News

The Scottish Government recorded a £1 billion underspend in 2024/25 but still needs to move away from short-term measures to address a stark forecast gap between its spending plans and funding, according to Audit Scotland. The watchdog's 2024/25 audit of the Scottish Government's Consolidated

Borrowing by Scotland’s social housing providers has surged over the last year, with total available debt facilities exceeding £7 billion for the first time, the Scottish Housing Regulator has revealed. A new report from the regulator reveals a significant rise in lending, signalling gro

An American lawyer furloughed due to the ongoing US government shutdown has started a side business selling hot dogs. Isaac Stein has launched his self-deprecating "Shysters Dogs" while furloughed from his full-time job at the Internal Revenue Service (IRS), NPR reports.

Aberdeen Group plc has announced it has reached agreement to increase its interest in Tritax Management LLP, one of the UK’s largest logistics managers, reinforcing its commitment to long-term growth and leadership in the UK logistics real estate sector. Following the initial acquisition of a

Phil Anderson Financial Services is celebrating a landmark October after achieving a record-breaking month for new business and securing a prestigious national award for one of its rising stars.

Goldman Sachs has predicted the Bank of England will defy market expectations by cutting interest rates next week. In a note to clients, the investment bank said it had reassessed its position after recent data provided a "convincing case" for a reduction. Analysts argue that a combination of fading

Pathways Forward, the women in entrepreneurship social enterprise set up by entrepreneur and investor Ana Stewart, has announced its latest Pledge cohort while appointing current Pathways advisory board member and former Rose Review industry lead Jo Forster to the same role, industry lead, at Pathwa

Based on its third-quarter results, Standard Chartered PLC has upgraded its full-year outlook after a strong performance driven by its wealth and global banking divisions. For the three months ending 30 September 2025, the bank reported an underlying operating income of $5.1 billion (c. £3.9bn

Commercial real estate advisor Avison Young has promoted Iain King to regional managing director for the firm’s Glasgow office.  Iain joined the business in 2023 as principal and head of building and project consultancy for Scotland, bringing with him over 25 years of experience as a char

Award-winning Scottish hospitality operator, Buzzworks, has announced the appointment of Maurissa Fergusson as its new property director. Ms Fergusson's addition to the leadership team is the latest in a series of senior appointments, reflecting the company’s growth strategy as it expands into

A young entrepreneur from Coatbridge and his dad have attracted 3,000 customers in their first two months of trading after they opened a new mobile food business in September. The pair accessed expert start-up advice and support from Business Gateway to help get their business off the ground. Specks

Simon Howie Butchers Limited has reported a pre-tax profit of £6.9 million for the period ending 31 January 2025. The Perthshire firm's annual accounts show turnover increased by 27% from the previous year, reaching £37.4m. This represents a £1.4m rise in profitability from the &po

Demand for commercial property in Scotland rose in the last quarter, driven by an uptick in the office subsector, according to the latest Royal Institution of Chartered Surveyors (RICS) commercial property monitor. But there are signs of some caution amidst rising uncertainty and fiscal tension.

Scotland experienced the fastest quarter-on-quarter increase in the number of businesses in distress across the UK in Q3 2025, according to the latest Red Flag Alert from Begbies Traynor. In Scotland, levels of advanced or "critical" distress in the latest quarter were particularly stark, rocketing

The Institute of Chartered Accountants of Scotland (ICAS) has accredited The Open University’s (OU) BSc Accounting and Finance degree, marking the first time a distance learning programme has ever been formally recognised by the professional body. This milestone partnership with the UK’s