The UK economy grew by a stronger-than-expected 0.5% in February, according to official figures from the Office for National Statistics (ONS), significantly outpacing the 0.1% forecast by economists.
The Financial Conduct Authority (FCA) has finalised a simpler UK short selling regime that reduces reporting burdens for firms, while maintaining regulatory oversight.
The Scottish hotels sector proved resilient in February, with both occupancy and gross operating profits rising slightly year-on-year and bucking the trend of the wider UK market, according to the RSM Hotels Tracker.
BDP has completed the interior design of PwC’s new Glasgow office, creating a flexible, sustainable and locally inspired workplace that it said will set a new standard for professional environments in the city.
Dundee-based SPAR wholesaler and convenience retailer CJ Lang & Son Ltd has reported a small rise in turnover to £255 million and a decline in operating profit to £2.5 million.
Edinburgh-headquartered Rhizocore Technologies, a biotechnology company which uses fungi to improve tree growth and survival rates, has secured £4.5 million in investment to scale its innovative approach to forestry and woodland restoration.
Chartered accounting and business advisory firm Saffery is continuing its expansion in Edinburgh after appointing 15 new team members across its corporate tax, accounting and audit divisions.
A total of 115 company insolvencies were registered in Scotland in October this year, the same number as in October 2024, according to the latest UK Government Insolvency statistics.
The government is poised to outlaw the resale of tickets for profit, with measures to be announced this week targeting touts and major platforms such as Viagogo and StubHub.
The Association of British Insurers (ABI) has stressed that the fight against fraud must continue as its annual detected fraud data reveals that £1.16 billion worth of fraudulent general insurance claims were identified in 2024 – a 2% increase on the £1.14bn detected the previous year.