News

A man who backed out of an agreement to purchase a home after its price plummeted has been ordered to pay nearly half of the expected sale price.

Scotland’s mid-market businesses are eyeing growth in 2026, turning to AI and productivity to support expansion plans. According to the latest research from BDO, productivity improvements and incorporating technologies like AI will play a vital role in helping mid-sized companies achieve their

Pre-tax profits at Kirkcaldy-based food distributor Fife Creamery have surged by 57% to just over £2 million for the year ending 30 September 2025. The dairy distributor, which has operated in the Kingdom of Fife since 1957, recorded a pre-tax profit of £2,004,913, up significantly from

The Financial Conduct Authority faces an uncertain future following a government U-turn on plans to overhaul how auditors are policed. Despite an announcement in the King’s Speech in July 2024 that the current Labour government would advance the long-awaited audit reform and corporate governan

Aberdeen registered its highest share of Scottish commercial property deals of the 2020s last year as buyer and seller expectations continued to align, according to new research from Knight Frank.

A waste management company has lost a Court of Session action in which it sought over £50 million following the postponement of the deposit return scheme for single-use drink containers in Scotland after it was ruled that a letter of assurance requested by the intended scheme administrator cou

Digital bank Monzo has introduced a new feature allowing sole traders and landlords to file taxes directly to HMRC via their business accounts.

Glasgow-based commercial debt recovery firm Darcey Quigley & Co has secured a £2.5 million investment from specialist growth finance provider Growth Lending to expand its marketing and sales head count as the business gears up for further national and international growth in 2026. Founded

Glasgow-headquartered digital healthtech provider Phlo, which employs over 120 people across the UK, has been named in The Sunday Times 100 Tech, the UK's fastest-growing private technology companies.  Phlo ranked 13th in the software category, following a year of exceptional growth driven by t

Digital bank OakNorth has advanced an £8.3 million loan to Aberdeen-based property developer Ardent Group to fund a significant holiday accommodation development near St Andrews. The capital will facilitate the development of 21 luxury four-bedroom holiday lodges on a 6.27-acre site at Clashwo

A colossal 243kg bluefin tuna has shattered records at Tokyo’s Toyosu fish market, selling for an eye-watering 510.3 million yen (c. £2.4m) during the first auction of the year. The winning bid was placed by Kiyomura Corp, operator of the popular Sushi Zanmai chain. Its president, Kiyosh

The Association of Chartered Certified Accountants (ACCA) has published the pass rates for the December 2025 exam sitting, marking the largest volume of exams undertaken since December 2021.

Mastercard, Visa, and Revolut have suffered a defeat in London’s High Court regarding the regulation of cross-border interchange fees. The financial heavyweights launched a legal challenge against the Payment Systems Regulator (PSR), arguing that the watchdog lacked the authority to cap the fe

New independent academic research has revealed that Scottish football contributes £820 million GVA to the Scottish economy and supports 14,315 jobs. The assessment from the respected Fraser of Allander Institute at the University of Strathclyde underlines the growing contribution of our nation

The Forth Green Freeport (FGF) has marked a joint agreement which unlocks £25 million of seed funding from the UK government to support reindustrialisation of the Edinburgh, Fife and Falkirk areas, to attract £7.9 billion of private and public investment over the next decade. At the Port