News

Sir Andy Murray’s five-star Cromlix Hotel has returned to profitability following two consecutive years of losses. Located near the former Wimbledon champion’s hometown of Dunblane, the luxury establishment posted a profit of £193,379 for the financial year ending 31 March 2025. Th

The administration of the Stewart Milne Group (SMG) and its subsidiaries has been extended for a further 12 months following approval from the Court of Session in Edinburgh. Administrators Teneo requested the extension to 7 January 2027 to allow sufficient time to progress all outstanding matters, m

Investment in Scottish commercial property proved highly resilient last year, closing in on the £2 billion mark despite 12 months of uncertainty, according Knight Frank.

Bayne’s the Family Bakers recorded a profit before tax of £3.4 million for the year ended 31 March 2025, maintaining financial stability despite significant inflationary pressures. This steady performance underpins a newly announced strategic roadmap, which will see the company invest &p

Cardo Group has completed the acquisition of Paisley roofing business Faskin Group. Founded in 2010 by Frank and Karen O’Hara, Faskin Group has over 50 years of combined experience. Faskin’s approach has earned a strong reputation for excellence, long-standing client relationships, and s

Five Business Improvement Districts have added their voices to that of the Scottish Retail Consortium in calling on Scottish Government and MSPs to introduce a permanent business rate discount for all retail, hospitality, and leisure premises. The joint plea comes ahead of the unveiling of the Scott

Deloitte’s latest survey of UK Chief Financial Officers (CFOs) shows that 59% of the UK’s largest businesses have become more optimistic over the past 12 months on the potential for AI to boost the performance of their own organisation – up from 39% when last measured in the third

Bridgepoint has agreed to purchase a majority stake in Interpath, the former restructuring division of KPMG, in a deal that values the advisory business at approximately £800 million. This acquisition represents a significant exit for HIG Capital, which originally bought the unit from the Big

Henderson Loggie has appointed Jay McKinnon as VAT director in its Aberdeen office, further enhancing the firm’s specialist tax advisory services across Scotland. Ms McKinnon brings over two decades of experience in indirect tax, having held senior roles at the Big Four as well as internationa

Influencer and WWE wrestler Logan Paul is set to test the upper limits of the alternative investment market by auctioning what he describes as the "Holy Grail" of Pokémon cards. The item in question is a rare Pikachu Illustrator card, notable for being the only copy in existence to receive a

Underlying operating profit at Baxters Food Group climbed 44% to £22.3 million for the year ending 29 March 2025, as strong demand from the US military helped the Scottish soup maker significantly reduce its losses.

ACCA (The Association of Chartered Certified Accountants) has announced it will end remote examinations in a bid to curb a sharp rise in academic misconduct. From March, the global accounting body will require its students to sit assessments in person, effectively ending a practice introduced during

Pre-tax profits of £31 million have been reported by DC Thomson for the year ending 31 March 2025, as the publisher navigates a challenging media landscape. Total revenues for the group rose to £184m, up from £154m the previous year. This increase was bolstered by £29m in new

Operating profits of £5.9 million have been reported by Macphie Limited, a rise from £5.4m the previous year, as the Scottish food ingredients manufacturer navigated “operational challenges” to deliver growth. Based in Glenbervie near Stonehaven, the family-owned business saw

Scottish-headquartered energy and infrastructure heavyweight Global Energy Group (GEG) has announced a robust set of year-end financials, with revenue climbing to £330 million from £253m the previous year. The Inverness-based group, which recently underwent a major rebranding and strateg