News

Tourism provided a £306 million boost to Angus' economy last year, according to an independent report. Research conducted by Global Tourism Solutions (GTS), using the Scottish Tourism Economic Activity Monitor (STEAM) model, highlights that tourism’s economic impact has increased by 27.2

The Accounts Commission has commended Scottish Borders Council (SBC) for its continuously improving and forward-thinking approach to making savings and tackling recruitment challenges.

Tunnock's, the Scottish confectionery firm, has announced a fourfold increase in pre-tax profits to £4 million for the year ending 24 February 2024. This surge comes despite the ongoing challenges posed by rising chocolate costs due to climate change and supply chain disruptions.

Aberdein Considine has opened a commercial property practice in Manchester's Spinningfields, marking its first step of Northwest expansion. The firm, which has 21 offices across Scotland and the North of England, aims to double its commercial real estate turnover in England and Wales next year.

A commercial judge has extended the administration period of a fashion retailer into its fifth year after a note was lodged by its administrators seeking an additional 12 months to resolve the remaining outstanding tasks of the administration. The joint administrators of PSL2021 Realisations Ltd, fo

Sulmara, a provider of innovative survey and inspection services to the offshore wind and energy markets, has secured an $18.9 million (c. £15m) investment from BGF. The Glasgow-headquartered business was founded in 2019 and has grown rapidly to more than $70m (c. £55.8m) annual revenue,

Scottish Financial Enterprise (SFE) has called on the Scottish Government to reverse its diverging income tax policy, warning that it is harming the economy. The financial and professional services industry organisation welcomed the Scottish Government’s focus on economic growth but urged mini

Scotland’s onshore GDP grew by 0.3% in September 2024, according to statistics announced by the Chief Statistician. This follows contraction of 0.6% in August 2024. In Q3 2024, GDP is estimated to have grown by 0.3% compared to the previous three month period. This follows growth of 0.4%

Scottish debt recovery firm BPO Collections has been provided a £3.3 million loan from OakNorth to acquire CCS Collect. Ayrshire-headquartered BPO Collections, which is a wholly owned subsidiary of Canadian-based Everyday People Financial Corp, was founded by Graham Rankin in 2006. The fi

The British Business Bank has launched the Community ENABLE Funding (CEF) programme, which is designed to increase the availability of funding to social impact sector lenders, and the smaller businesses they serve in local communities across the UK. The initiative is aimed primarily at community dev

Crieff Hydro Family of Hotels, Scotland's oldest registered trading company, is set to undergo a significant transformation with a multi-million-pound investment in its flagship property – Crieff Hydro. The project will create a new day-to-night bar, refurbished dining areas, and a speakeasy b

Scottish Finance Secretary Shona Robison has been urged to deliver "better news" for businesses under pressure after the UK government's £25 billion national insurance tax raid. Ahead of the Scottish Government Budget next week, Aberdeen & Grampian Chamber of Commerce (AGCC) has set out a

The Scottish Government has unveiled a series of measures aimed at attracting capital investment to support the country's transition to a green economy. Addressing the Investment Association Conference in Edinburgh, Deputy First Minister Kate Forbes announced she will take on a cross-government lead

A planning application for the refurbishment of the Calton Square office building, currently home to Baillie Gifford until 31 December 2025, has been granted subject to conditions by the City of Edinburgh Council.

Forth Ports Limited has appointed Stuart MacGregor as chief financial officer and as a member of the group’s main board. He brings a wealth of expertise to the role, with a career spanning over 30 years in the international drinks and UK house building sectors, in financial leadership, strateg