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
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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.
A growing number of businesses in Scotland are showing early signs of financial distress, according to Begbies Traynor. The independent business rescue and recovery specialist today published its latest Red Flag Alert data, showing a rise in financial distress in Scotland and the UK in the third qua
Donald Trump's commitment to investing in his Aberdeenshire golf company is "unwavering", it said after recording a £1.4 million loss last year. Trump International Scotland is in the final stages of building a second championship links golf course which will open in summer 2025, and is planni
Confidence amongst Scottish businesses is expected to hold steady for the next six months, with many in a ‘wait-and-see’ mode as they look to the upcoming budgets for clarity on the economic direction of both Scotland and the UK, according to the Fraser of Allander Institute. The indepen
After 26 years under the ownership of Sir Peter Michael and family, The Vineyard Hotel in Newbury has been sold to Apex Hotels for an undisclosed sum. The deal marks Apex Hotels’ third country house hotel following the recent purchase of Pine Trees in Pitlochry and Meldrum House Country Hotel
Forvis Mazars has appointed Ryan Crilley as audit partner across its Glasgow and Edinburgh offices. Mr Crilley will work with privately owned businesses, navigating clients through the complexities of financial reporting and regulatory compliance market. He will also support the wider team with thei
Chancellor Rachel Reeves is expected to increase capital gains tax (CGT) on the sale of shares and other assets, but will leave the rate on second homes and buy-to-let properties unchanged.
BrewDog has posted a £59 million pre-tax loss for 2023, marking the Aberdeenshire-based craft beer company's fourth consecutive year of losses. This follows losses of £12.5m in 2020, £9.4m in 2021, and £30.5m in 2022. The company last recorded a pre-tax profit of £1.1m
Dundee-headquartered Thorntons Wealth Management, with offices in Aberdeen and Edinburgh, has acquired Edinburgh-based financial planning firm Robson Macintosh. The deal completed on 27 September and brings the combined assets under administration and management for Thorntons Wealth Management and T
Equity deal activity involving smaller businesses in Scotland picked up during the first half of 2024, one of only two parts of the UK to experience a year-on-year increase after a difficult 2023, according to new research from the British Business Bank. The Bank’s annual Nations & Regions
A western company suffered a major data breach after inadvertently hiring a North Korean cyber criminal as a fully-remote worker. A cyber security firm said it assisted the company, which has not been named, after the former contractor downloaded company data and sent a ransom demand.