News

Changes to the VAT rebate scheme for the heritage sector would better safeguard the country’s fragile historic attractions, widen public access, and provide an economic boost, according to new findings.

First Minister John Swinney has signed an updated Partnership Agreement with the City of London Corporation. The agreement focuses on shared priorities, including securing investment in Scotland, advancing new technologies, funding nature projects, and promoting Scotland’s financial sector glo

The biggest banks’ most flexible easy access accounts now sit in the bottom quartiles of the market, while, in contrast, some of their fixed rate bonds on offer sit in the top quartile, according Moneyfacts. The analysis from Moneyfacts Consumer Duty Audit Tool for Savings shows that, despite

Entrepreneurial Scotland is seeking ambitious business leaders to join the fifth cohort of its highly regarded peer support programme, The Exchange, launching this March. Since its inception, The Exchange has brought together Scotland's founders, directors, and CEOs to connect, collaborate and grow

Walker’s Shortbread has reported a 19.5% year-on-year growth in festive sales, driven by a six-figure, multi-channel marketing campaign that highlighted the joy of sharing shortbread during Christmas and New Year.

Glasgow city centre has experienced a significant surge in food and beverage (F&B) activity in 2024, with 34 new openings marking the highest volume in over six years – a 25% increase compared to the previous year – according to Savills. Nearly 90% of these openings were local indepe

Highland Heritage Woodworks (HHW), a sustainable timber supplier and bespoke carpentry firm, is poised for growth after receiving a £100,000 grant from Scottish Enterprise. The funding supports a £250,000 project to establish a sawmill on the Dunecht Estate in Aberdeenshire, enhancing th

Legal & General (L&G) has acquired a prime purpose-built student accommodation (PBSA) scheme in Edinburgh's Fountainbridge area for more than £35 million. The PBSA, Lower Gilmore Place, has been acquired off market by L&G’s Managed Fund from Glencairn Properties. Knight Frank

Scotland's local authorities are grappling with significant financial strain, necessitating urgent transformation to ensure sustainability, the Accounts Commission has revealed. While councils managed to bridge a £759 million budget deficit in 2023/24, this required deeper cuts and reliance on

One of the world's best-selling singers has been accused of making a 10-bedroom mansion impossible to sell by describing it as scary. The owners of Lock House, a Grade II-listed property in West Sussex, blame Adele for their failure to sell the building and its 32-acre estate, which they value at &p

The flagship Inch Cape Offshore Wind Farm project has reached financial close raising more than £3.5 billion of funding, the equal joint owners ESB and Red Rock Renewables announced today. K2 Management (K2M), part of global wind engineering and advisory consultancy Ramboll, provided Lender&rs

Almost half of people in Scotland do not believe higher levels of personal taxation provide value for money for public services, according to a new poll by Survation for True North Advisors. Only 32% of people surveyed believed having higher income tax rates than the rest of the UK had delivered bet

Councillors have formally agreed to introduce Edinburgh’s Visitor Levy scheme.

The North-east of Scotland's finance, tax, and accountancy firms are set to be celebrated at the inaugural Finance & Accountancy Business (FAB) Awards. The event celebrating trailblazers and top performers who are driving the region's financial sector forward, will be held at Aberdeen’s Un

A luxury hotel in St Andrews is set to launch a growth leadership programme after the business owners received support from Business Gateway. Rufflets St Andrews was originally built as a private home in 1924 for the widow of a Dundee merchant. The property went on to be transformed into one of Scot