News

The Edinburgh Boiler Company (EBC) has announced a record turnover of £7.2 million for the financial year ending 31 March 2025, a 60% increase from the previous year's £4.6m. This strong performance is largely attributed to the company's strategic expansion into the renewable energy sect

The Artisanal Spirits Company, owner of The Scotch Malt Whisky Society (SMWS), Single Cask Nation, and J.G. Thomson, announced a positive trading update at its AGM. The company has achieved double-digit revenue growth in the first four months of the year, leading to improved year-on-year profitabili

Edinburgh Napier University will host the inaugural Scottish Blockchain Summit on 24 June.

Self-employed people and landlords in Scotland are being urged to act now to avoid a last-minute scramble when major changes to the tax system come into force next year. Tens of thousands of Scots are expected to be among 780,000 people across the UK who must switch to Making Tax Digital for Income

A major new dedicated Scottish green finance initiative has been launched with the aim of unlocking up to £40 billion a year of investment into green projects across Scotland. Transition Finance Scotland (TFS), in partnership with the Green Finance Institute (GFI), will mobilise private capita

In the wake of high-profile cyberattacks on Marks and Spencer and Co-op, accountancy firm Wbg has highlighted the importance of SIEM (security information and event management) solutions as part of a robust third-party SOC (security operations centre). Kevin McDermott, senior IT auditor in Wbg&rsquo

Financial distress amongst Scottish Football League clubs has escalated by two-thirds year-on-year, with significant pressure concentrated on lower league teams, according to the latest Begbies Traynor Football Distress Survey. The six-monthly Football Distress Survey (as of 31 March), conducted by

The CBI is bringing together business in a new working group to support the Scottish and UK governments on their missions to build the infrastructure Scotland needs to deliver long-term sustainable growth.  With planning a key part of the recent Programme for Government and the continued progre

Accountancy and business advisory firm BDO LLP has signed a 10-year lease for 8,176 sq ft of office space at 30 Semple Street, Edinburgh, signalling a significant commitment to the city. The firm will move from its current Citypoint base on Haymarket Terrace in Autumn of this year.

The Edinburgh International Conference Centre (EICC) has posted a record profit of £2.1 million for the year ending 31 December 2024, alongside record revenue of £16.0m, a £3.2m increase from £12.8m in 2023. The venue also generated an impressive economic impact of £78m

UK government borrowing unexpectedly rose to £20.2 billion in April, the first month of the new tax year, according to figures from the Office for National Statistics (ONS). This figure is an increase from the £19.1bn shortfall recorded in April 2024 and surpassed economists' forecasts o

Scottish councils are grappling with a significant financial squeeze as mounting pressures from inflation, rising costs, and escalating demand for services outstrip additional investment from the Scottish Government, according to Audit Scotland. In 2025/26 councils received over £15 billion in

Discount giant Pepco is actively exploring the sale of its struggling Poundland retail chain for "effectively a pound" due to the substantial costs associated with its turnaround under new ownership, with an exit anticipated before the end of its financial year in September 2025.

Clark Contracts has had a record start to 2025, having secured £75 million of new orders.

A bold new £500 million vision to strengthen a major Scottish location for innovation, High Value Manufacturing, business space and green growth in Glasgow will be unveiled today with plans for business space, hotels and hundreds of homes delivering a coherent and cohesive proposition to &lsq