News

Paragon Bank’s Development Finance division has provided a £22.6 million finance facility to support the transformation of a prominent Glasgow city centre office building into purpose-built student accommodation (PBSA). The project, delivered by experienced developer Union Property Devel

Whisky producer Whyte & Mackay has reported a fall in profits for the year ended 31 December 2024, citing a global slowdown in the whisky, spirits, and luxury goods markets.

BTO has announced the appointment of two Glasgow-based partners, Eoghann Green and Carolyn Bowie. Mr Green brings a wealth of expertise as a highly regarded commercial disputes and insolvency litigator. Working closely with litigation partners Angus Wood and Will Cole, he will focus on both corporat

McKee Campbell Morrison Solicitors (MCM) has announced the appointment of Ferga McKay as senior associate director in the firm’s commercial property team. Ms McKay brings a wealth of experience and a well-earned reputation as a trusted and highly respected commercial property lawyer.

Glasgow Prestwick Airport is flying high after sealing a major new deal with Beijing Capital Airlines, part of the HNA Aviation Group. The partnership will see a four-times-weekly Airbus A330 freighter take off between Prestwick and Zhengzhou, strengthening Scotland’s direct trade links with C

The Governor of the Bank of England, Andrew Bailey, has warned that Brexit will have a negative impact on the UK economy for the "foreseeable future". Speaking in Washington DC, Mr Bailey stated that while he took no political position on the UK's departure from the EU, the resulting trade restricti

Fourteen people have been convicted and sentenced for their part in exploiting over 3,500 victims in a more than £28 million investment fraud, making it one of the largest crimes of this kind in the UK.

Wbg has promoted Shehzad Ashaq from associate partner to partner in its tax team. Mr Ashaq, who previously won the Rising Star in Business category at the Scottish Asian & Business Awards, has a broad range of experience in corporate and personal tax and specialises in tax planning and complianc

KPMG UK has appointed Jo Thomson as its new Edinburgh Office Senior Partner, where she will lead a team of over 400 people at the firm’s Saltire Court base. Alongside leading the Edinburgh office, Ms Thomson has also been appointed as public sector lead for Scotland. In this role, she will bri

A city in Catalonia has outright banned the adoption of black cats in the run-up to Halloween over fears they could be used in satanic rituals. The move was announced last week by the city council of Terrassa, a city of nearly 230,000 people in the vicinity of Barcelona.

Begbies Traynor has added 34 years of Scottish insolvency experience to its team in Glasgow with the appointment of George Lafferty as director. Mr Lafferty joins the professional services firm from another Glasgow insolvency firm, where he was insolvency director. He has previously held senior posi

Gold surged past £3,200 an ounce on early Friday morning, reaching a new record high of £3,257.80 and heading for its largest weekly gain since the 2008 financial crisis. The precious metal is on track for an approximate 8% rise this week, fuelled by a potent combination of geopolitical

Luss Distillery, a new multi-million-pound distillery and visitor experience centre by Loch Lomond Group, is officially open.

Company insolvencies in Scotland saw a sharp increase in September 2025, rising 41% compared to the same month last year. Official figures show 103 companies became insolvent. This total was comprised of 50 creditors’ voluntary liquidations (CVLs), 48 compulsory liquidations, and five administ

Scottish retail sales saw a modest increase of 1.3% in September compared to the same period last year, marking the third consecutive month of growth.