News

Company insolvencies in Scotland have dropped 8% in November 2023 when compared to November 2022, according to the latest statistics published by the Insolvency Service. This November there were 109 company insolvencies registered in Scotland. This was comprised of 30 compulsory liquidations, 7

New powers enabling councils to charge up to double the full rate of council tax on second homes have been agreed by the Scottish Parliament. Councils will be able to increase the charges from 1 April 2024, with rates for the first year being based on those from 2023-24.

Keoghs is continuing its expansion in Scotland with the appointment of two new partners in the motor and disease teams at its Glasgow offices. Laurie Traynor and Zoe Strong, previously from Ince & Co and Weightmans respectively, will join Keoghs Scotland.

The Scottish Government has been faced with a £1.5 billion shortfall in funding for next year due to increased spending pressures and new announcements, according to the Fraser of Allander Institute at the University of Strathclyde. This represents one of the most challenging fiscal backdrops

Glasgow-based factoring firm Newton Property Management has successfully acquired Morison Walker Property Management, a historic company rooted in Greenock since its inception in the early 19th century. The acquisition sees Newton, a member firm of The Property Managers’ Association Scotland,

A number of Scotland's finance and business industry bodies have signed an open letter addressed to the Scottish Government ahead of next week's Scottish Budget due on 19 December. They have articulated their collective stance and concerns regarding the upcoming Scottish Budget, emphasising th

The Bank of England (BoE) has again decided to maintain the base interest rate at 5.25%. This decision came amidst Governor Andrew Bailey's assertion that considerable effort is still needed to bring inflation down to the standard 2% target. The Monetary Policy Committee (MPC) voted six to three in

FinTech Scotland and Smart Data Foundry have announced the winners of their UK Fintech Innovation Challenge.

Scottish egg production stalwart, Robert Chapman, has announced he is passing the mantle of managing director to his son Iain, 40, while retaining his role as executive chair. The 67-year-old says now is the perfect time – having recently come through a very busy couple of years whic

A flood of green investment into Scottish land holdings could deepen divides between landowners and rural communities if new policies and regulation don’t keep up, a study by researchers at The James Hutton Institute has found. The Scottish Government-funded research, being published today, in

More than 400 hospitality businesses and workers have signed an open letter to the First Minister Humza Yousaf, urging him to save Scottish hospitality.

Royal Bank of Scotland is joining forces with Social Bite to host a Christmas dinner for people who’ve experienced homelessness.

A century old Christmas tree is set to go up for auction.

Real estate advisory CBRE has appointed Sarah Hagen as a director at the firm's Glasgow office. She will lead the Glasgow Office Agency team with responsibility for investor and occupier services. Ms Hagen joins following a nine-year stint at Knight Frank, where she has been a partner.

Listed housebuilder Springfield Properties has said it is confident of meeting market expectations for the year to May 31 2024 despite continued "uncertainty" in the market.