Scottish company insolvencies fell by 4% in June 2025 compared to the previous year, with 105 firms collapsing. Experts have warned this may only be a temporary reprieve and a challenging economic climate.
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Appointments
See all articlesAberdeen-based High Performance Robotics (HPR) has appointed New York energy executive Mitch Johnson as its new vice president to lead the company's international expansion. Mr Johnson brings more than 15 years of international experience in maritime and subsea operation – most recently with B
The Edinburgh-born founder of Dubai-based agency White & Co has joined Simpson & Marwick as director of growth & innovation. Since launching his own business in 2021, Calum White has grown it to a team of 420 with a projected turnover exceeding £60 million – a remarkable mile
Finlay Scott has been appointed as a member of the Forth Valley NHS Board, the Cabinet Secretary for Health and Social Care, Neil Gray MSP, has announced. Mr Scott brings extensive experience from a long career in financial services, working at Bank of Scotland, HBOS, and latterly serving as head of
AAB has announced a significant round of promotions, elevating three senior team members to partner and promoting a further 134 employees. The promotions, which affect over 10% of the firm’s 1,000-strong team, are a key part of its ongoing talent development strategy.
Responsible finance provider Social Investment Scotland (SIS) has appointed impact investing pioneer Amir Rizwan to its board, as it steps up efforts to build an impact economy. Mr Rizwan is a prominent leader within the UK’s social investment and impact landscape, bringing over a decade&rsquo
7IM Private Client has strengthened its presence in Scotland with the appointment of Angus Robertson and the promotion of Morgan Leask as associate directors, financial planning. Mr Robertson joins from St. James’s Place, where he served as a Financial Adviser, supporting over 200 clients with
Accountancy
See all articlesInverurie has welcomed a new addition to its local business community as B W Accountancy Services officially opens its doors at 25A Market Street, right in the heart of the town. Founded by respected industry professionals Colin Webster and Fiona Barron, the firm brings with it over 50 years of comb
Azets has appointed John Kean as a new private client tax partner based in the firm’s fast-growing Edinburgh office. Mr Kean has 15 years’ experience advising private clients, partnerships, trusts, estates and entrepreneurs on their personal and wealth management tax strategies. His exte
ACCA (the Association of Chartered Certified Accountants) has announced a redesign of its gold standard ACCA Qualification focused on a redefinition of accountancy which is expanding and reshaping the role of the profession. The redesign reflects the increasing role of accountants in driving the wid
(Credit: Thapana Studio - adobe.stock.com) The Big Four accountancy firms – Deloitte, EY, KPMG, and PwC – have significantly reduced job opportunities for new graduates and school leavers, while simultaneously cutting existing roles, as the integration of integration of artificial i
Armstrong Watson warns businesses with operating leases to prepare for significant accounting change
Businesses with operating leases for offices, warehouses, retail spaces, vehicles and other high-value equipment will soon need to prepare for significant changes that will impact how they are accounted for in their financial statements, according to Armstrong Watson. The majority of businesses will
Business
See all articlesOne in four North-east companies are planning to cut their workforce over the next three months, a new report has warned.
Edinburgh-based startup SWURF has landed a six-figure investment and appointed three heavyweight industry leaders to its board, signalling a bold new phase of growth across the UK and Europe. This latest investment round includes follow-on funding from existing backer Gareth Williams, co-founder of
The number of small businesses expecting to shrink, close or sell up outstrips the number expecting to grow in Scotland for the first time since the outbreak of the Covid pandemic, new figures from the Federation of Small Businesses (FSB) have revealed. More than a quarter of small businesses (28.7%
A former textiles teacher has launched a new sewing initiative in Shetland after trading the bustle of London for a slower pace on the isles. Helen Barwick, founder of Shetland Stitch Club, moved to the North Mainland with her husband and rescue dog in November 2024. After years as head of textiles
The outlook for the Scottish and UK economies has weakened, with growth now expected to remain sluggish through the rest of 2025, according to the Fraser of Allander Institute at the University of Strathclyde. In its latest quarterly Economic Commentary, the Institute has downgraded its forecasts fo