News

Wetrooms International Group, a bathroom supplies business with a £20 million turnover, has marked its 20th anniversary by transitioning to employee ownership. The Rutherglen-headquartered company, founded by brothers Brian and Bill Crombie, operates the Ceiling2Floor network of stores and Wet

A social entrepreneurial centre in Glasgow’s Possilpark area has been given the green light for development through a successful application for Scottish Government funding. The Regeneration Capital Grant Fund (RCGF) was announced as part of the 2024 Scottish Budget set out by Finance Secretar

A sleepless night turned into a cause for celebration for a Canadian construction worker after he discovered a lottery ticket had made him CA$100,000 (c. £54,000) richer. Ontario resident Bradley Rosehart is overjoyed after winning the jackpot in the Megadice Lotto draw on the 9 of April 2025.

A new report from Robert Gordon University (RGU) has cautioned that the UK faces the loss of tens of thousands of offshore energy jobs by 2030 unless immediate and coordinated action is taken.

Scottish garden centre chain Klondyke Group achieved a 5.2% rise in turnover to £78 million in the financial year ending 30 September.

Organised criminals have accessed the records of approximately 100,000 taxpayers, leading to an estimated £47 million loss for HM Revenue and Customs (HMRC). The breach, which occurred last year, was not a direct cyber attack on HMRC's systems but rather the result of multiple sophisticated ph

Major accountancy firms are vying to establish a new generation of audits designed to verify the effectiveness and safety of artificial intelligence systems. Deloitte, EY, and PwC have confirmed they are developing AI assurance services, aiming to leverage their established reputations in financial

Caledonian Leisure, operator of Caledonian Travel and UKBreakaways, has acquired the 63-bedroom Dreadnought Hotel in Callander, famously known as the Gateway to the Highlands.

The Scottish Government is facing criticism of an inconsistent policy regarding state funding for defence companies, as Scottish Enterprise, the government's enterprise agency, refuses to provide £2.5 million in funding for a proposed Rolls-Royce welding skills centre in the Glasgow area. A Sc

The average selling price of property across Edinburgh, the Lothians, Fife and the Borders during March-May 2025 was £283,335, 3.6% higher than the same time last year. The most expensive region to buy a property was Edinburgh, with an average price of £301,077, while the most affordable

International events firm Humanitix, an Australian ticketing platform renowned for its "good, not greed" philosophy, has selected Edinburgh for its UK base. The company, which dedicates 100% of its booking fee profits to charitable causes, has already donated over £8.5 million globally.

An auction of quirky items to help raise money for the restoration of Parnham House in Dorset exceeded expectations by raising double the estimated amount. 

Adopting electronic invoicing should be voluntary for both UK businesses and the public sector, according to leading global accountancy body ACCA (the Association of Chartered Certified Accountants). Responding to a HMRC consultation – Electronic invoicing: promoting e-invoicing across UK busi

Broughty Ferry furniture retailer Gillies has reported another "difficult" trading year, with both sales and pre-tax profits declining by over £1 million. For the year ending 31 August 2024, sales fell to £23.3m from £24.6m the previous year, while pre-tax profits dropped significa

Digital bank OakNorth has provided a £7.5m revolving credit facility (RCF) to Aberdeenshire-based livestock feed manufacturer Harbro.