News

Scotland’s oldest family firm has celebrated three centuries of industrial success. John White & Son Ltd has been supplying weighing machines from its premises in the Fife town of Auchtermuchty since in 1715 after blacksmith John White made a “particularly fine” beam end scale.

Ian Wright of WRI A popular Ayrshire fish and chip shop has been saved from going out of business after its fish wholesaling parent company went into administration last month.

Deloitte has told Rangers that it is to resign as auditors of the beleaguered Glasgow club after claiming members of its staff had been the subject of threatening messages. In a letter distributed to Rangers International Football Club plc shareholders, the ‘big four’ firm said the messages were

Reports are circulating ahead of tomorrow’s budget that the UK Government could be prepared to sell-off half of its 80 per cent stake in Royal Bank of Scotland within two years. Last month, Chancellor of the Exchequer George Osborne said The Treasury would begin drawing down its share in the Edinb

Pittormie CastleThe owners of a private members club located on the edge of St Andrews have announced a £12m expansion plan which will create around 40 new local jobs. The Eden Club at Pittormie Castle will shortly embark on a luxurious and sensitive development within the estate to create 10 ultra

Andrew Tyrie New plans outlined by the Bank of England will see the Financial Services Compensation Scheme (FSCS), which guarantees £85,000 of an individual’s savings if their bank goes bust, reduced to 75,000.

Blair Nimmo KPMG’s Blair Nimmo and Geoffrey Jacobs have been appointed joint administrators of Aberdeen-based oil and gas equipment services firm GOT.

The latest report from leading Scottish lettings portal Citylets shows rents in the Scottish private renting sector continued their upward climb during the second quarter of 2015, despite drag from Aberdeen. Average rents stood at an all time high of £762, up 5.4 per cent on the year, with properti

Scotland is becoming increasingly generous, according to new research which shows Scottish consumers are anticipating a 5 per cent increase in spending on gifts this year. In 2014, the average Scot spent £466.50 on presents outside of birthdays and Christmas - but, according to the One4all Gift Car

Glasgow-based private equity house Maven Capital Partners has announced a £4.3 million investment in Cursor Controls Limited (“Cursor”), a designer and manufacturer of trackball pointing solutions for industrial applications. A statement from Maven said Nottinghamshire-based Cursor, which has a

Women are being hit hard on multiple fronts by changes to the benefits system, according to a report published by Holyrood’s Welfare Reform Committee. The committee found women are disproportionately impacted by welfare reform across a range of issues and benefits.

The most wealthy people in Scotland are now about one third better off than the poorest, according to the latest data. The figures on gross disposable income from the Office for National Statistics show that the average amount taken home after tax and bills is just over £20,000 a year in Aberdeen,

The Royal Institution of Chartered Surveyors (RICS) in Scotland has called on Chancellor George Osborne to use his upcoming emergency budget to ensure stability and growth in the Scottish property sector. The organisation said the general election painted a clear picture of the Scottish political la

The £850 million St James development in Edinburgh cleared a major hurdle this week after councillors recommended the approval of outline planning for the number of residential and commercial units, design features, pedestrian and cycle access, roadways and other infrastructure works.

Scottish house prices lagged behind most of the rest of the UK during the second quarter of 2015 after recording a 1 per cent fall in the second three months of the year. Wales joined Scotland with a drop in prices, while every other area of the UK experienced growth, according to the Nationwide’s