News

Scotland's property market is experiencing a severe slump in the number of first-time buyers as a result of soaring interest rates since December 2021, with nearly £900 million less being borrowed by Scots aspiring to own homes.

The UK’s first vertical distillery in Leith has revealed first-look images of the finished interior ahead of opening to the public next month. More than a decade since the ‘pipe dream’ idea was first conceived by wine merchant Ian Stirling and finance director Paddy Fletcher over a

Scotland has emerged as the UK’s most productive manufacturing region, with manufacturing output per hour being 19% higher than the UK average, according to new analysis by PwC UK. The new findings come as part of PwC’s Industrial, Manufacturing and Services Productivity Tracker, which a

The Scotch Whisky Association (SWA) has reported a rebound in visitor numbers to Scotch Whisky visitor centres across Scotland, reaching over 2 million in 2022, marking a recovery to pre-pandemic levels.

Scottish business advisory firm, EQ Accountants LLP, has elevated Greg Stapley as a responsible individual (RI) within EQ Audit Services. EQ Audit Services was created to reflect the increased demand for audit expertise in the last few years. The firm’s attention is focused on using the audit

Audit, tax, and consulting firm RSM has expanded its operations in Scotland by onboarding a record 57 new trainees, marking a 16% increase compared to the previous year. The new recruits will be spread across the Edinburgh, Glasgow, Aberdeen and Lerwick offices. The majority of Scotland’s trai

Blair Nimmo and Geoff Jacobs of Interpath Advisory have been appointed as joint administrators of Dundee-based Logie Glazing and Building Services Limited.

Circularity Scotland has accounted for £4.5 million of the Scottish National Investment Bank's £17.8m unrealised loss, according to the bank's latest full year accounts. Just a little over two years since its inception, the bank has significantly influenced the Scottish economy by commit

Following Deloitte's recent announcement to cut approximately 800 jobs, concerns have intensified about the sector's prospects.

Edinburgh-based retail cooperative Scotmid has disclosed the upcoming retirement of its longstanding chief executive, John Brodie, next year, coinciding with the announcement of a trading profits rise to £1.5 million, an increase of £400,000, for the 26 weeks concluding at the end of Jul

Lloyds Banking Group has announced the closure of 35 more branches, confirming the termination of face-to-face services in a total of 155 sites by the end of 2023 and an additional 75 in 2024, impacting several areas including Scotland.

Complete Weed Control, a Scottish specialist in weed control, ground maintenance, and tree management, has reported stellar growth, posting record sales of £2.75 million up to 31 May, a substantial increase from £2m the previous year. The company, now based in a newly-acquired headquarte

KPMG UK invited young people into its offices throughout September as part of its new initiative 'Opening Doors to Opportunity'.

A lawyer who defrauded clients of almost £2 million after falling for a lottery scam has been jailed for four years. Scammers convinced Norwich solicitor Hugh Lansdell, 74, that he had won a postcode lottery in Spain but needed to hand over increasing amounts of cash to access his winnings.

Legal firm Gilson Gray has enriched its energy division and corporate team with the appointment of Doug Barrie as an energy and oil and gas consultant. Mr Barrie has over 30 years’ experience in the oil and gas industry, working in private practice and as in-house general counsel for