News

PwC's global firms have reported a record revenue of $53.1 billion (around £43.5bn) in the financial year ending 30 June 2023, marking a 9.9% growth in local currency. This achievement comes despite the exclusion of the Russian firm from the network and the sale of the global mobility and immi

Scottish oatcake producer Nairn's has appointed a new managing director, Colin Dingwall, and a new marketing director, Kevin Butterworth. Mr Dingwall is currently Nairn’s finance director and is stepping up to the top job in May 2024. Previously, he was director of finance and investor relatio

Law firm Burges Salmon, which has a major office in Edinburgh, has reported an 8% increase in turnover to £128.2 million in the latest financial year. In the financial year ending 30 April 2023, the firm also saw a dip in profit per equity partner (PEP) from £517,000 to £466,000 as

Alba Bank, founded by Scottish entrepreneur Jim McColl, has partnered with ClearBank, the enabler of real-time clearing and embedded banking, to manage payments for its customers. Alba Bank will be leveraging ClearBank and Mambu's partnership to offer near real-time payments to its customer base and

Risk control and assurance software and services provider STC INSISO has appointed five professionals in its commercial and technology innovation departments, underscoring its global expansion focus. Three new recruits have been added to the commercial team with Euan Henderson joining as busine

The UK government's potential reduction in stamp duty has sparked calls for similar cuts in Scotland, where the current land and buildings transaction tax (LBTT) imposes higher costs on homebuyers, particularly first-timers and those purchasing properties over £325,000. Estate and letting agen

High interest rates are preventing investment in the Scottish economy, according to the latest Scottish Chambers of Commerce Quarterly Economic Indicator. Concern over interest rates has seen a significant increase over the quarter, rising from 37% of firms in the last quarter to half of firms, whic

A slice of Queen Victoria's wedding cake has sold at auction for £700.

Scotland's largest independent electronics contract manufacturer, CB Technology, has delivered a 36% increase in turnover for 2022-23, taking its revenues to £14.3 million. CB Technology’s revenues have increased 500% since the successful management buy-in backed by Maven Capital Partner

Half of Scotland experienced house price increases in Scotland throughout August whilst half saw prices drop, according to the latest House Price Index from Walker Fraser Steele.

Perthshire-based Simon Howie Butchers has seen its pre-tax profits rise to more than £4.4 million despite a “staggering” rise in energy bills. According to the latest accounts filed for the company sales and profits both rose, with turnover reaching £24.1m for the year to Dec

A business support initiative, designed to boost the adoption of cyber-secure Internet of Things (IoT) technologies among SMEs, has secured additional funding to reach more companies from across a range of sectors vital to the Scottish economy. IoT Secure – led by IoT experts at CENSIS, Scotla

Shakespeare Martineau has built on its Scots law offering with the appointment of dispute resolution partner Fiona Pask in Edinburgh. Bringing with her more than 17 years of litigation experience, Ms Pask will be heading up the dispute resolution team and developing the firm’s litigation pract

UK retail sales dropped by 0.9% in September following a rise of 0.4% in August, according to the latest figures published by the Office for National Statistics (ONS).

abrdn Asia Focus plc, a company that holds a fundamental, high conviction portfolio of well-researched Asian small caps, has confirmed its annual results for the year ended 31 July 2023, revealing a 7.6% rise in Net Asset Value (total return). This is compared to the company’s benchmark return