, has expanded into Scotland with a new, state-of-the-art fridge recycling plant near Perth made possible by a seven-figure funding package from HSBC UK. This new site will allow the company, which specialises in recycling electronic w

Scottish businesses have been invited to enter The Private Business Awards 2025, sponsored by BDO, with nominations now open to private or PE-backed businesses with a turnover of £50 million-£300m. The inaugural awards programme, which serves to celebrate the mid-sized businesses that dr

A Dundee teenage entrepreneur, Mitchell Carling, has finalised the takeover of his second hospitality venue on the Costa del Sol. Carling, now 17, made headlines earlier this year after acquiring his first bar, a Rangers Supporters Pub named Bar None, at just 16. His investment company, PTR Hospital

Two-thirds of local authorities in Scotland are considering introducing a Visitor Levy following confirmation of the country’s first scheme in Edinburgh, according to research by the Federation of Small Businesses (FSB) in Scotland.  Data compiled by FSB Scotland shows 21 out of 32 Scotti

Scottish retail footfall saw a modest increase in January, rising by 1.0% year-on-year, a slight improvement from December's 1.5% decline. Shopping centres and retail parks experienced growth, with retail parks showing a particularly strong performance, up 5.7%. Edinburgh and Glasgow also saw increa

Armstrong Watson’s corporate finance team has almost doubled in size and successfully completed deals worth a combined total of more than £55 million over the last 12 months. Throughout 2024, the team continued to see a high level of activity across a variety of sectors, including manufa

TLT has advised a Glasgow-based diagnostics company that has pioneered the early detection and identification of cancer on a multimillion-pound investment. The funding will facilitate the business’ growth and expand its commercial presence in the US.

Holmes Mackillop has promoted Glasgow-based Robbie McAdam from solicitor to senior solicitor within its dispute resolution and litigation team. Mr McAdam joined Holmes Mackillop last August having qualified with a national personal injury firm the previous year before moving to a global commercial f

Addleshaw Goddard has recruited insolvency litigation specialist Sophia Harrison as a partner in restructuring, focusing on its insolvency dispute resolution (IDR) practice. Ms Harrison is dual-qualified in England & Wales as a barrister and in Scotland as a solicitor.

Lettings and estate agency DJ Alexander has said rent levels in Scotland are best left to the market to determine, arguing that rent controls have inadvertently fuelled rent increases. The firm said that the latest statistics on rent levels in the private rented sector (PRS) show that rents have bee