News

The Governor of the Bank of England, Andrew Bailey, has warned that Brexit will have a negative impact on the UK economy for the "foreseeable future". Speaking in Washington DC, Mr Bailey stated that while he took no political position on the UK's departure from the EU, the resulting trade restricti

Fourteen people have been convicted and sentenced for their part in exploiting over 3,500 victims in a more than £28 million investment fraud, making it one of the largest crimes of this kind in the UK.

Wbg has promoted Shehzad Ashaq from associate partner to partner in its tax team. Mr Ashaq, who previously won the Rising Star in Business category at the Scottish Asian & Business Awards, has a broad range of experience in corporate and personal tax and specialises in tax planning and complianc

KPMG UK has appointed Jo Thomson as its new Edinburgh Office Senior Partner, where she will lead a team of over 400 people at the firm’s Saltire Court base. Alongside leading the Edinburgh office, Ms Thomson has also been appointed as public sector lead for Scotland. In this role, she will bri

A city in Catalonia has outright banned the adoption of black cats in the run-up to Halloween over fears they could be used in satanic rituals. The move was announced last week by the city council of Terrassa, a city of nearly 230,000 people in the vicinity of Barcelona.

Begbies Traynor has added 34 years of Scottish insolvency experience to its team in Glasgow with the appointment of George Lafferty as director. Mr Lafferty joins the professional services firm from another Glasgow insolvency firm, where he was insolvency director. He has previously held senior posi

Gold surged past £3,200 an ounce on early Friday morning, reaching a new record high of £3,257.80 and heading for its largest weekly gain since the 2008 financial crisis. The precious metal is on track for an approximate 8% rise this week, fuelled by a potent combination of geopolitical

Luss Distillery, a new multi-million-pound distillery and visitor experience centre by Loch Lomond Group, is officially open.

Company insolvencies in Scotland saw a sharp increase in September 2025, rising 41% compared to the same month last year. Official figures show 103 companies became insolvent. This total was comprised of 50 creditors’ voluntary liquidations (CVLs), 48 compulsory liquidations, and five administ

Scottish retail sales saw a modest increase of 1.3% in September compared to the same period last year, marking the third consecutive month of growth.

Law firm CMS will host a free-to-attend event later this month focused on key issues affecting renewable energy projects across Scotland. The Future of Renewables seminar will feature leading industry experts covering some of the major challenges and opportunities facing renewable energy developers.

The Tayside property market has remained strong throughout the third quarter of 2025, with average house selling prices across the region reaching £193,600 – a 6% increase year-on-year. Strong buyer confidence was evident, with the number of homes going under offer climbing by 8%. A tota

Over £40 million of public funds are expected to be lost following the collapse of M Squared Lasers, the first company ever backed by the Scottish National Investment Bank (SNIB). The Glasgow-based technology firm fell into administration in August, owing more than £60m to creditors afte

A Scottish institution whose trademark sweets have crossed the globe is celebrating its 100th birthday by introducing a new leadership generation and scoping increased capacity. Gordon and Durward in Crieff, with customers including celebrities such as actor David Tenant, is proof of the unwaning ap

Company directors and shareholders face new mandatory reporting requirements for declaring dividends from profits for owner-managed and family-run ‘close’ companies. Failure to comply will incur a £60 fine for each failure to disclose in the tax return.