News

A development site with planning permission for more than 60 homes in a Renfrewshire village has been acquired by Scottish businessmen Sandy and James Easdale. Balrossie, in the village of Kilmacolm, has been purchased by the family for an undisclosed sum.

The Financial Reporting Council (FRC) has updated its guidance for actuaries using artificial intelligence and machine learning (AI/ML). The revised guidance helps actuaries apply the principles of Technical Actuarial Standard 100 (TAS 100) when using these techniques, ensuring the continued product

The Competition & Markets Authority (CMA) has closed its investigation into Barratt Development’s acquisition of Redrow, paving the way for the £2.5 billion merger.

Culture & Business Scotland (C&BS) has named five projects which will benefit from the C&BS Fund, which aims to foster innovative collaborations between the business community and Scotland's vibrant culture sector. This round of Scottish Government-backed funding will support five distin

Up to 45 young Scots are set to benefit from a series of financial education programmes delivered by UK charity MyBnk following a donation from SafeDeposits Scotland.

Staff at Scottish Friendly in Glasgow have taken part in the 'Boycott Your Bed' challenge to raise funds for Action for Children.

Indignant chicken owners crashed a new online portal for registering their animals after signing up roast chickens and ready meals in protest. New rules require chicken owners in England and Wales to register any chickens they have which are kept outdoors, with penalties of up to six months' impriso

Legal & General has welcomed two new tenants to its bespoke 140 West George Street office development in Glasgow city centre.

Alternative finance lender Reward Funding provided a Prestwick-based restaurant owner with £1.14 million to complete the transformation of a new four-star boutique hotel and unlock business growth opportunities within the area’s lucrative golf tourism industry. The funding solution

Glasgow-based specialist workforce optimisation software provider Corporate Modelling Services Ltd (CMS) has secured £750,000 in equity funding from the Investment Fund for Scotland (IFS), managed by Maven Capital Partners and delivered by the British Business Bank. CMS helps clients to transf

Scotland-headquartered professional services firm AAB has acquired Bolton-based Barlow Andrews and its sister entity Beech Business Services. Established for over 100 years and currently employing 70 people, Barlow Andrews and Beech Business Services collectively provide audit & accounts, tax, p

PwC UK has begun a major restructuring, creating a stand-alone technology and AI unit and reorganising several practice areas. The changes impact approximately 2,700 staff and partners, roughly a tenth of PwC's UK workforce. The changes, led by UK managing partner Laura Hinton, aim to simplify the b

Advice Direct Scotland has launched a new free advice service to assist individuals and businesses with their tax affairs and provide an alternative to calling HMRC. The service, called taxadvice.scot, can be reached online or by by phone, with specialist advisers ready to help both individuals

Private equity and infrastructure investment manager Foresight Group has sold its holding in Substantive Research to pan-European stock exchange and market infrastructure provider Euronext. Substantive, with offices in London and Edinburgh, is a FinTech providing in-depth product and pricing compari

Dundee-based JTC, a leading manufacturer of kitchens, bedrooms, and bathrooms, has announced its highest profits in over a decade. JTC saw a significant rise in sales from £25.1 million in 2022 to £29.3m in 2023, with pre-tax profits reaching £1.4m. This success comes after a chall