News

Eight teams of Scotland's brightest young female students have secured their place in the finals of a nationwide competition aimed at encouraging more women to consider careers in investment management.

The Scottish National Investment Bank (SNIB) risks falling short of its £2 billion investment target by 2030 by up to £400 million, following a reduction in government funding this year. Established in 2020, the state-backed bank aims to support projects in net zero, communities, and inn

The imminent shift to real-time payroll reporting represents a transformative change for businesses, according to Wbg. Set to take effect in April 2026, the new real-time payroll reporting rules will require businesses to report income tax and Class 1A National Insurance Contributions (NICs) for mos

An Aberdeen robotics company is growing its team after record year which saw it double turnover to £2 million. High Performance Robotics (HPR) has been driving down the cost of subsea inspection, intervention and repair with its growing capability. Advances in miniaturised sensor and robotics

Aberdeen City Council is offering a one-time grant of £500 to individual local businesses that want to show their support for Spectra – Scotland’s Festival of Light – when it returns to the city next week. Spectra, runs from Thursday 6 to Sunday 9 February and will see Aberde

Ayrshire-based Wilsons Pet Food, one of the longest established pet food companies in the UK, has secured a £1 million investment from the Investment Fund for Scotland (IFS), managed by Maven Capital Partners and delivered by the British Business Bank. The company specialises in cold-pressed d

Changes to the VAT rebate scheme for the heritage sector would better safeguard the country’s fragile historic attractions, widen public access, and provide an economic boost, according to new findings.

First Minister John Swinney has signed an updated Partnership Agreement with the City of London Corporation. The agreement focuses on shared priorities, including securing investment in Scotland, advancing new technologies, funding nature projects, and promoting Scotland’s financial sector glo

The biggest banks’ most flexible easy access accounts now sit in the bottom quartiles of the market, while, in contrast, some of their fixed rate bonds on offer sit in the top quartile, according Moneyfacts. The analysis from Moneyfacts Consumer Duty Audit Tool for Savings shows that, despite

Entrepreneurial Scotland is seeking ambitious business leaders to join the fifth cohort of its highly regarded peer support programme, The Exchange, launching this March. Since its inception, The Exchange has brought together Scotland's founders, directors, and CEOs to connect, collaborate and grow

Walker’s Shortbread has reported a 19.5% year-on-year growth in festive sales, driven by a six-figure, multi-channel marketing campaign that highlighted the joy of sharing shortbread during Christmas and New Year.

Glasgow city centre has experienced a significant surge in food and beverage (F&B) activity in 2024, with 34 new openings marking the highest volume in over six years – a 25% increase compared to the previous year – according to Savills. Nearly 90% of these openings were local indepe

Highland Heritage Woodworks (HHW), a sustainable timber supplier and bespoke carpentry firm, is poised for growth after receiving a £100,000 grant from Scottish Enterprise. The funding supports a £250,000 project to establish a sawmill on the Dunecht Estate in Aberdeenshire, enhancing th

Legal & General (L&G) has acquired a prime purpose-built student accommodation (PBSA) scheme in Edinburgh's Fountainbridge area for more than £35 million. The PBSA, Lower Gilmore Place, has been acquired off market by L&G’s Managed Fund from Glencairn Properties. Knight Frank

Scotland's local authorities are grappling with significant financial strain, necessitating urgent transformation to ensure sustainability, the Accounts Commission has revealed. While councils managed to bridge a £759 million budget deficit in 2023/24, this required deeper cuts and reliance on