News

The number of small and medium-sized enterprises (SMEs) building homes in Scotland has significantly declined, according to new figures. A report published today by representative body Homes for Scotland (HFS) shows the proportion of new homes sold by those building between three and 49 homes per an

A salesman who was found guilty of being part of a £3.3 million fraud against Edinburgh University has been jailed for seven years. Aasim Johar, 54, colluded with the university’s former assistant director of estates and buildings Geoff Turnbull to mastermind a bogus procurement scheme t

A three-bedroom house in San Francisco's affluent Russian Hill neighbourhood has been listed for an astonishingly low price of $488,000 (around £385,000).

Despite improved transparency, a Holyrood committee has found that inconsistency, bureaucracy, and inflexibility are still creating challenges for small businesses and third sector organisations looking to participate in public procurement. A decade on from the introduction of the Procurement Reform

A woman who dumped her boyfriend after he broke a promise to look after her dogs has failed in a legal bid to force him to pay compensation. The New Zealand Disputes Tribunal heard that the woman, CL, was expecting her then-boyfriend, HG, to collect her from her home, take her to an airport and then

The Financial Conduct Authority (FCA), working with the Metropolitan Police Service, has conducted an operation to arrest two individuals, aged 38 and 44, suspected of running an illegal cryptoasset exchange. More than £1 billion of unregistered crypto assets are believed to have been bought a

Interpath Advisory, the UK restructuring firm formed from a KPMG spin-off in 2021, is in advanced talks to acquire KPMG's French restructuring division. This would be Interpath's most significant acquisition to date, with the French arm employing over 100 people, Sky News reports.

KPMG is set to cut a further 200 jobs in the UK as the consulting sector faces a market slowdown. The cuts, affecting both back-office and client-facing roles, come after a review of the firm's cost base and are expected to be completed by October 2024.

Catherine McWilliam, the youngest-ever nations director of IoD Scotland, has been named one of Management Today's 35 Women Under 35. As one of only two Scottish leaders represented in the list, the award highlights Catherine’s important contributions to the business world, as well as wider com

Glasgow-based Startline Motor Finance has carried out a new £450 million London Stock Exchange securitisation. The move has seen the company float around three quarters of its existing assets under management as part of the securitisation programme, listed under the name Satus, with the busine

Glasgow-based signage company Prosigns has acquired East Kilbride signage and graphics company Centurion Signs, for an undisclosed sum.

A senior figure in Scotland’s business and accountancy sectors is due to receive an honorary degree from the University of Stirling next week. Alexander Philip Manson, Lord-Lieutenant of Aberdeenshire and the former chief executive and chair of Johnston Carmichael Chartered Accountants, will r

A husband-and-wife team has brought Sri Lankan cuisine to Aberdeen after taking over a venue in Merchant Quarter. Mahinda and Menaka Jayaratne took over The Exchange Pub & Restaurant in late 2023, keen to offer a fresh take on dining, socialising and live music.

Dundee-based tech firm Waracle has agreed to acquire Screenmedia, a Glasgow-based design and software engineering agency, for an undisclosed sum. With its expertise in mobile app, digital product development and artificial intelligence, the acquisition pairs the 145-strong team at Waracle &ndas

Insurance brokerage Lockton Corporate Scotland is marking its 10-year anniversary since opening of its offices in Aberdeen and Glasgow. Since its inception, Lockton Corporate Scotland has achieved double-digit growth year after year.