News

Scotland's private sector showed tentative signs of recovery in January, according to the Royal Bank of Scotland Growth Tracker. The index, which measures combined manufacturing and service sector output, rose to 49.6 from 46.9 in December. While still indicating contraction, the softer decline was

Virgin Money has launched a bespoke training programme for all its 4,000 customer-facing colleagues to equip them with the skills to support and talk to customers about their money worries and mental health, as research reveals four out of five UK adults (80%) feel more worried about their finances

ESG360°, a sustainability-focused fintech firm headquartered in London, has revealed plans to expand its Glasgow office after securing a £1 million grant from Scottish Enterprise (SE). The company, which provides businesses with the tools and insights needed to navigate the complexities of

Gillies and Mackay Ltd, a Perth-based manufacturer of premium timber buildings, has announced the launch of its employee profit share scheme. This initiative reflects the company's commitment to recognising and rewarding the dedication of its team members, ensuring they share in the success they hel

Dains Group, which recently acquired Glasgow-Based Consilium Chartered Accoutants, has formed a new partnership with Xero, the global small business platform providing cloud-based accounting solutions. For years, Dains has utilised Xero to deliver reliable and efficient cloud-based accounting servic

Macdonald Henderson has announced the appointments of Jennifer Love as associate director (litigation) and Tomas Simpson as associate director (conveyancing). Ms Love joins from CMS and has extensive knowledge in civil & commercial litigation and insolvency related work. She has regularly appear

CMS is holding a free event later this month designed to help companies comply with new UK anti-fraud legislation. The Economic Crime and Corporate Transparency Act (ECCTA) aims to reduce fraud and economic crime in the UK. A section of the Act, which comes into effect in September, will further ext

Inverclyde Council has appointed an interim chief financial officer. Angela Edmiston, who is currently a finance manager with the council, will take over on a temporary basis from long-serving chief financial officer Alan Puckrin when he retires in April 2025.

SBP Accountants & Business Advisers, which has offices in Aberdeen, Peterhead, Fraserburgh and Banff, has appointed Peter Manson as audit manager. He will assist with the growth and development of North-east accountancy firm's audit team, enhancing SBP’s service offerings following a succe

Aberdeen’s Energy Transition Zone (ETZ) accounted for 35% of the city’s take-up from industrial occupiers last year, rejuvenating the city’s southside and helping to deliver the third best year of the last decade.

Scotland's high-end property market has demonstrated resilience in 2024, with sales of homes exceeding £1 million increasing despite political and tax hurdles, according to Savills. The market recorded a total of 466 residential transactions, up from 454 in 2023. This growth is driven by stron

Nearly a quarter of a million Danes have backed a call for Denmark to purchase California from the US. The joke online petition is a response to Donald Trump's repeated – and rebuffed – demands to purchase Greenland from Denmark.

Lloyds Banking Group has put thousands of IT jobs under review as it seeks to modernise its digital banking services and compete with fintech rivals. The bank informed around 6,000 tech and engineering staff that their roles are at risk of redundancy, but will increase by 1,200, City AM reports.

VAT & Indirect Tax Advisors (VITA) has announced the arrival of associate director Tony Cochrane to bolster its VAT advisory offering. This takes the VITA team to seven, cementing its position of being the largest independent firm of VAT & Indirect Tax advisors in Scotland.

The North Sea’s transient workforce could be lost for good unless pace is picked up on the renewable energy transition, an accounting and business advisory specialist has warned. Mark Brown, partner at MHA, believes 2025 is pivotal in terms of seeing real momentum gained.