News

The Scottish distilling industry is facing a deepening crisis as new data from financial advisory and restructuring firm BTG has revealed that 19% of Scotland’s distilleries are now in financial distress. In Scotland, 69 distillers, and a further 217 across England, Wales and Northern Ireland,

Rising tax and cost pressures forced one quarter (25%) of SME bosses in Scotland to lay off staff last year, according to Rathbones. SME founders, owners and senior executives across Scotland disclosed cost pressures and national insurance contributions are weighing heavily on firms and driving up r

Barclays has reported a 13% increase in annual pre-tax profit to £9.1 billion for 2025, a performance that has fuelled a major hike in executive pay and staff bonuses. The UK bank increased CEO C.S. Venkatakrishnan’s total pay package to £15 million for 2025, up from £11.6m t

An Inverclyde start-up supported by Business Gateway has successfully brought an innovative new product to market, designed to restore dignity and comfort during personal care. L & M Care Solutions, founded by Lorraine Moran, who worked at Inverclyde Council, and Maureen Callan, who has worked i

Aberdeen Investments is advancing the next phase of its refurbishment programme at 151-155 St Vincent Street, an office building in the heart of Glasgow city centre. Following the successful securing of Addleshaw Goddard as a tenant and the unveiling of an enhanced entrance, the Aberdeen Group's foc

The Institute of Chartered Accountants of Scotland (ICAS) and Heriot-Watt University (HWU) have launched a master’s programme, offering a streamlined and globally accessible route to becoming a Chartered Accountant (CA). Delivered by HWU’s award-winning Edinburgh Business School, the MA

Robertson Group has delivered a sharp return to profitability, marking a decisive turnaround after a difficult prior year marked by losses on underperforming contracts. The construction, development and support services group reported a pre‑tax profit of £20.2 million for the year to 30 June

Aberdeen & Grampian Chamber of Commerce (AGCC) has sent a Valentine’s Day card to every MP and MSP, urging politicians to “turn on” the North Sea and end policies that are accelerating job losses, weakening energy security and increasing emissions.

Macau’s Grand Emperor Hotel has dismantled its signature "golden pathway", selling the 79kg of bullion that once lined its lobby floor for approximately $12.8 million (c. £9.6m).

Burges Salmon has advised Alba Trees, the UK’s largest cell-grown tree nursery and a Cibus Fund II portfolio company, on the acquisition of the business and assets of Christies of Fochabers, the long‑established Scottish bare‑root tree nursery. The acquisition secures the core operational

NatWest Group has agreed to acquire wealth manager Evelyn Partners from funds advised by Permira and Warburg Pincus for an enterprise value of £2.7 billion. By integrating Evelyn Partners’ £69bn in assets under management with NatWest’s existing portfolio, the combined entity

Maven Capital Partners has strengthened its Scottish presence with the appointment of Nicola Holloway and Andrew Leslie as portfolio directors. Based in Glasgow, both Ms Holloway and Mr Leslie bring extensive corporate finance expertise to the firm, further enhancing Maven's capacity to support the

Scotland-founded AAB and Kreston Reeves have announced a deal that propels the combined business beyond the £200 million annual revenue threshold. Supported by investment from Goldman Sachs Alternatives, this partnership represents AAB’s largest deal to date and its 18th since 2021. The

Forvis Mazars has welcomed a new partner to its Scottish risk consulting service line with the appointment of Chartered Accountant Elizabeth Young, who joins the firm’s Glasgow office. In this role, Ms Young will establish and grow a dedicated risk assurance practice in the region, with a part

The outlook for both the Scottish and UK economies has improved and looks to remain positive through 2027, according to the Fraser of Allander Institute at the University of Strathclyde. In its latest quarterly Economic Commentary, the Institute forecasts that the Scottish economy will have ended 20