News

MBM Commercial has been named Law Firm of the Year at the 2024 Scottish Legal Awards, held in Glasgow on 19 September. The accolade is a testament to the hard work and dedication of the MBM Commercial team. It also underscores the trust and support of MBM Commercial’s clients, who have been in

Capital residents, businesses and visitors are being invited to have their say on the final plans to raise over £100 million by 2030 from tourism to support the city of Edinburgh. Launching immediately after the Visitor Levy (Scotland) Act 2024 came into force – which grants Scottish cou

Lesley Janes has been appointed as finance director at the Kingdom Group, taking up her new post on 11 November. A qualified chartered accountant with 15 years experience in a variety of sectors and roles, Lesley joins the Kingdom Group from Caledonia Housing Association where she is currently the i

A unique and unpublished coin from the reign of David I of Scotland (1124-1153) that was minted in Carlisle fetched a hammer price of £32,000 – doubling its pre-sale estimate. The coin was initially estimated to sell for £15,000-20,000 and was bought by a collector bidding via the

Loch Lomond Distillers has announced plans to expand its historic Glen Scotia distillery after posting a pre-tax profit of £12.4 million for the 15 months ending 31 December 2023. This represents a significant increase compared to the pro-rated profit of £5.5m in 2022. Turnover also rose

EY partners have been told to expect a second consecutive year of pay cuts, while many senior staff will not receive a salary increase this year.

Entrepreneurial Scotland, an independent charity focused on developing entrepreneurial leaders who can help deliver growth and quality jobs throughout Scotland, has announced a record year as it continues to support the next generation of Scottish business leaders via its Saltire Scholars Programme.

BlackRock, the global investment manager, has announced it is joining FinTech Scotland, the cluster management organisation for the fintech sector in Scotland. The announcement comes as BlackRock continues to develop local knowledge and talent as it expands in Scotland.

Invizius, an Edinburgh-based biotech company pioneering treatments for dialysis patients, has secured £950,000 in funding. The funding round was led by Mercia Ventures and supported by Calculus Capital, Syensqo, the University of Edinburgh's Old College Capital, and Scottish Enterprise.

A Clackmannanshire health and wellbeing business – danceSing – is reflecting on its success with care homes across Scotland. Founded in 2016 by former professional ballet dancer Natalie Garry, who had a vision of enriching lives through the power of music and movement, danceSing's i

Accountancy firm Wbg is advising operators to get their house in order before the forthcoming abolition of the furnished holiday lettings (FHL) tax regime. The abolition removes the specific tax treatment and separate reporting requirements for FHLs, so that income and gains from an FHL will then fo

New lender ScotLend has officially launched, offering funding and bridging finance solutions throughout the UK. Backed by industry veterans with decades of hands-on experience, ScotLend offers brokers and their clients speed, flexibility, and a deep understanding of the market.

Donald McLaren, managing director of McLaren Packaging, has won the EY Scottish Entrepreneur of the Year – transformational leader award. EY Entrepreneur Of The Year is a unique global programme that recognises entrepreneurial achievement among individuals and companies that demonstrate vision

A 240-metre tower powered by hydrogen is being planned in Egypt.

Two-year fixed mortgage rates are falling faster than longer-term deals for the first time in two years, as the Bank of England signals a gradual approach to reducing interest rates. Santander is now offering a two-year fixed rate below 4% on a 60% loan-to-value mortgage, while other major lenders h