News

Postmasters whose convictions have been overturned by the Post Office Offences Act can now apply to the Horizon Convictions Redress Scheme, including those in Scotland. The scheme aims to ensure that postmasters receive redress without unnecessary bureaucracy.

Detached homes are the most popular among people moving home as buyers seek more privacy and space, according to the latest Lloyds Bank Home Mover Review.

Edinburgh-based golf technology company, Shot Scope, has secured $8.5 million (c. £6.6m) in a Series B funding round. Led by Guinness Ventures, the funding will fuel Shot Scope's global expansion, allowing the company to offer its subscription-free, performance-enhancing technology such as GPS

Bus operator McGill’s Group has made new appointments and changes to strengthen its senior leadership team, with Robbie Drummond CA joining as finance director. Mr Drummond has also been appointed company secretary. He is a Chartered Accountant who in recent years has led and transformed trans

Irn-Bru maker AG Barr has reported strong sales growth for the first half of the year, driven by the success of its soft drinks brands, particularly Irn-Bru, during the Euros. Revenue for the period is expected to be around £221 million, a 5% increase compared to the same period last year.

Angus Council has launched its small to medium enterprise (SME) Start and Grow Business Grant Scheme. Funded by the UK Government’s Shared Prosperity Fund, grants ranging between £500-£7,000 are available to eligible businesses to offer financial support under six key themes:

A Scottish primary school teacher has gone from being forced to take a career break due to long Covid to picking up a national award for her new music and movement franchise. Mairi Curle took on franchise business Boogie Beat for Edinburgh, Mid and East Lothian at the beginning of 2023, having taken

Drinks giant Diageo has reported its first decline in global sales since the pandemic, however, the UK defied the trend, thanks to a surge in popularity of Guinness and related products. Sales of Guinness and its variants, such as Guinness 0.0 and Nitrosurge, soared in the UK, leading to a 5% increa

St James’s Place (SJP), the UK's largest wealth manager, has staged a dramatic comeback after a turbulent period. Despite a plummeting share price, since 2022, and a £426 million customer refund scandal, SJP's newly announced £500m cost-cutting programme and better-than-expected ha

The rules governing financial services could be streamlined to reduce burdens on businesses, following a review launched by the Financial Conduct Authority (FCA). The move comes after the introduction of the Consumer Duty, which makes sure that businesses deliver good outcomes for consumers when the

The number of companies in Scotland filing for administration during H1 2024 has dropped by 15% compared to the corresponding period last year, according to figures from Interpath Advisory. Analysis of notices in The Gazette by Interpath shows there were 28 administrations in Scotland in the first s

The Financial Reporting Council's (FRC) Annual Review of Audit Quality revealed a disappointing performance from BDO and Forvis Mazars, whose audit results fell significantly below expectations. The results are based on a risk-based sample of the audits undertaken by 'Tier 1' audit firms, which

A fund to help businesses, charities and other organisations adopt fair work practices has opened for applications and has been launched at McAllister Litho Glasgow. Grants are available to implement changes such as the delivery of workplace training and processes that support flexible working and h

Aberdeen-headquartered Spirit Energy has appointed Nick Harrison as CFO. Mr Harrison joins the firm with more than three decades of experience working within the energy sector, having previously held positions with Repsol Sinopec, Talisman Energy and Shell.

Aberdeenshire-based engineering firm Brimmond has posted a 74% increase in turnover for 2023-24, reaching £11.4 million – surpassing its forecast of £10m. A number of high-value contract wins across multiple sectors have contributed to this exceptional financial position: