News

UK inflation experienced an 0.1% increase in December, breaking a 10-month streak of decline. Consumer prices rose at an annual rate of 4%, surpassing both the previous month's figure of 3.9% and economists' expectations of 3.8%, according to the Office for National Statistics (ONS).

Analysts have suggested that banks, including Bank of Scotland-owner Lloyds Banking Group, may be liable for a £10 billion compensation bill following an investigation by the Financial Conduct Authority (FCA) into unfair car finance deals.

Aurora Energy Services (Aurora) is set to play a pivotal role in propelling Scotland towards its net zero goals, thanks to a £20 million investment from the Scottish National Investment Bank. The business will use the funding to bolster and expand its network of regional training hubs and work

Legislation which would give councils the power to introduce a visitor levy to raise funding for local tourism facilities and services has passed its first vote at Holyrood.

Memorabilia from Dr Who is set to go up for auction next month.

The Dundee Renewable Energy Society has raised £2.46 million in a recent crowdfunding campaign to build a new solar farm on the outskirts of Dundee. Construction is set to begin soon, after 589 people supported the crowdfunder.

Two Scottish blockchain projects have joined forces to expand their user bases, enhance their offering, and add to the use cases of their respective tokens. Scotcoin (SCOT) will now be accepted on the Kin platform – operated by Better Internet Search – an ad-free, community-owned search

Specialist insurance and property funding firm J3 Advisory has appointed Peter MacAllan as director of the debt advisory team. Peter joins the leadership team, bringing over two decades of experience within the financial sector, coupled with an impressive track record of facilitating a diverse range

The average Scottish house price reached £194,000 in November 2023, a 2.2% increase compared to the same period in 2022, according to the latest data from the UK House Price Index (HPI).

The Industrial Biotechnology Innovation Centre (IBioIC) has been awarded long-term investment from the Scottish Funding Council (SFC), securing its position at the forefront of Scotland’s emerging bioeconomy.

Scottish Enterprise has unveiled its future focus to help unlock thousands of new jobs and billions of pounds of global growth opportunities to deliver a more successful, greener and fairer economy.

The London stock market recorded just 23 issuers listing in 2023 which is a 49% decline on the 45 seen in 2022 and represents the quietest year on record since 2010, when EY first started collating this data.

The first part of a large collection of Scottish coins dating from the period of William the Lion through to James V (c. 1180-1540) and amassed over the last 50 years will be offered at Noonans Mayfair in a single-owner sale titled A Collection of Scottish Coins, the Property of a Gentleman (Part I

The Federation of Small Businesses (FSB) has urged the UK government to consider removing the “barrier to growth” many small businesses are faced with by raising the VAT threshold. FSB's new paper, "VAT for Small Businesses", suggests revamping the VAT system could be the key to unlockin

There were 108 company insolvencies registered in Scotland in December 2023, 5% lower than the number in December 2022, according to the latest official statistics. This was comprised of 40 compulsory liquidations, 65 CVLs and three administrations. There were no CVAs or receivership appointments.