News

Heriot-Watt University has secured renewed backing, worth £1.25 million, from investment firm Baillie Gifford to significantly enhance programmes based at Panmure House – the final remaining home of economist Adam Smith. The 'Baillie Gifford Panmure House Partnership II Gift' aims to rev

Administrators overseeing the sale of a historic 24-room Scottish boutique hotel have appointed specialist hotel agent Colliers to market the business and property in Inveraray for offers over £2.85m.

The number of Scottish companies entering administration remained relatively stable in the first quarter of 2025, according to analysis by Interpath. Data from Companies House showed 14 administrations between January and March, broadly consistent with the 12 cases in Q1 2024 and 15 in Q4 2024. UK-w

Joint administrators at BDO have named former chairman Alan Savage as the preferred bidder for Inverness Caledonian Thistle FC. The joint administrators have advised that the issues previously reported surrounding the writing off of loans by loan creditors and the uncertainties stemming from the pro

Scottish hotel group Crerar Hotels has successfully secured a refinancing package of approximately £40 million from HSBC UK. The funding supports ten properties within the group's portfolio, comprising nine hotels across Scotland and one in the Lake District, including notable venues such as F

Edinburgh-headquartered Exception, a digital transformation company, has completed a management buyout (MBO), marking a significant milestone in the company’s journey. Led by its dedicated leadership team, the buyout positions Exception for continued growth, innovation, and independence as it

The UK economy showed unexpected strength in February, with GDP expanding by 0.5% – significantly outpacing economists' forecasts of 0.1% growth.

An accountant has lost a £700,000 court claim against developers after refusing to complete the purchase of a £1.5 million flat in south London's Aykon London One tower, nicknamed the 'Versace Tower' for its fashion house-designed interiors. Mi Suk Park, 54, paid a £381,000 deposit

Shona Campbell of Henderson Loggie has been appointed as administrator to Air Service Training (Engineering) Limited (AST), a wholly owned subsidiary of UHI Perth – a partner of the University of the Highlands and Islands. Based at Perth Airport, AST was established in 1931 to provide approved

Sustainable Ventures, in partnership with Barclays, is launching a new climate tech SME support programme for Scottish companies to address the sector-specific needs of Scotland’s startups and climate tech founders.  Powering the Future, based in Glasgow, delivered by Sustainable Ventures

SportsPro, an Edinburgh-based provider of pro and amateur sportswear, has secured a £750,000 growth loan from the British Business Bank’s Investment Fund for Scotland, via appointed Fund Manager, The FSE Group. The funding will enhance SportsPro's brand development, marketing efforts, an

Nikhil Rathi has been reappointed as chief executive of the Financial Conduct Authority (FCA) for a second term.

An East Renfrewshire business has seen its turnover double after accessing support and signposting to £10,000 of grant funding from Business Gateway. Founded by Saffron Grant in 2009, Setting Out for Construction is a specialist civil engineering training organisation dedicated to increasing t

Surveyors in Scotland report that house prices rose through the first quarter of 2025 according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey, showing a more resilient upward trend than all other UK regions aside from Northern Ireland. According to the lates

A quiet revolution is taking place across the accounting profession as record numbers of qualified technical accountants are rejecting traditional employment in favour of establishing their own practices.  AAT's (The Association of Accounting Technicians) licensed accountant population –