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
News
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.
A consultation has been published on the potential for certain exemptions from rent controls or increases above the rent cap.
A Japanese music producer's dream of owning a Ferrari turned into a nightmare when his newly acquired 458 Spider burst into flames just hours after he took delivery.
Experienced commercial and banking lawyer Jamie Apted has joined Aberdein Considine as a partner in their Legal 500 Tier 1-ranked Lender Services team. Jamie, who will be based in the firm’s Caddell House offices on Glasgow’s Waterloo Street, joins from the London Metal Exchange, having
Scotland's business landscape is characterised by flatlining demand, stalled investment, and significant cost pressures, according to the latest Quarterly Economic Indicator (QEI) from the Scottish Chambers of Commerce (SCC) and the Fraser of Allander Institute. Taxation has emerged as the number on
Ali Armstrong is showing a real determination to go the distance – keeping pace on his career and marathon goals. The accounts junior at Edinburgh-based firm MHA is gearing up for his seventh 26.2-mile race in just three years.
Royal Bank of Scotland has chosen Children’s Hospices Across Scotland (CHAS) as its colleague charity partner for Scotland.
The percentage of Scottish small businesses predicting growth has fallen to a four-year low (29%), according to new figures from Novuna Business Finance. The current position stands in stark contrast to last summer, which saw a period of stability in Scottish growth outlook.
Scottish retail sales saw a slight increase in March 2025, rising by 0.3% compared to the same period last year, according to the Scottish Retail Consortium. Figures covering the five weeks to 5 April, suggest this modest growth is considered noteworthy given that the comparison month, March 20
Glasgow-based Levy & McRae Solicitors (L&M) has appointed Malcolm Cannon as its new chief operating officer (COO). A former CEO of major Scottish businesses, industry representative bodies and legal businesses, Mr Cannon brings a wealth of experience from both industry and the legal sector t