News

Elgin-based Ava Innes, a luxury bedding company, has been awarded £140,000 in prize money after winning both the Scottish Edge Award (£65,000) and the STV Growth Edge Award (£75,000). Founded by Joan Johnston, the company has developed a unique, patented duvet utilising a blend of

Edinburgh-based The Carbon Removers have signed a breakthrough deal to sequester 50 000 tonnes of CO2 permanently in a depleted oil field, 1,800 metres below the North Sea seabed. This is part of Greensand Future, the EU’s first operational CO2 storage facility intended to mitigate climate cha

Highlands and Islands Enterprise (HIE) has announced a key leadership change for its Orkney team. Ruth Kirkpatrick, a native Orcadian with extensive experience within the organisation, will step up as the new area team leader on 3 January.

A new survey by HSBC reveals that Scottish residents are prioritising travel this Christmas and New Year, with 18% planning a festive getaway. The study, which polled over 2,000 UK adults, also highlights a growing trend in gifting travel and experiences, particularly amongst younger Scots.

Principal contractor Procast Group has secured a significant £55 million contract renewal with North Lanarkshire Council to deliver roof and render improvements across the region over the next five years.

The administration of Stewart Milne Group (SMG) and its subsidiaries has been extended by a further 12 months, until 8 January 2026. The Court of Session in Edinburgh approved the extension, requested by administrators Teneo, to allow for the sale of remaining assets and the conclusion of employment

Burges Salmon, which has an office in Edinburgh, has completed around 80 corporate and M&A transactions since January 2024, totalling in excess of £3 billion in deal value. Some of the corporate and M&A team’s most notable transactions this year included AOTI’s £140 m

With the year ahead ripe with opportunity, the Scottish real estate market is slated for strong growth in 2025, according to the latest quarterly review from Lismore Real Estate Advisors. Q4 saw £406 million traded, up 6% on Q4 2023. Whilst volumes in Q4 are 4% below the five year average, the

Over the course of 2024, Scottish Financial News published over 240 articles in our popular And Finally section – sharing offbeat and weird finance and business news stories from around the world. But which were the most popular? Read on to find our most-read And Finallys of 2024.

The Artisanal Spirits Company (ASC), owner of The Scotch Malt Whisky Society (SMWS) and Single Cask Nation (SCN), is on track to achieve a £1 million EBITDA for FY24, representing a significant improvement on the previous year, according to its latest trading update. This success is attributed

A small, Inverclyde printing company which has carved a niche for itself with specialist work has strengthened its executive team with the appointment of a prominent Scottish business figure as a non-executive director. Port Glasgow-based Love & Humphries, which bills itself as The Clever Printi

Richard Gardiner of Thomson Cooper Accountants has been appointed liquidator of Heritage Park Estates Limited, the company operating Bendochy Park in Blairgowrie. This follows a dispute with residents who were ordered to vacate their lodges by December 2026.

The Bank of England's (BoE) Monetary Policy Committee (MPC) has voted to hold interest rates at 4.75%, following a slight uptick in inflation in November. The decision aligns with economists' predictions, as November's inflation figures rose to 2.6%, up from 2.3% in October.

KPMG has posted a 5.4% rise in global revenues to $38.4 billion (c. £30.5bn), outpacing its Big Four rivals in terms of revenue growth in the past year. The performance was driven by gains in audit, tax, and advisory services. Despite a slowdown in technology and M&A activity, KPMG's

Having recovered a record £160 million in compensation for clients last year, Digby Brown Solicitors has reported revenue increasing by 15% to £46.7m and a 22% increase in profit to £21.9m. Accounts for 2023/24 show the firm helped people after high-profile incidents including the