News

Amidst anticipations of a rise following an upturn in petrol prices and a hike in alcohol duties in August, the Consumer Price Index (CPI) inflation has surprisingly decreased to 6.7%. This unexpected downturn was accentuated by significant reductions in core and services inflation, hinting that the

The minister for local government, empowerment and planning, Joe Fitzpatrick MSP, unveiled a series of appointments to the Accounts Commission for Scotland, the public body entrusted with overseeing the performance and expenditure of local councils, joint boards, and integration joint boards across

Glasgow-based fashion retailer Quiz has issued a warning regarding its deteriorating income, signalling potential losses for the upcoming financial year.

Aberdeen's Forrest Training, a training provider specialising in first aid, mental health, and social care, has reported a staggering 65% increase in monthly sales. The significant growth came on the back of expert advice and support from Business Gateway.

C&C Group, the owner of Tennent’s Lager, has reported an upswing in its business activities despite facing a financial setback due to an IT system upgrade mishap, which incurred a €25 million (around £21.65m) cost.

Cancer Research UK has announced that it will award up to £123 million over a seven-year funding commitment to Glasgow's Beatson Institute for Cancer Research.

Chartered surveyors firm DM Hall has added to its leadership team with the appointment of Andrew Healy as its latest financial director. Mr Healy, previously in charge of finances at the Scottish Rugby Union for a decade and most recently with the Law Society of Scotland, is set to succeed Alan Patr

Scotland-based rocket firm, Orbex, has announced it will feature at the UK Space Agency’s ‘Space for Everyone’ event in Glasgow's George Square on the 21 to 22 September. Orbex previously attended the Space for Everyone event in Aberdeen in August, and due to a high level of intere

Shane Corstorphine, the founder of Scaling Up Consulting and ex-executive of Scottish unicorn company Skyscanner, will be a keynote speaker addressing Invest2Scale 2023 being held later this year in Edinburgh. Mr Corstorphine set up his consultancy business, which provides coaching for CEOs of rapid

A Danish artist has been ordered by a Copenhagen court to return 492,549 kroner (around £58,000) to the Kunsten Museum in Aalborg after he delivered two blank canvases. Originally, the museum commissioned artist Jens Haaning to embed banknotes into two pieces of art for a project titled "

Highlands and Islands Enterprise (HIE), in partnership with Shetland Islands Council (SIC), has the extension of the Shetland business start-up grant scheme until 31 March 2025. Grants of up to £4,000 for up to 100% of eligible costs are available for successful applicants including individual

Accountants and financial professionals have shown optimism about the role of digital technology, including artificial intelligence (AI), in transforming their industry, according to the ACCA's (Association of Chartered Certified Accountants) Digital Horizons report.

Rising interest rates and high costs have pushed many Scottish businesses to review their spending, freeze pay increases and restructure their operations, in a bid to manage their finances, according to new research from Grant Thornton UK LLP’s Business Outlook Tracker. The survey of 51 S

Aberdeen-based Global Wind Projects (GWP) is set to expand its operations after successfully completing the first of three contracts in Ireland, collectively valued at around £8.6 million. Owned by Highland entrepreneur Roy MacGregor, the company is a division of Global Port Services and was e

Edinburgh-based water retailer Business Stream has announced substantial savings for its customers, amounting to nearly £32 million for the 2022/23 financial year. A significant portion of this was realised through more than £15m in discounts. Water efficiency initiatives led to £1