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Edinburgh and Glasgow are set to see their local economies be amongst the fastest growing as the UK emerges from recession in the second half of 2023, according to a new study by law firm Irwin Mitchell.

In November, UK credit card borrowing reached its highest level since 2004 as pressure mounts on households from rising living costs.

Shetland Islands Council has announced it has appointed Paul Fraser as head of finance. Mr Fraser will join the Council from 9th January, taking up the post most recently held by Jamie Manson, who took on the role of finance director at Highlands and Islands Airports Ltd late last year.

Scotland’s GDP is estimated to have fallen by 0.1% in Q3 compared to the previous quarter, and increased 0.4% month-on-month in October, according to statistics announced by the chief statistician.

Fleet vehicle graphics firm, OPG, has successfully completed a multi-million management buy-out (MBO) deal thanks to a six-figure funding package from UKSE, alongside input from private investors. Allan Hamilton has been appointed as managing director, taking the reins from Owen Pilling who formed t

The luxury Gleneagles Hotel in Auchterarder has rebounded after two years of multi-million-pound losses posting a £50 million rise in sales.

The Artisanal Spirits Company, curators of single-cask and limited-edition whisky, and owner of The Scotch Malt Whisky Society (SMWS), has extended its agreement with RBS to increase its existing revolving credit facility to £21.5 million (previously £18.5m).

Business advisory and accountancy firm Johnston Carmichael has announced eight new partner promotions alongside eight director level promotions as part of the continued development of its leadership team and succession planning.

A new report has said the outlook for Scotland’s budget in 2023-24 has become more challenging due to factors wholly outwith the control of the Scottish Government, but there are decisions that Deputy First Minister John Swinney can make to ease the path ahead for Scotland. In its pre-budget r

New green jobs have more than doubled in Scotland in the last year, creating a higher proportion than any other part of the UK, according to PwC’s latest Green Jobs Barometer. The second edition of the Barometer reveals that 3.3% of all job adverts in Scotland were for jobs that have a positiv

Aliter Capital LLP has completed fundraising for its second fund, Aliter Capital II, with £134 million committed by investors. From its offices in London and Glasgow, Aliter, a private equity investment specialist in the UK support services sector, is currently pursuing a range of potential in

The chief statistician has released statistics showing that the Scottish economy fell by 0.2% during the third quarter of 2022, covering the period July to September. Monthly statistics also show that GDP is estimated to have contracted by 0.6% in September, with decreases across the construction an

Alba Equity revealed that its members have now invested over £2 million in Scottish companies in three years. Investments by Alba Equity, since it was formed in 2019 by John Duncan and Jock Gardiner, have leveraged a further £40m in investment through their co-investment partnership with

The potential of Argyll and Bute’s unique natural landscape to tackle carbon emissions could be worth millions to the local economy, according to new research.

Link Group Limited’s finances have been graded ‘A’ with a stable outlook by Standard & Poor’s Global Ratings (S&P) and their ratings committee. In its research update released on Monday, November 28, S&P highlighted Link’s very important role as a developer