News

The economic and social benefit created by the delivery of mid-market rent (MMR) properties has been highlighted in a new report commissioned by not-for-profit developers HHA and Lar Housing Trust, and fund and asset manager for social housing Thriving Investments.

Scottish retail sales experienced a significant decline in June 2024, dropping by 3.6% compared to the same period last year.

Scotland's private sector output continued to grow in June, according to the Royal Bank of Scotland Growth Tracker, but at a slower pace compared to May. The headline Business Activity Index, posted above the neutral 50.0 mark, but ticked down to a five-month low of 51.9, from 55.2 in May, reflectin

Edinburgh-based fintech-for-media platform Recast has closed a $5 million (£3.9m) funding round. This round was led by the US-based venture capital firm Morpheus Ventures, with additional investments from Airstream Ventures and Cooley.

An Argyll distillery, Beinn an Tuirc Distillers Ltd, has received £4,922 in funding from Highlands and Islands Enterprise (HIE) Shared Prosperity Fund to develop two new products. The Kintyre-based distillery is investigating the development of two new canned ready to drink cocktail recip

Glasgow’s first venture studio dedicated to developing innovation-driven enterprises has been launched by the Glasgow City Innovation District (GCID).

Lanarkshire-based bakery and confectionery ingredients supplier R&W Scott has transitioned to and begun operating under an employee ownership trust (EOT). Under this new structure, all the company shares are acquired by the EOT for the benefit of its employees – allowing R&W Scott staf

Three members Aon plc's Glasgow office pensions team have been named finalists in the prestigious Women in Pensions Awards. The professional services firm is celebrating the shortlisting, and in total, 40 Aon colleagues have been shortlisted nationwide.

Johnston Carmichael has reshaped its leadership team with the appointment of a new senior partner and chief executive officer. Mark Houston, chair, becomes senior partner while Lynne Walker, formerly the firm’s vice chair, and head of business advisory, becomes CEO.

Robertson Group has appointment Irene Wilson as chief financial officer and Colin Mitchell as group finance director. Ms Wilson has been with Robertson Group for 20 years, most recently holding the position of group finance director, while Mr Mitchell has been with the business for almost six years

A Chicago homeowner was left reeling after a clerical error resulted in his property tax bill increasing sixteen-fold from $1,800 (£1,405) to more than $30,000 (£23,430).

Grant Thornton UK LLP is reportedly exploring a potential sale of a stake in the firm to private equity investors.

Following a strategic review of its economic analysis, data analysis, research and market monitoring functions, the Financial Reporting Council (FRC) has announced the reorganisation of its existing resources into two newly structured teams. This will enable delivery of better stakeholder outcomes a

A new survey by HSBC UK reveals Scots are more confident about their debt management knowledge than the rest of the UK, as 72% of Scottish respondents understand debt consolidation, exceeding the UK average. In Glasgow, this figure rises to 76%, demonstrating a strong awareness of financial options.

UK accountancy firms have praised the Institute of Chartered Accountants of Scotland (ICAS) for its redefined and market-leading approach to accountancy training. The new approach is already delivering impressive results for students and businesses alike through an evolved delivery model that gives