News

A total of £300 billion is needed to deliver the additional million homes in the Private Rented Sector (PRS) required to meet the future household growth requirements by 2031, Savills has warned. According to the real estate advisor's latest report on the UK Build to Rent (BtR) secto

Aberdeenshire-based KR Group is nearing completion on two distillery projects which have generated almost £1.5 million for the steel and cladding company. The team have worked on over 25 distilleries across Scotland previously, however, recent projects at Glenfarclas Distillery and two new con

Brodies LLP has reported its fourteenth consecutive year of growth, posting revenue of £114.3 million. In the financial year to 30 April 2024, the firm saw revenue grow by just over 7.5%, from £106.25m the previous year. Operating profit also increased from £48.6m to £49.2m,

Grant Thornton UK LLP has promoted Debbie Mayor to partner in its Scotland transaction advisory services team. Ms Mayor joined Grant Thornton in 2002 training in audit, before moving to specialise in transaction advisory services within the Scottish corporate finance team in 2006.

Employers should think ahead in preparation for the biggest changes to UK workplace laws in almost 30 years, Scottish lawyers have advised. Prime Minister Keir Starmer has vowed that his Labour government will start to introduce a raft of new legislation affecting everything from parental

Scottish Enterprise has launched a £35 million Manufacturing Property Challenge Programme for prospective developers of manufacturing property to create one million sq ft of new industrial space to increase innovation and Scotland’s attractiveness to inward investors. The initial phase w

Decommissioned data centres and former office sites belonging to Bank of Scotland-owner Lloyds Banking Group are to be redeveloped into new social housing projects. The group announced today that it plans to identify suitable housing partners in the regions who will be responsible for redeveloping t

The Intelligent Land Investments (ILI) Group has submitted a Section 36 planning application to the Scottish Government for its 1.5GW Balliemeanoch pumped storage hydro project in Argyll and Bute. The initiative will boost the UK’s renewable energy capacity and supply electricity to 4.5 millio

Pathways Forward is set to stage the inaugural Female Founders Growth Summit at the RBS Conference Centre at Gogarburn in Edinburgh on Thursday 5 September in partnership with Female Founders Rise, a UK-wide resource and community for female founders building growth businesses. The all-day event wil

A Japanese man has sparked outrage after allegedly withdrawing ¥40 million (£220,000) from his 82-year-old grandmother's bank account to fund his mobile gacha game addiction. The man's younger brother took to social media to seek advice, revealing on X that the family had attempted to reso

Berlin-based hospitality group NUMA has acquired Native Places, the short-stay business of Native Holdings, which has locations in Edinburgh and Glasgow, for an undisclosed sum. NUMA Group recently reached €2 billion in real estate assets under management and manages over 6,500 rooms

A recent survey by the Scottish Chambers of Commerce (SCC) has revealed growing concerns among Scottish businesses regarding taxation and recruitment, issues that could hinder Scotland's economic growth.

Henderson Loggie business recovery and insolvency partner Shona Campbell has been appointed by the directors of Charles Henshaw & Sons Ltd as administrator. The 120-year-old Edinburgh-based façade specialist has entered administration due to financial pressures from legacy contracts and p

Dundee-headquartered Insights Learning and Development has appointed Neil Millar, formerly head of finance, as its new director of corporate development and marketing. In his new role, Mr Millar will lead Insights corporate development and alliances agenda, build its strategic market planning capabi

The University of Dundee has been shortlisted as Entrepreneurial University of the Year in the Triple E Awards for Europe. The Triple E Awards are a global recognition of efforts towards the quest for entrepreneurship and engagement in higher education. The awards aim to foster change in universitie