News

The winner of the Netflix reality show Squid Game: The Challenge has said that she has not received the $4.56 million (around £3.63m) prize she was promised.

Johnston Carmichael has reinforced its business advisory team by appointing Jim Lockhart as a new partner in its expanding Glasgow office, which saw 13 promotions in December. Mr Lockhart has over 25 years of experience working across the finance sector for firms of all sizes, ranging from a five-pa

The Scottish Budget is under pressure to boost the housing sector, as highlighted by property firm DJ Alexander Ltd. The company's CEO, David Alexander, stresses the urgent need for governmental action, including stimulating private sector building, expanding social housing, and revising the Land an

Glasgow-based Consilium Chartered Accountants has successfully provided financial due diligence services to Smedvig Capital for its investment in Minut AB, a Swedish technology firm. The deal, which saw Smedvig invest $5 million (around £4m) in Minut, based in Malmo, is part of Smedvig's ongoi

BGF, the UK and Ireland-based growth capital investor, has become a certified UK B Corporation (B Corp). BGF’s B Corp status reflects its long-standing commitment to creating a positive impact both within and beyond the organisation. Through its investments, BGF seeks to foster sustainable, re

Surplus funds resulting from the winding up of one of Scotland's oldest charities have been passed on to the Rock Trust to go towards the prevention of youth homelessness. At the request of Balnacraig School's board of directors, the liquidator Shona Campbell, of Henderson Loggie, has passed &p

Inverclyde-based Ardgowan Distillery has appointed David Keir a new sales and marketing director as it begins construction on its £20 million state of the art ‘cathedral of whisky’. With more than 25 years’ experience building premium spirits brands, including Bruichladdich,

The rental market in Scotland has seen significant fluctuations over the past year, with the average rental price for newly let properties rising by 12.9%, according to Zoopla's December report.

The appearance of graffiti has sped up the repair and reopening of an Edinburgh road, it would seem.

Scottish Enterprise has written off nearly £30 million in failed investments and recorded £106m from company sales in its most recent financial year. The agency, which provides loans, grants, and investments to businesses, recorded a total write-off of £29.9m from 111 companies for

UK Finance has unveiled its housing and mortgage market forecasts for 2024 and 2025, alongside a review of 2023 showing that the UK mortgage market has experienced significant pressures in 2023 due to rising interest rates and increasing household costs.

Scotland’s Towns Partnership (STP) has appointed Kimberley Guthrie as its new chief officer. She has taken up the permanent post after carrying out the role on an interim basis since the beginning of April.

The Scottish private sector has experienced a continued decline in activity in November, as highlighted by the latest Royal Bank of Scotland PMI. At 47.1, up from 46.5 in October, the Scotland Business Activity Index posted below the crucial 50.0 mark for the third month running. The decline in priv

Scotland is continuing to lead the way in the creation of green jobs, with the highest proportion of roles advertised compared with other areas of the UK. According to PwC UK’s latest Green Jobs Barometer Scotland is one of only two nations or regions, alongside Northern Ireland, to have recor

MEININGER, an international hotel chain, has announced it will expand its footprint to Edinburgh by transforming a 1970s office building into a new hotel. The project, a collaboration with property developer S Harrison, will refurbish Osborne House in the Haymarket area into a 157-bedroom hotel, fea