News

Rettie & Co. has shed light on the current state of the residential investment landscape in the country, specifically regarding the private rental sector (PRS) and build to rent (BTR) market. The details are outlined in the company's latest report, Build to Rent Scotland, Scottish Market Review

Mactaggart & Mickel Group has completed a £4.25 million acquisition of a rental property scheme at Love Loan, a modern neighbourhood development in Glasgow's city centre. Situated just off George Square, this area has been designed to complement Glasgow's energetic hospitality and social s

Murray Income Trust Plc, a fund managed by abrdn, has declared a fourth interim dividend of 12.75p per Ordinary share for the year ended 30 June 2023 (2022: 11.25p), marking fifty years of dividend increases at the firm. The dividend will be paid to shareholders on 14 September 2023.

Engineering business Martin Precision Ltd has transferred to employee ownership thanks to advice and support from Glasgow-based Consilium Chartered Accountants. A majority shareholding in the third-generation family business - a global player in the manufacture and supply of precision components for

Leading figures from business, trade unions, equality groups and academia are coming together to advise the Scottish Government on its fair work agenda.

In a recent auction that underscores the frenzied state of London's real estate market, an unused four-storey metal stairwell was sold for £25,000, 20% more than its starting bid. The Twickenham stairwell, unused since the connected office building was converted into residences in 2016 and the

The whisky industry has expressed deep concerns over the 10.1% rise in alcohol duty which came into effect on 1 August, warning of potentially severe consequences for Scottish businesses.

Clarus Networks Group, an Edinburgh-based connectivity and network specialist, has appointed Paul Coffey to the role of chief technology officer, following a remarkable year of growth, nearly tripling revenue and doubling the number of employees across all service areas. The sales boost has been par

Scotland's personal injury discount rate (PIDR) is expected to change from October 2024 following a recent consultation, according to Clyde & Co. The firm recently hosted a roundtable event where senior representatives from more than a dozen insurance companies debated the potential impact of pr

CDLH Chartered Surveyors have completed the sale of the Abbotsford Lodge Hotel, a 14-bedroom property located in the village of Callander, for an amount above the £595,000 asking price. The property, including a large owner's house, staff accommodation, and a self-catering unit, was sold&

Drinks conglomerate Diageo has celebrated a 12% increase in global Scotch whisky sales for the year ended 30 June 2023. The London-listed company, which owns almost 30 malt distilleries in Scotland, across which it employs 3,500 people, reported a 5.1% rise in operating profit to £4.6 billion,

Martin Precision Ltd, a precision engineering firm located in Lanark, has transitioned to an employee ownership trust (EOT) structure, coinciding with its 30th year in business. Founded in 1993 by William Martin, the company has cultivated a global reputation, specialising in the manufacture and sup

Taylor Wimpey has reported a 21% fall in revenue and a 29% drop in pre-tax profit as rising interest rates knocked the housing market. In a trading update issued today, the housebuilder revealed revenue in the six months to 2 July 2023 fell to £1.64 billion from £2.08bn the yea

Aberdeen house prices have grown by 1.5% in Q2, according to newly published data on the Aberdeen housing market.

A community initiative to support local business in the Isle of Mull has obtained a grant of up to £250,000 from Highlands and Islands Enterprise (HIE). The project, with a total value just shy of £1 million, is being led by the Mull and Iona Community Trust (MICT), with additional backi