News

A unique and unpublished coin from the reign of David I of Scotland (1124-1153) that was minted in Carlisle fetched a hammer price of £32,000 – doubling its pre-sale estimate.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

The Scottish Financial News website will be temporarily offline for scheduled maintenance this Sunday 22nd September from 2pm. This downtime will allow us to make a suite of website improvements for the benefit of our readers.

ISG plc is expected to follow its subsidiary companies by entering administration today. Six of the contractor's subsidiaries, including ISG Construction, applied to enter administration yesterday.

Lindsays has appointed Lisa Mannion as a senior associate in its residential property team in Dundee. A graduate of the University of Dundee, she has spent the past 11 years working in the city, previously with Thorntons.