News

Investment in Scottish commercial property dipped during the first six months of 2024, as uncertainty over interest rates caused investors to take a pause for thought in Q2, according to new figures from Knight Frank. The independent commercial property consultancy’s analysis of RCA data found

A Highland woodturning business run by an 18-year-old is now able to produce products in a more streamlined way after the business owner accessed specialist start-up support from Business Gateway. Daniel Stewart began woodturning in 2020 when he was just 14, after being gifted a lathe by his granny.

The Cabrach Distillery, a community-led social enterprise on the edge of Speyside, has received nearly £140,000 in funding from responsible finance provider Social Investment Scotland (SIS), supporting its long-term ambition to revive the local area. The Cabrach Distillery – which is gea

Barratt Developments has revealed it expects "profit before tax slightly ahead of our previous expectations" in its latest trading update. The developer has also said it anticipates a further 7% drop in home completions for the 2024-25 financial year, despite "broadly flat" building costs and U

Real estate investment trust The PRS REIT has extended and revised its relationship with Sigma PRS Management Ltd. The businesses have agreed to extend their investment advisory agreement and development management agreement to 30 June 2029 – an extension of two-and-a-half years from the previ

The economic and social benefit created by the delivery of mid-market rent (MMR) properties has been highlighted in a new report commissioned by not-for-profit developers HHA and Lar Housing Trust, and fund and asset manager for social housing Thriving Investments.

Scottish retail sales experienced a significant decline in June 2024, dropping by 3.6% compared to the same period last year.

Scotland's private sector output continued to grow in June, according to the Royal Bank of Scotland Growth Tracker, but at a slower pace compared to May. The headline Business Activity Index, posted above the neutral 50.0 mark, but ticked down to a five-month low of 51.9, from 55.2 in May, reflectin

Edinburgh-based fintech-for-media platform Recast has closed a $5 million (£3.9m) funding round. This round was led by the US-based venture capital firm Morpheus Ventures, with additional investments from Airstream Ventures and Cooley.

An Argyll distillery, Beinn an Tuirc Distillers Ltd, has received £4,922 in funding from Highlands and Islands Enterprise (HIE) Shared Prosperity Fund to develop two new products. The Kintyre-based distillery is investigating the development of two new canned ready to drink cocktail recip

Glasgow’s first venture studio dedicated to developing innovation-driven enterprises has been launched by the Glasgow City Innovation District (GCID).

Lanarkshire-based bakery and confectionery ingredients supplier R&W Scott has transitioned to and begun operating under an employee ownership trust (EOT). Under this new structure, all the company shares are acquired by the EOT for the benefit of its employees – allowing R&W Scott staf

Three members Aon plc's Glasgow office pensions team have been named finalists in the prestigious Women in Pensions Awards. The professional services firm is celebrating the shortlisting, and in total, 40 Aon colleagues have been shortlisted nationwide.

Johnston Carmichael has reshaped its leadership team with the appointment of a new senior partner and chief executive officer. Mark Houston, chair, becomes senior partner while Lynne Walker, formerly the firm’s vice chair, and head of business advisory, becomes CEO.

Robertson Group has appointment Irene Wilson as chief financial officer and Colin Mitchell as group finance director. Ms Wilson has been with Robertson Group for 20 years, most recently holding the position of group finance director, while Mr Mitchell has been with the business for almost six years