News

Wemyss Family Spirits has unveiled four new bonded warehouses at its Kingsbarns Distillery in Glenrothes, significantly boosting its whisky storage capacity to support future growth. This multi-million-pound investment, part of the company's ongoing expansion, will allow the family-owned spirits pro

Some of the biggest names from Scotland's business community have united in a plea to the UK government, urging immediate support for the Acorn Carbon Capture and Storage (CCS) project in Aberdeenshire

Balfour and Manson is moving into Glasgow to complete its triangle of offices in Scotland’s three largest cities. The firm will be based in George Square, in the heart of Glasgow, from 1 April, adding to its HQ in Frederick Street, Edinburgh, and its fast-growing office in Albyn Terrace, Aberd

The Financial Reporting Council (FRC) has launched the public beta of its Digital Reporting Viewer, a new tool designed to improve free access to structured company reporting data. The Viewer enables users to easily view and analyse Inline eXtensible Business Reporting Language (iXBRL) files, displa

New car registrations in the UK fell by 1% year-on-year in February, according to the Society of Motor Manufacturers and Traders (SMMT), with 84,054 vehicles registered. Year-to-date figures also show a 1.9% decrease compared to the same period in 2024, with 227,762 registrations.

Edinburgh-based Wearable tech startup UNA Watch has secured over £300,000 from SFC Capital. This investment will fuel the development of UNA Watch's innovative, repairable modular GPS sports watch, designed to challenge industry giants like Apple and Garmin.

Highland Spring Group, producer of natural source waters, has secured £50 million in funding from Bank of Scotland and Barclays.

A Shanghai HR manager has been jailed for over ten years after defrauding his company of millions by creating fake employees. The fraudster, identified as Yang, worked for a technology firm where he exploited his control over hiring and payroll to invent 22 non-existent staff members, funneling thei

Family-owned pharmacy chain M&D Green Group has acquired nine Scotland-located community pharmacies from Northern Ireland-based N.R. Gordon Ltd. Azets and Blackadders LLP advised M&D Green on the multi-million pound deal, which sees its network increase to 42 pharmacies across Scotland and n

A cryptocurrency project connected to US President Donald Trump has reportedly generated at least $350 million (c. £271m) in revenue for its creators. The memecoin project, associated with the tradable Official TRUMP ($TRUMP) token, has accrued $314m (c. £243m) from token sales and $36m

More than two thirds (68%) of Scottish employers expect costs to rise due to measures in the Employment Rights Bill, with over a fifth (22%) likely to make redundancies as a result, according to research. The Chartered Institute of Personnel and Development (CIPD) is calling on the UK governmen

The countdown is on until entries close for The Private Business Awards 2025, sponsored by BDO. There are just two weeks to go before nominations close on 21 March 2025, with all UK registered private or PE-backed businesses with a turnover of £50m-£300m eligible to enter.

The Financial Conduct Authority (FCA) has set out steps it will take to improve access to mortgages.  The FCA is reminding lenders of flexibility in its rules, which can help more people access a mortgage. This forms part of the work, announced in January in a letter to the Prime Minister, to r

Following a 1.0% increase in January, Scottish retail footfall experienced a 0.3% decline in February compared to the same period in 2024, according to data from the Scottish Retail Consortium (SRC) and Sensormatic Solutions.

Real estate advisor Savills has made 26 promotions across its Scottish business. Effective from 1 March 2025, the promotions will see seven people move up to director level, five become associate directors and 14 taking on the role of associate.