News

Nearly half of consumers (49%) in Scotland say they have cut non-essential spend in the first quarter of the year, according to new research from KPMG.

Concerns are mounting that Edinburgh will not be able to accommodate performers and visitors to its world-leading festivals this summer due to the impact of short-term let regulations.

The UK's gross domestic product (GDP) rose by 0.1% in February, with the manufacturing and services sectors posting higher output, offsetting a significant decline in construction activity.

The Student Loans Company (SLC) has opened its new Glasgow headquarters this week, with Baroness Barran MBE, minister for the school system and student finance, officially inaugurating the building. The Baroness was joined by SLC colleagues and representatives from the design and construct

DITT Construction Ltd, a Shetland-based construction company, has transferred its entire shareholding to an employee ownership trust (EOT).

The US audit regulator, the Public Company Accounting Oversight Board (PCAOB), has fined KPMG Netherlands a record $25 million (around £20m) after it found that hundreds of the firm's staff, including senior partners and managers, cheated on professional exams.

The Financial Conduct Authority (FCA) has outlined plans to give UK asset managers greater freedom in how they pay for investment research, with the aim to promote competition and facilitate cross-border access to research.

AIM-listed Glasgow cloud services company iomart Group has issued a trading update suggesting a solid set of full-year financial results for the year ended 31 March 2024. This update comes ahead of full year results on 11 June 2024. For the year, the group expects to report revenue growth of 10% to

John Lawrie Metals, headquartered in Aberdeen, has posted pretax profits of £2.4 million, a significant increase from the £9.7m loss reported the previous year.

Aberdeen-based pipeline engineering specialist STATS Group, a wholly owned subsidiary of Mitsui & Co, has announced that chief executive officer Leigh Howarth is stepping down in a planned leadership transition and will assume a non-executive director role with the company. Stephen Rawlinson, ST

SBP Accountants & Business Advisers has promoted Mark Rhynas and Jamie Smith to directors as the firm marks managing partner John Hannah's 25 years of dedicated service. The North-East firm, which has offices in Aberdeen, Peterhead, Fraserburgh and Banff has made of 11 company-wide pro

The appointment of Scottish Enterprise’s interim chair Willie Mackie has been extended for him to continue in the role until 31 December 2024. This will ensure continuity while a further appointment round is run for a chair to succeed Lord Smith, who stood down in July 2022. The job descriptio

Cairn Group, estate agency and letting firm serving Scotland's central belt, from Edinburgh to Glasgow, has undergone a significant management restructure. The changes see Paul Shields, who has been Finance Director at Cairn for 17 years, and long-serving sales and investment director Jenn

A rare collection of Barbie dolls is set to go up for auction.

The number of homes coming onto the market for sale in Scotland increased at its strongest rate in three-and-a-half years in March according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey.