News

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.

Companies House has taken a step towards greater certainty about who is filing information on behalf of companies.  Today sees the launch of a new service that allows third-party corporate service providers, such as accountants, legal professionals and company formation agents to apply to regis

Wright, Johnston & Mackenzie (WJM) is set to join forces with commercial law firm Davidson Chalmers Stewart in one of the most significant deals in both firms’ history. The move follows investment in WJM from Irwin Mitchell and marks a major step in their strategic plan for growth in Scotl

AAB has announced Derek Mair as the new head of office for its Aberdeen branch, effective 1 April 2025. Mr Mair succeeds Graeme Allan, who will transition to a non-executive director role on the AAB Group board.

Capital Credit Union (CCU) has recorded its highest-ever monthly intake of new members in its 35-year history, thanks to formal partnerships with Scotland’s sporting community and the greener energy supply chain. The Edinburgh-headquartered ethical lender attracted 522 new members in February

Commercial property company HFD has reported a successful first year for its flexible office service, Ospa, securing nearly 100,000 sq ft of lettings. Launched in February 2024, Ospa offers an all-inclusive office solution, eliminating hidden fees typically associated with serviced office spaces, su