News

The Scottish Government has announced that more than £5 billion is being invested in building a fair, green and growing economy that creates jobs, supports businesses and helps finance Scotland’s public services and the transition to net zero. Despite one of the most difficult financial

Scotland's ambition to become a hub for battery manufacturing have suffered a setback with the announcement that battery cell manufacturer AMTE Power is set to go into administration.

Angus Dundee Distillers, owner of Tomintoul and Glencadam malt distilleries, has embarked on a project to construct a malt whisky distillery and a visitor experience in Chun’an, China. The initiative marks a significant expansion for the distillery, strengthening its foothold in the lucrative

The latest Apple Watch is being pulled from US shelves at the height of Christmas shopping season due to a David v Goliath patent dispute. The move comes after the US International Trade Commission (ITC) ruled in October that Apple infringed on the patents of medtech company Masimo in relation to th

WJM partner Angus MacLeod has been named as an ambassador for Highland Renewables, a new initiative between the tourism and renewables sectors. Highland Renewables aims to create a platform where key stakeholders from tourism and energy can come together, aligning their efforts to dri

The Institute of Chartered Accountants of Scotland (ICAS) has expressed significant concerns about the latest Scottish Budget, labelling it as "short-sighted" and ineffective in fostering long-term economic growth. Bruce Cartwright CA, Chief Executive at ICAS, said: “The Scottish government&rs

Finance Secretary Shona Robison has announced a series of fiscal, including significant changes to Scotland's income tax structure, in yesterday's Scottish Budget. A new 45% tax band will apply to earnings between £75,000 and £125,140, marking a shift towards higher taxation for wealthie

Scotland has emerged as having the UK’s highest proportion of green financial job openings, according to the latest report by PwC in its Green Jobs Barometer series.

Aberdeen-headquartered Acumen Financial Planning has marked its 21st anniversary with reaching a milestone of over £900 million in funds under management across the Financial Planning Group. The year has also seen the firm welcome sixteen new staff members and several internal promotions,

Twenty-two Scottish firms and organisations have returned from an eventful trade mission to Barbados, unlocking numerous business opportunities. The mission, now in its fourth year, underscores the strengthening economic ties between Scotland and Barbados, bolstered by a 43% increase in trade betwee

CBRE has forecast a nascent economic recovery in the latter half of 2024, with a more robust rebound expected in 2025, according to its UK Real Estate Market Outlook 2024. This optimistic outlook is bolstered by the Bank of England's anticipated interest rate cuts in the second half of 2024, wh

Scotland's housing market exhibited a complex trend in October 2023, distinguished by a modest annual increase in average house prices, juxtaposed with a monthly decrease and a significant decline in residential sales volumes.

Scottish startup community group Foras has announced a new trip to showcase innovative Scotland-based businesses in the US. The group has opened applications for a funded cohort programme to Austin in March 2024 to coincide with the renowned South by Southwest (SXSW) conference.

Piramal Pharma Solutions (PPS), a contract development and manufacturing organization (CDMO) and part of Piramal Pharma Ltd. (PPL), inaugurated its expanded antibody-drug conjugate (ADC) manufacturing facility in Grangemouth. The event saw notable attendees like Adrian Gillespie, chief executive of

Inverness-based Highland Timber Construction has entered liquidation after failing to recover from the financial strain caused by the covid pandemic and a subsequent inability to secure new contracts.