News

HSBC has announced plans to save $300 million (c. £240m) in 2025 and cut $1.5 billion (c. £1.2bn) from its annual cost base by the end of next year. This comes as the bank details the impact of Group CEO Georges Elhedery’s restructuring. The bank also aims to redeploy $1.5bn from n

The average price of a property in Scotland reached £189,000 in December 2024, an increase of 6.9% when compared to the same period a year earlier, new UK House Price Index figures have revealed.

Businesses concerned about the new 15% employers’ national insurance contributions (NIC) rate have less than 50 days in which to reduce the impact of the higher rate by embracing non-salary alternatives that reduce costs whilst continuing to provide employees with attractive remuneration packa

Google has been fined by a Russian court for hosting YouTube videos which instruct Russian soldiers in Ukraine on how to surrender. The fine of 3.8 million rubles (around €40,000 or £33,000) was imposed by Tagansky District Court in Moscow on Monday, according to Russia's state-owned TASS

Glasgow-headquartered Walker Precision Engineering has appointed George Adams as CEO. Walker is a strategic supplier to numerous key primes in the Aerospace, Defence & Space (ADS) sectors. This appointment provides strong strategic leadership in the company’s journey of operational excelle

Scotland's labour market has demonstrated continued strength despite the challenging economic climate, according to the latest figures. For the period of October to December 2024, the employment rate reached 74.2%, a 0.9% increase over the quarter, although still slightly below the UK average of 74.

Edinburgh-based breakthrough payment orchestration provider BR-DGE has announced that Resident Advisor, a platform in the electronic music community, has selected BR-DGE to provide global orchestration services as it continues to expand internationally. Resident Advisor’s new platform will ben

Moore Global, one of the UK's largest mid-tier accountancy groups, has announced record revenues for 2024, boosted by private equity investment. The network of 227 member firms across 114 countries saw a 13% increase in revenue, reaching $5.1 billion (c. £4bn). While some of this growth came f

Too many small and medium enterprises across Scotland are putting their futures at risk by not pursuing all money owed to them, a disputes lawyer has warned. John Bett believes that myths surrounding the legal avenues available to secure outstanding debts put off many smaller business owners from ta

A Lanarkshire dog walking business has doubled the size of its premises and is looking to bring in new staff after the owners received specialist advice from Business Gateway.

Mexico will sue Google if it continues to label the entire Gulf of Mexico as the "Gulf of America", the country's president has warned. One of Donald Trump's first acts on his return to the White House was to sign an executive order purporting to rename the body of water.

Company insolvencies in Scotland saw a 15% decrease in January 2025 compared to the same period last year. A total of 75 insolvencies were registered, comprising 37 Creditors' Voluntary Liquidations (CVLs), 32 compulsory liquidations, and six administrations. No Company Voluntary Arrangements (CVAs)

Scottish Building Society, the world's oldest building society, has joined forces with Legado to implement technology which will modernise its member communications. As a member-owned mutual, Scottish Building Society’s focus and purpose is to help people save money, and to help people buy hom

The 'big six' regional office markets across the UK – Manchester, Leeds, Birmingham, Edinburgh, Glasgow and Bristol – are experiencing a significant rise in the number of law firms looking for premium real estate to drive talent attraction and retention, according to Savills. Demand for

Wright, Johnston & Mackenzie LLP (WJM) is to provide expertise free of charge to local businesses looking to make the most of the benefits of the Inverness and Cromarty Firth Green Freeport (ICFGF). Partner Angus MacLeod, who is the head of the firm's Inverness office, will provide free advice t