News

Scotland-based integrated forestry business BSW Group has acquired a stake in Bradford-based shed manufacturer Power Sheds, which since launching in 2019 has grown turnover to over £15 million becoming a strong player in the sector. Founded in 1848 in Berwickshire, BSW was acquired by glo

Demand for residential housing in Scotland continues to ease, but the lack of supply is still driving house prices up, according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey. In July, a net balance of respondents reported a decrease in new buyer enquiries;

The last Domino's locations in Italy have now been closed after the country's franchise operator ePizza SpA filed for bankruptcy. The firm operating the brand's Italian operations was forced into insolvency after being unable to recover from the effects of the pandemic. The company initially filed f

The UK’s largest regional airline has thrown its weight behind the Inverness and Cromarty Firth Green Freeport bid and said the Scottish Highlands can provide a “key building block” in the drive to decarbonise the country’s air transport system.

McCrea Financial Services has selected Common Wheel as its nominated charity for the year ahead. The Glasgow-based financial advisory firm recently held its 12th Annual Charity Golf Day, while five staff members also took part in the Glasgow Kiltwalk, which combined has already helped the fundr

Employees at stricken McGill, the Dundee-based contractor, have contacted our sister publication Scottish Construction Now to raise concerns over their pensions - alleging that pension contributions deducted from some employees' wages have not been paid into the designated pension fund and clai

Glasgow’s west end will be home to Scotland’s first specialist 'Pastelaria' bakery after it received a £40,000 loan. The Portuguese-style bakery, 'Pastéis Lisboa', run by entrepreneurial couple Emma Airley and Sebastian Bacewicz, is opening this week on Byres Road.

The British Retail Consortium (BRC) and KPMG released research reporting a 2.3% increase in sales in July (on a total basis), a 1.6% like-for-like basis increase from July 2021. Although there is an increase in sales, volume is down. This is attributed to rising inflation and households cutting back

New research has revealed that over a third of SMEs in Scotland believe debt funding is more widely available to male-owned businesses. The report, Geared for Growth by independent asset manager Boost&Co, showed that 34.6% of Scottish business leaders agreed with the statement that debt funding

The Joint Regulatory Oversight Committee (JROC) has appointed Bryan Zhang as independent chair of the newly set-up strategic working group (SWG). The committee, led by the Financial Conduct Authority (FCA) and Payment Systems Regulator (PSR) and including the CMA and HM Treasury, announced the forma

An Edinburgh-led project to improve career progression for women and minority ethnic workers has received part of £800,000 available in government funding. Social enterprise Adopt an Intern Ltd (AAI EmployAbility) will lead the Diversity Works programme at Edinburgh-based Aegon Asset Managemen

New research has highlighted a growing skills gap in the UK and how it is affecting the accounting profession. The research by Go1, shows that over a quarter (28%) of accountants feel they haven’t been properly trained to do their job and that more a third (35%) of accountants agree that

One Four Nine Group has completed its second Scottish acquisition with the purchase of Aberdeen-based Russell Gibson Financial Management Limited. This move further expands the independent financial advice and fund management firm's footprint into Scotland, following its recent acquisition of APC Fi

A dummy of Frankenstein's monster held at the V&A in London has led to a trans-Atlantic ownership row after a museum in the US called for it to be repatriated. The seven-foot wooden mannequin is based on the actor Boris Karloff, who played the monster in his films in the 1930s and '40s.

NatWest Group has announced that Scott Marcar will join its executive committee as chief information officer from 5 September 2022, subject to regulatory approval. Mr Marcar joins the group from Deutsche Bank where he was CIO. Scott has over 25 years of technology experience having led teams across