News

The Scottish hotel sector maintained steady occupancy levels in November, yet rising operational pressures meant that modest revenue growth failed to reach the bottom line, leading to a dip in year-on-year profitability, according to the RSM Hotels Tracker.

The Institute of Chartered Accountants of Scotland (ICAS) has issued a strong response following the UK government’s announcement that the Audit and Corporate Governance Reform Bill has been scrapped. The accounting body's CEO, Gail Boag, described the decision as "deeply frustrating" highligh

The country’s leading entrepreneurs have joined forces with the publication of an “Entrepreneurs Manifesto for Scotland”, setting out a practical programme to help grow the economy by up to £20.2 billion in five years and support the creation of more than 100,000 jobs. The ma

Aveni has launched Transformation Nation: The AI Innovation Shift in financial services, a new thought leadership report examining the practical adoption of artificial intelligence across the UK financial sector. Drawing on candid insights from senior leaders in wealth management, life insurance, an

The Scotland team of growth capital investor BGF has promoted several members of its senior Edinburgh-based team, underlining Scotland’s centrality to its wider strategy. Patrick Graham, regional partner, who has grown and led the Scotland team by overseeing £400m of investment across 60

Inflation has risen faster than expected, presenting a fresh challenge to the Bank of England’s plans for easing interest rates. New data from the Office for National Statistics (ONS) reveals that the Consumer Prices Index (CPI) reached 3.4% in the year to December, exceeding the 3.3% predicte

The board of Edinburgh Worldwide Investment Trust (EWIT) has narrowly survived a second attempt by activist investor Saba Capital to unseat it. In a tightly contested vote, 53.2% of cast votes supported retaining the current directors, while 46.8% opposed them. Saba’s proposal had aimed to rem

A man who backed out of an agreement to purchase a home after its price plummeted has been ordered to pay nearly half of the expected sale price.

Scotland’s mid-market businesses are eyeing growth in 2026, turning to AI and productivity to support expansion plans. According to the latest research from BDO, productivity improvements and incorporating technologies like AI will play a vital role in helping mid-sized companies achieve their

Pre-tax profits at Kirkcaldy-based food distributor Fife Creamery have surged by 57% to just over £2 million for the year ending 30 September 2025. The dairy distributor, which has operated in the Kingdom of Fife since 1957, recorded a pre-tax profit of £2,004,913, up significantly from

The Financial Conduct Authority faces an uncertain future following a government U-turn on plans to overhaul how auditors are policed. Despite an announcement in the King’s Speech in July 2024 that the current Labour government would advance the long-awaited audit reform and corporate governan

Aberdeen registered its highest share of Scottish commercial property deals of the 2020s last year as buyer and seller expectations continued to align, according to new research from Knight Frank.

A waste management company has lost a Court of Session action in which it sought over £50 million following the postponement of the deposit return scheme for single-use drink containers in Scotland after it was ruled that a letter of assurance requested by the intended scheme administrator cou

Digital bank Monzo has introduced a new feature allowing sole traders and landlords to file taxes directly to HMRC via their business accounts.

Glasgow-based commercial debt recovery firm Darcey Quigley & Co has secured a £2.5 million investment from specialist growth finance provider Growth Lending to expand its marketing and sales head count as the business gears up for further national and international growth in 2026. Founded