The people of Annan have enthusiastically welcomed the return of the Cumberland Building Society to the High Street following a three-month closure for extensive refurbishment. The reopening on Tuesday reaffirmed the society's commitment to the town, where it will soon stand as the sole provider of
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Scotland’s space sector will receive a major funding boost to accelerate breakthrough technologies and boost commercialisation, the UK Space Agency has announced at Space-Comm Expo Scotland. Scottish universities will collaborate with partners nationwide to receive a share of £3.8 millio
The Chancellor’s decision to limit cash ISA contributions to £12,000 from April 2027 may be unpopular in a nation that prefers the safety of cash, but it could make a six-figure difference to savings over the long term, according to Murphy Wealth. Analysis from the Glasgow-based firm sug
Ahsan Mustafa looks at the impact the Diligence against Earnings (Variation) (Scotland) Regulations 2024 has had since its introduction, exploring the new protected earnings levels, the economic context driving the reform, and the practical implications for employers and creditors. Seven months have
The EY ITEM Club has upgraded its forecast for UK GDP growth in 2025 from 1% to 1.5% after the economy displayed a greater momentum than expected throughout this year.
Scotland has recorded one of the strongest upticks in startup activity in the UK in the first half of 2025, according to the latest New Startup Index from NatWest and Beauhurst.
Maven Capital Partners has invested £2.6 million in Scottish advanced laser systems pioneer PowerPhotonic. The funding, which follows £2.7m investment by Archangels and Scottish Enterprise over the last 24 months, includes investment from the Maven Income and Growth VCTs and IFS Maven Eq
The Scottish Government consultation on Land and Buildings Transaction Tax (LBTT) reliefs for property funds can level the playing field on tax and let loose new investments into Scottish housing, social investments and net zero, according to several industry organisations.
DFYNE, an activewear brand based in Glasgow, is Scotland’s and the UK's fastest-growing private company, according to the fourth annual Sunday Times 100 rankings. The list is published today online at thesundaytimes.com/100 and available as a supplement with the print edition of the newsp
Jim Rowan, the Glasgow-born tech executive and former CEO of several multinational companies, has thrown his support behind the creation of a Scottish sovereign wealth fund to develop the next generation of business leaders and companies with global potential. Speaking on wealth management firm Murp
The proportion of Scottish small businesses depending on finance to fuel their growth has climbed to an eight-year high, according to new research from Novuna Business Finance. A YouGov poll, which surveyed 1,242 small business owners nationwide, found that 51% of Scottish enterprises would be force
Unity Trust Bank, which supports organisations that create positive social impact across the UK, has published its annual results for 2024, reflecting its strong commitment to housing and healthcare in Scotland. Unity’s overall lending remained at over £1 billion with 50.5% (2023: 45.3%)
Staff costs in Scotland’s hotel sector jumped in January, hitting profits even before April’s rise in employers’ National Insurance contributions (NICs) and National Minimum Wage (NMW), meaning pressures are only set to intensify, according to the RSM Hotels Tracker. The data, whic
Scotland's economy outperformed the UK in 2024, however, a sharp slowdown in consumer-facing sectors during the fourth quarter signals growing household caution amidst economic uncertainty, according to EY. The latest EY ITEM Club Scotland forecast projects a GVA growth of 0.9%. While GDP data
Scottish business confidence has experienced a significant uplift, rising 11 points to 53% in February, according to the Bank of Scotland's latest Business Barometer. While companies in Scotland reported lower confidence in their own business prospects month-on-month, down three points at 50%, their
