News

Private equity and infrastructure investment manager Foresight Group has sold its holding in Substantive Research to pan-European stock exchange and market infrastructure provider Euronext. Substantive, with offices in London and Edinburgh, is a FinTech providing in-depth product and pricing compari

Dundee-based JTC, a leading manufacturer of kitchens, bedrooms, and bathrooms, has announced its highest profits in over a decade. JTC saw a significant rise in sales from £25.1 million in 2022 to £29.3m in 2023, with pre-tax profits reaching £1.4m. This success comes after a chall

Following a positive start to 2024, economic growth in the summer months has been more hesitant for the UK and Scotland according to the latest economic assessment from the Fraser of Allander Institute at the University of Strathclyde. In the Deloitte-sponsored Economic Commentary, the Strathclyde r

New data from Santander UK has revealed a worrying increase in romance scams, with losses totalling over £3.8 million in the last six months – a 27% rise.

Dr Who is rumoured to be among the bidders for a police box on Pleasance, Edinburgh which is set to go under the hammer later this month.

Union Technical has been recognised as one of the fastest growing firms in the UK by Fast Growth 50 (FG50) index. The Glasgow-based energy services firm was selected for the index out of the 5.6 million firms that were analysed. Union Technical is a family run business established by directors

Scottish shopper numbers rose slightly in September, but this hasn't translated into increased sales, according to the Scottish Retail Consortium (SRC).

As Scotland's local councils face acute challenges, with budgets and workforce stretched to the limit, reform has become increasingly urgent, warns Audit Scotland's Accounts Commission.

Three UK companies innovating green hydrogen, including one in Scotland, have been given a funding boost after winning the Net Zero Technology Centre’s (NZTC) 2024 Electrolyser funding competition. Efficient electrolysers are key to cost-effective and large-scale green hydrogen production

Scotland's hotels have seen a surge in occupancy, room rates, and profits this August, exceeding the rest of the UK, according to RSM.

Edinburgh-based Aveni.ai has revealed its growth plans following its recent £11 million Series A investment round, and Fintech of the Year award win at the Scottish Fintech Awards 2024. The Series A investment round was led by Puma Private Equity, with participation from Par Equity, Lloyds Ban

The Scottish Professional Football League (SPFL) has grown its turnover to £44.3 million – the highest ever figure in the league’s history, according to its newly-published annual accounts. The SPFL’s latest figures reveal turnover has risen by £2.4m (6%), from last yea

There is currently as much as 750,000 sq ft of occupier demand still looking for office accommodation across Glasgow due to a shortage of quality options available in the city, according to data from Savills. While the take-up of office space in Glasgow city centre reached 177,514 sq ft in H1 2024,

Commercial property transactions totalled £426 million in Q3 2024, up 7% year-on-yaer and 16% above the five-year average, marking the highest Q3 total in the last five years, according to Lismore Real Estate Advisors. Key transactions included Pontegadea’s £42.5m acquisition of Th

The pound sterling experienced its sharpest decline against the dollar since March, falling over 1% after Bank of England (BoE) Governor Andrew Bailey suggested the possibility of accelerated interest rate cuts. Speaking to The Guardian Governor Bailey indicated that the BoE could adopt a "more aggr