News

Jen McCormick has been appointed as a partner at Ashurst. One of 20 new partners, Ms McCormick, who is based in Glasgow, is the regional head of the firm's advance solutions practice for EMEA and the US. She is a finance lawyer by background with experience in banking, restructuring and insolvency.

SME property lending specialist Assetz Capital has provided a £1.94 million funding package for a new industrial estate in the Cairngorms. The funding will facilitate the creation of high-quality light industrial units that address a growing demand in one of Scotland’s most popular touri

Financial distress among Scottish businesses rose significantly in the first quarter of 2025 compared to the previous year, though figures showed a slight improvement from the end of 2024, according Begbies Traynor. The Red Flag Alert data for Q1 2025, which provides a quarterly snapshot of the UK's

A man who paid £20,000 for a replacement car discovered he had inadvertently repurchased his own stolen vehicle. Ewan Valentine, 36, from Solihull, had his black Honda Civic Type-R stolen from his drive in February.

Inheritance Tax (IHT) receipts reached a record £8.2 billion in the 2024-25 tax year, up from £7.5bn previously, HMRC has revealed.

Former senior executives from EY and PwC are launching a new UK advisory firm, Unity Advisory, backed by up to $300 million (c. £225m) from private equity group Warburg Pincus.

The Cumberland Building Society has announced that chief executive officer Des Moore will step aside from his role in summer 2026, after eight successful years with the organisation. Mr Moore was appointed in 2018 when The Cumberland was in need of a new strategic direction. With a strong appetite f

Professional services advisory firm Hutcheon Mearns targets £10 million in revenue for 2025 as it celebrates its 10th anniversary this month. The firm was established in Aberdeen in April 2015 with a handful of staff and an initial focus on finance recruitment and consultancy services.

Armstrong Watson has promoted Hannah Laidlaw-Keggans CA to senior manager within its Dumfries tax team, recognising the significant contribution she makes to the team and clients she works with.

Scottish Building Society has more than doubled in size from just five years ago, as its total assets have surged to £866.5 million. Marking what the society describes as the strongest organic growth among UK building societies, this growth trajectory coincides with the tenure of CEO Paul

Scottish businesses are raising prices and hiring fewer staff in response to growing financial pressures as a result of the increase in employer National Insurance Contributions (NICs), according to the Fraser of Allander Institute at the University of Strathclyde. The latest edition of its quarterl

Venture capital (VC) investment into Scotland’s start-up and scaling businesses reached over £90 million in the opening quarter of 2025, according to the latest KPMG Private Enterprise Venture Pulse report. Twenty-six investments were concluded in the region, highlighting sustained appet

Johnston Carmichael has appointed Rachel Jones, founder of online brand protection specialist SnapDragon, and Elizabeth Pirrie, CEO of AccelerateHER, to its Tech Advisory Board. The pair join a distinguished group of independent experts, who provide strategic guidance to support Johnston Carmichael&

The Financial Conduct Authority (FCA) is proposing streamlining the rules on the types of funds investment firms must hold to absorb losses and maintain financial resilience during periods of stress. The proposals do not change the rules about how much capital firms must hold but focus on simplifyin

Edinburgh has strengthened its position as a leading green financial centre, according to the latest Z/Yen Global Green Finance Index, the leading measure of international green financial centres. While Edinburgh's overall score was lower it has risen one place in the rankings to 18th, as centres ac