News

Scottish private sector firms have shown strong growth in the second quarter, according to the Royal Bank of Scotland's latest PMI survey for April. The Business Activity Index reported a ten-month high of 54.3 in April, a rise from March's 52.9, fuelled by increased customer activity and a consiste

Glasgow-based affordable loans firm, Scotcash, has announced the termination of its lending services, citing a challenging economic, regulatory, and funding environment. The company, supported by Glasgow City Council, Wheatley Homes Glasgow (formerly Glasgow Housing Association), ng homes, Royal Ban

Gold producer Scotgold Resources has concluded its open offer of shares and raised a further £2 million in funding through a fully subscribed open offer of shares and an additional subscription agreement with existing shareholders, Maurice and Nicole Mason.

Land Rover Experience Scotland, based in Dunkeld, Perthshire, has transitioned to an employee-owned business structure, providing its staff with an 83% share in the company via the creation of an employee ownership trust (EOT). This move to employee ownership came after the company sought advice fro

Renowned investor James Anderson, former co-manager of Scottish Mortgage Investment Trust and retired partner of Baillie Gifford, has emerged from retirement to join Lingotto Investment Management, a firm owned by Italy's Agnelli industrial dynasty. In his new role, Mr Anderson will manage his own f

Commercial law firm MacRoberts has strengthened its corporate finance and employment practices with the promotion of two new partners. Bonar Mercer specialises in corporate law, focusing on transactional work including mergers, acquisitions and investments. He advises on transactions across numerous

An Australian family have refused to sell their property despite being offered $50 million (roughly £25m) by developers.

Apollo Global Management has withdrawn its fifth proposal to acquire Aberdeen-based energy services company Wood Group, causing the company's share price to drop to 135p on Monday morning, which equated to a loss of over £500 million in the company's stock market value.

Four legal tech startups have been lined up to present at the inaugural LawtechUK event in Edinburgh on Thursday 18 May.

Armstrong Gardens and Landscapes, an Edinburgh-based garden design and build specialist, has bounced back from the pandemic to report a record turnover of more than £1 million. The firm’s latest set of financial results to the year end 30 July 2022, shows a turnover of £1.2m, more

It has been announced that Dr Poonam Malik, head of investments at the University of Strathclyde will co-chair the New Deal for Business Group alongside wellbeing economy secretary Neil Gray. Involving businesses at an early stage of policy development will be one of the key aims of the group establ

Johnston Carmichael has strengthened its specialist tax team with the appointment of Amanda Collinson as international tax director. Ms Collinson joins Johnston Carmichael from a listed US group where she was EMEA tax manager. Having started her career at a Big 4 firm, where she worked in both Londo

During Mental Health Awareness Week (15-21 May) new data has shown that almost two thirds (61%) of mid-market business leaders say the uncertain economic climate is negatively affecting their stress levels and mental wellbeing. Grant Thornton UK’s bi-monthly Business Outlook Tracker research,

Each cohort of international students living in Dundee’s two parliamentary constituencies generates £275 million for the UK economy, according to a new report published today. ‘The benefits and costs of international higher education students to the UK economy’ estimated the

New research has revealed that artificial intelligence (AI) will be instrumental not only in enhancing the efficacy of accountants as strategic business partners to their clients, but also in sustaining small businesses, according to Intuit QuickBooks. The study found that almost nine in ten (86%) a