News

Two of Scotland’s machinery rings,  Laurencekirk-based Ringlink (Scotland) Ltd and Inverness-based Highland Business Services Ltd (HBS), have announced their intention to merge, forming a single cooperative with a combined membership of over 4,000 and an annual turnover of £100 mil

Scotland's financial services sector attracted a decade-high number of foreign direct investment (FDI) projects in 2024, positioning it as the top UK location outside of London. According to figures from the forthcoming EY Scotland Attractiveness Survey 2025, Scotland secured 11 projects, an increas

A world-first Glasgow SME-led business support programme, Wilson’s Foundry, celebrated the achievements of its first cohort at a showcase attended by Andrew Bailey, Governor of the Bank of England. Wilson’s Foundry brings together three established Glasgow City Innovation District (GCID)

Scottish business activity saw a modest return to growth in May, marking the first increase in six months, according to the latest Royal Bank of Scotland (RBS) Growth Tracker. The index, which measures combined output from the manufacturing and service sectors, rose to 50.5 from 47.4 in April, signa

Scottish accountancy firm Wbg has been reappointed to the Department for Education’s (DfE) Funding Assurance framework for a further three years following a successful re-tender process. The firm remains the sole independent Scottish accountancy practice to be awarded slots on the framework &n

A construction worker from Leeds has bagged a new house and a Mercedes as part of a competition prize bundle worth nearly £850,000.

Aberdein Considine’s Banking Litigation and Debt Recovery Team has been shortlisted for Legal Team of the Year at the Credit Awards next month. The team, which acts for major UK banks and financial institutions, will contest the award at a prestigious ceremony being held during Credit Week at

Cardo Group has signed an agreement to take over the operations of Livingston-based SERS Energy Solutions Group Limited and SERS Energy Solutions (Scotland) Limited across England, Wales, and Scotland. The integration of SERS into Cardo Group will enhance in-house service delivery capabilities, ensu

A commercial diver training company in Argyll is exploring the potential to expand the business to include closed bell diver training.

Regulators across the globe, led by the Financial Conduct Authority (FCA), have joined forces to protect social media users from illegal financial promotions by rogue finfluencers.

The Financial Conduct Authority (FCA) is proposing to lift the ban on offering crypto exchange traded notes (cETNs) to retail investors, with similar products already available in other countries.

The internal audit team at Wbg has secured seven new clients in the first quarter of 2025 and retained a further five following competitive re-tenders, generating a recurring fee income of over £285,000. The team’s expanded public sector client portfolio includes contract wins for N

Scottish home improvement specialist CR Smith has created 40 new jobs following a significant increase in local authority contracts aimed at bringing the nation’s social housing into line with the latest sustainability standards. The Fife-based company, which specialises in the manufacture, de

Wheatley Group has successfully retained its A+ credit rating with a stable outlook following its annual review by credit rating agency S&P Global.

Capital Credit Union (CCU) has reported unprecedented growth in its loan book, driven by a surge in member demand for energy-efficient home improvements across Scotland. CCU introduced its green loan in April 2024, and while initial uptake was modest at £90,000, the initiative has since achiev