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St Andrews' Old Course Hotel has reported a pre-tax loss £890,000 amid rising revenues, but saw its net liabilities more than double to £9.1 million following increased borrowing from its American parent company, Kohler.

Average monthly mortgage payments in Scotland have fallen by over £140 since the end of last year, signalling improving affordability in the housing market. According to Rettie, the average payment stood at £1,057 at the end of the second quarter of 2025, down from over £1,200 in l

Space Solutions, a workplace design consultancy with specialist capabilities in design and fit out, has moved to employee ownership, with 100% of the business now held in trust. In line with its values of teamwork, accountability and creativity, the company’s leadership team has taken the next

Cox & Co, the Edinburgh-based property and mortgage brokerage, has been acquired by Casa Group, one of the fastest growing property groups in the north of England. The seven-figure deal sees Casa Group, which specialises in residential sales, lettings and property management, expand its presence

Faced with the recent UK government tax changes and further anticipated changes in the upcoming Budget, long-term, diversified investing is the most reliable method for wealth creation compared to holding cash or property, writes Adrian Murphy. With the Budget set for the end of November, it seems a

Simply Asset Finance has announced a major milestone in Scotland, having now delivered £150 million of funding to SMEs in the region since first opening its Scottish office in 2022. Simply has observed strong momentum in Scotland supporting over 900 Scottish businesses to date across key secto

UK Finance has launched a collaborative industry pilot project to deliver the first UK live transactions of tokenised sterling deposits (GBTD).   These tokenised deposits are a digital representation of traditional sterling commercial bank money. They retain the trust and regulatory protections

Glasgow-headquartered Weir Group has announced a binding agreement to acquire Fast2Mine, a Brazilian provider of mine management software (MMS). The move is set to accelerate Weir’s expansion into the South American market and enhance its digital solutions for the global mining industry.

STV reported a pre-tax loss of £200,000 for the first half of the year, a sharp downturn from the £4.8 million profit recorded in the same period last year. The loss was driven by a 16% fall in national linear advertising, contributing to a 10% drop in total advertising revenue to £

Scotland’s Budget for 2026-27 is set to be delayed until 15 January, a move Finance Secretary Shona Robison has described as "unavoidable" due to the late scheduling of the UK government's Autumn Statement. Ms Robison had originally preferred a December date for the Holyrood budget. However, w

HM Revenue & Customs (HMRC) has restarted its controversial Direct Recovery of Debts (DRD) programme, which allows it to take money directly from the bank accounts of certain debtors.

Perthshire's Gleneagles Hotel has seen its profits more than double last year as sales surpassed £100 million for the first time.

The growth strategy of Wbg to double its fee income to £30m in three years and £50m in five has fuelled a record trainee intake, investment in career development and a targeted recruitment drive across its business. Last month saw a doubling of the normal trainee intake joining the firm,

The UK government is faced with a future of difficult tax choices, with an increased likelihood of tax rises to combat mounting public spending pressures and sluggish economic growth, according to KPMG.

Scottish Building Society has renewed and expanded its partnership with Edinburgh Rugby for a further two years. The Society, which has proudly served as Edinburgh Rugby’s main club partner for the past four years, will now extend its backing to cover both the women’s and an expanded pro