News

Speaking at the University of Glasgow's Adam Smith Business School, a Bank of England policymaker has called for a fundamental rethink of how central banks respond to economic shocks, arguing that a cautious approach to cutting interest rates is necessary in an increasingly volatile world. Monetary

STV reported a pre-tax loss of £200,000 for the first half of the year, a sharp downturn from the £4.8 million profit recorded in the same period last year. The loss was driven by a 16% fall in national linear advertising, contributing to a 10% drop in total advertising revenue to £

Port of Aberdeen has appointed Ross MacRae as its new financial controller. Mr MacRae joined the port as a member of the functional leadership team on Monday 25 August and reports to chief financial officer, Jon Oakey. Mr MacRae is a Fellow of the Association of Chartered Certified Accountants

Argyll & Bute has become the fifth Scottish council to stop developing plans for a local Visitor Levy amid concerns about the potential impact on the tourist economy. Councillors voted against developing its plans at this stage after the Federation of Small Businesses (FSB) highlighted worries a

A tourist hotspot has announced a new tax on dogs, to be paid both by local residents and visitors. Bolzano, in northern Italy, will ask local residents to pay an annual tax of €100 per dog, while tourists will have to cough up €1.50 per dog per day of their visit.

Scotland’s Budget for 2026-27 is set to be delayed until 15 January, a move Finance Secretary Shona Robison has described as "unavoidable" due to the late scheduling of the UK government's Autumn Statement. Ms Robison had originally preferred a December date for the Holyrood budget. However, w

The Scottish Government has signalled a potential shift in its controversial visitor levy policy, acknowledging industry concerns and committing to exploring alternative models, such as a flat-rate charge. The move comes as Orkney Islands Council becomes the latest local authority to reject the intr

Scotland’s onshore GDP fell by 0.3% in July 2025, a reversal from the revised 0.7% growth seen in June, according to the latest figures from the Chief Statistician. Despite the monthly contraction, the broader picture shows growth of 0.5% for the three-month period ending in July when compared

HM Revenue & Customs (HMRC) has restarted its controversial Direct Recovery of Debts (DRD) programme, which allows it to take money directly from the bank accounts of certain debtors.

Wbg’s 168 Whisky Club moves into the autumnal season this week with another tasting from Ferguson Whisky, whom it has supported from inception. The club, formed 12 years ago by founder Donald McKinnon, is a fusion of mixing business and pleasure with a networking club.

Former First Minister Nicola Sturgeon will be one of the guest speakers at CMS Scotland’s annual business conference in Edinburgh next month. Hosted by broadcaster and journalist Kirsty Wark, CMS’s 'On Point' event takes place on Thursday 2 October 2025 at Edinburgh’s EICC with its

A new programme helping Scottish companies seize the benefits of artificial intelligence (AI) has been launched. Supported by nearly £1 million of Scottish Government funding, it will offer small and medium-sized businesses (SMEs) a range of support – including tailored consultancy servi

Henderson Loggie has appointed Matthew McDermott as director of its accounting and business services (ABS) team. Mr McDermott will be based in the Glasgow office from 22 September, reflecting the firm’s commitment to strengthening its presence in the West of Scotland.

North Korean authorities have cracked down on the phrase "I love you" as evidence of a "decadent lifestyle". According to Daily NK, factory officials in Hamhung, North Korea's second largest city, publicly condemned a love letter which was discovered in a young worker's bag during a routine ins

Perthshire's Gleneagles Hotel has seen its profits more than double last year as sales surpassed £100 million for the first time.