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Scotland’s hotel sector saw a seasonal decline in demand and room rates during January, but the slow start to the year is set to be exacerbated further by the upcoming national minimum wage (NWM) increase in April, according to the RSM Hotels Tracker. The data, which is compiled and produced b

One of Scotland’s largest independent care home operators is expanding following a £63 million funding package from HSBC UK.

The Highlands and Islands Airports Limited (HIAL) board has announced the appointment of Paul Kelsall as its new chief executive officer. Mr Kelsall, who has a wealth of knowledge and extensive experience in the aviation sector will join HIAL on 20 May 2024.

Scottish pensions solutions provider Yorsipp is celebrating International Women's Day this week by showcasing the leadership of its managing director Kirsty Gallagher. Ms Gallagher's journey with the company, which began in 2006 as the office manager when the business consisted of only 5 individuals

EY has identified the Energy Profits Levy as a hindrance to investment, leading Aberdeen to experience the slowest economic growth in the UK, with an anticipated average GVA growth rate of 0.8% from 2024 to 2027.

STV Group has reported a 22% year-on-year drop in operating profit, attributing the decline to a challenging TV advertising landscape and inflationary cost pressures. The group also announced that CEO Simon Pitts will step down in the next 12 months to start a new appointment in Q1 2025. The board h

Energy regulator Ofgem has ordered electricity generator Dorenell Windfarm Limited (DWL) to make a payment of £5.53 million following a breach of energy market rules. Following a period of engagement with Ofgem, DWL, who generate electricity in Northern Scotland, will pay £5.53m into Of

Equity investment in Scotland’s smaller businesses nearly halved last year but was still ahead of the UK average and on track to record the third highest annual figure in the last decade, according to new research from the British Business Bank. The Bank’s Small Business Finance Markets

Savills has raised record £71 million from the sale of 350 lots at its first-ever two-day live-streamed auction on 27 and 28 February. The auction achieved 74% success rate. The auction showcased a surge in demand for higher value lots, with 13 lots selling for over £1m. Savills has

The small proportion of women running companies in Scotland must be addressed as a matter of urgency, Wellbeing Economy Secretary Màiri McAllan has told business leaders. Addressing Edinburgh Chamber of Commerce’s Annual Business Awards, Ms McAllan said the fact that only just over one-

Entrepreneurial champion Dr Andy Campbell has been appointed as chair of Young Enterprise Scotland. He will take over from long-standing chair Bill McDonald, who has completed six years in the role, on 13 March.

The latest iteration of PwC’s Women in Work Index sees Scotland rise two places to rank top of the UK’s nations and regions. First launched in 2011, the Index is a weighted average of five indicators that reflect women’s labour market outcomes and assess progress made towards achie

Businesses have judged the UK tax regime negatively for its impact on four key economic issues – business growth, innovation, sustainability, recruitment and retention – according to the latest Azets Barometer. The UK scored an average of below 5 (on an optimism scale ranging from zero t

Continuing from last week's blog, Michael Reid, a licensed insolvency practitioner and managing partner of accountancy firm MHA, discusses common questions faced by directors seeking advice, addressing topics such as buying company assets during liquidation, the court-driven nature of the proce

ESPC has announced the launch of the third season of its podcast The ESPC Property Show, with the first episode launching on Thursday. Hosted by ESPC’s CEO Paul Hilton and Megan Milne, the third season of The ESPC Property Show is packed with episodes tailored to buying, selling, owning, and m