News

The UK hospitality sector is facing mounting pressure to build financial literacy at leadership level, and a new initiative from HIT Scotland and the University of Strathclyde Business School is set to address the challenge head-on. The two organisations have joined forces to launch a pair of two-da

James Stephen and Ben Peterson of BDO have been appointed as joint administrators to Merchant City Distributors Limited, an East Kilbride-based kitchen appliance company that has ceased trading after 25 years in business. The collapse has resulted in the loss of all 18 jobs.

JET Connectivity, a UK-developed technology firm specialising in infrastructure-independent 5G connectivity, has raised £1.2 million in a Pre-Series A funding round to accelerate its commercial growth.

Retail sales in Scotland fell sharply in March as anxious consumers reined in spending amid growing concerns over the Middle East crisis and the threat of rising energy prices and inflation.

Nearly four in ten private sector employers are planning to scrap pension salary sacrifice schemes following the Chancellor's decision to cap national insurance relief at £2,000 per year, according to research by Standard Life. The new polling, conducted among 500 business leaders, shows that

Listing activity on the London Stock Exchange (LSE) in the first quarter of 2026 was muted, with just two listings, according to EY-Parthenon’s latest IPO analysis. One listing raised £8.8 million on the main market, with the other raising £4m on the Alternative Investment Market (

Anthropic is set to release its Mythos cybersecurity product to UK financial institutions within the coming week, following a period of intense regulatory engagement on both sides of the Atlantic.

A number of apprentices at one of the UK's largest water companies cannot tell the time.

First Mortgage, part of the Mortgage Advice Bureau (MAB) Group, has acquired Home Loan Services (Glasgow) Ltd to further enhance its presence in the Scottish housing market.

A Dundee student who combined his studies with participation in the Paralympic Winter Games has been recognised for his outstanding contribution. Adam Hall recently graduated from the University of Dundee with First Class Honours in International Finance, also receiving the School of Business prize

The UK economy grew by a stronger-than-expected 0.5% in February, according to official figures from the Office for National Statistics (ONS), significantly outpacing the 0.1% forecast by economists.

The Financial Conduct Authority (FCA) has finalised a simpler UK short selling regime that reduces reporting burdens for firms, while maintaining regulatory oversight.

Motherwell-headquartered Accountants Plus has hired seasoned professional Mark Mulholland, a specialist in charities and agricultural businesses across Scotland, as a partner. The Lanarkshire firm, formed as a one-man operation by senior partner Bryan Wood in 2001, now has an annual turnover just sh

The AA has been fined £4.2 million and ordered to repay £760,000 to customers after the competition regulator found its driving schools engaged in “drip pricing”. The Competition and Markets Authority concluded that more than 80,000 learner drivers booking lessons through AA

Gilson Gray has opened a new office at 14 Rutland Square, joining its existing city centre locations at 6, 25 and 29 Rutland Square. The firm has reported strong financial results, with turnover rising from £32 million in FY2023-24 to £40m in FY2024-25 and FY2025-26 previously forecast t