News

PwC has warned that nearly 30,000 businesses across the UK are set to fail next year, marking the highest corporate insolvency levels since 2004. The Big Four firm predicts a 15% surge in insolvencies over the next 12 months, with small businesses, particularly in catering and hotels, facing the gre

Scottish exports to the EU fell by up to 25% two years after Brexit as trade with the rest of the UK rose, according to new figures from the Scottish Government.

A couple have recovered $3,550 (around £2,800) after their dog ate $4,000 (around £3,150) in cash.

Burges Salmon has advised LIND Limited, a pioneer in alternative battery storage systems, on the £900,000 seed investment it secured from Green Angel Ventures, Scottish Enterprise and the University of Strathclyde. The funding will help drive LIND’s innovation efforts and support the com

Harper Macleod has reported profit before members’ remuneration and profit shares of £11.95 million for the year to March 31, 2023 – a slight drop on the £12.8m recorded for the previous period. Turnover at the firm rose to £33.05m from £31.4m.

Archangels invested more than £13.8 million during 2023 in eleven of Scotland’s best early-stage tech and life science companies. The total investment for 2023 among 11 businesses represents a small increase on Archangels’ investment activity in 2022 (£13.4m).

Ice-cream brand Mackie’s of Scotland has recorded an impressive 15% increase in turnover, for the financial year ending May, 2023 from £17.7 million to £20.8m, but this was not translated into increased profits, which stayed static at £1.1m as the family-owned business absorb

Scottish jeweller and watch seller Laings has hailed a 5% increase in turnover to £63.3 million for the year ended 31 May 2023. However, the firm's pre-tax profits dropped slightly to £3.7m from £5.45m.

A partnership between the UK government, Glasgow City Council, and the Smart Things Accelerator Centre (STAC), including significant government investment, has been launched with the aim of transforming Glasgow into Europe’s largest smart things and IoT innovation hub. The partnership will cen

Property firm Rettie & Co is forecasting Scottish house prices to rise by around 1.5% in 2024, with overall residential property transaction activity increasing to approximately 4.3 per cent. Rettie sees continued pressure on the private rental sector (PRS), with double-digit increases in averag

Business confidence in Scotland fell ten points during December to 31%, according to the latest Business Barometer from Bank of Scotland Commercial Banking.

Dozens of school pupils are taking legal action accusing their school of ending a key exam 90 seconds early. The lawsuit filed by at least 39 students in South Korean capital Seoul seeks damages of 20 million won each (around £12,000), the BBC reports.

Edinburgh-based fashion designer Eilidh Gibson, a Glasgow School of Art graduate, has successfully launched her first collection, Party Pants, following a significant financial boost from the Start Up Loans programme.

Jet setters bound for Glasgow from Heathrow Airport were given an extra warm Scottish welcome this Christmas, courtesy of a bagpiper who piped them to their departure gate, thanks to Walker’s Shortbread. Lucky passengers who were flying to Glasgow airport this week on 21 December were treated

Holmes Miller Architects has been appointed by Dundee Football Club to begin work on designing a new stadium for the club. The project will see the development of plans for a proposed new, state-of-the-art stadium as part of a mixed-use development at Camperdown, to replace the Club’s current