News

Lloyds Banking Group has reported a pretax profit of £2.3 billion for Q1 2023, surpassing analyst expectations and marking a significant increase from the £1.5bn in Q1 2022.

Blair Milne, James Fennessey and Robert Young, insolvency practitioners from Azets, have been appointed joint administrators of MHA Auchlochan, the owner and operator of Auchlochan Garden Village retirement complex in Lanarkshire, Scotland. The complex, which includes 235 properties and two care hom

International investment firm TowerBrook Capital Partners has invested an undisclosed amount in Envevo, an EV charging points design and installation firm catering to B2B clients.

Wylie & Bisset, accountants and business advisers, has called for Scottish employers to consider adopting creative employment packages to attract and retain the best candidates in response to a widening gap in personal taxation levels between Scotland and the rest of the UK. Scots earning more t

Social Print and Copy CIC (SP&C), Scottish supplier of copier and print solutions for the third sector, has secured £250,000 in funding from Social Investment Scotland to launch a new training centre in Glasgow. The Edinburgh-based social enterprise aims to create up to 30 jobs in the city

Pension consultancy Isio has welcomed two new senior hires in Scotland to support the growth of its trustee actuarial services and public service consulting teams as the firm continues to expand its offering across its Glasgow and Edinburgh offices. Glasgow-based Kenneth Wilson joins the senior mana

A university is being sued by more than a dozen graduates who wrongly believed their financial planning course was accredited and would allow them to start their professional careers. The 18 graduates of James Cook University in Queensland, Australia are pursuing a class action against their alma ma

Natwest Group has reported a Q1 pretax operating profit of £1.8 billion, significantly surpassing analysts' expectations of £1.6bn and marking a more than 50% increase from the £1.2bn recorded during the same period last year.

Clive Bellingham CA has been appointed as the new president of the Institute of Chartered Accountants of Scotland (ICAS) for 2023/2024. Mr Bellingham, who is also a former member of the PwC Global Board, was confirmed as president at the ICAS AGM on Friday 28 April 2023. He takes over from Indy Sing

Soller Group has secured planning approval for Dundas Square, a 357-apartment development in central Glasgow's Cowcaddens district. Designed by Mosaic Architecture + Design, the project will include studio, one, and two-bedroom apartments, as well as rooftop terraces, coworking spaces, a gym, retail

Accountancy firm Douglas Home & Co has achieved a significant increase in turnover from £200,000 in the 1990s to over £4 million, as the firm celebrates its 40th anniversary. The firm, which was established in 1983 with a small office in Kelso and on Berwick-upon-Tweed’s quaysi

Brodies LLP has announced the appointment of five new partners in its latest round of internal promotions. Oil and gas lawyer, Laura Petrie makes the step up to partner, along with personal and family solicitor, Jessica Flowerdew, corporate and commercial lawyers Grant Strachan and Robert Ross, and

Wright, Johnston & Mackenzie LLP has announced a string of promotions and appointments.

More than half (55%) of Scottish small to medium-sized businesses (SMEs) expect revenues to increase this quarter, when compared to Q1 2023, according to the latest Barclays Business Barometer.

UK outdoor advertising firm 75Media has expanded into Scotland, acquiring 122 new billboard sites, including the M8 tower in Glasgow and the Edinburgh Airport tower. The acquisitions are expected to generate £5 million in revenue. The company's growth is supported by its long-term partnership