News

Scotland's private sector output experienced a third consecutive monthly decline in February, according to the Royal Bank of Scotland's Scotland Growth Tracker. The seasonally adjusted index, measuring combined manufacturing and service sector output, fell to 49.0, indicating a marginal contraction

Ayrshire-based Green Home Systems has reported a 208% increase in turnover, rising from £6 million to £17m for the year ending 30 June 2024. The company, specialising in domestic energy efficiency retrofits, attributes its growth to a strategic expansion of its services and partnerships.

A software developer who set up his employer's computer systems to fail in the event of being fired is facing up to 10 years in prison after his plan came to fruition. Texas man David Lu, 55, began to sabotage his employer's systems after being effectively demoted in 2018, according to the US Depart

Revolut and Visa have launched legal challenges against the UK's Payment Systems Regulator (PSR), disputing its proposed cap on international digital transaction fees. The companies argue the PSR has exceeded its statutory powers with the plan, which aims to limit interchange fees on cross-border on

Barclays customers are experiencing further disruption as the bank's app suffered a new outage on Sunday 8 March, preventing fund transfers and payments. Reports of the problems surfaced around 7am, with a sharp increase in reported outages on Down Detector. Customers have complained of being unable

At a special full Inverclyde Council meeting last week, councillors approved a three-year £65 million capital budget. Projects included in the £65m capital budget that was agreed are:

Falkirk Council has set its budget for 2025/26, approving a £488 million revenue budget to invest in services over the coming year and a five-year £231m capital investment programme.  

Edinburgh-headquartered Alba Partners has acquired data and AI specialists Core Consultants Group, bolstering its service offerings and expanding its team. The deal, which sees all Core Consultants Group staff integrated into Alba Partners' UK and Middle East operations, marks a significant growth p

A Greenock business that has seen significant growth is now set to target the European market. LilyBee Ltd was set up in June 2021 by Katy Kennedy, who started to feel the onset of the menopause which affected her badly, meaning she had to take early retirement from her position as an ICU neonatal n

A new creative space to support emerging and established artists from across Scotland is gearing up to open its doors later this month, with the launch of Osteria BauBau on St John’s Place, Perth. The food and drink venue, events space and gallery aims to support the local contemporary art sce

Wemyss Family Spirits has unveiled four new bonded warehouses at its Kingsbarns Distillery in Glenrothes, significantly boosting its whisky storage capacity to support future growth. This multi-million-pound investment, part of the company's ongoing expansion, will allow the family-owned spirits pro

Some of the biggest names from Scotland's business community have united in a plea to the UK government, urging immediate support for the Acorn Carbon Capture and Storage (CCS) project in Aberdeenshire

Balfour and Manson is moving into Glasgow to complete its triangle of offices in Scotland’s three largest cities. The firm will be based in George Square, in the heart of Glasgow, from 1 April, adding to its HQ in Frederick Street, Edinburgh, and its fast-growing office in Albyn Terrace, Aberd

The Financial Reporting Council (FRC) has launched the public beta of its Digital Reporting Viewer, a new tool designed to improve free access to structured company reporting data. The Viewer enables users to easily view and analyse Inline eXtensible Business Reporting Language (iXBRL) files, displa

New car registrations in the UK fell by 1% year-on-year in February, according to the Society of Motor Manufacturers and Traders (SMMT), with 84,054 vehicles registered. Year-to-date figures also show a 1.9% decrease compared to the same period in 2024, with 227,762 registrations.