News

A total of 14 Scottish entrepreneurs are set to embark on a transformative journey to Austin, Texas, from 6-14 March, as part of the SXSW 2024 Startup Cohort Programme. This exciting opportunity is made possible by the Scottish Ecosystem Fund 2023–24, supported by Scottish Enterprise and The S

Big Four accounting firm EY incurred over $700 million (around £555m) in additional debt on its global operating business due to the failed Project Everest, according to recently filed accounts at Companies House.

An increasing number of financial services (FS) CEOs have shown they will accept reduced profits to support environmentally sustainable investments, as revealed by PwC's 27th annual CEO Survey.

Nucleus Financial Platforms has acquired investment platform and wealth management software provider Third Financial.

Scotland's hotel industry concluded 2023 on a high note, reaching pre-pandemic levels of occupancy for the first time in December, as reported by the RSM Hotels Tracker.

Scotland's listed companies experienced a notable increase in profit warnings during Q4 2023, surpassing the combined warnings of the entire preceding year, as revealed by EY-Parthenon's latest Profit Warnings report. Ten profit warnings were issued in 2023, with six in Q4 alone. The number of Q4 wa

A village in France has voted to ban people from using their smartphones in public. Seine-Port, a village of fewer than 2,000 people around an hour's drive from Paris, backed the measure in a local referendum earlier this month, The Guardian reports.

Real estate services firm JLL has appointed Alistair Reid as the new head of its Glasgow office. Bringing over 17 years of experience with the company to the role, Mr Reid has been a key player in the Glasgow office market and will continue to lead the Glasgow office agency team while servicing clie

Blair Nimmo and Alistair McAlinden from Interpath Advisory have been appointed joint provisional liquidators to J S Crawford Contracts (Borders) Limited. The Melrose-based construction company, operational since 1946 and specialised in residential house building, faced severe financial strain due to

Renovating your house in the spring can breathe new life into your space, making it more functional, and aesthetically pleasing PLUS potentially increasing its market value. Whether you're a homeowner looking to refresh your living space or a landlord aiming to enhance your rental property, careful

First Minister Humza Yousaf has reshuffled his cabinet following the resignations of Elena Whithamin and Michael Matheson. Unleashing Scotland’s renewable potential and building Scotland’s economy will be overseen by a single portfolio headed by Màiri McAllan as cabinet secretary

Emergency Repair, Scotland’s first all-trades national emergency repairs company, is on track to record a turnover of £1 million in its first six months of trading. With 2000 emergency trade specialists and experienced engineers on call across the UK, the firm covers the length and bread

It has been projected that the escalating cost of borrowing could impose a significant refinancing burden of £20-25 billion on UK Plc over the next three years, according to data analysed by EY. The analysis has found that the cost of debt financing has increased, on average, by 3 to 6 pe

HMRC has garnered £1 billion in additional revenue through investigations into underpaid landfill tax over the past five years, with a £281 million collected in the last year alone, according to law firm Pinsent Masons. Landfill tax is imposed on waste disposed of in landfill and is desi

Barclays UK has sealed a deal to acquire Edinburgh-headquartered Tesco Bank's retail banking business for an initial £600 million.