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A London property fetched a whooping £37.5 million becoming the most expensive UK property sale in Q2 2022. Located in at 15 Phillimore Gardens in Kensington, the two-bed house went on sale in May. The semi-detached property was valued at £1.7m in 2002 but has massively increased in valu

Deliveroo has reported a £147.3 million pre-tax loss in its interim results, up 54.4% from £95.4m for the same period last year. The results announcement comes as the takeaway giant losses Lord Simon Wolfson from its board.

Edinburgh-based Baillie Gifford released annual results for its US Growth Trust, which has £785 million AUM, showing a -45% return over the past financial year.

Glasgow firm N4 Partners (N4) has announced the appointment of Gordon Merrylees, the former managing director of Entrepreneurship for NatWest, RBS and Ulster Bank, as the firm readies itself for the launch of a new investment fund targeting entrepreneurs and early-stage businesses based in the UK. I

Springfield Properties has submitted a planning application for a sustainable and innovative information centre and new show homes at Durieshill, Stirling. The village is one of Springfield’s largest developments and will see around 3,000 homes delivered over the next 30 years, creating a thri

FinTech Scotland has signed a partnership agreement with Finance Isle of Man to promote and develop insurtech and fintech capabilities across the two jurisdictions, with the intention to boost economic and business co­operation and investment. They will work together to stimulate education, recr

HMRC has been ordered to pay a disabled employee £20,000, following an employment tribunal ruling. Hamish Drummond, who suffers from unexplained bouts of dizziness and fainting, took his claim to the tribunal after his employer, HMRC, stopped him from submitting an application for a senio

Aberdeenshire-based timber manufacturer, Kirkwood Timber Frame, has secured £12 million worth of new business in its first year of trading. Initially launched after a £2m investment from its sister company Kirkwood Homes, the company has attained projects ranging from social and private

Scotland-based integrated forestry business BSW Group has acquired a stake in Bradford-based shed manufacturer Power Sheds, which since launching in 2019 has grown turnover to over £15 million becoming a strong player in the sector. Founded in 1848 in Berwickshire, BSW was acquired by glo

Demand for residential housing in Scotland continues to ease, but the lack of supply is still driving house prices up, according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey. In July, a net balance of respondents reported a decrease in new buyer enquiries;

The last Domino's locations in Italy have now been closed after the country's franchise operator ePizza SpA filed for bankruptcy. The firm operating the brand's Italian operations was forced into insolvency after being unable to recover from the effects of the pandemic. The company initially filed f

The UK’s largest regional airline has thrown its weight behind the Inverness and Cromarty Firth Green Freeport bid and said the Scottish Highlands can provide a “key building block” in the drive to decarbonise the country’s air transport system.

McCrea Financial Services has selected Common Wheel as its nominated charity for the year ahead. The Glasgow-based financial advisory firm recently held its 12th Annual Charity Golf Day, while five staff members also took part in the Glasgow Kiltwalk, which combined has already helped the fundr

Employees at stricken McGill, the Dundee-based contractor, have contacted our sister publication Scottish Construction Now to raise concerns over their pensions - alleging that pension contributions deducted from some employees' wages have not been paid into the designated pension fund and clai

Glasgow’s west end will be home to Scotland’s first specialist 'Pastelaria' bakery after it received a £40,000 loan. The Portuguese-style bakery, 'Pastéis Lisboa', run by entrepreneurial couple Emma Airley and Sebastian Bacewicz, is opening this week on Byres Road.