News

An airport has capped goodbye hugs at a maximum of three minutes long. New signage at the drop-off section outside Dunedin Airport in New Zealand coldly states: "Max hug time 3 minutes. For fonder farewells please use the car park."

New research from Edinburgh's Smart Data Foundry has revealed the significant impact of bank rate rises on consumer finances in Scotland.

Business activity among UK SMEs in the construction sector has expanded in the third quarter of the year with the NatWest SME Business Activity Index recording 55.1 in September.

Stephen Baker has been named as Scotland's first Trade and Investment Envoy to Japan, tasked with driving international investment in key sectors such as energy transition, pharmaceuticals, medical technology, and food. Mr Baker spent 21 years with Sony, before joining Scottish Development Internati

International tourism in Scotland continues to outperform other parts of the UK, new figures have revealed. Covering the first six months of 2024, the Office for National Statistics (ONS) latest figures for the International Passenger Survey (IPS) show, there were a total of 1,975,000 visits to Scot

UK Finance has reported that £571.7 million was stolen through payment fraud in the first half of 2024, a 1.5% decrease from the same period in 2023. While authorised push payment (APP) fraud losses decreased by 11%, unauthorised fraud losses increased by 5%.

Volkswagen Finance has been fined £5,397,600 by the Financial Conduct Authority (FCA) for failing to treat customers in financial difficulty fairly. The firm has agreed to pay over £21.5 million in redress to around 110,000 customers who may have suffered harm because of its failing

The Scottish Women's Premier League (SWPL) has reported record financial results for its second year, with payments to clubs totalling £389,000, a 17% rise on the previous year.

Johnnie Walker Princes Street, Diageo's immersive whisky experience in Edinburgh, has welcomed over one million visitors from 141 countries since opening in 2021.

HNH Partners has shared plans for growth and team expansion following a series of recent appointments. The multi-disciplinary corporate finance advisory firm, which has flagship offices in both Belfast and Edinburgh, confirmed the growth plans as it launched a new corporate identity.

BNP Paribas Real Estate, part of the BNP Paribas Group, has announced that Morgan Stanley's Glasgow office has been acquired by French investment firm Iroko Zen in a deal worth more than £50m, cementing the largest office transaction in Scotland so far this year. The property at 122 Waterloo S

A "punishing" regulatory framework for Edinburgh’s self-catering sector will cost jobs and do nothing to resolve the city's housing crisis, a trade association has warned after a new study found further reductions in short-term lets could cost Edinburgh's economy £57 million.

The Taliban has banned media outlets across large swathes of Afghanistan from broadcasting images of living beings. State media in the provinces of Takhar, Maidan Wardak and Kandahar have been told they can no longer air or publish images of people or animals, Newsweek reports.

Scottish company insolvencies have declined by 16% since last year, but experts say overall volumes will remain high for some time to come. There were a total of 73 company insolvencies registered in Scotland in September 2024, comprised of 48 CVLs, 18 compulsory liquidations and seven administratio

A global network of video games developers and academics attended a two-day Gaming Clusters Across Multiple European Regions (GAME-ER) research and networking event in Dundee.