News

Scottish businesses are raising prices and hiring fewer staff in response to growing financial pressures as a result of the increase in employer National Insurance Contributions (NICs), according to the Fraser of Allander Institute at the University of Strathclyde. The latest edition of its quarterl

Venture capital (VC) investment into Scotland’s start-up and scaling businesses reached over £90 million in the opening quarter of 2025, according to the latest KPMG Private Enterprise Venture Pulse report. Twenty-six investments were concluded in the region, highlighting sustained appet

Johnston Carmichael has appointed Rachel Jones, founder of online brand protection specialist SnapDragon, and Elizabeth Pirrie, CEO of AccelerateHER, to its Tech Advisory Board. The pair join a distinguished group of independent experts, who provide strategic guidance to support Johnston Carmichael&

The Financial Conduct Authority (FCA) is proposing streamlining the rules on the types of funds investment firms must hold to absorb losses and maintain financial resilience during periods of stress. The proposals do not change the rules about how much capital firms must hold but focus on simplifyin

Edinburgh has strengthened its position as a leading green financial centre, according to the latest Z/Yen Global Green Finance Index, the leading measure of international green financial centres. While Edinburgh's overall score was lower it has risen one place in the rankings to 18th, as centres ac

Scottish biotechnology firm MiAlgae has appointed Simon Durrant as chief financial officer (CFO) as it prepares for significant growth, including a new industrial-scale production facility in Scotland planned for later this year. MiAlgae’s circular technology repurposes by-products from whisky

Scotland’s commercial property market continues to see increased interest as both investor and occupier demand rose firmly in the first quarter of the year, according to the latest Royal Institution of Chartered Surveyors (RICS) Commercial Property Monitor. Overall occupier demand rose at the

The demolition of a building known as "Britain's biggest man cave" has cost around £220,000 in taxpayers' money. 

Opus Restructuring & Insolvency has bolstered its Scottish operations by appointing experienced insolvency practitioner Paul Dounis as a partner in its Edinburgh office. Mr Dounis joins Opus from RSM and brings over 35 years’ experience, having worked in major financial centres including A

UK government borrowing has exceeded official forecasts in March and for the full 2024-2025 fiscal year, intensifying pressure on public finances amidst a challenging economic outlook compounded by US tariffs. Data released by the Office for National Statistics (ONS) revealed a shortfall between gov

Glasgow-based KubeNet, an internet service provider and managed IT specialist, has acquired Aberdeen company ISN Solutions Group. This acquisition, finalised on 4 April, represents a key step in KubeNet's ongoing expansion strategy, which combines organic growth with targeted acquisitions, boosted b

FSB’s Small Business Index (SBI) in Scotland rose by more than 50 points in Q1 2025, while still remaining in negative territory at -15.29. That compared to a four-year low of -67.18 in the previous quarter. The increase in confidence comes despite growing concerns about rising business costs,

Scotland experienced a reduction in both personal and corporate insolvencies during the final quarter of the 2024-25 financial year (January to March 2025), according to the latest official statistics from Accountant in Bankruptcy (AiB). Personal insolvencies, which include bankruptcies and protecte

A Glasgow-founded wellness brand founded by two former Scotland rugby internationals has raised £3.6 million in fresh funding to strengthen its UK presence, lay the foundations for global expansion, and invest in new product development.  Puresport, launched in 2018 by rugby stars Adam As

Dentons has named Kirsty McBirnie and Lorna Henderson as the firm's latest partners. Edinburgh-based Ms McBirnie and Glasgow-based Ms Henderson are both in Dentons' corporate lending & real estate finance practice. They will join the Dentons partnership on 1 May 2025.