News

The average selling price of property in Edinburgh, the Lothians, Fife and the Borders was £284,624 during May-July 2024, which is almost exactly the same as the average seen in May-July 2023 (£284,167), according to new figures from ESPC.

abrdn plc has posted its half year results with adjusted operating profits rising by £1 million from £127m in H1 2023, to £128m. Jason Windsor, interim chief executive officer, said that in the first half of the year the firm has made an "encouraging start" as it became "more effic

Wbg, the independent accounting advisory, audit and tax firm, has made two senior appointments to newly created roles to drive forward its growth plans. As people & culture partner, Victoria Kirkhope’s role is to lead the people and culture agenda across Wbg to help underpin its ambitious

Sir Rocco Forte, chairman of the Eponymous Hotel Group, has criticised plans to introduce a 7% tourist tax in Edinburgh, warning that the move could not be compared to other European cities that impose a flat rate charge.

AAB has been named as the most prolific financial adviser in the Scottish M&A market in the first half of 2024. There were a total of 196 transactions with a total value of over £3bn in the first six months of the year, according to the latest Experian United Kingdom and Republic of I

Addleshaw Goddard remained the top legal adviser for mergers and acquisitions (M&A) in Scotland in the first half of this year, according to the latest Experian United Kingdom and Republic of Ireland M&A Review. The firm advised on 11 deals, ahead of CMS, which took second place with ei

The largest Scottish river pearl found in living history is expected to net up to £60,000 at auction this month. The Abernethy Pearl, found in 1967 by Scotland’s last pearl fisherman, William (Bill) Abernethy, will be auctioned by Lyon & Turnbull on Wednesday 21 August.

Financial services leaders in Scotland are more positive about the sector’s future growth under the new government, according to KPMG’s latest UK Financial Services Sentiment Survey. The quarterly poll, which was conducted after the general election, tracks sentiment among over 150 leade

Glasgow City Council's executive director of finance, Martin Booth, is to step down at the end of the year. Mr Booth, who has held the post since May 2018, said it had been "a privilege to work for the city" but wanted to "think about focusing on something new", according to The Herald.

Barclays has become the new title sponsor for Scottish Women’s Football national leagues.

Julie Tait of Grant Thornton UK LLP has been appointed as provisional liquidator of Atherton Corporate Rescue Limited. Provisional liquidators have been appointed to connected companies Atherton Corporate (UK) Ltd and Atherton Corporate Rescue Limited, which offered a service to facilitate the sale

Networking and connectivity solutions provider Commsworld has secured a new contract worth £35 million over five years to provide network services to Glasgow City Council. Under the contract, one of the largest in the Scottish-headquartered company's history, Commsworld has responsibility for

Independent financial advisory firm Interpath has announced that James Dewar and Joyce Thomson have successfully obtained their insolvency permits. The pair now join Interpath's head of Scotland Alistair McAlinden and managing director Geoff Jacobs as the firm's Scottish corporate insolvency practit

The new UK government has cancelled a planned retail share sale of its remaining stake in Royal Bank of Scotland-owner NatWest.

One year after the 10.1% hike in alcohol duty, gin and whisky makers say the boom industry has been stifled. The August 2023 hike, the largest in almost 50 years, saw prices rise significantly. ONS data reveals the average price of red wine increased by 8%, gin by 6%, and fortified wine by 17%, acco