News

Barclays' profits surged by a third in the second quarter, buoyed by a strong performance from its trading division that offset weakness in other areas of its investment bank. The banking group reported a net profit of £1.7 billion for the three months to June, a 34% increase from the same per

New legislation aims to make it easier for Americans to finance tiny homes.

STV Group has issued a profit warning, citing a "further deterioration" in both the television advertising and production commissioning markets. The Scottish broadcaster and producer announced that its full-year group revenue is now expected to be between £165 million and £180m, with an

The Scottish Government is exploring a new support package for the bus manufacturer Alexander Dennis in a bid to save 400 jobs at its Falkirk and Larbert sites.

Aberdeen-based energy services firm Wood Group and Dubai consultancy Sidara are nearing a takeover agreement, prompting a further extension of the offer deadline to 25 August.

The British Business Bank has reached the landmark milestone of £2.5bn of lending under its Growth Guarantee Scheme, with £127 million committed through 766 loans to small businesses in Scotland. Overall, 69% of lending has been delivered to businesses outside London and the South East &

With Scotland’s peak summer golfing season in full swing – and a global spotlight cast by flagship events like the Genesis Scottish Open in July – one of the Highlands’ most iconic courses is enjoying a record-breaking moment of its own.

The Scottish family-owned drinks group, William Grant & Sons, has reported a near one-third drop in profits for the 2024 financial year. The distiller, renowned for brands like Glenfiddich and Hendrick's Gin, posted a pre-tax profit of £388 million, a 30% decrease from the previous year.

Liam Coleman has been appointed interim chair of the Financial Ombudsman Service, effective from 10 October 2025. Mr Coleman has over 30 years’ extensive financial services, public sector and board experience. He was formerly chief executive officer of The Co-operative Bank, deputy group treas

A top-flight Scottish football club is appealing a demand from HM Revenue and Customs (HMRC) to repay £1.27 million claimed under a research and development (R&D) tax credit scheme, partly for player salaries. Dundee United claimed the tax relief based on a report from its consultant, ZLX,

The Albert Hotel, a long-standing hotel in Orkney, has undergone an extension following a significant funding injection from Royal Bank of Scotland. Established over two decades ago, the Kirkwall hotel has become a cornerstone for both leisure and business travel in the region. The new funding has e

AAB has appointed Mark Lappin as its new head of tax, a move designed to strengthen the firm’s market-leading tax services across the UK and internationally. Based in London, Mr Lappin brings more than 25 years of experience in tax advisory and commercial leadership, including senior roles at

The Institute of Chartered Accountants of Scotland (ICAS) has expressed its concern at the news the UK government is no longer planning to bring forward the already delayed and long promised audit reform and corporate governance bill in the current Parliamentary session, despite a draft bill ap

The number of Scottish firms in "significant" financial distress has risen sharply, according to new data from Begbies Traynor, as the economy continues to face global instability and domestic pressures. Providing a quarterly snapshot of the UK's corporate health, the business rescue and recovery sp

Johnston Carmichael Wealth has appointed Leigh Townsley as a Chartered Financial Planner in its Glasgow office. Ms Townsley brings over 25 years of experience in financial services, including 18 years as a qualified financial planner. In her new role based in Glasgow, she will support Johnston Carmi