News

BTO Solicitors LLP has posted profits of £6.371 million, representing a 16.9% increase, for the 2023/2024 financial year. The law firm's latest Companies House filing shows turnover reached £19.575m, a 6.9% increase, for the same period.

The Scottish National Investment Bank has made a £730,000 investment in DITT Construction Ltd to support the construction of six high-quality, one-bedroom homes in Lerwick. The homes are being designed for key workers and young professionals who can often struggle to find affordable housing. O

Shabnam Hassan Khan, an Afghan refugee, has shared her story after graduating from the University of Dundee with a Masters in Accounting and Finance. Civil turmoil in Afghanistan in 2021 suddenly and severely limited access to education and development for women. This led the university to establish

One of Banksy’s works, Well Hung Lover, is set to be auctioned alongside the Bristol building it adorns with a guide price of £700,000. The iconic mural, featuring a man clinging to a window ledge as a lover’s quarrel unfolds above, appeared in 2006 on the wall of what turned out t

Tourism provided a £306 million boost to Angus' economy last year, according to an independent report. Research conducted by Global Tourism Solutions (GTS), using the Scottish Tourism Economic Activity Monitor (STEAM) model, highlights that tourism’s economic impact has increased by 27.2

The Accounts Commission has commended Scottish Borders Council (SBC) for its continuously improving and forward-thinking approach to making savings and tackling recruitment challenges.

Tunnock's, the Scottish confectionery firm, has announced a fourfold increase in pre-tax profits to £4 million for the year ending 24 February 2024. This surge comes despite the ongoing challenges posed by rising chocolate costs due to climate change and supply chain disruptions.

Aberdein Considine has opened a commercial property practice in Manchester's Spinningfields, marking its first step of Northwest expansion. The firm, which has 21 offices across Scotland and the North of England, aims to double its commercial real estate turnover in England and Wales next year.

A commercial judge has extended the administration period of a fashion retailer into its fifth year after a note was lodged by its administrators seeking an additional 12 months to resolve the remaining outstanding tasks of the administration. The joint administrators of PSL2021 Realisations Ltd, fo

Sulmara, a provider of innovative survey and inspection services to the offshore wind and energy markets, has secured an $18.9 million (c. £15m) investment from BGF. The Glasgow-headquartered business was founded in 2019 and has grown rapidly to more than $70m (c. £55.8m) annual revenue,

Scottish Financial Enterprise (SFE) has called on the Scottish Government to reverse its diverging income tax policy, warning that it is harming the economy. The financial and professional services industry organisation welcomed the Scottish Government’s focus on economic growth but urged mini

Scotland’s onshore GDP grew by 0.3% in September 2024, according to statistics announced by the Chief Statistician. This follows contraction of 0.6% in August 2024. In Q3 2024, GDP is estimated to have grown by 0.3% compared to the previous three month period. This follows growth of 0.4%

Scottish debt recovery firm BPO Collections has been provided a £3.3 million loan from OakNorth to acquire CCS Collect. Ayrshire-headquartered BPO Collections, which is a wholly owned subsidiary of Canadian-based Everyday People Financial Corp, was founded by Graham Rankin in 2006. The fi

The British Business Bank has launched the Community ENABLE Funding (CEF) programme, which is designed to increase the availability of funding to social impact sector lenders, and the smaller businesses they serve in local communities across the UK. The initiative is aimed primarily at community dev

Crieff Hydro Family of Hotels, Scotland's oldest registered trading company, is set to undergo a significant transformation with a multi-million-pound investment in its flagship property – Crieff Hydro. The project will create a new day-to-night bar, refurbished dining areas, and a speakeasy b