Reflecting wider trends, the Scottish economy is currently in a fragile state, exacerbated by the US's recent announcement of 10% tariffs on all imports, which has dampened business and consumer confidence, according to the latest EY ITEM Club Scotland forecast. The US tariffs are likely to have an
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Appointments
See all articlesSavills has reinforced its dedication to Edinburgh's active rental market through further investment in its residential lettings team, reflecting the sector's sustained expansion, despite an evolving regulatory environment. Leading the expansion is Sophie Strand, who has been appointed as head of re
Lindsays has appointed Ken Dinneen as its new head of finance, taking over from Jim Kinloch, who retires after seven years with the firm. Mr Dinneen brings decades of experience in legal services to his new role, which commenced last week. He joins Lindsays from Balfour & Manson, where he served
Henderson Loggie has appointed Grant Snedden to lead its games and digital sector team. Recent data from Scottish Games Network indicates that Scotland is home to 484 game studios, alongside numerous tech and games-adjacent companies. Nationally, the UK gaming market was valued at £7.63 billio
Gilson Gray has announced its latest round of promotions across its legal, financial management and property teams. A total of 19 employees have been elevated to new positions across the firm’s legal, financial management, property and business support teams, recognising the talent and achieve
Glasgow-headquartered pension specialist @sipp has established an in-house legal department to bolster support for advisers and their clients engaged in commercial property transactions. The independently owned company has appointed experienced commercial real estate lawyer Joanne Wilson as head of
Lindsays has appointed Andrew Diamond as its new managing partner elect Mr Diamond is currently a partner and the firm’s head of residential property. He will take up the role on 1 October.
Accountancy
See all articlesResponding to a growth of private equity investment, The Institute of Chartered Accountants of Scotland (ICAS) is calling for a multi-stakeholder review of the framework governing who can own audit firms. The call follows the publication of a new paper by ICAS’ Private Equity working group, ex
Fraud is prevalent across UK regions, with the value of fraud reported outside of London and South East totalling £117 million in 2024, according to BDO’s latest FraudTrack survey. Key hotspots outside London and South East include the North West and Midlands. Total reported fraud in the
The number of overdue invoices on the books of Scottish businesses dropped to the lowest level in 2025 so far in April, according to new research from R3, the UK’s insolvency and restructuring trade body. R3’s analysis of data provided by Creditsafe shows Scottish businesses had a total
Audit, tax and consulting firm RSM UK has made several key hires in its Aberdeen office to support the firm’s regional and national growth ambitions. The latest hires include Robbie Simpson as audit director, Ciaran Fines as assistant tax manager, and Naeema Joji as assistant audit manager. Th
The chief executive of the Financial Reporting Council (FRC), the UK's accountancy regulator, has promised to speed up investigations into audit failures. Richard Moriarty told the Sunday Times that the FRC needed to take disciplinary action against auditors more swiftly. He emphasised the imp
Business
See all articlesBusiness confidence in Scotland rose 12 points during May to 52%, according to the latest Business Barometer from Bank of Scotland. While companies in Scotland reported lower confidence in their own business prospects month-on-month, down four points at 57%, firms’ optimism in the economy rose
A lack of access to critical resources is placing Edinburgh start-up businesses at risk, according to new research from HSBC UK. The data, taken from a survey of 1,000 UK entrepreneurs, found that 30% of Edinburgh founders lack the resources and support they need to start their business
Speciality chemicals manufacturer and agricultural life science company Syngenta has been awarded £2.2 million from Scottish Enterprise towards a £14.7m project to expand production at its Grangemouth site, creating 38 new jobs and safeguarding 14 existing roles The grant was announced d
ReVentas, a Scottish start-up pioneering plastic dissolution recycling, has secured its Series A funding to enable the scaling of its plastic recycling technology from pilot plant to commercial operation over the next 3 years.
John Heaney Electrical Limited (JHE), the West Lothian-based electrical, mechanical and HVAC firm, has posted a record turnover for the third year running following a series of significant contract wins. The Livingston company’s latest set of financial results to the year end December 2024 sho