News

  UK inflation unexpectedly accelerated to an 18-month high of 3.8% in July, reducing the likelihood of further interest rate cuts from the Bank of England.

Edinburgh-based Smart Data Foundry has appointed Gordon Baggott as its new chief data scientist. In his new role, Mr Baggott will spearhead the data science strategy for the University of Edinburgh subsidiary, driving research that promotes financial wellbeing, economic resilience, and informs polic

A London pub is challenging tradition by automatically adding a service charge to drinks ordered at the bar, a practice that has drawn criticism from customers. The Well & Boot pub in Waterloo station is adding an "optional" 4% service charge to all bills. The fee, which adds around 30p to the p

Stewart Milne Group’s (SMG) financial woes have deepened, with new claims worth more than £4 million lodged against the collapsed housebuilder in the past six months.

A new ambassador has been appointed to maximise the impact of the Scotland Loves Local Gift Card across the country, funded for 12 months by the Scottish Government.  As the newly appointed merchant engagement ambassador, Lisette Bellizzi will work alongside over 7400 businesses who are part of

The number of company insolvencies in Scotland saw a slight decrease in July 2025, with 116 firms failing compared to the same month in the previous year. The total was comprised of 68 creditors’ voluntary liquidations (CVLs), 43 compulsory liquidations, four administrations, and one company v

Maven Capital Partners has invested £2.6 million in Scottish advanced laser systems pioneer PowerPhotonic. The funding, which follows £2.7m investment by Archangels and Scottish Enterprise over the last 24 months, includes investment from the Maven Income and Growth VCTs and IFS Maven Eq

Edinburgh-based broadband company, GoFibre, has completed a £125 million funding round that will support its delivery of two Project Gigabit contracts in the south and north east of Scotland, covering the Borders, East Lothian, Angus, Aberdeenshire and the Moray coast. The round is led by a &p

Astronaut Tim Peake believes a growth mindset is key to success in any industry and warns the UK will fall behind if it fails to champion innovation. Speaking ahead of his keynote at the Institute of Chartered Accountants of Scotland (ICAS) Annual Conference in London on 5 November, which is open to

A long-serving partner at Johnston Carmichael has marked his retirement by embarking on a remarkable journey to deliver humanitarian aid to Ukraine. Roddy Anderson, 64, who retired in May from his role as business advisory partner in the firm’s Forfar office, spent over three decades advising

Handwritten lyrics and chords for the 1969 Fleetwood Mac hit 'Man of the World' are set to go under the hammer at Ewbank's auction house in Surrey. The composition sheet, penned by the band's co-founder Peter Green, is expected to fetch up to £15,000.

AAB has ranked, for the fifth consecutive half, as the top financial adviser in Scotland with 16 deals so far this year, the latest Experian M&A report shows.

Scotland’s net fiscal balance has deteriorated, with the deficit growing to £22.7 billion, or 10.4% of GDP, in the 2023-24 financial year.

The Scottish Chambers of Commerce (SCC) shared its 2025 Impact Report with Chambers across Scotland at its Annual General Meeting, highlighting a year of strategic growth, international expansion, and policy influence. Key achievements include:

More than nine in 10 (94%) private business owners in Scotland are confident of delivering growth in 2025, according to KPMG’s mid-year Private Enterprise Barometer check-in. Earlier this year, KPMG unveiled its first-ever Private Enterprise Barometer, an annual survey capturing the perspectiv