News

abrdn and the University of Edinburgh have announced a pioneering project out of their partnership Centre for Investing Innovation that will seek to harness generative artificial intelligence (AI) to support the firm’s investment research process. Bringing together expertise from the investmen

An employee-owned Scottish campervan specialist has recorded its best opening two quarters ever, with turnover from January to June reaching £1.8 million. North Berwick-based Jerba Campervans reported a £600,000 increase against the same period last year, with founder Simon Poole attribu

Scottish property taxes reached £628.1 million in the year to May 2024, a £8.5m increase on the previous year (£619.6m), according to DJ Alexander Ltd. The Scottish property firm said this growth in land and buildings transaction tax was largely driven by the additional dwelling su

The Cumberland Building Society has joined industry experts from the worlds of legal, utilities and procurement to aid Scotland's hospitality sector as it faces staff shortages, rising costs, and sustainability challenges. With 175,900 jobs provided by almost 16,000 businesses across Scotland,

Redwood Bank has appointed seasoned finance expert Chris Pallis as its new business development manager in Scotland. Mr Pallis, who has 17 years of experience in finance with firms including Lloyds, Santander and Barclays, will leverage his network of contacts to continue Redwood

The historic Dallas Dhu distillery in Moray is set to reopen as a working distillery under the management of Aceo Distillers Company Limited. While Historic Environment Scotland (HES) will retain guardianship of the site on behalf of Scottish Ministers, Aceo will take over the management of distille

Miller Homes has purchased an 11-acre plot in the Dalhousie development from the Springfield Group, allowing for the creation of 85 new homes just outside Bonnyrigg.

Scotland's residential development market has seen a positive first half of the year, with a significant increase in viewings and reservations, according to Savills.

Scottish spirits company Edrington reported an 11% rise in core revenue for the year ending 31 March 2024, reaching £1.16 billion. Profit before tax grew 6% to £411 million. The growth was driven by double-digit sales of The Macallan, particularly in the Asia Pacific region and the globa

Revolut has posted a 95% surge in revenues to $2.2 billion (around £1.74bn), and a record profit before tax of $545 million (around £430m), marking the fintech's third consecutive year of profitability. The company attributed its success to a focus on core banking services in Europe, str

Amid a looming retirement crisis and cost of living pressures, 64% of UK adults are being held back from investing in the next six months due to low risk tolerance, lack of confidence in the UK stock market and low engagement with investment products, according to abrdn. The findings come from the g

A recent survey of nearly 100 Scottish finance leaders has revealed a sector poised for AI-driven transformation.

Perth-based fintech Miconex has picked up the 'A Force for Good' award at the 2024 PayTech Awards. A commitment to positively impacting people, places and businesses was the driver for Miconex being honoured at the recent PayTech Awards, held on 28 June at Merchant Taylors’ Hall, London,

Scottish motor vehicle repair garage Anderson Clark Motor Repairs has transitioned to employee ownership.

Edinburgh-based renewable energy company Red Rock Power has become the latest tenant to commit to a long-term lease at 30 Semple Street. The office development, being undertaken by Corran Properties Limited on behalf of CBRE Investment Management, will complete later in 2024.