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Smaller businesses could disproportionately bear the brunt of the economic challenges looming in Scotland, according to a licensed insolvency practitioner.   Michael Reid, partner at MHA in Aberdeen, said the upcoming increases in National Insurance and minimum wage, as well as footfall issues,

A report into options for Grangemouth has been hailed “a significant milestone” in the overall project to secure the future success of the site. Scottish Enterprise has welcomed the publication of the Project Willow report on potential future opportunities for the Grangemouth site and la

Project Harmless, an Edinburgh-based eco start up, has expanded into new markets with the launch of its cosmetics range, Harmless Apothecary. The business was started with finance from the Start Up Loans programme, run by the British Business Bank.

A new economic forecast by EY has predicted slower gross value added (GVA) growth for Scotland compared to other UK regions over the next three years.

Firms occupying larger premises in Scotland are set to pay £54.7 million more than their equivalent-sized counterparts down south in the coming year, from 1 April. The figures have prompted the Scottish Retail Consortium (SRC) to reiterate its call for rates parity with England and for the int

Building tender prices in Scotland rose by 0.9% in Q1 2025 compared with Q4 2024, according to a panel of cost consultants involved in multiple construction tenders. The Scottish Tender Price Assessment Panel, which was established by the Building Cost Information Service (BCIS) to help measure the

The Land Reform (Scotland) Bill will inflict "an era of wanton damage" on rural Scotland unless the Scottish government accepts that key changes should be made to it, according to Scottish Land & Estates (SLE). The rural business organisation said today that the bill as it stands is unworka

People struggling with council tax arrears will have access to "enhanced advice" through the expansion of a Citizens Advice Scotland project. Backed by an additional £2.2 million in Scottish government funding, the project provides tailored support to affected households and works with local a

Business founders, investors and advisers from across Scotland gathered together at the latest No Diversity, No Deal event last night to demystify the scale-up process for female entrepreneurs.

Staff costs in Scotland’s hotel sector jumped in January, hitting profits even before April’s rise in employers’ National Insurance contributions (NICs) and National Minimum Wage (NMW), meaning pressures are only set to intensify, according to the RSM Hotels Tracker. The data, whic

Three people have been convicted in England in connection with the theft of a solid gold toilet worth nearly £5 million. The 18-carat lavatory was one of a series created by Italian artist Maurizio Cattelan and titled America.

Scotland witnessed a 10% increase in company insolvencies in February 2025 compared to the same month in 2024, with 103 businesses entering insolvency. This figure comprised 60 Creditors' Voluntary Liquidations (CVLs), 38 compulsory liquidations, and five administrations. There were no Company Volun

Civil servants are facing a widespread freeze of their government procurement cards this week, as the Cabinet Office seeks to cut wasteful spending. Almost all of the 20,000 cards will be suspended, requiring holders to reapply and justify their necessity or face cancellation.   

Global investors have significantly increased their allocation to UK stocks, reaching the highest level since June 2021, according to Bank of America’s (BofA) latest Global Fund Manager Survey.

Beeks Financial Cloud Group has announced a 22% increase in revenue, rising from £12.96 million to £15.79m for the six months ending 31 December 2024. This growth coincides with a significant new contract win with US cryptocurrency exchange Kraken.