News

Cryptocurrencies will be regulated similarly to traditional financial products under new legislation set to come into force in 2027. The Treasury is currently drafting rules that will bring the sector under the strict oversight of the Financial Conduct Authority (FCA).

The UK’s accounting regulator, the Financial Reporting Council (FRC), has opened an investigation into EY regarding its 2024 audit of energy giant Shell. This marks the third instance this year that the Big Four firm has been targeted regarding potentially unauthorised auditors signing off on

Aberdeen Investments has agreed to acquire the management of closed-end fund (CEF) assets totalling £1.5 billion from MFS. The deal reinforces Aberdeen’s position as the fifth-largest CEF manager globally, raising its managed assets in the sector to over £21.4bn.

Katie McLachlan of Middlebrooks Business Recovery and Advice has been formally appointed as liquidator for the Kirkcaldy-based accountancy firm, Fife Business Services Limited. The director, Catherine Maciocia, made the difficult decision to close the business on 26 November 2025, resulting in the r

Scotland’s marine economy has generated £5.6 billion in approximate gross value added (aGVA) in 2023, according to the Scottish Government. Representing 3% of the total Scottish economy, the sector supports 75,900 jobs.

Aberdeen-based RenQuip, a manufacturer of hydraulic and mechanical equipment, has marked a transformative year following the successful completion of a full management buyout (MBO). The transition has placed managing director Marc Gerrard and technical director John Morgan firmly at the helm, steeri

A Dumfries and Galloway photographer has expanded her business after receiving support from Business Gateway. Ellen Boyd launched her solo photography business, Ellen Boyd Photography, in June 2024. She began by specialising in family, newborn and maternity shoots and in 2025 she expanded to include

In a first for the Scotch whisky industry, a new trial is exploring whether advanced robotics could help identify small but potentially expensive ethanol leaks in warehouses.

First-time buyers and the self-employed could get a step-up onto the housing ladder, under new plans from the FCA. Its priorities for reforms to the mortgage market also include helping homeowners unlock housing wealth for a more comfortable later life.

According to the RSM Hotels Tracker, the Scottish hotel sector recorded substantial year-on-year growth in both occupancy and revenue per available room (RevPAR) in October, successfully converting higher revenue into greater profit, despite rising operational costs. The data, which is compiled and

Dog Consultancy, a Glasgow-based digital marketing agency known for working with blue-chip brands, has fallen into liquidation. On 21 November, Duncan Raggett and David McGinness of AAB were appointed as joint provisional liquidators following a court petition.

FinTech Scotland is aiming to help address the growing link between people’s financial situation and their health in later life with the launch of a new initiative that will accelerate innovation through the development of new research, technologies, and services. 

Barrington Exchange, a global foreign exchange management and financial services firm headquartered in Glasgow, has expanded its portfolio to tackle cashflow management. Recognising that long payment cycles, often ranging from 30 to 90 days, were hampering growth in sectors such as manufacturing, wh

Archaeologists in northeastern France have discovered a massive hoard of Roman coinage that served as a household "piggy bank" 1,700 years ago.

A new Invest Highland prospectus designed to stimulate and promote investment opportunities and demonstrate the benefits of doing business in the Highlands is set to be launched by The Highland Council. Aimed at attracting businesses, investors, and developers to the region, the new prospectus highl