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Anders Holch Povlsen, the Danish fashion magnate, has been named the wealthiest person in Scotland, according to The Sunday Times' latest Rich List. This year's Rich List, the 35th annual edition, displayed a marginal decline in the number of UK billionaires, down to 171 from 177 in 2022. However, t

Scottish business sentiment has reached its highest level since 2021, according to the latest Addleshaw Goddard Scottish Business Monitor report. Despite the majority of firms expecting weak growth, nearly all sectors reported an improvement in business volume in the most recent quarter. With energy

A type of relaxation therapy popular among A-list celebrities has arrived in Glasgow with the opening of the city’s first floatation spa — Float One. Launched by an entrepreneurial couple, Alex Robertson and Mhairi Caulfield, the centre will house four state-of-the-art floatation po

The year has gotten off to a good start for employee ownership as three Scottish businesses implemented an Employee Ownership Trust (EOT), safeguarding the long-term future of their companies, retaining jobs, skills and investment. SVM Glasgow, Stoneywood Care Services in Denny and Oliver Chapman Ar

Foreign nationals who are in the UK on sponsored visas find themselves racing against the clock following a redundancy, but employers also bare responsibility, writes Kelly Hardman. Global companies across a swathe of sectors, including finance and technology, continue to announce job cuts and many

The Post Office generates an economic impact of £292 million, and has a particularly strong per capita impact originating from rural constituencies in Scotland such as Ross, Skye and Lochaber, and Argyll and Bute, according to a new independent report by London Economics.

A canvass of views from Alliance Trust’s team of nine stock pickers underlines the challenges when looking for growth or value or both in 2023.

Temple Melville, CEO of The Scotcoin Project Community Interest company, discusses how the ownership laws surrounding cryptocurrency and cryptoassets affect individuals in cases of bankruptcy of firms which held their assets, and the need for regulation to protect retail users. As we know, most peop

Two Glasgow company directors have received disqualifications after each falsely claimed loans for their companies, taking over £125,000 in taxpayer support that they were not entitled to.

At the UK level, a fall in permanent staff hires was also noted, with the rate of decline similar to that seen in Scotland. Hiring activity across Scotland fell into decline during October, with both permanent staff appointments and temporary billings contracting, according to the latest Royal Bank

Business confidence in Scotland rose 10 points during September to 15%, ending three consecutive months of decline, according to the latest Business Barometer from the Bank of Scotland Commercial Banking.

UK entertainment and media companies are holding their nerve despite the worsening economic outlook, and putting their trust in their digital investment strategies, according to a new report from PwC.

Springfield Properties said today it has put all long-term fixed-price affordable housing contracts on hold and has temporarily suspended its expansion into the private rented sector (PRS) amid concern about market conditions and the Scottish Government's future rent freeze policy. Announcing otherw

Energy regulator Ofgem has today announced that the price cap for energy bills will increase to £3,549 per year for dual fuel for an average household from 1 October 2022, an 80% increase on February’s price cap. Ofgem said the increase reflects the continued rise in global wholesal

A £15 per hour minimum wage would impact half of full-time workers across Scotland, according to the Trades Union Congress (TUC). In a report published earlier this week, the TUC detailed the path to a £15 minimum wage and called on the government to work with the Low Pay Commission (LPC