News

The business landscape in Scotland has become increasingly strained due to a combination of high interest rates and escalating operating costs, leading to growing numbers of businesses experiencing either early or advanced financial difficulties. As detailed in the latest Red Flag Alert data fr

A woman has successfully obtained a court order to evict her two adult sons, who declined to move out while refusing to pay rent or perform chores. The 75-year-old woman from the northern Italian city of Pavia was forced to go to court to resolve the situation with her two sons, aged 40 and 42, The

Edinburgh-based payment orchestration innovator BR-DGE has unveiled a strategic collaboration with digital trust & safety firm Sift to bolster the defence against payment fraud for merchants. The partnership facilitates BR-DGE merchants to leverage Sift's advanced machine learning platform for r

Digital bank Monzo has progressed to advanced discussions regarding a funding round of over £300 million.

An Edinburgh-based deep-tech robotics and agri-tech business, Crover, has been awarded £50,000 in funding to further its study of artificial intelligence (AI) solutions. The firm secured Innovate UK funding to progress their study of remote autonomous operations of a grain-swimming robot.

Scotland's hotel sector has experienced robust performance this summer, with luxury hotels playing a pivotal role in the post-pandemic recovery, average room rates have grown as well as revenues per available room across Scotland.

An ensemble of international investors are set to share their insights on how Scottish companies can maximise their scale-up ambitions at this week’s Invest2Scale gathering in Edinburgh. The group includes US-based investors Rose Vitale, the founder of FundHER World Capital; Aman Verjee, gener

C&A Thomason, a family-operated mussel farm based in North Yell, Shetland, has made significant enhancements to its operations thanks to a funding injection of £70,380 from Highlands and Islands Enterprise (HIE). The financial boost has enabled the Shetland business to procure equipment fo

The UK Supreme Court has ruled that a Scottish company director had acquired a securities option from his company as part of measures to financially rescue it and became subject to income tax after an appeal against an Inner House decision to the opposite effect was made by HM Revenue and Customs. V

Simpson & Marwick, one of Scotland's oldest legal and property brands, has been acquired by a new entrant to the Scottish estate agency market. The newly formed 'The Simpson & Marwick Group' has acquired the Simpson & Marwick estate agency business from Moray Group for a six-figure sum.

Kingdom Group’s payroll team has won the coveted In-house Payroll Team of the Year award at the Chartered Institute of Payroll Professionals Annual Excellence Awards 2023. The awards were established to recognise the important role that payroll and pensions play in the UK economy and are the l

Estate and letting agency DJ Alexander Ltd has opened a new branch in Aberdeenshire. The firm is opening a new office in Peterhead to serve an anticipated upsurge in rental demand in the coming year. The firm is also rebranding its Stonehouse offices in Aberdeen and Kemnay to DJ Alexander to unify a

A once lost marble sculpture, previously used to prop open a shed door in Invergordon, could fetch nearly £3 million.

Companies House has been given new powers to tackle fraudulent information on the company register under legislation which received royal assent yesterday. The Economic Crime and Corporate Transparency Act introduces what the UK government calls "world-leading powers" to allow authorities to proacti

The Scottish Chambers of Commerce has announced Heathrow Airport as the headline partner of the Annual Business Address taking place on 30 November 2023.