Canadian investment firm Avialliance is set to acquire AGS Airports, owner of Glasgow, Aberdeen, and Southampton airports, in a deal worth approximately £1.53 billion. Avialliance, the airports platform of Public Sector Pension Investment Board (PSP Investments), will take over from the Ferrov
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Blackadders has posted a 6% rise in profit and 1.4% growth in turnover, for the combined income its law and wealth management operations, in the latest fiscal year (2023/24), as it positions itself to make the most of AI integration and to hit growth targets. The combined turnover for Blackadde
Enquiries from prospective homebuyers and newly agreed home sales in Scotland have risen at their fastest rate in several years, according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey.
Wbg has warned that budget changes are setting the stage for a harsh blow to employers, with implications that could shake the foundations of many industries. With the current Employer National Insurance Contributions (NIC) rate of 13.8% set to rise to 15% in April 2025, Craig Allison, associate dir
Glasgow-headquartered pensions and SIPP provider @sipp has appointed Josh Legg as business development manager as the firm presses ahead with its growth strategy. Mr Legg, who has 12 years of experience in the SIPP and SSAS industry, has joined @sipp to support advisers in navigating the complex ret
Vishal Chopra, who took over from James Kergon as senior partner for KPMG in Scotland, has revealed a new-look senior leadership team. Mr Chopra now oversees a team of more than 900 people across KPMG’s offices in Glasgow, Edinburgh and Aberdeen. He stepped into the role after having most rece
Wbg has opened a new office in Prestwick to offer expert business advice to local companies. Located at 104 Main Street, the office is serviced by a dedicated senior team which includes business advisory director Andrew Flinn. The team will be supported by the Wbg partner group who are looking forwa
Almost a third (31%) of Scots are putting away more money now than they were two years ago, according to Scottish Friendly. The Family Finance Tracker, conducted by the Centre for Economics and Business Research (Cebr) on behalf of Scottish Friendly, provides a comprehensive examination of the savin
The average selling price of property in Edinburgh, the Lothians, Fife and the Borders has grown to £288,071 during August-October 2024 – a 5.3% year-on-year increase – according to ESPC. The Borders saw its average rise 9.5% to £229,480, while Edinburgh’s average jumpe
Innovate UK has opened Round 2 of its Launchpad funding programme, offering support packages ranging from £25,000 to £1 million to businesses in Scotland's burgeoning bio-based manufacturing sector. A total investment of up to £5.25m is being channelled into the Launchpad for Scotl
Scotland Food & Drink has strengthened its board with the appointment Stuart McCallum CA and John Dalley CA as non-executive directors. Mr McCallum, currently a partner with RSM based in Glasgow and Mr Dalley, previously finance director at Scottish & Newcastle International and CFO of Scotm
Nicky Lloyd discusses how the Edinburgh rental market has performed after the first six months of changed legislation. October marked the first six months of the changed rental landscape in Scotland, following on from almost two years of the restrictions put in place on tenancies by The Cost of Livi
Corporate insolvencies in Scotland have risen by 10.6% in Q2 2024-25 (July to September) compared to the same period last year, reaching 313. This increase is primarily driven by Creditors' Voluntary Liquidations, suggesting businesses are struggling despite recent economic growth. Personal insolven
Amazon has invested over £3.5 billion in Scotland since 2010, generating an estimated £3bn for the Scottish economy, according its latest Economic Impact Report. The figures are taken from the latest Amazon Economic Impact Hub, which details the investments made by Amazon across the UK s
Handelsbanken has strengthened its position in Edinburgh with a move to new branch premises in the city’s west end. This supports the bank’s continued growth in the city, and follows recent appointments bolstering the team’s presence.
