News

Turnberry, the Scottish golf course owned by former US President Donald Trump, is set to become the world's most expensive with green fees rising to £1,000 in 2025. This significant increase, from £176 in 2014, aims to prioritise hotel guests and members over non-resident golfers who wer

The Financial Conduct Authority (FCA) has censured the auditor Macintyre Hudson LLP (MHA) for failing to prepare client assets reports to the required standard.

Inverness-headquartered Aurora Energy Services has announced its expansion into South America with the acquisition of a Chilean wind energy services business. Aurora has acquired the Latin American assets of Altitec Blade Services, which is a separate entity from the parent group acquired in Februar

Britain’s biggest pension fund has bought more than 3,000 shared ownership homes from American investment group Blackstone for £405 million.

Scotland’s economic recovery is gaining momentum, suggesting fertile conditions for growth, but pace remains ‘anaemic’, according to the latest EY ITEM Club Scottish Summer forecast. The latest quarterly GDP data indicates that the Scottish economy grew by 0.5% in the first quarter

A coin from the 17th Century has been discovered in Guernsey by a metal detectorist.

The Scottish National Investment Bank (SNIB) has invested a further £10 million in Highland Broadband.

Insurance giant Aviva has announced a stellar first half of 2024, with a 14% rise in operating profit to £875 million. The growth is attributed to a 15% surge in general insurance premiums, reaching £6 billion.

New research from Phoenix Group has found 75% of Scots aged between 40 and 66 (pre-state pension age) say they feel unprepared for retirement, equivalent to nearly 1.5 million people. While some of this group have decades to prepare, others will be looking to transition or enter retirement imminentl

A popular St Andrews sandwich shop is considering introducing a £1 "seagull insurance" policy to combat the persistent problem of seagulls snatching food from customers.

UK CPI ticked up to 2.2% in July, driven by energy base effects that outweighed a slowdown in services inflation. Analysts anticipate further gradual increases in inflation through the second half of 2024. Peter Arnold, EY UK chief economist, said: "A smaller drag from the energy category added

Glacier Energy, provider of products, services, and engineered solutions for renewable and conventional energy markets, has acquired fabrication business Francis Brown. Established in 1903, Francis Brown is a manufacturer of pressure vessels and structural fabrications. The move strengthens and broa

A family-owned and operated Scottish car dealership group has expanded its operations with its new Dundee Ford Centre thanks to £3 million funding from the Royal Bank of Scotland (RBS). Dalkeith Retail Centre Ltd T/A Your Ford Centre will use the funding to purchase its fifth site which will s

The Glasgow-headquartered pensions and SIPP provider @sipp firm has promoted a long-serving team member to finance manager, and elevated finance director Steve Lancaster to the newly created chief operating officer (COO) role. Mr Lancaster will oversee @sipp’s sales and operations departments

Bellway’s plan to buy smaller housebuilder Crest Nicholson for around £720 million is now off despite months of negotiations.