News

The Michelin Scotland Innovation Parc (MSIP) has injected £6.4 million into the national economy through its Accelerator Programme over the last three years.  MSIP, a joint venture between Michelin, Dundee City Council and Scottish Enterprise, is a dynamic and creative home for innovators

Following 0.6% growth in January, Scotland's economy experienced a slight setback in February 2024, with onshore GDP contracting by 0.3%, according to statistics announced by the Chief Statistician. On a positive note, in the three months to February, GDP is estimated to have grown by 0.4%

In a deal facilitated by FRP Advisory, Scottish convenience store chain Eddy's Food Station has been acquired by SPAR Scotland's wholesaler, CJ Lang & Son Ltd, for an undisclosed sum. Callum Carmichael and Michelle Elliot, partners at FRP Advisory, were appointed joint administrators of Edd

Acrisure, a global fintech, has acquired Scottish insurance broker WH&R McCartney. Based in Motherwell and led by Graeme Robb and Alan Kirkwood, WH&R McCartney is an insurance broker specialising in general commercial SME insurance. It has been operating since 1932.

More landlords predict Scotland will attract the most residential property investment outside of London and the South East in the next three years, according to RSM UK’s Real Estate 360 survey. Research commissioned by the audit, tax and consulting firm shows that 14% of landlords believe Scot

Following on from the highest sales achieved in its 162-year history, Scottish Friendly has announced the appointment of a new chair as well as two new non-executive directors. John McGuigan, with over 25 years of executive experience, steps in as the financial mutual's new chair.

Scotland is poised for a gradual economic recovery with steady growth predicted over the medium term, according to KPMG UK's inaugural Scottish Economic Outlook report. The forecast shows growth of 0.4% for the Scottish economy this year, similar to the rest of the UK, but relatively weak by histori

Bancon Group has promoted Jamie Tosh to the position of managing director for Bancon Homes and Bancon Construction. In his new position, Mr Tosh will have responsibility for the company's leadership and development. He will spearhead the implementation of safety protocols ensuring the well-being of

An auction house in Dorset has withdrawn 18 ancient Egyptian human skulls from sale after an MP warned that selling them would exacerbate the violence of colonialism.

A man has been left in disbelief after receiving a tax bill totalling more than $34 billion in overdue taxes, penalties, and interest. The colossal figure Barry Tangert was quoted by the Pennsylvania Department of Revenue is too large to fit on a single line. Coincidentally, Mr Tangert's t

Glasgow-based whisky bottler and blender Hunter Laing has unveiled impressive financial results, reporting record revenue and profits as it prepares to introduce its inaugural whisky from its newly constructed Islay distillery. The business posted an operating profit of £11 million for the fis

Accountancy body ACCA has urged CEOs and CFOs to build trust in artificial intelligence (AI) by taking steps in their organisations to manage the associated risks. As AI plays a greater role in the accounting and financial reporting of businesses, CFOs and financial controllers will have to be confi

Springfield Properties has signed a new contract, worth £10.1 million, with Moray Council for the delivery of affordable housing. The group will receive funds from the sale of the land to Moray Council in the current financial year and the design and build phase, which accounts for the vast ma

The average price of detached homes in Edinburgh has risen by over £1,000 a week over the last year, according to property firm DJ Alexander Ltd.

Three of Aberdeen’s legal firms, Burnett & Reid LLP, Gavin Bain & Company, and Taggart Meil Mathers, have merged into a single firm. Effective as of 1 May 2024, the merger marks a significant milestone for all three firms as they combined into a workforce of some 70 personnel under the