News

Scotland has seen an increase in annual £1 million plus house sales, reaching a new high of 506 transactions in 2023, up from 504 in 2022, according to property firm Rettie.

A planned heritage attraction telling the story of Scotland’s co-operative societies has been awarded £1.9 million from the National Lottery.

A man who had been living rent-free in the New Yorker Hotel is facing charges of filing false property records after attempting to claim ownership of the building. Mickey Barreto, a 48-year-old man from New York City, was living in the property for free by exploiting a local housing law that al

The Financial Conduct Authority (FCA) has exhibited increased vigilance, prompting the withdrawal or modification of over 10,000 financial adverts and promotions during 2023 – an upswing of 17% compared to the previous year.

An Inverclyde family support worker has launched a range of play and learn sessions to encourage children’s positive early experiences after she accessed expert support from Business Gateway.

Highlands and Islands Enterprise (HIE) has launched a study to assess the demand for commercial property and land in the region. Businesses, community groups, and social enterprises with future property or land plans are urged to participate in the short survey by 22 March.

In a recent fundraising drive, Scottish Friendly employees participated in the Three Peaks Challenge and Boycott Your Bed, collectively raising £25,901 for Action for Children. Additional festive activities, including a Bake Sale and Christmas Jumper Day, were organised, alongside the donation

In January 2024 there were 88 company insolvencies registered in Scotland, 19% lower than the number in January 2023, according to The Insolvency Service. This was comprised of 34 compulsory liquidations, 46 CVLs, seven administrations and one CVA. There were no receivership appointments.

The Chartered Institute of Public Finance and Accountancy (CIPFA) has appointed Owen Mapley to be its new chief executive officer. The current chief executive of Hertfordshire County Council will take up the leadership of CIPFA in the coming months, following the retirement of current CEO Rob W

In line with the wider global slowdown, investment into Scottish commercial real estate saw a significant decline in 2023, according to Colliers’ latest Scottish Snapshot.

Chivas Brothers, the Scotch whisky arm of Pernod Ricard, has unveiled its H1 FY24 financial results, reporting a -6% decline in organic net sales from July to December 2023. The dip is attributed to market and inventory normalisation after two years of exceptional growth. Despite this, the company m

NatWest, operating as the Royal Bank of Scotland in Scotland, has confirmed the appointment of Paul Thwaite as permanent CEO as it reports its strongest financial results since the 2008 financial crisis. The bank exceeded expectations by posting a pre-tax profit of £6.2 billion for 2023, marki

Virgin Money is bracing for a potential investor revolt as influential adviser Pensions & Investment Research Consultants (PIRC) has criticised the £2.6 million package awarded to CEO David Duffy, who has led the group since 2015 and weathered the £1.7 billion takeover by Clydes

Official figures have revealed that the UK has entered a technical recession at the close of 2023.