News

The Financial Reporting Council (FRC) has released updated guidance on the Going Concern Basis of Accounting and Related Reporting, including Solvency and Liquidity Risks.

Weightmans has relocated its Glasgow office to The Ink Building on Douglas Street. The move represents a significant investment from the firm into its Scottish practice, as well as demonstrating its commitment to ESG. The Ink Building is an environmentally friendly space with an EPC rating of A, ref

Research by the Building Societies Association has shown that three-quarters (73%) of UK adults with Cash ISAs are against the UK government scrapping or reducing Cash ISAs. Only 8% were supportive, and the others didn’t have an opinion either way. It also highlights that the majority of

The Cyber and Fraud Hub has helped hundreds of individuals protect themselves from financial loss since launching last July. The hub has assisted 228 people through its helpline and fraud triage service, been involved in £8 million worth of fraud investigations and recovered or prevented &poun

A project to increase the amount of luxury self-catering accommodation available on the island of Great Cumbrae in the Firth of Clyde has secured up to £95,452 investment from Highlands and Islands Enterprise (HIE). Jack’s Alt Stays Ltd was launched in 2022 and currently has five cabins

Uncertainty over policy direction has led Scotland’s private rental sector (PRS) to undergo "a reset", after a mixed year for rental growth across the country during 2024, according to Gilson Gray. The full-service legal firm’s analysis of data from Citylets pointed to stalling rents in

New figures reveal a significant rise in shoplifting across Scotland, with a reported 18% increase in the year ending December 2024. This brings the total to over 43,000 incidents, a jump of 89% compared to 2020.

Financial planning and investment specialist Scott James & Associates has significantly expanded its operations with the acquisition of a fellow St. James’s Place (SJP) partner practice. This acquisition, effective from January 2025, brings the firm's total funds under management to over &

A life-size portrait of Vladimir Lenin and other paintings from the Soviet Union are set to be sold at auction.

A sea salt producer on the Isle of Skye is expanding to increase production and create more jobs. The Isle of Skye Sea Salt Company has secured up to £5,690 from Highlands and Islands Enterprise (HIE) towards total project costs of £14,230.

Glasgow-based Minerva Innovation Group, specialising in R&D tax relief for businesses, aims to double its client base in 2025. The firm, now headquartered in Rutherglen, plans to expand into the architecture and engineering sectors, building upon its strong presence in equestrian, livestock, far

Prime Minister Keir Starmer has pledged £200 million from the National Wealth Fund to revitalise the Grangemouth site, set for refinery closure this summer. The investment, announced at Scottish Labour's conference, aims to transform the facility into a hub for new industries, including bioeng

Aberdein Considine has boosted its Aberdeen-headquartered corporate division with the appointment of new associate solicitor Michael Leith. Mr Leith joins Aberdein Considine’s corporate and business advisory team led by partner Ritchie Whyte in “one of the firm’s busiest periods fo

Scottish biotech engineering company uFraction8 has secured £3.4 million in new investment following the completion of a funding round led by Foresight Group. Based in Falkirk with a fully-owned subsidiary in Poland, uFraction8’s microfiltration technology is designed to optimise cell an

A new analysis reveals a concerning trend in Scotland's financial landscape, with 32% of households reporting no savings, significantly higher than the UK average of 23%. This disparity is widening, as figures from 2023 show Scotland's rate has increased while the rest of the UK has seen improvement