A Japanese man has made headlines with his unique property investment strategy which has earned him rental income worth ¥140 million (c. £726,000) from 200 run-down houses he has bought over the past few years. Since childhood, Hayato Kawamura, a 38-year-old from Osaka, has been fascinated
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Almost half of people in Scotland do not believe higher levels of personal taxation provide value for money for public services, according to a new poll by Survation for True North Advisors. Only 32% of people surveyed believed having higher income tax rates than the rest of the UK had delivered bet
The flagship Inch Cape Offshore Wind Farm project has reached financial close raising more than £3.5 billion of funding, the equal joint owners ESB and Red Rock Renewables announced today. K2 Management (K2M), part of global wind engineering and advisory consultancy Ramboll, provided Lender&rs
Legal & General (L&G) has acquired a prime purpose-built student accommodation (PBSA) scheme in Edinburgh's Fountainbridge area for more than £35 million. The PBSA, Lower Gilmore Place, has been acquired off market by L&G’s Managed Fund from Glencairn Properties. Knight Frank
Scotland's local authorities are grappling with significant financial strain, necessitating urgent transformation to ensure sustainability, the Accounts Commission has revealed. While councils managed to bridge a £759 million budget deficit in 2023/24, this required deeper cuts and reliance on
Matthew Aitchison discusses the implications of the proposed changes to Scotland's rent controls for the PRS market. Few policy changes in the property sector have received more attention than the rent controls and eviction ban originally introduced as a temporary measure in late 2021. There has bee
Highland Heritage Woodworks (HHW), a sustainable timber supplier and bespoke carpentry firm, is poised for growth after receiving a £100,000 grant from Scottish Enterprise. The funding supports a £250,000 project to establish a sawmill on the Dunecht Estate in Aberdeenshire, enhancing th
Glasgow city centre has experienced a significant surge in food and beverage (F&B) activity in 2024, with 34 new openings marking the highest volume in over six years – a 25% increase compared to the previous year – according to Savills. Nearly 90% of these openings were local indepe
Walker’s Shortbread has reported a 19.5% year-on-year growth in festive sales, driven by a six-figure, multi-channel marketing campaign that highlighted the joy of sharing shortbread during Christmas and New Year.
Entrepreneurial Scotland is seeking ambitious business leaders to join the fifth cohort of its highly regarded peer support programme, The Exchange, launching this March. Since its inception, The Exchange has brought together Scotland's founders, directors, and CEOs to connect, collaborate and grow
The biggest banks’ most flexible easy access accounts now sit in the bottom quartiles of the market, while, in contrast, some of their fixed rate bonds on offer sit in the top quartile, according Moneyfacts. The analysis from Moneyfacts Consumer Duty Audit Tool for Savings shows that, despite
First Minister John Swinney has signed an updated Partnership Agreement with the City of London Corporation. The agreement focuses on shared priorities, including securing investment in Scotland, advancing new technologies, funding nature projects, and promoting Scotland’s financial sector glo
Changes to the VAT rebate scheme for the heritage sector would better safeguard the country’s fragile historic attractions, widen public access, and provide an economic boost, according to new findings.
Aberdeen City Council is offering a one-time grant of £500 to individual local businesses that want to show their support for Spectra – Scotland’s Festival of Light – when it returns to the city next week. Spectra, runs from Thursday 6 to Sunday 9 February and will see Aberde
Ayrshire-based Wilsons Pet Food, one of the longest established pet food companies in the UK, has secured a £1 million investment from the Investment Fund for Scotland (IFS), managed by Maven Capital Partners and delivered by the British Business Bank. The company specialises in cold-pressed d