News

The 12,000 KPMG staff in Britain who have not been promoted will not benefit from a pay rise this year as the firm tightens its belt in reaction to a fall in demand for its services. Senior partners at the Big Four firm have been informing teams in recent weeks that their pay will be frozen unless t

Fife Business Week 2023 has concluded with a landmark 14th annual event, hosted by InvestFife, Fife Council's Economic Development Services and Business Gateway Fife. In total, Fife Business Week featured a lineup of 20 events, drawing participation from 504 businesses and stakeholders across the re

Whisky firm Gordon & MacPhail has reported a substantial increase in profits and turnover, with significant contributions from the successful sale of an 80-year-old single malt and robust growth in Asian markets.

Clydesdale Bank-owner Virgin Money, headquartered in Glasgow, has revealed a strategic investment of £130 million in artificial intelligence (AI) and new technologies aimed at bolstering its defences against cybercrime and securing the future of the business.

RBS-owner NatWest Group has announced the closure of its prominent RBS branch on Glasgow's Sauchiehall Street, adding to the spate of bank shutdowns throughout the UK, with 18 additional NatWest branches slated to close south of the border.

The day after Thanksgiving is widely known as "Black Friday" for retailers and shoppers across the US, but plumbers said they refer to it as "Brown Friday" because they encounter an influx of sewage and dirty sink water.

Blackadders LLP has completed the purchase of 37 chemist shops for clients across Scotland from Lloyds Pharmacy in deals worth a total of more than £35 million. Lloyds has been carrying out a divestment programme in Scotland this year and 18 Blackadders’ clients have taken the opportunit

Massimo Panarella, the entrepreneur behind Kirkcaldy-based Don Basilico, has successfully garnered a £25,000 loan to purchase a new food truck, enhancing his authentic Italian pizza offering in Fife.

In its latest review for the third quarter Experian reported a notable downturn in M&A activity across Scotland, with deals totalling £4.9 billion in value, marking the fourth consecutive period of decline.  

A Lanarkshire-based photography business, is going from strength from strength following support from Business Gateway. Branding by Zaria helps business owners enhance their brand and tell their story through the power of photography. Dubbing herself a ‘visual storyteller’, Zaria Young o

The board of Glasgow-headquartered protective packaging specialist Macfarlane Group has released a trading update for the period from 1 January to 31 October 2023. Despite facing a 2% revenue drop compared to the same period last year, due to weaker volumes and reduced pricing affecting various

The Chancellor's Autumn Statement of 2023 has been met with a mixed reception from Scottish tax experts, who highlight both positives and concerns in the outlined fiscal plans. Susie Walker, partner and head of tax at Johnston Carmichael, noted that while the 'full expensing' tax break favours large

Sandy and James Easdale have expanded their commercial property holdings with the acquisition of Kingston Industrial Estate in Inverclyde from Peel Waters Limited, the property development arm of Peel Group, for an undisclosed sum. The estate at Port Glasgow is located at Kingston Dock, adjacent to

Glasgow-based Weir Group has acquired SentianAI, a Sweden-based developer of AI solutions that optimise performance in minerals processing for an undisclosed sum.  With this acquisition, Weir is accelerating its technology roadmap and expanding its digital capability to provide enhanced pr

Property development lender Assetz Capital has reappointed Geoff O’Brien as relationship director in Scotland. Mr O’Brien previously worked at Assetz Capital in 2021, also as a relationship director. He rejoins the lender from Together, and brings over 20 years’ experience of busin