News

The Scottish Retail Consortium (SRC) has called for public spending restraint rather than tax increases to form the bulk of the action needed to plug the Scottish Government’s projected £1 billion spending gap next year. The gap in the devolved government’s finances is forecast to

S Hotels & Resorts, advised by Savills, has acquired the freehold of Mercure Glasgow City Hotel on Ingram Street from Alternative Income REIT for £7.5 million.

Scotland's financial health has seen improvements in the past year, with particular emphasis on the country's growing fiscal balance, revealed in the latest Government Expenditure and Revenue Scotland (GERS) figures)

In a recent response to the Department of Business and Trade's (DBT) survey on non-financial information, the Institute of Chartered Accountants of Scotland (ICAS) highlighted the significance of non-financial reporting for businesses.

EY has promptly rebuffed a recent proposition by American private equity firm TPG Capital to divide the firm into two distinct units.

Utopi, an environmental social governance (ESG) technology specialist, has relocated to EastWorks in Dalmarnock to further its expansion strategy. This move makes Utopi the first occupant of the restored Victorian-era gas purifier shed, a project driven by Clyde Gateway to encourage greater business

Turnover at Gillespie Macandrew has reached £16.8 million, representing an increase of 11% on the previous year. The firm's financial results for the year ending 28 February 2023 indicate that it has achieved double digit income growth for the second consecutive year.

Sunhope Packaging Machinery (ZHENJIANG) Co., Ltd which offers packaging solutions worldwide, has announced it is setting up a new UK division called Sunhope Packaging Machinery (UK) Ltd in Glenrothes.

A giant kebab costume has been sold at auction for over C$16,000.

The Scotch Whisky Association (SWA) has released new figures demonstrating that exports in the first half of 2023 are continuing to deliver for the UK economy, as consumers drive the global trend for choosing higher quality products such as Scotch Whisky.

Global real estate advisor CBRE has been appointed to sell a cinema portfolio, which encompasses eight establishments across the UK. One of the cinemas is in Clydebank, with the others located in other parts of the UK.

Almost half of Scottish businesses believe that the Bank of England should resist raising interest rates any further as they continue to battle challenging economic conditions for trading, according to the latest Addleshaw Goddard Scottish Business Monitor (SBM) report.

The volume of venture capital (VC) invested into Scotland’s start-ups has dropped significantly in the second quarter of 2023 as the deals market continues to experience a slowdown, according to KPMG’s latest Venture Pulse report. During the second quarter of the year, 28 deals totalling

Unity Trust Bank has reported a record level of lending in its half-year results – exceeding £900 million for the first time in its history and growing 9% from last year.

Freeths has appointed Gary Georgeson as a legal director in its real estate team following its launch in Scotland. Joining from CMS, Mr Georgeson has over 17 years’ experience in the commercial property sector advising on all aspects of real estate matters, but with a particular emphasis