Edinburgh-based Buccleuch Property has acquired three Sainsbury's Local stores in Telford, Colchester and Lewisham for a total purchase price of £5.6 million. The buildings are leased to Sainsbury’s for a term of 15 years with indexed rent reviews. The stores range in size from 3,337 sq
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Industry research has revealed that UK small and medium-sized enterprises (SMEs) are repaying debt at a rate 20 times higher than pre-pandemic levels, prompting a government review. Despite increased financial providers since 2008, the Department for Business and Trade (DBT) is concerned about
Phoenix Group shares experienced a surge of over 6% on Monday, following the company's announcement of significantly exceeding its cash generation targets and upgraded future guidance. The FTSE 100 firm, which owns Standard Life, reported a 31% increase in 2024 operating profit, reaching £825
The Scottish Government is hosting a major investment event in Edinburgh today aimed at unlocking new private investment in the country’s rapidly growing offshore wind industry. More than 100 stakeholders, including investors and developers, will attend the Global Offshore Wind Investment Foru
Robertson Group has reported a 23% increase in revenue today in its financial results to year end 30 June 2024. Revenue of £825 million, up from £670m during the previous year, was in line with forecast, following a year of mixed trading performance across the portfolio with a number of
EY is set to implement a significant partner redundancy round, potentially the largest in decades, as the firm grapples with a prolonged downturn in professional services. The Big Four firm, led by UK and Ireland managing partner Anna Anthony, plans to axe approximately 30 partners, primarily within
Edinburgh-based LOOP Agencies is set to become Scotland's earliest employee-owned trust (EOT) this month, marking a significant milestone for the fast-growing marketing firm. LOOP doubled its headcount to 15 in 2024, its second year of trading while adding UK and international financial services bra
Inverness-based Aurora Energy Services has secured approximately £3 million in energy contracts, just four months after launching its integrated services division. The company is leveraging its extensive project delivery experience, particularly in digital laser scanning, to capitalise on the
Highlands and Islands Enterprise (HIE) has approved up to £10 million in public investment for a major redevelopment at the Port of Nigg. This funding will support the development of the port’s Inner East Quay, creating a new heavy-duty quayside and introducing roll-on roll-off capabilit
CMS is holding a series of events across Scotland aimed at supporting further growth of the nation’s renewable energy sector. The Future of Renewables Seminars will kick off on 1 April at CMS’s Glasgow office with follow up sessions taking place in Edinburgh on 3 April and concluding at
Commercial property rent disputes between landlords and occupiers in Scotland saw a decrease in 2024, despite continued rises in prime rents across major occupier markets, according to new Knight Frank analysis.
The Swiss government's c. £90 million Bombardier Global 7500, intended as a symbol of national efficiency, has become an embarrassing logistical headache as officials realised upon delivery that not only is the runway in the capital city too short for the jet to take off, but that the jet is a
Scottish retail sales experienced a slight decline in February 2025, according to the latest figures. Total sales decreased by 0.4% compared to the previous year, although when adjusted for inflation, there was a modest 0.3% increase. Like-for-like sales remained flat.
Gold prices have reached a historic high, exceeding $3,000 (c. £2,320) per ounce on Friday. This milestone reflects the metal's enduring status as a safe-haven asset in a period of significant geopolitical and economic instability. The surge marks a substantial rally, with gold prices increasi
The Financial Conduct Authority (FCA) is exploring potential changes to contactless payment limits in the UK, aiming to benefit consumers, merchants, and economic growth. Families and businesses across the country could benefit from greater choice, flexibility and smoother purchases, under proposals