News

Following unrevised 0.4% growth in December 2023, Scotland's onshore GDP grew by 0.6% in January 2024, according to the Chief Statistician.

Scottish healthcare manufacturer E & O Laboratories Limited has become the latest business to move to an Employee Ownership Trust. Founded in 1990 by Virginia Lucey, the company has become a brand recognised throughout the UK diagnostic sector and across 36 countries worldwide.

The EDC group of companies, comprising EDC Scotland, EDC North East, and EDC Air Compressors, has announced its transition to an employee ownership trust (EOT) model after over two decades in business. EDC supply, install and repair ABB variable speed drives and motors and conduct instrumentation ca

Scotland-headquartered garden centre chain Dobbies has appointed Jonathan Wass as chief financial officer. Joining Dobbies from his role as CFO of Cancer Research UK, Mr Wass brings more than 20 years’ experience from across some of the biggest names in UK retail. He is a formerCFO at Boo

Ember has announced that it has raised an £11 million Series A financing round, led by Inven Capital, 2150 and AENU. Existing investors Pale Blue Dot and SkyScanner co-founder Gareth Williams also participated in the oversubscribed round. The company will use the funding to accelerate the roll

Plans for a multi-million-pound transformation of The Caledonian Hotel have been revealed. Private real estate investment fund manager Henderson Park, together with its in-house hospitality operator and asset manager, Klarent Hospitality – which acquired the hotel, affectionately known as &lsq

A crypt near Marilyn Monroe and Hugh Hefner is set to go up for auction and is expected to sell for between $200,000 and $400,000 (around £158,000-£316,000).

Economic data in early 2024 is showing that the economy is likely to be recovering hesitantly, as expected, following the contractions in growth in the final part of 2023, according to the Fraser of Allander Institute at the University of Strathclyde. In the Deloitte-sponsored Economic Commentary, t

The first quarter has seen a significant downturn in cashflow and profits for Scottish businesses, with sizeable contractions recorded across four of the five sectors, according to the latest Scottish Chambers of Commerce quarterly economic indicator.

Major food manufacturers have dismissed allegations of 'shrinkflation' – reducing product sizes while maintaining prices – despite evidence of smaller pack sizes, claiming changes are to improve product taste and quality. They argue that shoppers are "savvy" and any reductions are t

An eco-conscious couple have opened their second environmentally friendly luxury log cabin at the foot of the Eildon Hills for holidaymakers.

Dunkeld House Hotel has appointed hotelier Hervé Bernier as its general manager marking a welcome return for him to the hotel, where he spent a long period of his early career. Mr Bernier takes the helm from hospitality veteran Paul Leitch who has been acting as interim general manager at the

Business confidence in Scotland fell significantly in March, according to Bank of Scotland Commercial Banking. The bank's latest Business Barometer showed the overall confidence level dropped 15 points to 41%, with companies reporting lower optimism in their own business prospects, down 10 poin

The Artisanal Spirits Company (ASC) has reported steady progress in its preliminary results for the fiscal year 2023.

Harper Macleod has made four senior appointments, including two new partners, to strengthen its expertise in the built environment and energy sectors. Alexis Condie joins as a partner in the firm’s commercial property team in Edinburgh. She has advised on complex leasing, acquisitions and sale