News

Scotland’s labour market is facing “growing pressures” amid a complex economic backdrop, according to the latest figures. While data shows a challenging picture for employment, cooling wage growth across the UK has fuelled speculation of a pre-Christmas interest rate cut from the B

The intellectual property (IP) and assets of M Squared Lasers, the collapsed Glasgow technology firm, have been sold to Novacene Photonics Limited, a new company established by M Squared's former senior leadership. Alistair McAlinden and Geoff Jacobs from Interpath were appointed joint administrator

The Association of British Insurers (ABI) has called for cyber insurance to become a part of every organisation’s modern risk management strategy, as its latest figures show £197 million was paid out to help businesses recover from cyber incidents in 2024. Data from firms participating i

Building, infrastructure, engineering and fit-out business Tilbury Douglas has appointed Martin Harrison as its chief financial officer (CFO). With more than 20 years in construction and infrastructure, Mr Harrison has held senior roles at Tarmac Contracting, Vistry and Fulcrum Utility Services

The CFO of a UK hotel business has been elected president of ACCA (the Association of Chartered Certified Accountants). Melanie Proffitt, CFO of Farncombe Estate, three award-winning hotels on a 400-acre estate near Broadway in the Cotswolds, will lead over 257,000 members and 530,000 future members

The Institute of Chartered Accountants of Scotland (ICAS) has announced the appointment of Gail Boag as its new chief executive officer, effective 1 January 2026. Ms Boag, who currently serves as the institute's executive director learning and market development, will make history as the first femal

Investors in new stocks & shares ISAs ramped up their contributions in the third quarter of 2025, according to data from Scottish Friendly. The data shows that contributions to new ISAs increased by 13% quarter-on-quarter in Q3, despite the ongoing squeeze on household finances.

BDO LLP has announced a new regional managing partner for Scotland. Audit partner Mark McCluskey takes over the role and will oversee the 200-strong team in Edinburgh and Glasgow across four core business areas – audit, tax, deals and consulting, risk & outsourcing (CRO).

Scotland’s luxury and mid-market hotels enjoyed a rise in occupancy, room rates and profits in August year-on-year, with budget hotels also seeing growth in room rates and profits, despite a slowdown in the wider UK market, RSM Hotels Tracker: Focus on Asset Classes has revealed. The data, whi

Irvine-based engineering firm Booth Welsh has secured its long-term future and the jobs of its 300-plus workforce by transferring the company into an employee ownership trust (EOT). CEO Martin Welsh and the leadership team will all remain in their existing roles.

Consilium Chartered Accountants has successfully guided the shareholders of Eureka Solutions through the firm’s acquisition by San Francisco-based Pine Services Group. Eureka Solutions – an award-winning, family-owned provider of business software solutions – will become Pine Servi

A hoard of 70 Tudor coins, unearthed by a family digging a flowerbed during the 2020 lockdown, has sold at auction for just over £380,000. The collection, dubbed "The New Forest Hoard", was discovered at a home near Milford on Sea, Hampshire, in April 2020. The family initially found 63 gold c

Scottish construction firm The JR Group has announced a £6 million investment to create a new headquarters and warehouse complex on Helen Street, Govan, marking an emotional return to the area where the business was founded 30 years ago. Planning permission was submitted to Glasgow City Counci

A Glasgow high school pupil has presented her ideas on running the country to Scotland’s top entrepreneurs – and scooped a £35k school prize pot. Hyndland Secondary School S1 pupil Parvathy Othagatt entered The Hunter Foundation’s “If I Ruled Scotland” competition

Deloitte has announced the winners of the 2025 UK Technology Fast 50 awards, with three Scottish companies among the ranking. The awards recognise and rank the 50 fastest-growing technology companies in the UK based on average revenue growth over a three-year period, and are sponsored by Citi, Oracl