News

Fraserburgh-based Gray & Adams, known for its refrigerated trailers, has reported a surge in profits, nearly doubling from £9.4 million to £18.6m in the year ending 26 April 2024. This marks the firm's highest pre-tax profits this century, achieved despite a challenging period marked

Thorntons has advised on a community buyout that will safeguard the future of a Cairngorms visitor attraction and help boost the local economy.

RBC Brewin Dolphin has promoted four investment managers at its Edinburgh office. Sandy Lyell and James Pearse have become directors, while Caroline Whytock and Scott McKean become assistant directors.

Thorntons has strengthened its leadership team with the appointment of two new partners, one an internal promotion and the other a lateral hire. Rachel Anderson, based in St Andrews, is promoted to private client partner and Jennifer Gallagher joins the firm’s Dundee team as a family law partn

Bank of Scotland-owner Lloyds Banking Group has announced it will allow customers of its three brands – Lloyds, Halifax, and Bank of Scotland – to use any branch regardless of which brand they bank with. The group claims the move will offer greater choice and flexibility, although it has

CT has announced the sudden passing of long-serving colleague Moira McMillan, and paid tribute to her life and work. Ms McMillan grew up in East Lothian and attended Ross High School in Tranent. She started her accountancy career with Ersnt & Young in London as a personal tax adviser before join

Scottish retail sales experienced a slight uptick in December 2024, with a 0.8% increase compared to December 2023, when sales grew by 1.9%.

Aberdeen City Council is developing plans for a Visitor Levy.

Highlands-based water treatment solutions provider RSE has reported a strong financial performance for the year ending 31 March 2024. Revenue surged by 30% to £257.2 million, up from £197.7m in 2023, while operating profit rose to £19.9m from £13.9m.

Liam McLaughlin, a dentist from Glasgow, has utilised six-figure funding from Unity Trust Bank to buy independent Avondale Dental Practice – a trusted provider of dental care in the East Kilbride community for over 70 years. Mr McLaughlin took over from the previous owner who had successfully

Rovtech is to acquire the VALOR Remotely Operated Vehicle (ROV) business from Seatronics in a deal worth seven figures. The move bolsters Rovtech's standing as a global manufacturer of robotics, tooling, and equipment for harsh environments, including nuclear and subsea operations.

The shortest-serving Prime Minister in UK history, Liz Truss, has taken legal action against Sir Keir Starmer over his claims that she "crashed the economy". According to The Telegraph, a cease and desist letter sent to the sitting prime minister by lawyers acting for Ms Truss claims his statements

Following the increases announced in the Autumn Budget to employer National Insurance Contributions and National Minimum Wage, UK businesses' profit growth expectations remain low and many are looking to review employee costs across the board including implementing hiring freezes, according to Grant

All Scottish councils must learn from the weaknesses that allowed an Aberdeen City Council employee’s £1.1 million fraud go undetected over 17 years, the Accounts Commission has urged. Between 2006 and 2023, the employee transferred 655 council tax refund payments totalling £1.109m

The FinTech Scotland Cluster has recorded an 8% year-on-year employment growth during 2024 bringing the total number of people working in fintech to over 11,300. The continued economic contribution by the cluster comes as Fintech Scotland reaches its seventh anniversary since formation.