News

Accountancy and business advisory firm BDO, has moved into new 8,000sq ft office premises in Glasgow, after signing a 10-year lease, as part of its ongoing plans to expand its Scotland team and business. More than 130 of its team will based at 2 Atlantic Square location. The move forms a key part of

New research by CBI Economics, conducted on behalf of the CBI and its retail members, reveals retail and wholesale activity is now worth £352 billion a year to the UK economy. According to the research, urgent reforms to the UK’s outdated Business Rates system and inflexible Apprenticesh

According to a survey by Choice Quote, 17% of motor trade employers in Scotland have already let staff go, with a further 58% considering making cuts to their staff before the end of the year, a further 42% are planning to lay off workers by the end of 2022. Of those surveyed, increased petrol price

Bathgate-headquartered baggage courier firm Eagle Aviation has landed a major acquisition that will now see it cover the majority of airline contracts at Heathrow as it consolidates its UK market dominance. Eagle Aviation has purchased the business and assets of Groundcare Solutions (UK) Ltd, a Lond

Investments in fast-growth Scottish businesses cooled slightly over the summer as economic challenges and an impending global recession saw investors take a more cautious approach, according to KPMG’s latest Venture Pulse Survey. Scotland’s scale ups attracted £117m of venture capi

Santander has announced it will start capping bank transfers to crypto exchanges starting this month. Following warnings from the Financial Conduct Authority (FCA) on the risks of investing in cryptoassets, the bank has been gradually taking more steps to reduce the risk to consumers falling prey to

An all-inclusive holiday in Egypt has been advertised as cheaper than living in the UK this winter amid rising bills. The 28-day 'Escape the UK' holiday launched by easyJet holidays is priced at £650 per person per month, which includes travel, accommodation, food and costly outgoings like bro

The first 200 casks of Dunnet Bay Distillers’ Stannergill Whisky have been put on sale by Whisky Hammer. The Caithness-based distillery, which produces the internationally renowned Rock Rose Gin and Holy Grass Vodka, has just announced a £4m expansion into whisky, partnering with Ellon-b

Experienced cybersecurity and international B2B Software as a Service (SaaS) CFO, Mark Wheelhouse, has joined Cyacomb’s senior leadership team. Based in Edinburgh, Cyacomb is an online safety company that specialises in harnessing the power of data and technology to help law enforcement, socia

Nearly £900m pounds (£895m) was invested into businesses in Scotland by private capital firms in 2021, a new report has set out.

Profit warnings issued by UK-listed companies with a defined benefit (DB) pension scheme increased by 38% year-on-year in the third quarter of 2022. EY-Parthenon’s latest Profit Warnings analysis finds that the number of profit warnings issued by UK-listed firms with a DB scheme rose from 13 i

West Lothian has the highest rate of successful Start Up Loans applications per adult in Scotland, laying its claim to being the country’s most entrepreneurial local authority area, according to new analysis by the British Business Bank. Released to mark the beginning of Business Finance Week,

Executive pay levels at FTSE 100 companies have largely returned to pre-pandemic levels, PwC analysis following the end of the 2022 AGM season shows.

Dundee-based sustainable cleaning product manufacturer and supplier, Ecoanolytes, trading as Dew, has secured six-figure investment, supported by Thorntons’ specialist high growth team. The funding, worth £400,000, will enable the business to progress its ambitious growth plans following

Scottish mid-tier accountancy & business advisory firm French Duncan has appointed Colin Brown as tax director. Mr Brown joins a 22 strong tax team at French Duncan, and will advise clients in the UK and overseas on a range of private tax matters. He brings over 25 years’ experience and hi