Glasgow City Council has committed itself to building 25,000 new homes in the city over the next decade. To be delivered in partnership with the public and private sectors, the announcement forms part of the council’s People Make Glasgow Home housing strategy.
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Scottish output growth is being fuelled by a combination of capital investment - particularly infrastructure spending - and consumer spending, according to the latest Economic Commentary from the University of Strathclyde’s Fraser of Allander Institute. It outlined forecast for GDP growth at 2.5 p
Dundee energy contractor Sustainable Energy Scotland (SES) has called in administrators after mounting debt and market volatility. Managing director Callum Milne told The Courier that the voluntary step to bring in Begbies Traynor, which has resulted in the loss of 40 jobs, had been taken with “re
Andrew Fraser, head of research, financials and fixed income at abrdn, discusses how banks could direct their lending to reverse climate change. “They talk, but they don’t do,” this is how the Queen expressed her frustration with world leaders on the eve of COP26. The same accusati
Scottish-headquartered energy and infrastructure heavyweight Global Energy Group (GEG) has announced a robust set of year-end financials, with revenue climbing to £330 million from £253m the previous year. The Inverness-based group, which recently underwent a major rebranding and strateg
UK fintech startup Ipagoo has been bought up after it entered administration last month. Anglo-Dutch investors Chairman Financial said it has an exclusivity agreement to purchase 100 per cent of the company, in addition to certain assets of its parent company, Orwell Group Holdings.
The Ben Nevis Distillery, which stands at the base of Ben Nevis, saw its pre-tax profits reach £102,617, compared to a loss of £273,202 in 2020. The whisky producer has seen its turnover rise to £7.2 million in 2021, compared to £6.2m in 2020.
Scottish Borders Housing Association (SBHA) has secured a £58 million facility from Royal Bank of Scotland to support investment in current homes and the delivery of 300 new homes over the next seven years. SBHA owns and manages more than 5,600 homes across the Scottish Borders, from Skirling
As Scottish telecoms technology company Calnex Solutions today confirmed its £42m listing on London’s AIM market, Burness Paull's Chris Gotts, lead legal adviser on the Calnex IPO, discusses why more growing businesses in Scotland should follow suit. Traditionally businesses i
Royal Mint has produced an 18-carat solid gold payment card.
Paul Sloane Martin Currie, the Edinburgh-based active equity specialist, has confirmed that Paul Sloane, a highly-experienced Global Portfolio Manager with over 19 years’ investment experience will re-join the business within its well-established and successful Global Emerging Markets (“GEMs”)
Standard Life moved its company pension fund heavily into bonds last year, recording the biggest switch of any FTSE-100 company. New research by JLT Employee Benefits shows the average bond allocation rose to 61 per cent in the year to 31 December 2015, which is equivalent to around £20bn.
Thomas Moore Standard Life Investments’ Thomas Moore has been ranked 41st in the table of 4,017 European fund managers, making him the top Scottish fund manager for a fifth consecutive month.
Insurance broker Bruce Stevenson reported a 30% increase in turnover to £11.7 million and a 33% profit increase to £3.9m for the year ending February 28, 2023. Growth was driven by various specialist areas and new sectors, including life sciences, technology, and risk management.
Glasgow-based construction firm Gap Group has announced that it will boost the pay of 83% of its employees with a £1 million bonus. With the aim of helping employees with the cost of living crisis, the £1m bonus is in addition to existing annual performance and Christmas bonuses and
