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Aberdeen-headquartered, global energy sector mechanical engineering company, EnerMech has opened its first facility in Ireland, investing €9.2 million (£8m) and creating approximately 170 jobs opportunities over the next three years. The base cements the integrated solutions speciali

Johnston Carmichael has bolstered its specialist support for entrepreneurial businesses and investors with a new head of entrepreneurial tax based in the Central Belt. Joining from French Duncan, Stephen Oates has more than 17 years’ experience in tax, with significant expertise in workin

The outcome of the Scottish Government’s Emergency Budget Review will be set out to Parliament within two weeks of any UK Government Emergency Budget, Deputy First Minister John Swinney has said. Liz Truss could hold an emergency budget or other fiscal event after taking office in an attempt t

As inflation reaches 10.1% in the UK, mid-sized business leaders in Scotland are bracing for the impact of further financial strain, with more than 1 in 4 respondents to Grant Thornton UK LLP’s August Business Outlook Tracker saying they would not have sufficient working capital to manage infl

Savills, on behalf of a private client, has completed the sale of the long leasehold of Mercure Perth Hotel in Perth, Scotland, to S Hotels and Resorts plc, owner of Jupiter Hotels, off a guide price of £2.25 million. The property has an unexpired long leasehold term of 46 years. The Mercure P

Annual UK house price growth slowed to 10.0% in August, from 11.0% in July, according to the latest Nationwide House Price Index.

Scotland's fintech innovation space has been given a significant boost with the announcement that FinTech Scotland has achieved a new level of cluster excellence accreditation. The accreditation, which is the highest level achieved by a fintech body in UK and Europe, comes at a time when economic cl

The Institute of Directors (IoD) Scotland has announced Catherine McWilliam as the new director of nations - Scotland. Ms McWilliam has a decade of experience working in the Scottish business and third sectors, including roles responsible for corporate communications, membership management and profe

The Edinburgh Tram Inquiry is set to exceed £13 million in costs. A projection from Transport Scotland indicates that the cost will reach £13,100,812 by the end of this financial year.

New research has revealed widespread anxiety and pessimism about Scotland’s economic outlook. The key findings of the research, produced in partnership between the David Hume Institute and the Diffley Partnership, on economic attitudes and behaviours are:

Measures to protect living standards, assist retailers to keep down shop prices, and help retail destinations rebound should be at the heart of the upcoming Scottish Budget, according to the Scottish Retail Consortium (SRC). 

Ahead of the new energy price cap announcement by Ofgem on Friday 26th August 2022, the Scottish Chambers of Commerce (SCC) Network has proposed urgent actions for the Scottish and UK Governments to tackle the cost crisis and support businesses. The SCC Action Plan for the Scottish Government to sup

New figures show Scotland’s public finances are recovering from the coronavirus pandemic faster than the UK as a whole. The Government Expenditure and Revenue Scotland (GERS) 2021-22 statistics show Scotland’s deficit fell by 10.3%– compared to a drop of 8.4% for the UK.

Andrew Diamond, partner and head of residential property at Lindsays, reveals how ‘subject to purchase’ bids hold potential for unlocking opportunities to bring more homes on to market as well as greater buying power. Contract clauses which make home sales subject to the seller buying th

Hopes of a small business-led economic recovery from the pandemic may be under threat, according to the SBI report for Q2 2022 from the Federation of Small Businesses (FSB), which is published in full today.