News

The UK economy experienced an unexpected contraction of 0.1% in May, according to official figures from the Office for National Statistics (ONS). This fall in gross domestic product (GDP) occurred despite a temporary pause in US tariffs, defying economists' forecasts of 0.1% growth.

Lindsays has renewed its support for DARE Academy, the UK's flagship video game development competition at Abertay University. For an eighth consecutive year, lawyers from the firm will assist innovative games creators by sharing advice regarding the legalities of the games industry and offering tip

Callum Carmichael and Michelle Elliot of FRP Advisory, together with Shona Campbell of Henderson Loggie LLP, have been appointed administrators of Greenfold Systems Ltd, a specialist manufacturing business based in Dunfermline, on 10 July 2025. The company operated from premises at Pitreavie Busines

A shoe shop has suffered the theft of more than 50 right shoes. Police in Queensland, Australia have appealed for witnesses after a man nicked the 53 shoes – just half of 106 pairs – from a shopping centre on Monday.

As the fierce competition for emerging talent in the financial sector has intensifies, Goldman Sachs has reportedly implemented a new policy requiring its junior investment banking analysts to affirm their commitment to the firm every quarter. The strategy follows a similar robust stance from JPMorg

Dains Group has appointed David Silver as group chair. Mr Silver brings more than two decades of investment banking experience, most recently serving as Head of European Investment Banking at a US investment bank for nine years.

Specialist bridging lender ScotLend has increased its AVM lending limit from 70% to 75% LTV on residential security, following a new £20 million funding facility from Shawbrook. The updated threshold gives brokers more flexibility on fast-moving or complex cases. It enables ScotLend to make qu

Johnston Carmichael has launched a new podcast series that puts leadership in the spotlight, offering honest, thoughtful conversations with a variety of leaders. Titled ‘Who’s Steering This Thing?’, the series is hosted by Martin Osler, partner and chief people officer, and Jude Le

John Graham Holdings Limited, holding company of construction firm GRAHAM, has announced a successful financial year, marked by a significant 71% increase in profit before tax to £25.2 million, up from £14.8m, for the year ending 31 March 2025. This strong performance came despite a mode

The Financial Reporting Council (FRC) has launched an investigation into Deloitte and Azets over their audits of the collapsed fintech company, Stenn. The probe follows the company's fall into administration in December after lenders raised concerns about potentially suspicious transactions.

Springfield Properties accounts assistant, Courtney McBain, has achieved joint fourth position in the world for her Management Case Study module as part of her Chartered Institute of Management Accounts (CIMA) qualification. A key employer in Moray and the Highlands, Springfield is committed to supp

The British Business Bank has announced a new £400 million Investor Pathways Capital initiative which will support diverse and emerging fund managers across the economy and make it easier for new entrants, particularly those from underrepresented groups, to break into venture capital. The init

DVCP, a UK-based professional services firm founded by two Scots, has been acquired by the global change and transformation consultancy, CubeMatch. CubeMatch, which serves a number of blue-chip clients in the banking and financial services industry, has secured an initial shareholding in DVCP, with

Enquiries from prospective house buyers in Scotland accelerated at the quickest rate seen in nearly four years last month, according to the latest Royal Institution of Chartered Surveyors (RICS) residential market survey.

The headline Royal Bank of Scotland Growth Tracker – a seasonally adjusted index that measures the month-on-month change in the combined output of the region’s manufacturing and service sectors – rose to 50.9 from 50.5 in May. This marked a second consecutive monthly rise in busine