Scottish hotels outperformed the rest of the UK in June, with occupancy and profits exceeding the national average, according to RSM UK. The success was driven by Taylor Swift's Eras tour, alongside improving consumer confidence.
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Perth-headquartered Indian ready meal producer Praveen Kumar has secured a £400,000 investment from the Investment Fund for Scotland (IFS), Equity Finance fund managed by Maven Capital Partners and delivered by the British Business Bank. Founded by husband and wife Praveen and Swarna Kumar, bo
Stronachs has announced that partner and head of private client Jaclyn Russell has been awarded a dual accreditation from the Law Society of Scotland. Ms Russell has been accredited as a specialist in private client tax and trusts law, becoming one of only four solicitors in Scotland to hold this du
Gilson Gray partner Stephen Dick calls for better collaboration to boost the number of newbuild completions in Scotland and hopes the new Labour UK government will provide a potential positive influence. While the impact will largely be seen south of the border, the new Labour government has pr
AAB has further expanded its virtual finance function (VFF) service with the appointment of Aberdeen-based Niall Pirie as VFF partner. Based in Aberdeen, Mr Pirie, who has led finance functions across a range of business sizes and types, brings 24 years of financial experience to the
An Airbnb host has been forced to add a new rule to her listings – no cryptocurrency mining – after guests ran up a $1,500 (c. £1,175) electricity bill during a three-week stay.
A new method to extract valuable bio-based chemicals from whisky distillery waste streams could transform manufacturing and be worth up to £90 million in global chemical manufacturing markets.
Scottish accounting, tax, and audit firm Wbg has doubled its headcount to a 21-strong team over the last two years. This is a direct result of significant growth achieved by the firm’s internal audit division over recent years, including a number of new clients since the start of 2024 yielding
Hargreaves Lansdown, the FTSE 100-listed investment platform, has agreed to a £5.4 billion takeover offer from a private equity consortium led by CVC Capital Partners. Pending shareholder approval, the deal will pay £11.40 per share, with the founders, Peter Hargreaves and Stephen Lansdo
Edinburgh-headquartered private bank Hampden & Co has reported significant demand for personalised banking over the first half of 2024 as deposits, lending and client numbers all grew by double-digits. Total deposits across current, call, notice and term accounts increased by 15.8% year-on-year
Edison Capital’s Eden Homes is set to build over 150 new homes across Scotland’s west central belt for a gross development value (GDV) of £64 million over the next two years – with 53 units already underway.
The Cumberland Building Society has joined the National Association of Commercial Finance Brokers (NACFB) as a patron. This partnership aims to strengthen support for hospitality businesses, particularly those offering room-led accommodation. The society specialises in mortgages for a variety of bus
Executive pay at the UK's largest companies continued to climb in 2023, with the median FTSE 100 CEO earning a record £4.19 million, according to High Pay Centre. This represents a 2.2% increase from the previous year, a slower pace compared to the post-pandemic surge. While the median CEO now
Fife builder Muir Homes is to pivot away from the north east in favour of a central Scotland focus in an attempt to return to profitability and long-term growth.
Macdonald Henderson has advised Turnkey IPS, a provider of software solutions to the insolvency industry, on an investment by Bowmark Capital, a private equity firm. Established by Dr Barry Wood in 1980, Turnkey has grown to become the market leader for corporate restructuring and insolvency softwar