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Regional development agency Highlands and Islands Enterprise (HIE) has approved investment of up to £8.3 million in Scottish Government funding for an £18.9m project to develop the East Quay at Port of Nigg in Easter Ross. The project will help the Highlands and Islands economy benefit m

In the fourth quarter of 2020, the Scottish vacancy rate increased to 14.4%, from 14.0% in Q3, meaning one in seven Scottish shops are closed.

Ian Campbell, director and chartered financial planner at AAB Wealth, discusses the future of pensions. The only function of economic forecasting is to make astrology look respectable.” At AAB Wealth we agree with this view by the American economist, John Kenneth Galbraith, particularly in lig

Wealth management business St James's Place has reported a record level of funds under management in the final quarter of last year despite lower net inflows. In an update on the three months to December 31, St James's Place said its closing funds under management increased by 11% to a record &

Investment volumes in Scotland totalled £1.3 billion last year, down from £2.1bn in 2021 and the weakest annual figure since 2012, largely due to the impact of pandemic lockdown measures. But with some sectors performing well, a rebound is expected this year, according to new analysis fr

The Scottish Hospitality Group (SHG) has welcomed the news of a three-month rates relief extension and a reduction in the poundage to 49p, announced in the Scottish Government budget, although it has warned the financial aid for the hospitality industry doesn’t go far enough to suppo

Business confidence in Scotland fell 23 points during January to -32%, according to the latest Business Barometer from Bank of Scotland Commercial Banking.

Record low numbers of Scottish farms being offered for sale helped to buoy the land market last year, according to new analysis from land agency Strutt & Parker.

Eight luxury homes costing at least £1 million have been brought to the marked by Cala Homes in Edinburgh.

In the final quarter of 2020, angel syndicate members of LINC Scotland, the national business angel association, invested more than double the amount posted in quarter three. This brought total investment by the syndicates for the year to £25.0 million, just a little short of the £26.9 m

Speyside Distillers have revealed plans for a new single malt whisky distillery as part of its plans for expansion.

Lloyds Banking Group, which owns Halifax and Bank of Scotland, has introduced new home-mover house purchase mortgages for borrowers with deposits as low as 10%. The deals will expand the banks’ low deposit offering beyond only first-time buyers, to existing homeowners looking to move.

Glasgow-based investment business Nevis Capital has said it is keen to invest in more businesses despite the economic uncertainty caused by COVID-19. The firm, which was founded by John and James Pirrie, said the uncertainty caused by COVID-19 and Brexit made 2020 an especially difficult year t

The Financial Conduct Authority (FCA) has asked banks and lenders to reconsider branch closures during the current coronavirus crisis. The watchdog has said banks should consider the impact of bank closures on customers and said that where they are unable to meet the expectations of its Principles F

Subway is facing a claim that its tuna sandwich does not contain tuna.