News

Scotland’s economic recovery is gaining momentum, suggesting fertile conditions for growth, but pace remains ‘anaemic’, according to the latest EY ITEM Club Scottish Summer forecast. The latest quarterly GDP data indicates that the Scottish economy grew by 0.5% in the first quarter

A coin from the 17th Century has been discovered in Guernsey by a metal detectorist.

The Scottish National Investment Bank (SNIB) has invested a further £10 million in Highland Broadband.

Insurance giant Aviva has announced a stellar first half of 2024, with a 14% rise in operating profit to £875 million. The growth is attributed to a 15% surge in general insurance premiums, reaching £6 billion.

New research from Phoenix Group has found 75% of Scots aged between 40 and 66 (pre-state pension age) say they feel unprepared for retirement, equivalent to nearly 1.5 million people. While some of this group have decades to prepare, others will be looking to transition or enter retirement imminentl

A popular St Andrews sandwich shop is considering introducing a £1 "seagull insurance" policy to combat the persistent problem of seagulls snatching food from customers.

UK CPI ticked up to 2.2% in July, driven by energy base effects that outweighed a slowdown in services inflation. Analysts anticipate further gradual increases in inflation through the second half of 2024. Peter Arnold, EY UK chief economist, said: "A smaller drag from the energy category added

Glacier Energy, provider of products, services, and engineered solutions for renewable and conventional energy markets, has acquired fabrication business Francis Brown. Established in 1903, Francis Brown is a manufacturer of pressure vessels and structural fabrications. The move strengthens and broa

A family-owned and operated Scottish car dealership group has expanded its operations with its new Dundee Ford Centre thanks to £3 million funding from the Royal Bank of Scotland (RBS). Dalkeith Retail Centre Ltd T/A Your Ford Centre will use the funding to purchase its fifth site which will s

The Glasgow-headquartered pensions and SIPP provider @sipp firm has promoted a long-serving team member to finance manager, and elevated finance director Steve Lancaster to the newly created chief operating officer (COO) role. Mr Lancaster will oversee @sipp’s sales and operations departments

Bellway’s plan to buy smaller housebuilder Crest Nicholson for around £720 million is now off despite months of negotiations.

Joining from a Big Four firm, Azets has appointed George Roberts as corporate tax partner to its Glasgow office. Mr Roberts was last head of the local transactions tax team at EY. He has extensive experience of developing tax strategies on a wide variety of transactions both in the UK and inter

Scottish house prices saw a 4.3% year-on-year increase in June 2024, reaching an average of £192,000, and outpacing the UK average growth, according to Registers of Scotland.

Glasgow-based social enterprise MsMissMrs has demonstrated remarkable impact in addressing child poverty and empowering women. In just one year, with an investment of £165,000, it helped over 100 women rebuild their lives, leading to an estimated £3 million in social value, according to

Figures compiled by Highlands and Islands Enterprise (HIE) show that businesses and communities supported by the agency across Inner Moray Firth during the last financial year are set to create or retain around 650 jobs. HIE’s outturns for 2023/24 were achieved through a combination of financi