News

Scotland's hotel industry experienced a robust August, with increased room rates, higher occupancy, and a boost in gross operating profits, largely driven by popular events like the Edinburgh Fringe Festival, according to RSM Hotels Tracker.

Scottish retail destinations displayed an encouraging uptick in footfall for September, according to recent SRC-Sensormatic IQ data. The data reveals a 1.0% increase year-on-year (YoY), performing 0.6 percentage points better than August and notably outstripping the UK average, which exper

The Scottish Retail Consortium (SRC) has appointed Debbie Harding, chief people & corporate officer at Dobbies Garden Centres, as SRC chair. Ms Harding will succeed John Brodie M.B.E. who has served as SRC chair since January 2018, in Spring 2024.

One of Glasgow's flagship hotels, Radisson Blu Glasgow, has recently completed a £15 million overhaul, revealing nearly 250 redesigned bedrooms.

Samsung has unveiled a credit card which can be tracked by its users. The card, launched for South Korean clientele in partnership with KB Kookmin Card and American Express, is embedded with the tech behemoth's SmartThings Find technology, enabling users to trace its physical location through Samsun

Creating businesses with environmental and societal impact has been the resounding motivator for this year’s Converge Award winners. At the 13th annual ceremony, Scotland’s springboard for university founders recognised spinouts and start-ups which are set to transform society, people an

An Aberdeen-based accountant and business advisor has scooped a prestigious UK awards double. Simon Cowie, managing partner at Infinity Partnership, has been named Practice Leader of the Year at the 2023 Accounting Excellence Awards in London.

The British Business Bank has unveiled its new £150 million Investment Fund for Scotland, unlocking additional funding to help smaller businesses to prosper and thrive.

Dublin-based Dalata Hotel Group has announced it will expand its presence in Scotland with a new £50 million luxury Clayton Hotel in Edinburgh.

Richard Howson, the former chief executive officer of Carillion Plc until 2017, has been disqualified from acting as a director for eight years. An Insolvency Service spokesperson said: "The Insolvency Service, acting on behalf of the Secretary of State for Business and Trade, has accepted a disqual

Industry organisation Scotland Food & Drink has made four new senior appointments including Gemma Gillespie as finance director and the promotion of Amanda Brown to programme director. The appointments come as the organisation strengthens its senior team following the launch of a new 10-year nat

The business landscape has entered a state of rapid change and uncertainty, primarily influenced by geopolitics, according to KPMG’s annual survey of more than 1,300 CEOs – 150 in the UK – of the world’s largest businesses.

Following its successful inaugural year, the Transform Business Festival is poised to make its return to Aberdeen on 14 November 2023 at the Aberdeen Science Centre. The festival unites entrepreneurs, start-ups, and businesses of all sizes from across the region for a full day of interactive worksho

ACCA Scotland has responded to the UK government's plans to launch more stringent initiatives to curtail the persistent problem of late payments, which particularly plagues SMEs. This move is part of the forthcoming Prompt Payment & Cash Flow Review aimed at reinforcing and better executing curr

A museum worker who used his access to steal paintings and auction them off to fund a "luxurious lifestyle" has been spared jail. The 30-year-old worker with a role in managing the collection of a Munich museum admitted stealing four paintings over a two-year period, in one case replacing the origin