News

The UK economy showed meagre growth of 0.1% in November, following a decline in the previous month.

Lloyds Banking Group, owner of Bank of Scotland and the UK's largest retail lender, is set to axe hundreds of jobs, as part of a major restructuring effort. The bank aims to cut costs and digitise its operations, leading to changes affecting over 1,000 roles.

West One Loans' buy-to-let (BTL) division has started lending on Scottish properties for the first time. The move means brokers with clients looking to purchase or remortgage a BTL in Scotland can now access the lender’s leading range of first charge products. 

Energy advisory and engineering consultancy Apollo Engineering Consultants has reported a 20% increase in revenue to £12 million for the year ending 31 March 2024. This growth, achieved despite challenging market conditions, reflects the Aberdeen-headquartered firm's ability to deliver value a

The Federation of Small Businesses (FSB) Scotland has cautioned that the rushed introduction of the UK's first Visitor Levy could severely disrupt Edinburgh's accommodation sector. Scheduled for a council vote this Friday, the levy would see B&Bs, hotels, and other accommodation providers begin

Perth-based finance brokerage The Lending Channel has expanded its senior leadership team to five with the appointment of two new directors. Marc Gilmour joins as complex lending director and Dean Thomson as commercial director, bringing over 45 years of combined experience in commercial finance and

Knight Property Group has completed the acquisition of a 46,858 sq ft industrial unit on the outskirts of Uddingston in South Lanarkshire and has started a £0.5 million refurbishment project.

Perth and Kinross has been identified as the top local authority in the UK for having the strongest growth potential among its businesses. The recognition, announced at an event today, follows analysis of the expected distribution and value of business growth across the UK for the year ahead. Consid

EQ Accountants has welcomed a record 14 new graduates and trainees in 2024, after receiving over 150 applications – more than six times the usual number. This brings the total number of graduates currently studying at the firm to 47. The surge reflects a growing trend among young people to fav

A collection of letters and drawings from the writer of Winnie the Pooh are set to go up for auction this week after being found in a carrier bag. 

An online scammer tricked a woman out of more than €800,000 using AI-generated pictures of Brad Pitt. The 53-year-old French woman, named only as Anne, recently appeared on a French TV show to recount her story, saying that she was entirely convinced that the Hollywood star had fallen in love w

Angus Dundee Distillers, producers of Tomintoul and Glencadam single malt whiskies, saw turnover fall by nearly £20 million last year, according to their annual accounts. Pre-tax profits also decreased by 43%, dropping from £31m in 2023 to £17.6m to the end of June 2024. Turnover f

An innovative Scottish company looking to revolutionise the way buildings are insulated has secured a substantial six-figure investment. Sisaltech has successfully raised £800,000 in a funding round led by TRICAPITAL Angels, with backing from Scottish Enterprise.

UK inflation unexpectedly dropped to 2.5% in December, down from 2.6% in November, boosting prospects for an interest rate cut by the Bank of England next month. The decline, driven by lower hotel and tobacco prices, surprised City economists who had anticipated unchanged inflation figures.