A new Economic Strategy that sets out Fife’s approach to growing a stronger, greener and fairer economy was approved by councillors yesterday. Fife’s Economic Strategy 2023-30 is set to tackle long-standing economic challenges and improve wealth distribution so that more wealth is genera
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Property management firm LOMOND has expanded its footprint in Scotland with the acquisition of Purplebricks' entire Scottish rental portfolio for an undisclosed sum. All properties under the deal will transition seamlessly to Lomond's primary Scottish subsidiaries – DJ Alexander, which op
The power of AI to disrupt and cause chaos was witnessed on Monday this week when a realistic AI-generated image of an explosion at the U.S. Pentagon circulated on Twitter.
New research by Scottish institutions ACCA (Association of Chartered Certified Accountants) and the University of Glasgow’s Adam Smith Business School highlights a shortfall in the disclosure of research and development (R&D) spending by over half (53%) of surveyed organisations. Despite f
Orkney-based friends and business partners, Baillie Rorie and Gavin Pirie, who set up a CCTV business on the island last year, continue to go from strength to strength, following support from Business Gateway. R & P Networks Ltd is a CCTV Technology company located in Kirkwall, which launched in
The Scottish Land Commission (SLC) has warned that local communities, family farms, and smaller businesses are at risk of being priced out of Scottish rural land, as it is increasingly sought after by forestry interests, natural capital investors, and corporate buyers, becoming a scarce commodity. T
Scotland's shops and eateries have experienced a decline in business rates, following the Scottish Government's revaluation which commenced last month, resulting in an approximate 10% reduction in business rate bills. The largest decreases are seen in bigger establishments, with retail bills droppin
A new operator for the Belmont Cinema in the city centre could be sought after a market testing exercise takes place to robustly test the venue’s potential within the sector.
Livingston-based high performance timber windows and doors manufacturer NorDan UK has announced a record 34% increase in turnover for a single year in 2022. This has included significant growth in the UK social housing market, with social landlords increasing their purchase of NorDan products by 11%
Glasgow-based affordable loans firm, Scotcash, has announced the termination of its lending services, citing a challenging economic, regulatory, and funding environment. The company, supported by Glasgow City Council, Wheatley Homes Glasgow (formerly Glasgow Housing Association), ng homes, Royal Ban
Land Rover Experience Scotland, based in Dunkeld, Perthshire, has transitioned to an employee-owned business structure, providing its staff with an 83% share in the company via the creation of an employee ownership trust (EOT). This move to employee ownership came after the company sought advice fro
During Mental Health Awareness Week (15-21 May) new data has shown that almost two thirds (61%) of mid-market business leaders say the uncertain economic climate is negatively affecting their stress levels and mental wellbeing. Grant Thornton UK’s bi-monthly Business Outlook Tracker research,
Scottish healthtech firm IbisVision has raised £4.5 million in growth funding to expand its remote eye test platform into the US and EU markets. The company plans to use the funding to double its workforce and open an office in Fort Lauderdale, Florida. IbisVision anticipates a surge in US sal
Savers across Scotland have seen their finances take a hit over the last 12 months with the vast majority of Scots (85%) seeing the increased cost-of-living directly impacted their finances, according to latest researched by Scottish Building Society. The new survey takes into account the responses
A growing network of coworking hubs in Scotland has the potential to inject millions of pounds into local economies, according to research from The Melting Pot, an Edinburgh-based coworking complex. Coworkers in Europe are estimated to spend around £9 per day at local businesses while using co
