News

Scottish Friendly is celebrating a successful year defined by a dedicated commitment to supporting local communities through strategic partnerships, volunteering, and fundraising.

The Financial Conduct Authority (FCA) has imposed fines totalling £371,700 on two former finance directors of Carillion plc for their roles in the construction giant's collapse. Richard Adam and Zafar Khan were sanctioned for knowingly issuing misleading statements regarding the company’

A new soft play featuring a three-storey climbing frame will open its doors in Bathgate next month thanks £80,000 funding package from HSBC UK.

Legal firm DWF has appointed Gary Georgeson as a director in its real estate team in Edinburgh, marking another step in its continued investment and growth across Scotland. Mr Georgeson brings 20 years' experience in the commercial property sector, advising on all aspects of real estate matters with

Edinburgh Innovations, the commercialisation service for the University of Edinburgh, has appointed Dr John Cassidy and Gary McRae as non-executive directors to its board. The recruitment of these industry veterans aims to support the organisation’s growth and ambition, building upon a success

Independent quarry business Hillhouse Group has appointed Alistair Borthwick as the organisation’s new chief executive officer. Alistair Borthwick will join the family-run business from global air-traffic control organisation NATS, where he served as chief financial officer, bringing extensive

The Scottish National Investment Bank has appointed David Ritchie as its new chief executive officer (CEO). Mr Ritchie is currently chief strategy officer of the bank and was a founding member of the team that designed and launched the organisation in November 2020. He replaces Al Denholm, who has s

US billionaire Mark Zuckerberg has reportedly gifted noise-cancelling headphones to his neighbours in Palo Alto in an attempt to quell discontent over his expanding residential compound. Over the past 14 years, the Meta CEO has spent upwards of $110 million (c. £82m) acquiring at least 11 prop

Sir Andy Murray’s five-star Cromlix Hotel has returned to profitability following two consecutive years of losses. Located near the former Wimbledon champion’s hometown of Dunblane, the luxury establishment posted a profit of £193,379 for the financial year ending 31 March 2025. Th

The administration of the Stewart Milne Group (SMG) and its subsidiaries has been extended for a further 12 months following approval from the Court of Session in Edinburgh. Administrators Teneo requested the extension to 7 January 2027 to allow sufficient time to progress all outstanding matters, m

Investment in Scottish commercial property proved highly resilient last year, closing in on the £2 billion mark despite 12 months of uncertainty, according Knight Frank.

Bayne’s the Family Bakers recorded a profit before tax of £3.4 million for the year ended 31 March 2025, maintaining financial stability despite significant inflationary pressures. This steady performance underpins a newly announced strategic roadmap, which will see the company invest &p

Cardo Group has completed the acquisition of Paisley roofing business Faskin Group. Founded in 2010 by Frank and Karen O’Hara, Faskin Group has over 50 years of combined experience. Faskin’s approach has earned a strong reputation for excellence, long-standing client relationships, and s

Five Business Improvement Districts have added their voices to that of the Scottish Retail Consortium in calling on Scottish Government and MSPs to introduce a permanent business rate discount for all retail, hospitality, and leisure premises. The joint plea comes ahead of the unveiling of the Scott

Deloitte’s latest survey of UK Chief Financial Officers (CFOs) shows that 59% of the UK’s largest businesses have become more optimistic over the past 12 months on the potential for AI to boost the performance of their own organisation – up from 39% when last measured in the third