News

Aberdeen-headquartered Wood Group has announced the sale of two non-core businesses, EthosEnergy and CEC Controls, expected to generate net proceeds of approximately $165 million (c. £125m) in 2024.

HALO Invest, a wholly owned subsidiary of Sydney-headquartered fintech firm HALO Technologies, has announced its intention to set up a new operations and development centre in Glasgow and create more than 60 jobs over the next two years. Douglas Boyce, formerly of Interactive Investor and FNZ, has b

The Financial Conduct Authority (FCA) has revealed it intends to launch a market study into how pure protection insurance products are sold following concerns that competition is not working well in the market.

City leaders have expressed concerns over the Prime Minister's warning of a "painful" Budget this autumn, urging caution against "punishing risk-takers" and "taxing wealth creators". In his first major speech from No 10's Rose Garden, Prime Minister Keir Starmer revealed that public finances are "wo

House prices in Scotland's island regions have outpaced those in the rest of the country, with a 30% increase to £182,000 since 2018, according to Registers of Scotland. This compares to a 23% rise on the mainland, where the median now stands at £185,000, its report states.

A Scottish links golf course is using sustainability as a driver for growth as it prepares to open a new energy-efficient clubhouse, thanks to a £5 million funding package from Bank of Scotland.

A Caithness-based distiller will transform a historic grain mill into a whisky distillery having acquired the site supported by a £2 million funding package from HSBC UK. Situated at the west end of Dunnet Bay, the Castletown Mill is a large, traditional stone-built water-powered grain mill, w

Work to begin the redevelopment of the New Picture House Cinema in St Andrews has taken a further step forward with the approval of the operator’s alcohol licence by Fife Council.

A man has spent £30,000 building his own canal in his garden – complete with a functioning lock system and a narrowboat converted into a swimming pool.

Scottish bottled water brand Highland Spring is set for a significant expansion after managing director Simon Oldham revealed plans to double the company's size, fuelled by a £10 million investment in its Perthshire operations. This investment will boost capacity by 25% and crucially, enable H

Shoplifting is up by more than a third since last year, according to new police figures. The latest recorded crime figures reveal that 40,554 alleged shoplifting crimes were reported to police in the year ending June 2024, up from 30,202 the previous year and 27,045 in the year ending June 2020.

Plans led by Sir Andy Murray’s mother for a new community tennis and sports centre at Park of Keir will no longer materialise.

Private equity firm Maven Capital Partners has strengthened its presence in Scotland with the appointment of three new investment professionals. Victoria McLaren and Craig McGill join as investment managers where they’ll lead on deal origination and execution, with a focus on Scottish deals an

Scotland’s small firms have experienced a significant rise in late payments, as business confidence fell in the run up to the General Election, the Federation of Small Businesses (FSB) has revealed. FSB’s Small Business Index (SBI) for Q2 2024 found more than three-fifths of Scottish sma

ESPC Mortgages has appointed Lisa Bell as a mortgage advisor to its award-winning team at the company’s property information centre on Edinburgh’s George Street. Commencing her role on 31 August, Ms Bell will be available for independent, specialist mortgage advice alongside colleag