News

Gross operating profits, occupancy and room rates of Scottish hotels rose in January, but there’s uncertainty ahead for the industry amid ongoing tensions in the Middle East, according to RSM UK. The data, which is compiled and produced by Hotstats and analysed by RSM UK, showed that while gro

Aberdeen-based OEG Energy Group has launched a new all-employee initiative to enable its staff the opportunity to build wealth at work. The ‘Shared Prosperity Plan’ gives employees a stake in the value they help to create as the group expands its integrated services across conventional a

New research from the University of St Andrews Business School has shown that national elections are linked to changes in financial system stability. Using data from banks across 22 advanced economies such as the United States, the United Kingdom, Japan, Germany, France, and Canada between 2000 and

FinTech Scotland has announced that Atos, a global AI-powered digital transformation firm, has joined the Scottish fintech cluster as a technology strategic partner, strengthening the cluster’s ability to drive collaborative innovation and growth.

Edinburgh-based healthtech company Bioliberty has raised £7.7 million over the past ten months to advance its AI-powered rehabilitation technology, with the most recent funding comprising a £6.2m Series A round led by a £3m commitment from the Scottish National Investment Bank. The

Police have announced a successful operation which led to the seizure of cocaine, cannabis, ketamine, cash – and stolen cornflakes. West Yorkshire Police said a raid on six addresses led to the seizure of drugs with a street value of £750,000, as well as an estimated £10,000 in cas

Scottish Mortgage Investment Trust, valued at £15.2 billion and managed by Edinburgh-based Baillie Gifford, is seeking shareholder approval to expand its capacity to invest in private companies. The trust currently caps private company investment at 30% of total assets at the time of purchase.

Altrad Sparrows posted a pre-tax loss of £11.7 million in its 50th year of business, as turnover at the Aberdeen crane and inspection services firm fell sharply from £150.5m to £102.6m for the year to 31 August 2025. Directors attributed the revenue decline largely to reduced activ

Lismore Real Estate Advisors (Lismore) has advised on the £23.4 million acquisition of Hanover Buildings at 66-84 Rose Street in Edinburgh, on behalf of Lothian Pension Fund from Oval Real Estate.

Knight Property Group has secured a new tenant for its refurbished office space at 110 George Street in Edinburgh city centre. Brindley Associates is relocating from its current premises at Hunter Square and has agreed a ten-year lease on the 1,500 sq ft second-floor office suite within the building

Scotland’s commercial property markets are showing signs of stabilisation as inflation and interest rate pressures ease, according to the latest Scottish Property Review 2026 from property consultancy Ryden. The annual report finds that while many occupiers remain cautious due to operating cos

Shops occupying medium sized and larger premises in Scotland are set to pay £54 million more in business rates than their equivalent-sized counterparts down south in the coming year, from 1 April. The figure was revealed in response to a written parliamentary question from Mid Scotland & F

Akre, a Fife-based natural capital developer, has secured £3.3 million of finance from sustainable lender Triodos Bank UK. Headquartered in Fife, Akre was established by the Drysdale family in 2020 and has since constructed a state-of-the-art nursery – Akre Trees. The site, which has bee

Edinburgh-based Earth Blox, a technology company helping organisations understand how nature loss and climate hazards affect financial performance, has secured £6 million in new investment led by PXN Ventures with support from Scottish Enterprise, follow-on investment from Archangels and fund

Scotland’s businesses would benefit from a regionally-balanced, investment-led growth model, the Scottish Chambers of Commerce has said, responding to Rachel Reeves’ Mais Lecture. The business organisation backed the Chancellor’s vision of an "active and strategic state" to drive p