News

The Federation of Small Businesses (FSB) has called on East Lothian Council to consider a seasonal Visitor Levy rather than a blanket year-round tax, warning that rushing implementation could damage the region’s status as "Scotland’s Golf Coast". Responding to the council's consultation,

Aberdeen-headquartered John Wood Group plc has appointed Jade Moore as group chief financial officer, effective immediately. She replaces interim CFO Iain Torrens, who moves into the CEO role as part of the acquisition agreement with Sidara.

The Bank of England (BoE) has announced its first major loosening of banking regulations since the 2008 financial crisis, cutting the estimated capital UK lenders must hold. Following successful stress tests, the Financial Policy Committee (FPC) lowered the benchmark for tier one capital – the

Glasgow occupiers are increasingly opting to take ‘let-ready’ office space as they look to minimise the time and resource they spend on moving and fitting out new premises, according to research from Knight Frank.

A karate instructor has successfully pivoted from the dojo to the office, qualifying as a chartered accountant just three years after changing careers. Lewis Scobie, of accountancy and business advisory firm MHA, has become a chartered accountant after successfully passing his ACCA exams.

Responding to a Scottish Affairs Committee report on Scotland's space launch sector, the UK government has committed to setting out its strategic approach to support the sector in 2026. The committee’s report, published in September 2025, warned that Scotland was at risk of losing a “gen

Muckle Media, the first PR agency in Scotland to achieve B Corp status, has been recognised as one of the country’s top 50 fastest-growing businesses. Ranking 40th in Scotland in the UK Fast Growth Index, it stands as the only communications consultancy to make the regional list.

Johnston Carmichael has strengthened its leadership team with four senior promotions in Glasgow. Two new partners and two new directors will now be based in the Glasgow office, with a further four directors promoted across the firm’s wider network.

Kier's chief financial officer Simon Kesterton is stepping down from the group at the end of the year, the firm announced today. As part of the company’s executive team, and an executive director of the Kier Group board, Simon has played a pivotal role in transforming Kier and strengthening it

Digital bank Monzo has unveiled a new scheme to "double the salary" of ten lucky customers every month. The initiative aims to incentivise users to switch their primary salary payments to the app-based bank, as it continues to compete aggressively with traditional high-street lenders.

Property services firm Bellrock has acquired Scotland-based property and construction consultancy Axiom. Axiom will join Bellrock’s consulting division, alongside Summers Inman, JRP, Oakleaf & Nifes and C&P. The business will continue to be led by managing director, Gary Logue, who wil

With the Festive season approaching, hospitality and service industry businesses are being warned that they could face fines and the prospect of an employment tribunal if they do not comply with The Employment (Allocation of Tips) Act 2023. The 2023 Act, which impacts more than two million staff wor

The soaring cost of ingredients has caused profits at Tunnock's to plummet by nearly 80%, despite the Scottish confectionery brand recording increased turnover in the last financial year.

AAB has acquired GS Verde Group, marking its expansion into Wales and the South West, while establishing a platform to build a key regional hub. The GS Verde Group operates as a multi-discipline advisory firm, specialising in guiding businesses through a wide range of corporate transactions includin

A large offshore oil and gas company has been sentenced and fined £560,000 after failing to properly maintain pipework for seven years. Pipework on Shell UK's Brent Charlie platform in the North Sea deteriorated to such an extent that contained hydrocarbon fluids escaped, forming a potentially