News

The percentage of Scottish small businesses predicting growth has fallen to a four-year low (29%), according to new figures from Novuna Business Finance.  The current position stands in stark contrast to last summer, which saw a period of stability in Scottish growth outlook.

Scottish retail sales saw a slight increase in March 2025, rising by 0.3% compared to the same period last year, according to the Scottish Retail Consortium. Figures covering the five weeks to 5 April, suggest this modest growth is considered noteworthy given that the comparison month, March 20

Glasgow-based Levy & McRae Solicitors (L&M) has appointed Malcolm Cannon as its new chief operating officer (COO). A former CEO of major Scottish businesses, industry representative bodies and legal businesses, Mr Cannon brings a wealth of experience from both industry and the legal sector t

Bathgate-headquartered CSignum, a provider of wireless technology extending IoT communications beneath the surface, has completed a £6 million Series A funding round. The investment will accelerate growth of its EM-2 family of products which are transforming the way critical wireless sensor da

Sole traders and landlords with qualifying income exceeding £50,000 will face a significant change in tax reporting from next year, with the mandatory implementation of Making Tax Digital (MTD) for Self Assessment. Under the new system, affected individuals must maintain digital records using

A £1.7 million project to help businesses grow in Shetland secured up to £486,956 investment from Highlands and Islands Enterprise (HIE). Whiteness-based building firm, G A Leask Builders has purchased a large warehouse in Lerwick. A project to convert the premises into four units is und

A bus driver with 29 years of service has lost a retirement package worth £63,800 because he stole £5 in passenger fares. The man was sacked by Kyoto City in Japan after he was caught stealing the paltry sum of ¥1,000 in 2022.

Glasgow-based artificial intelligence (AI) specialist FD Intelligence has secured £200,000 in funding from UKSE, a subsidiary of Tata Steel, to accelerate its growth within the financial services sector. Founded in 2021, the Finnieston firm initially offered consultancy before developing its o

Gold prices surged to a new record high on Wednesday, breaking the $3,300 (c. £2,493) per ounce barrier.

The Scottish Government's recent commitment to raise the charity audit income threshold from £500,000 to £1 million marks a significant shift in the regulatory landscape for Scottish charities. This change, set to take effect with the introduction of new Charities Accounts (Scotland) Reg

A new Scottish energy transition hub is set to launch in Abu Dhabi – the centre of the United Arab Emirates' (UAE) energy sector. The hub will support Scottish companies working in the clean energy sector and provide them with direct access to the substantial UAE market.

Edinburgh's Smart Data Foundry has launched the Economic Wellbeing Explorer, a platform offering unprecedented insight into financial hardship across Scotland. Using near real-time data from 5.3 million bank accounts, the Explorer tracks economic resilience and wellbeing at national, regional, and l

Clean technology firm H2CHP has received £800,000 in new funding from TRICAPITAL Angels and Blackfinch Ventures to advance its innovative free-piston engine designed to help decarbonise the shipping sector. This latest investment brings the total raised by the company to nearly £4 millio

PwC has withdrawn from over a dozen countries, severing ties with member firms deemed too small, risky, or unprofitable as the accounting giant seeks to avoid further scandals. Most recently, the Big Four firm ended its relationship with 10 member firms across francophone Africa. This followed discu

The Financial Reporting Council (FRC) has launched an investigation into EY's audits of the Post Office for the financial years 2015 to 2018. The probe stems from the ongoing fallout of the Horizon IT scandal, which saw hundreds of sub-postmasters wrongfully convicted based on faulty software data.