News

House prices in Scotland continued to rise in March 2023, but at the slowest rate since June 2020, according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey.

The latest data from the Royal Bank of Scotland Report on Jobs survey signalled a fall in permanent staff placements across Scotland for the second consecutive month in March.

Rising inflation is putting pressure on over-50s life insurance customers to carry on paying their monthly premiums, research has revealed.

Chancellor Jeremy Hunt's attempts to boost the UK economy have fallen short, as the IMF predicts a 0.3% contraction in 2023, leaving the UK near the bottom of the global league table.

Despite a decline in profits due to increased energy costs, iomart Group has said it expects to report record revenues of £115 million in its June full-year financial results. In its latest trading update, the Scottish cloud computing firm estimated adjusted EBITDA to be at £36.2m, and a

EY has abandoned its current plans to split its audit and consulting businesses, codenamed Project Everest, following months of internal conflict and opposition from US executives.

Chartered Accountant Richard Patterson has this month celebrated a full year back with his old firm, Robb Ferguson. Returning as a director in the firm where he was a partner for five years between 2002 and 2007, Mr Patterson, 55, has assisted the partners in achieving a range of business wins for t

A man who made more than £1 million selling fake vinyl records was caught after a discerning fan of The Clash complained about the poor quality of an LP. Trading standards officers investigated Richard Hutter and found he had been selling thousands of counterfeit records over a six-year period

Ocean Kinetics, a Scottish engineering firm celebrating its 30th anniversary this year, has secured several new contracts and plans to recruit apprentices, trainees, and skilled tradespeople in 2023. With offices in Lerwick, Aberdeen and Oban, the company provides engineering services to the marine,

Thorntons has announced the return of its Dundee charity event, Sports Challenge Dinner, after a three-year break. Over the past six years, £200,000 has been raised for children’s charities across Scotland and organisers hope to generate a further £50,000 this year.

Housing Growth Partnership and PfP Capital have announced a £390 million joint venture (JV) which will see 400 sustainable new homes built at a former Diageo distillery in Glasgow.

Pensions and financial services consultancy Hymans Robertson, which has offices in Edinburgh, Glasgow, London, and Birmingham, has made several senior appointments, including promotions to equity member and partner level. New equity members based in Scotland include Karen Fraser, commercial dir

Bankruptcy papers have revealed that FTX's accounting standards were so lax that employees submitted business expenses and invoices via Slack, where they were rubber-stamped by a flurry of emojis.

EQ Accountants has supported Surface Heating Systems Ltd (SHS) with a vendor-initiated management buyout (VIMBO), allowing the owners to release some value from their business and put a robust succession plan in place. Founded in 1997 by directors Mick & Helen Cummings and Andrea Blyth, SHS

A Scottish agritech firm specialising in the next generation of green insecticides has secured a further round of investment totalling £4 million to scale up the development of its nature-inspired pesticides. Investment in SOLASTA Bio's pre-Series A funding round was led by Yield Lab Europe. O