News

The number of companies filing for administration in Scotland has jumped significantly year-on-year, as cost inflation, rising interest rates and sluggish growth continue to bite Scottish businesses. Analysis of notices in The Gazette by Interpath Advisory has revealed that a total of 23 companies b

The EY ITEM Club has more than halved its forecast for UK economic growth in 2024 – from the 1.9% growth expected in April to 0.8% now – in its new Summer Forecast, reflecting higher-for-longer interest rates and stickier inflation. Positively, the economy’s resilience so far this

The UK Treasury has dismissed an all-party parliamentary committee's suggestion to regulate consumer trading of unbacked cryptocurrencies like bitcoin and ether as gambling.

Real estate provider CBRE has raised £1 million for its UK charity partner Macmillan Cancer Support - doubling its initial fundraising target of £500,000. CBRE’s partnership with Macmillan Cancer Support, one of the largest British charities that provides specialist health care, in

Aberdeen-based public transport provider FirstGroup PLC announced that its overall trading performance for the financial year to date aligns with expectations previously outlined in June.

Civil engineering firm Kilmac has reported pre-tax profits of £1.31 million. The Dundee-based company increased its turnover by £6.8m to a record £25.65m in the year ending September, 2022.

Global professional services firm Aon plc has rolled out its inaugural UK Work Insights Programme in Glasgow, aimed at enhancing social mobility and career opportunities for students aged 16 to 17. The programme, a blend of virtual and in-person training, welcomed 13 students from varied socio-econo

Dundee United has appointed James Robertson as club’s new finance director, replacing Derek Bond – who left earlier this year. A chartered accountant and Glasgow Caledonian University graduate with an honours degree in business & management, Mr Robertson, 32, transitions to the new r

Famous singer-songwriter Bob Dylan has placed his Scottish retreat, Aultmore House and Estate, on the market with offers starting at £3 million. Located in Nethy Bridge, within the Cairngorm National Park, the property is being marketed by Knight Frank.

Virgin Money has revealed it will shut six Scottish branches as part of its broader strategy to respond to changes in consumer banking behaviour.

North Lanarkshire has become the top recipient of international investment among Scottish local authorities over the past two years, bolstered by its strong industrial presence and robust property market.

Scotland's property market is showing signs of resilience amidst widespread affordability concerns, according to the latest report from Landmark Information Group.

Fintech firm Ferovinum has sealed a landmark £100 million deal with NatWest and BCI Capital, marking a transformation in capital deployment within the UK wine and spirits industry. This is the first time NatWest has led portfolio funding arrangements for a wine and spirits inventory finance pl

In response to a surge in online financial promotions, often involving illegal activities, the Financial Conduct Authority (FCA) has announced is preparing to bolster its regulations, particularly in the area of social media guidelines.

Battery cell manufacturer AMTE Power has said it is urgently seeking further investment as the company is at risk of administration.