Occupier demand in the commercial property market in Scotland fell flat through Q2 2023, according to the latest Royal Institution of Chartered Surveyors (RICS) Commercial Property Monitor but surveyors appear more optimistic about the market in the three months ahead. A net balance of 2% of respon
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Highlands and Islands Airports Limited (HIAL) has witnessed a positive recovery in passenger numbers, approaching pre-pandemic levels. For the first quarter of the 2023/24 financial year, the group reported a robust 10.4% increase year-on-year. Between April and June 2023, 425,222 passengers travell
Scottish business insolvencies have increased by 19.7% to 292, compared with the first quarter of 2022-23, according to the latest figures released by Accountant in Bankruptcy (AiB).
The British Business Bank is working with Mint Ventures – Scotland’s women-led angel investment syndicate – to improve access to finance for female business owners and to grow the pool of women angel investors. With support from the Bank, Mint Ventures is raising awareness of the o
The EY ITEM Club has more than halved its forecast for UK economic growth in 2024 – from the 1.9% growth expected in April to 0.8% now – in its new Summer Forecast, reflecting higher-for-longer interest rates and stickier inflation. Positively, the economy’s resilience so far this
North Lanarkshire has become the top recipient of international investment among Scottish local authorities over the past two years, bolstered by its strong industrial presence and robust property market.
Approaching its 150th anniversary, Scottish food and drinks wholesalers Dunns Food and Drinks has announced an ambitious growth target. The family-owned company, founded by Joseph Dunn in 1875, aims to achieve a turnover of £50 million by 2025, a significant rise from the £37.5m rec
BrewDog has revealed a major expansion strategy that will triple its bars and hotels operation to approximately 300 venues by 2030.
In celebrating its 10th anniversary, Auction House Scotland is poised to host its 75th in-room auction. Established in 2013 by property investor Ross Harper, it is part of the Auction House UK franchise. Over the years, the company has sold more than 1,800 lots, raising over £119.7 million for
The UK economy shrunk by a lower-than-expected 0.1% in May, partially due to an additional bank holiday for the King's coronation, recent ONS data has revealed.
Carlisle-based accountants, business and financial advisers firm Armstrong Watson, with offices in Dumfries and Glasgow, has been recognised amongst the UK’s most outstanding apprenticeship employers for the second year in a row. The Department for Education ranks the firm 46th this year, impr
Following a decrease in housing demand and supply in June, Scottish house prices are forecasted to remain largely stable over the next quarter, according to the recent Royal Institution of Chartered Surveyors (RICS) Residential Market Survey. The survey, which collates the views of property experts,
A number of major Scottish projects helped contractor and developer GRAHAM achieve a 15% increase in revenue to nearly £1.1 billion in 2022/23, according to its latest financial results. The company generated revenue of £1.094bn, up from £948.3 million in the previous year. Cash at
Stewart Pennington writes about the challenges faced by food and drink manufacturers in the past year due to rising raw material costs, labour shortages, and the impact of Brexit, and discusses various strategies adopted by companies to manage these issues. The last 12 months have been an extraordin
Gillespie Macandrew has announced the appointment of corporate partner and accredited charity law specialist Alan Gilfillan. Having previously completed his legal traineeship with Gillespie Macandrew, he now re-joins the firm from Balfour and Manson with 13 years’ experience advising busi
