News

Scottish fashion brand Islander is set to take its Harris Tweed handbags from the cobbled streets of Edinburgh to the fashion capital of London, creating jobs and building on a sales surge that has pushed turnover into the multi-millions in just three years, supported by Bank of Scotland. The compan

University of Edinburgh spinout Trogenix has secured £70 million in a Series A funding round to advance its innovative cancer therapies into clinical trials. The investment will accelerate the development of treatments for aggressive solid tumours, beginning with glioblastoma, one of the deadl

Deputy First Minister Kate Forbes has visited industrial units in Fife built as part of £35 million Scottish Government investment in a programme which will encourage businesses to innovate and grow. Fife Interchange North in Dunfermline is part of the Industrial Innovation Investment Programm

West Dunbartonshire Council is pressing ahead with its consultation on a Visitor Levy – commonly referred to as a tourist tax – despite what the Association of Scotland’s Self-Caterers (ASSC) says are failures to comply with the statutory guidance, raising serious questions about t

The Scottish Retail Consortium (SRC) has welcomed the backing of Scottish Ministers over the reintroduction of tax-free shopping for international visitors, ahead of the Chancellor of the Exchequer’s Budget next month. In response to a written parliamentary question from Michelle Thomson MSP,

Michael Magnay and Rob Croxen of Alvarez & Marsal have been appointed as joint administrators of Motherwell-based TC BioPharm Limited on 2 October 2025 and launched a sale process for the business and assets of the company. TC BioPharm is an early developer of allogeneic Gamma-Delta T-Cell thera

Scotland’s Global Investment Summit has been hailed as a huge success, with at least £10 billion of new spending unveiled alongside plans to turbocharge green energy finance. The event, organised by Scottish Financial Enterprise (SFE) and the City of London Corporation, brought together

The Financial Conduct Authority (FCA) has outlined proposals for an £11 billion compensation scheme for millions of motorists who were unfairly overcharged for car finance between 2007 and 2024. The £11bn total includes admin fees and is on the lower end of the FCA's previously earmarked

The Scottish Professional Football League (SPFL) group has distributed £42 million to clubs, the highest figure in the league’s history, its newly-published annual accounts confirm. The accounts reveal total group distributions are up £4.1m (11%) to £42m from last year’

Scottish businesses have become markedly more pessimistic about the economic outlook, according to research from the University of Strathclyde’s Fraser of Allander Institute. At the same time, the Institute warns that ongoing problems with the reliability of labour market statistics are obscur

A portfolio of seven office buildings in Aberdeen’s Westhill has been sold for £10.8 million, in the latest in a series of commercial property deals in the city.

Dains Accountants has promoted two of its Ayrshire-based staff to director and associate director. Based in Ayrshire and supporting owner-managed and growing SMEs across Scotland, Lorna Logan, who was promoted to director, is ACCA-qualified and works within the firm's accounts & advisory team an

Family-run bottler Gordon & MacPhail is releasing the world’s oldest single malt Scotch whisky, an 85-year-old Glenlivet valued at over £15 million. Distilled in 1940 and matured in a single sherry cask, Cask 336, the spirit was bottled in February 2025.

Business support organisation Elevator UK will develop and manage the services offered by the Manufacturing Innovation Centre Moray. Highlands and Islands Enterprise (HIE) has appointed a specialist operating company to run a new multi-million-pound innovation centre to support manufacturing in Mora

With one month to go until the ICAS Annual Conference in London, former Braun GP owner and F1 industry leader Nick Fry has called for optimism amid the growth of artificial intelligence (AI), arguing that it will transform but not replace accountancy jobs. Fry joins an exceptional line-up of speaker