News

Businesses in Scotland that export small parcels to the EU with a value below €150 (c. £130) per item face a €3 (c. £2.61) duty for each one from July. They are being urged by Azets to plan now for the changes, and model the impact on the bottom line.

The Financial Conduct Authority (FCA) has fined Richard Howson £237,700 for his part in misleading statements being issued by Carillion plc. As group chief executive, Mr Howson, was aware of serious financial troubles in Carillion’s UK construction business. He failed to reflect this in

Scottish craft beer giant Brewdog has appointed restructuring consultants AlixPartners to oversee a competitive sale process, a move that may result in the business being dismantled and sold in separate parts. The Ellon-based brewer, famous for brands like Punk IPA, has reportedly set a tight deadli

Scottish entrepreneur Calum White is celebrating the fifth anniversary of Dubai-based White & Co Real Estate with a record turnover of £63 million (c. 307 million UAE Dirhams) in 2025. The company has enjoyed five years of successive growth since being set up by the 32-year-old in January

Scottish Borders Council Pension Fund has committed £30 million to the major new UK social investment fund soon to be launched by M&G plc, contributing to M&G’s ambition to unlock over £1 billion of long-term investment over the next three to five years in affordable housin

A new report has confirmed that £2.38 million worth of “non‑operational” land has been sold in the past six months as efforts to unwind the collapsed Stewart Milne Group (SMG) continue. The latest update from administrators Teneo Financial Advisory shows that land parcels held by

A UK government decision to push back mandatory public filing of detailed profit and loss accounts for small companies beyond 2027 is being welcomed as a significant boost for Scotland’s SME sector by Henderson Loggie. With SMEs accounting for 98% of all Scottish businesses, the firm says the

Johnston Carmichael has bolstered its tax advisory capabilities with the appointment of Alan Dean as private client tax director. Mr Dean joins the accountancy and business advisory firm, bringing his 20 years of experience in private client tax. A Chartered Tax Adviser (CTA) and Association of Tax

Scottish construction and refurbishment specialist Alpha Projects has transitioned to an employee-owned model to reward its workforce and secure long-term stability. By adopting an employee ownership trust (EOT) structure, the north-east of Scotland company aims to safeguard its core values and cult

A local authority is recruiting a team of professional sniffers to help identify businesses producing bad smells. Brendola, a small town of around 4,000 people in northern Italy, is putting together a team of six "odour evaluators" following complaints from local residents about bad smells, The Guar

Great British Energy – the new publicly-owned energy company – is to be headquartered in Aberdeen city centre's Marischal Square development. It will occupy more than 8,400 sq ft of office space in the grade A building, which is one of the most environmentally-friendly offices in Aberdee

Coastal Workboats Scotland Ltd, the state-backed shipbuilder that revived maritime manufacturing in Stornoway for the first time in a century, has entered administration. Michelle Elliot and Graham Smith of FRP Advisory were appointed as joint administrators on 10 December 2025. The company had relo

Scottish salmon has solidified its position as the UK's premier food export, reaching a record valuation of £828 million in 2025. Growth of more than 18% was seen in Asian markets, with particularly strong demand in China and Vietnam, as Scottish salmon continues to be recognised globally for

The Scotch Whisky Association (SWA) has reported a challenging 2025 for Scotland's whisky industry, with global exports dipping to £5.36 billion, a 0.6% decline in value and a 4.3% drop in volume. This equates to 1.3 billion bottles leaving Scotland, or roughly 43 per second.

Savills has expanded its presence in the Highlands with the acquisition of Rennie Property Consultants, welcoming Sandy Rennie into its Inverness office. Mr Rennie is a Chartered Surveyor with decades of experience across the Highlands, Islands and Moray. His work includes advising landowners, devel