News

Aberdeen-headquartered Acumen Financial Planning has marked its 21st anniversary with reaching a milestone of over £900 million in funds under management across the Financial Planning Group. The year has also seen the firm welcome sixteen new staff members and several internal promotions,

Twenty-two Scottish firms and organisations have returned from an eventful trade mission to Barbados, unlocking numerous business opportunities. The mission, now in its fourth year, underscores the strengthening economic ties between Scotland and Barbados, bolstered by a 43% increase in trade betwee

CBRE has forecast a nascent economic recovery in the latter half of 2024, with a more robust rebound expected in 2025, according to its UK Real Estate Market Outlook 2024. This optimistic outlook is bolstered by the Bank of England's anticipated interest rate cuts in the second half of 2024, wh

Scotland's housing market exhibited a complex trend in October 2023, distinguished by a modest annual increase in average house prices, juxtaposed with a monthly decrease and a significant decline in residential sales volumes.

Scottish startup community group Foras has announced a new trip to showcase innovative Scotland-based businesses in the US. The group has opened applications for a funded cohort programme to Austin in March 2024 to coincide with the renowned South by Southwest (SXSW) conference.

Piramal Pharma Solutions (PPS), a contract development and manufacturing organization (CDMO) and part of Piramal Pharma Ltd. (PPL), inaugurated its expanded antibody-drug conjugate (ADC) manufacturing facility in Grangemouth. The event saw notable attendees like Adrian Gillespie, chief executive of

Inverness-based Highland Timber Construction has entered liquidation after failing to recover from the financial strain caused by the covid pandemic and a subsequent inability to secure new contracts.

In a revealing account of Istanbul's spiralling housing market, Hafize Gaye Erkan, the newly appointed head of Turkey's central bank, has been forced to move back in with her parents after she found herself grappling with the same housing affordability crisis affecting many in the city.

Crossbasket Castle, a luxury hotel on the outskirts of Glasgow, has been scheduled for a summer 2024 opening upon completion of a £15 million expansion. Owners Steve and Alison Timoney have announced plans to add a new 40-bedroom hotel, a destination restaurant, two eco-friendly lodges, and a

Financial forecasts for Scottish Registered Social Landlords (RSLs) remain robust but governing bodies could face difficult trade-offs as finances tighten, according to the Scottish Housing Regulator’s summary of the sector’s financial plans for the next five years.

Drinks manufacturer and owner of Tennet's Lager C&C Group plc has appointed Andrew Andrea as its new chief financial officer and executive director, effective 1 March 2024. Ralph Findlay, who has served as executive chair since May 2023, will revert to the role of non-executive chair following

The Scottish Retail Consortium (SRC) has appealed to the Scottish Government to shield businesses from significant tax hikes in today's forthcoming Scottish Budget.

Ahead of today's Scottish Budget, the Chartered Institute of Taxation (CIOT) and Institute of Chartered Accountants of Scotland (ICAS) have called on the Scottish and UK governments to use the tenth anniversary of the Smith Commission next year to review the implementation of Scotland’s devol

Non-profit cat rescue and rehoming shelter, The Cats Whiskers, has received a £150,000 funding boost from responsible finance provider Social Investment Scotland (SIS) to expand its facilities to take care of more than 150 cats and kittens over the coming year.

London-based Elbow Beach Capital, the decarbonisation, sustainability and social impact investor, has announced a £1m follow-on investment in Munro Vehicles, a manufacturer of all electric 4x4 vehicles and Scotland’s only volume production car company.