News

The Scottish Retail Consortium (SRC) has welcomed the backing of Scottish Ministers over the reintroduction of tax-free shopping for international visitors, ahead of the Chancellor of the Exchequer’s Budget next month. In response to a written parliamentary question from Michelle Thomson MSP,

Michael Magnay and Rob Croxen of Alvarez & Marsal have been appointed as joint administrators of Motherwell-based TC BioPharm Limited on 2 October 2025 and launched a sale process for the business and assets of the company. TC BioPharm is an early developer of allogeneic Gamma-Delta T-Cell thera

Scotland’s Global Investment Summit has been hailed as a huge success, with at least £10 billion of new spending unveiled alongside plans to turbocharge green energy finance. The event, organised by Scottish Financial Enterprise (SFE) and the City of London Corporation, brought together

The Financial Conduct Authority (FCA) has outlined proposals for an £11 billion compensation scheme for millions of motorists who were unfairly overcharged for car finance between 2007 and 2024. The £11bn total includes admin fees and is on the lower end of the FCA's previously earmarked

The Scottish Professional Football League (SPFL) group has distributed £42 million to clubs, the highest figure in the league’s history, its newly-published annual accounts confirm. The accounts reveal total group distributions are up £4.1m (11%) to £42m from last year’

Scottish businesses have become markedly more pessimistic about the economic outlook, according to research from the University of Strathclyde’s Fraser of Allander Institute. At the same time, the Institute warns that ongoing problems with the reliability of labour market statistics are obscur

A portfolio of seven office buildings in Aberdeen’s Westhill has been sold for £10.8 million, in the latest in a series of commercial property deals in the city.

Dains Accountants has promoted two of its Ayrshire-based staff to director and associate director. Based in Ayrshire and supporting owner-managed and growing SMEs across Scotland, Lorna Logan, who was promoted to director, is ACCA-qualified and works within the firm's accounts & advisory team an

Family-run bottler Gordon & MacPhail is releasing the world’s oldest single malt Scotch whisky, an 85-year-old Glenlivet valued at over £15 million. Distilled in 1940 and matured in a single sherry cask, Cask 336, the spirit was bottled in February 2025.

Business support organisation Elevator UK will develop and manage the services offered by the Manufacturing Innovation Centre Moray. Highlands and Islands Enterprise (HIE) has appointed a specialist operating company to run a new multi-million-pound innovation centre to support manufacturing in Mora

With one month to go until the ICAS Annual Conference in London, former Braun GP owner and F1 industry leader Nick Fry has called for optimism amid the growth of artificial intelligence (AI), arguing that it will transform but not replace accountancy jobs. Fry joins an exceptional line-up of speaker

Port Glasgow-based McLaren Packaging Group, a specialist supplier to the Scotch Whisky industry, is returning as a programme sponsor of the third edition of The Distillers One of One charity auction, set to take place this Friday, 10 October 2025 at Hopetoun House near Edinburgh, in collaboration wi

Tayside Public Transport Company Limited, which trades as Xplore Dundee, has announced a significant rise in turnover and profits in its latest Companies House filing. The company, which is part of Mcgill’s Group, saw its turnover climb to £21.4m for the financial period ending 29 Decemb

Scotland's equity investment market has demonstrated strong resilience during the first half of 2025, with university spinouts proving a key driver of activity, according to new research from the British Business Bank. The bank’s annual Nations and Regions Tracker revealed that in the first si

Aberdeen International Airport is targeting new routes and increased capacity after its pre-tax profits more than doubled to £17.2 million in 2024, up from £6.8m in the previous year. The strong performance was driven by an 8.7% rise in turnover to £56.4m and a 1.7% growth in passe