News

EY has been accused of misleading the Financial Reporting Council (FRC) over its audit of NMC Health, as the £2 billion negligence trial concerning the collapsed hospital operator nears its conclusion.

The UK is in a fiscal bind and it is likely that the Chancellor Rachel Reeves will return with another tax-raising Budget on 26 November, according to the Institute of Fiscal Studies (IFS). One much-asked question is whether Ms Reeves will be able to raise large sums without breaking Labour’s

Social Investment Scotland (SIS) has maintained its strong impact momentum with £52.5 million in active loans and investments to social enterprises, charities, community groups, and mission-led businesses during the past year. Its latest annual Impact Report revealed total active loans and inv

A regional social media team for the cryptocurrency exchange Backpack made an unusual offer to traders who lost significant sums during a market flash crash last Friday: 200 KFC meal vouchers.

Edinburgh-based Label Sessions and Future Fashion Assembly have announced a global-first collaboration to support fashion, sports and lifestyle brands through a time of significant transformation.

Aberdeen print and sustainability specialist Carbon Group is on track to top £4.5 million in turnover, a 20% increase on the previous year's £3.8 million. The performance is being driven by a series of major contract wins, long-term client renewals, and successful expansion into new mark

A Shetland-based craft business has improved its online presence after accessing tailored support from Business Gateway. Uphouse Crafts, founded by Andrea Leask in 2019, is based in Aith on the Westside of Shetland and sells hand-sewn purses, bags and keyrings, as well as greeting cards featuring he

VAT advisory firm VITA has strengthened its senior team with the appointment of indirect tax specialist Elaine Shepherd as a partner. Based in Aberdeen, Ms Shepherd took up her new Aberdeen-based role on 1 October 2025.

Benbecula Distillery – one of Scotland’s newest whisky producers, based in the Outer Hebrides – has secured a £1.5 million investment boost from the British Business Bank’s Investment Fund for Scotland. Delivered via Maven Capital Partners, the deal represents the fund&

A Deloitte survey has revealed that UK Chief Financial Officers (CFOs) are facing a dual threat of soaring operating costs and record-high concerns over the nation's competitiveness.

Cooper Parry (CP) has continued its private equity-backed growth acceleration with the acquisition of Aberdeen-headquartered accountancy firm Hutcheon Mearns. This marks CP’s sixth deal since partnering with New York-based private equity firm Lee Equity Partners earlier this year. The deal pus

Wbg has appointed Gordon McIntyre as insolvency director based in its Glasgow office. With extensive experience in all forms of corporate insolvency procedures (administrations, court winding up orders and creditor voluntary liquidations) across a broad range of sectors, including manufacturing, com

A man searching for fishing bait near his summer house in the Stockholm area has unearthed one of Sweden’s largest-known medieval silver hoards. The trove, weighing approximately six kilograms, contains thousands of silver coins, rings, pendants, and beads believed to date from the 12th centur

The International Monetary Fund and the Bank of England have become the latest major financial institutions to warn that the global stock market is at risk of a significant correction should investor enthusiasm for artificial intelligence cool. Speaking ahead of the IMF's annual meetings, chief Kris

Eden Mill has cut the ribbon on its landmark new distillery and visitor centre on the banks of the Eden Estuary, just outside the historic Home of Golf. The multi-million-pound site combines modern sustainability with Scotland’s rich distilling tradition to create a new, world-class destinatio