News

Motherwell-headquartered Accountants Plus has hired seasoned professional Mark Mulholland, a specialist in charities and agricultural businesses across Scotland, as a partner. The Lanarkshire firm, formed as a one-man operation by senior partner Bryan Wood in 2001, now has an annual turnover just sh

The AA has been fined £4.2 million and ordered to repay £760,000 to customers after the competition regulator found its driving schools engaged in “drip pricing”. The Competition and Markets Authority concluded that more than 80,000 learner drivers booking lessons through AA

Gilson Gray has opened a new office at 14 Rutland Square, joining its existing city centre locations at 6, 25 and 29 Rutland Square. The firm has reported strong financial results, with turnover rising from £32 million in FY2023-24 to £40m in FY2024-25 and FY2025-26 previously forecast t

Glasgow City Council is owed nearly £89 million in unpaid business rates, a figure that has grown sharply in recent years. The figures, obtained through a Freedom of Information request by The Herald, show the council has billed £1.4 billion in non-domestic rates, or business rates, acro

A second month of employment growth offered some positivity during a modest month of business activity in March in Scotland. Despite increased staffing costs, businesses across all sectors reported an upshift in recruitment as Q1 2026 came to an end.

A San Francisco-based shoe brand has announced a dramatic pivot away from footwear into artificial intelligence, sending its shares surging by more than 580% in a single day. Allbirds, which was once favoured by the likes of Barack Obama and Ben Affleck, has struck a $50 million (c. £37m) deal

VINCI Energies has acquired Irvine-based telecoms infrastructure services firm Novo Technologies Ltd, for an undisclosed sum. Established in 2016, Novo Technologies is an independent provider of end-to-end telecoms infrastructure solutions for both carriers and enterprise clients, delivering mobile

The Bank of England could deliver two interest rate cuts before the end of the year, but only if a resolution to the conflict in Iran and the reopening of the Strait of Hormuz materialises within weeks, according to Peel Hunt's chief economist Kallum Pickering. Mr Pickering described current market

A pioneering Scottish dairy has secured a major London distribution deal as demand grows for less processed alternatives to raw milk.

The United Kingdom faces the steepest economic hit from the Iran war among the world's advanced economies, according to the International Monetary Fund's (IMF) latest World Economic Outlook. The IMF has revised its forecast for UK growth this year down to 0.8%, from the 1.3% predicted in January bef

Automotive retailer Vertu has expanded its relationship with Chinese car brand Geely Auto with the opening of a second dealership within Glasgow. Geely Glasgow Central will operate from Vertu’s iconic site on Port Dundas Road, recognisable to tens of thousands of motorists who pass by the deal

Barratt Redrow has reported a “solid” third quarter, with resilient private reservation rates and a strengthened forward‑sales position helping the housebuilder stay on track to meet full‑year expectations.

Rising costs, late payment problems and concerns over supply chain resilience are creating a gloomy outlook for the UK’s vital small and medium sized enterprises. That is according to the latest ACCA and IMA Global Economic Conditions Survey (GECS), which shows UK SME confidence is stuck near

Print Scotland, the trade association representing the country’s print, packaging and graphics sector, has announced the addition of 22 new associate members, bringing total membership to 64 organisations. The latest additions include major corporate names such as Bank of Scotland, Kodak Limit

Manchester-based waste manager Papilo has expanded its reach with the acquisition of REKK Recycling, a Scottish company based in Uddingston. REKK provides total waste management solutions to clients in the food production, manufacturing and industrial sectors across Scotland and England. Its founder