News

Almost 10 million people, and rising, in the UK are spending more than they earn every month, according to a new monthly economic pulse launched by Edinburgh-based Smart Data Foundry (SDF). The figures appear in the Economic Nowcast released by Smart Data Foundry, Edinburgh’s "data for good" p

With the latest inheritance tax (IHT) statistics showing revenues rising by nearly 10% over the last year it is time for a review of this tax according to DJ Alexander Ltd. The estate and letting agents firm said that an increase of £0.8 billion in IHT revenues between April 2024 and March 202

Evelyn Partners has appointed David Little as partner in financial planning at its Glasgow office. Mr Little joins the UK wealth management firm, which also maintains a presence in Edinburgh and Aberdeen, from 7IM Private Client. He served there for over three years, most recently holding the positi

Rebekah Vardy has been ordered to pay over £1.4 million in legal costs following her defeat in the "Wagatha Christie" court case. Mrs Vardy unsuccessfully sued Coleen Rooney after she publicly accused her of leaking details about her personal life to The Sun.

The Scottish Chambers of Commerce (SCC) has called for an immediate focus on business at the heart of today’s Programme for Government review. SCC chief executive Dr Liz Cameron CBE said: “With the economy stagnating and businesses now feeling the full impact of the rise in NICs, we urge

Aberdeen-based TMM Recruitment has transitioned to employee ownership, giving its 32-strong workforce a significant role in shaping the company's future. The firm, established in 1997 as Thorpe Molloy Recruitment, has implemented an Employee Ownership Trust (EOT), meaning company shares are now held

Allied Surveyors Scotland appointed David Gibson MRICS and Greg Scrimgeour MRICS as directors, reinforcing its presence across the Glasgow market. Mr Gibson returns to the firm to strengthen the Glasgow North office, bringing a deep understanding of the local property landscape and a strong track re

Communities across the North East and Moray will benefit from over £8 million of funding to create jobs in low carbon industries and enhance green and net zero skills. The Scottish Government’s Just Transition Fund (JTF) helps finance industry and community projects working towards the t

Former senior staff members at two leading energy firms have been jailed for accepting over £2 million worth of bribes in exchange for commercial contracts.

Aberdeen & Grampian Chamber of Commerce (AGCC) has written to First Minister John Swinney calling for a Programme for Government that puts economic growth and energy pragmatism at its core. In a detailed submission ahead of the policy agenda’s publication on Wednesday, the chamber –

Insurance broker James Hallam has bolstering its Scottish operations with the opening of a new office in Edinburgh and appointment of Jamie Johnstone as client director and head of office to lead the new venture. Mr Johnstone returns to his native city after 14 years in the London insurance market a

Occupancy and room rates dipped slightly for Scotland’s hotel sector in March, with further headwinds expected amidst the increase to employers’ National Insurance contributions from April, according to the RSM Hotels Tracker. The data, which is compiled and produced by Hotstats and anal

Dr Ian Archer has been named the new commercial director of James Hutton Ltd, the commercial subsidiary of the James Hutton Institute. He brings a wealth of experience in industrial chemistry, biotechnology, and the commercialisation of scientific research.

The average selling price of property in Edinburgh, the Lothians, Fife and the Borders has risen by nearly 7% to £285,684, according to ESPC.

An $8.8 billion plan has been revealed to establish the Maldives as the premier global business and financial hub for financial institutions, fintech pioneers, and digital Nomads through an integrated, mixed-use urban district.