News

Business confidence in Scotland rose by nine points during July to 56%, according to the latest Business Barometer from Bank of Scotland. While Scottish firms’ optimism in the economy fell five points to 43%, their confidence in their own business prospects rose 23 points month-on-month to 70%

Weir Group PLC has reported a mixed performance for the first six months of its 2025 fiscal year, with a fall in statutory profit contrasting with strong growth in adjusted earnings. The Scottish engineering firm has raised its interim dividend and upgraded its full-year operating margin guidance.

A digital marketing agency is on a strong growth trajectory following transformational support from Business Gateway East Renfrewshire. Founded in 2017 by Vicky Mustard, Must Media, which specialises in website development and social media, has earned a reputation for delivering impactful digital so

ORA Architects has reported significant uplift in business performance, growing its turnover by 11% in 2024/25, as the long-standing design and architecture practice strengthens its foothold across the UK’s care sector. The Fife-based firm, which has delivered projects across the UK for over 5

Housebuilder Taylor Wimpey has posted a half year loss after a £222 million hit for removing cladding from highrise buildings following the Grenfell Tower fire.

Rents and capital values in Scotland’s commercial property sector are expected to increase in the short-term, supported by relatively low availability of industrial and office space and stable demand, according to the latest Royal Institution of Chartered Surveyors (RICS) Q2 Commercial Propert

Wbg has appointed former Tesco Bank chief Benny Higgins as its new chairman to spearhead an ambitious national growth strategy. Currently chairman of Glasgow-based investment firm N4 Partners, whose seven-figure investment last year made it the majority shareholder of Wbg, Mr Higgins succeeds Lorna

A coalition of Scottish heritage and design organisations have been successful in buying the Bernat Klein Studio at auction.

Glasgow City Region has been announced as one of three UK cities and regions receiving at least £30 million each from the UK government to unlock new, locally led innovation that can improve lives across the country.

Scottish green chemical manufacturer Celtic Renewables has bolstered its senior leadership team with the appointment of Kerry Crawford as chief financial officer and Bettina Brierley as chief commercial officer. Ms Brierley and Ms Crawford have been brought on as Celtic Renewables seeks to scale up

Scotland’s onshore economy shrank by 0.2% in May 2025, reversing a revised growth of 0.1% in April, according to official figures.

Asset manager Aberdeen Group reported net outflows of £900 million in the first half of the year, even as profits surged and its new chief executive, Jason Windsor, pushes ahead with a turnaround plan. The withdrawals from its core asset management business, primarily driven by insurance clien

HSBC’s pre-tax profits fell by nearly a third to $6.3 billion (c. £4.7bn) in the second quarter, missing analyst forecasts as the bank absorbed charges on its Chinese investments and the costs of a major restructuring programme. The results sent shares in the lender down by more than 4%

Global Energy Group (GEG) has reached an agreement on the sale of three of its group companies – including The Port of Nigg – to long term investor, Mitsui & Co Europe Ltd (Mitsui) a subsidiary of Mitsui & Co, together with, Mitsui OSK Lines Ltd (MOL). The acquisition includes:

Supply chain membership organisation British Water has appointed Stephen Slessor, chief executive of Ross-shire Engineering (RSE), as chair, succeeding Dr Mark Fletcher, director and global water business lead at Arup. Mr Slessor brings extensive sector experience, spanning 25 years in engineering,