News

Germany has objected to Turkish efforts to impose rules across the EU on what can and can't be called a doner kebab. Turkey is trying to secure 'traditional speciality guaranteed' status for doner, strictly defining it as beef and lamb horizontally sliced into cutlets with a thickness of 3-5mm, or c

NatWest Group's shares surged to 7.5% in Friday's morning trading after the bank reported positive first-half results, raised its annual outlook, and announced a £2.5 billion mortgage portfolio acquisition from Metro Bank. Despite a 7.7% drop in total income to £7.13 billion, NatWest's p

Edinburgh’s house price growth is inevitable due to its unique circumstances according to DJ Alexander. The lettings and estate agency said that over the last decade Scotland’s capital has benefitted from double digit population growth of well-qualified, well-paid, working age people fro

Armstrong Watson has welcomed a record 37 graduate trainees this year.

The Aberdeen housing market has shown "encouraging signs of increased activity" as the latest statistics recorded increases in all three main indices for the first time since 2022. The Aberdeen Solicitors’ Property Centre Limited (ASPC), in cooperation with the University of Aberdeen Busi

Azets has unveiled 32 promotions across Scotland, including Alan Glen as VAT partner in Edinburgh. Mr Glen has extensive experience advising a wide range of businesses and public sector organisations on VAT issues, from start-ups and spin outs through to owner managed businesses, international

FinTech and challenger bank Revolut has announced today that it has received its UK banking licence with restrictions from the Prudential Regulation Authority (PRA). Revolut now enters the ‘mobilisation’ stage, sometimes referred to as ‘Authorisation with Restrictions’, a com

Lloyds Banking Group reported a half-year pretax profit of £3.32 billion, a decline from the previous year due to increased costs and shrinking net interest income.

Scots property firm the SRE Group has agreed a lease with Isle of Harris Distillers for the 870 sq ft second floor at 25 Blythswood Square, Glasgow, meaning that the refurbished building is now fully let. With the distillery located in the heart of the Isle of Harris, the new space at 25 Blythswood

Scottish Enterprise has announced a new support programme for businesses ready to undertake capital investment but looking to develop leaders, change business processes as well as improve digital systems to maximise impact. Workplace Transformation Support will see grants of between £15,000 to

Accounting and advisory firm MHA has reported revenues of £180 million for the year end 31 March 2024, an increase of 27% on £142m reported in 2023. Revenue has doubled in the last 4 years from £90m in 2020. Total headcount is now 1,820 people across 24 offices with 136 partners.

Vini Cowden, an energy specialist lawyer focused on electricity transmission, carbon capture and storage, and offshore wind, has become the latest partner to CMS’s Aberdeen office. She relocates to the Granite City from Glasgow where she has been based since joining CMS in 2001.

Residents and industry are being encouraged to share their experiences of Edinburgh's short-term lets (STL) licensing. Available online until October, the City of Edinburgh Council is launching a 12-week consultation as part of a planned review of the local policy. This is in line with a decision ta

Scotland’s commercial property sector saw a marginal rise in overall occupier demand for the third consecutive quarter, supported by a less negative picture regarding demand for retail space, according to the Royal Institution of Chartered Surveyors (RICS). The latest RICS Commercial Prop

Business confidence in Scotland has increased marginally quarter-on-quarter but lags the UK average, according to ICAEW. Sentiment tracked by ICAEW’s Business Confidence Monitor (BCM) for Q2 2024 put confidence at 15.6 on the index, up from 15.4 the previous quarter and ahead of the historical