News

ScottishPower recorded a 12% increase in annual profits to £3.15 billion for 2025, a growth trend mirrored by its Spanish parent company, Iberdrola, which saw net earnings rise by 12% to nearly €6.3bn (c. £5.5bn). The steady financial performance was primarily underpinned by the suc

Social Investment Scotland (SIS) has delivered new funding, on behalf of the Scottish Government, to help credit unions across Scotland use digital tools to identify benefits and financial support their members may be missing out on. The Credit Union Income Maximisation Digital Innovation Project ha

BTO has welcomed Donna Strong as a new partner in the firm’s real estate team, based in its Glasgow office. This senior hire follows the appointment of partner John Dunlop in the firm’s Edinburgh office last year, further strengthening BTO’s growing real estate capability.

Wright, Johnston & Mackenzie LLP (WJM) has expanded with a new office in Aberdeen. The firm – which has offices in Edinburgh, Glasgow, Inverness, Dunblane and Galashiels – has opened its north east base on Marischal Square in the heart of the city centre.

Standard Life plc, a retirement specialist focused entirely on retirement saving and income, has completed its name change from Phoenix Group Holdings plc and will from now on be listed on the London Stock Exchange under the ticker of SDLF. The move to Standard Life plc supports the organic growth s

MHA, the UK member firm of Baker Tilly International, has made a raft of senior appointments and partner promotions as it continues to grow its Scotland team. In Edinburgh, the firm has appointed Stephen Thom as corporate tax partner and Joshua Williams as personal client tax director, alongside the

Multi-award-winning Wild Child Animation, the Stirling-based studio and contractor, has appointed Wbg turnaround specialists Gordon McIntyre and Donald McKinnon as joint administrators. Since 2020, Wild Child Animation has created hours of content for partners including Cartoon Network, Disney, Warn

George Lafferty of BTG (formerly Begbies Traynor) has been appointed as administrator of Pagazzi Lighting Services on 27 February and Pagazzi Lighting Concessions Ltd on 26 February, after it experienced ongoing cash flow issues after a period of sustained poor trading. The 45-year-old family-owned

Former Greek finance minister Yanis Varoufakis has been charged with drugs offences after telling a podcast he once took ecstasy decades ago. The controversial left-wing politician and leader of the MeRA25 party said he had tried ecstasy in Australia in 1989 but was discouraged from doing so again a

Business owners in Jersey have spoken out against a proposed law that would require them to accept cash payments. A report by BBC News has challenged the common misconception that cash transactions are better for small businesses.

Glasgow City Council has paved the way for over 100 new homes following the sale of an inner-city site to Wheatley Group. The move comes as the council also pilots a new legal approach to acquiring more vacant homes to bring them back into use as family homes.

A business that claimed it was unlawfully refused a small business grant during the Covid-19 pandemic has lost an appeal against the dismissal of its case before the sheriff after it was ruled that he was correct to find no proper case had been made out against the local authority that considered th

The level of inheritance tax (IHT) collected has reached a new high, according to analysis of the latest statistics by DJ Alexander Ltd. Scotland's largest lettings and estate agency said the latest statistics show that £7.13 billion was collected between April 2025 and January 2026, with

Overall satisfaction with Scotland’s public services has fallen since 2020, according to a new report from Deloitte and independent think tank Re:State. Findings from The State of the State 2026, an annual report that examines attitudes to government and public services, shows that while Scots

Armstrong Watson has urged businesses across Scotland to strengthen their cyber resilience as AI-enabled threats grow in speed and sophistication. The business advisory and accountancy firm has published the findings of its latest survey of family, privately-owned and owner-managed businesses.