News

Scotland’s two largest cities have both improved their position in the latest Z/Yen Global Green Finance Index, underlining Scotland’s global reputation and potential in green finance. Edinburgh climbed five places to 19th, while Glasgow jumped eight places to 36th London also retained i

Barclays has exceeded profit forecasts for the third quarter of 2024, driven by strong performance in its investment banking division.

Cazenove Capital, Schroders' wealth management arm in the UK, has appointed Sandra Dailidyte as portfolio manager in Edinburgh. This newly created role reinforces Cazenove Capital's commitment its rapidly expanding community of entrepreneurs and business owners in Scotland. Ms Dailidyte's appointmen

Edinburgh’s Orchard Brae House has secured three lettings in close succession, following the completion of an extensive refurbishment programme at the office building.

Scotland’s luxury and mid market hotels have experienced a boost, as consumers are trading up their choice of hotels and demand for budget hotels falls amidst easing cost-of-living pressures, according to RSM. The RSM Hotels Tracker: Focus on Asset Classes, uses data compiled and produced by H

Perth-based Christmas decoration company, The Corporate Christmas Tree Company Ltd, has been sold to an employee ownership trust (EOT). The company, founded in 1998 by Fiona and Charlie Cameron, trades under the names Christmas Direct, DZD, and Sparkling Lights. It supplies festive lighting and deco

Rettie has hired Daniel Cohen as an associate director from Nicol Estate Agents, as the property firm looks to further strengthen its leadership team in the Southside of Glasgow. Mr Cohen will be based at Rettie’s Newton Mearns office, working closely with area director Kay Blair who joined fr

Nationwide Building Society has increased its interest-free green loan offering from £15,000 to £20,000 to encourage homeowners to make energy-efficient improvements. The 0% Green Additional Borrowing products, available to existing Nationwide mortgage customers, need to be spent on impr

A pizzeria owner has been arrested after it emerged the best-selling item on his menu came with a side of cocaine. Customers who ordered "pizza No. 40" from the unnamed pizzeria in Düsseldorf received both pizza and drugs at their door, DW reports.

Actor Steven Seagal has been given land by authorities in Russia to build an International Centre for Martial Arts. The Gorki Holding Co, in which Seagal has a 26% stake, received a huge plot of land in the prestigious Rublevka area near Moscow, according to Russian news outlet Baza. Authorities in

Corporate insolvencies in Scotland have risen by 10.6% in Q2 2024-25 (July to September) compared to the same period last year, reaching 313. This increase is primarily driven by Creditors' Voluntary Liquidations, suggesting businesses are struggling despite recent economic growth. Personal insolven

Lloyds Banking Group has exceeded profit expectations, reporting pre-tax profits of £1.8 billion for the third quarter.

Deloitte has quietly dismissed approximately 250 employees in the UK, representing 1% of its workforce. This marks the third round of redundancies in 13 months for the Big Four firm. The cuts, which were not formally announced, targeted underperforming staff across its advisory divisions and follow

Amazon has invested over £3.5 billion in Scotland since 2010, generating an estimated £3bn for the Scottish economy, according its latest Economic Impact Report. The figures are taken from the latest Amazon Economic Impact Hub, which details the investments made by Amazon across the UK s

Glasgow-headquartered Macfarlane Group PLC, distributor of protective packaging, has appointed Joost Meijs to the new role of managing director, Macfarlane Packaging Distribution, Europe, as the company strengthens its presence in the European protective packaging market. In recent years the company