News

In line with the wider global slowdown, investment into Scottish commercial real estate saw a significant decline in 2023, according to Colliers’ latest Scottish Snapshot.

Chivas Brothers, the Scotch whisky arm of Pernod Ricard, has unveiled its H1 FY24 financial results, reporting a -6% decline in organic net sales from July to December 2023. The dip is attributed to market and inventory normalisation after two years of exceptional growth. Despite this, the company m

NatWest, operating as the Royal Bank of Scotland in Scotland, has confirmed the appointment of Paul Thwaite as permanent CEO as it reports its strongest financial results since the 2008 financial crisis. The bank exceeded expectations by posting a pre-tax profit of £6.2 billion for 2023, marki

Virgin Money is bracing for a potential investor revolt as influential adviser Pensions & Investment Research Consultants (PIRC) has criticised the £2.6 million package awarded to CEO David Duffy, who has led the group since 2015 and weathered the £1.7 billion takeover by Clydes

Official figures have revealed that the UK has entered a technical recession at the close of 2023.

The Scotch Whisky Association (SWA) has announced that the global export value of Scotch reached £5.6 billion in 2023, equivalent to 1.35 billion 70cl bottles (43 per second). The figures show a decrease on 2022 exports for both volume and value, which the industry says was a “bumper&rdq

A Scottish spirits producer has called on the UK government to move to protect the country’s thriving gin industry. Kim Cameron, preparing to celebrate her 10th year as owner of Angus-based business Gin Bothy, met with key MSPs, MPs, Lords and other political figures at Holyrood, Westminster a

AAB has kept its top financial adviser ranking with 18 mergers and acquisition deals completed during 2023, according to Experian’s latest United Kingdom and Republic of Ireland M&A Review.

Scottish salmon has been named as the UK’s top food export in 2023, following the publication of annual HMRC figures.

Clydesdale Bank-owner Virgin Money is set to acquire Abrdn's 50% stake in their joint investment platform for £20 million, less than a year since its launch.

A £2 Lord Kitchener coin with a rare mistake has been sold at auction for £1,000.

Average house prices rose £7,599 in Scotland last year according to analysis of the latest statistics by property firm DJ Alexander Ltd. The firm, which is the largest lettings and estate agency in Scotland, said that the latest data from the monthly house price index shows that between Januar

Scottish Friendly’s latest Investor Index has shown that planning for future generations has been the greater priority for parents and guardians in Scotland. The leading financial mutual’s study of its members’ investment trends, revealed that between October to December last year,

The UK's Consumer Price Index (CPI) inflation has remained unchanged at 4% in January.