News

Innovation Minister Richard Lochhead will tell a gathering of potential investors meeting in Edinburgh today that Scotland’s cutting edge space industry can lead Europe. He will set out Scotland’s ambitions, which include capturing a £4 billion share of the global space market, to

Wemyss Family Spirits, which owns and operates Kingsbarns Distillery near St Andrews as well as Wemyss Malts, has decided to phase out its presentation boxes and cartons from across its whisky brands as a major step towards reaching net zero carbon emissions. The commitment by the family-owned busin

Edinburgh's Holyrood Distillery has secured a substantial funding package of over £2 million from specialist wine and spirits fintech Ferovinum to propel its domestic and international growth plans in 2024 and beyond. This funding will be utilised to unlock capital from Holyrood's maturing cas

SCAPE Scotland has launched its new £1bn Utilities Works and Services framework, designed to empower utility sector organisations to shape their utilities projects and programmes through an accelerated, direct award model across Scotland.

Edinburgh-based private bank Hampden & Co has strengthened its team with the appointment of Martin Hillyer as intermediary relationship director. He will report to Hannah Berridge, head of professional partnerships at the bank.

Former Glasgow Airport CEO Derek Provan has been elected as the new president of Glasgow Chamber of Commerce. Outgoing president Gillian Doherty will remain a board member following completion of her term with Mr Provan being elected to the post at the recent AGM on Monday 29 January.

New insights from the Aberdeen Solicitors Property Centre (ASPC) have revealed a 3.1% dip in property prices in the city over the past year, amidst this, a positive quarterly rise of 0.5% offers a ray of hope.

Real estate advisor CBRE has released its latest findings on Scotland's key office markets, focusing on Edinburgh and Glasgow during the final quarter of 2023. While take up was slightly down on the previous three months, Edinburgh and Glasgow are showing positive signs of recovery with significant

HSBC has been slapped with a £57.4 million fine by the Bank of England's Prudential Regulation Authority (PRA) for "serious failings" in safeguarding customer deposits over a seven-year period from 2015 to 2022. This marks the second-largest fine ever imposed by the PRA. The initial fine 

Tech-enabled business critical services group AAB has appointed four new partners and elevated three to director level in Scotland, as part of a wider promotion round across offices in the United Kingdom and Ireland. In Aberdeen, Amanda Ollason and Graeme Penman, have been promoted to corp

Business confidence in Scotland has dropped below both the UK average and the historical norm for the country, but remains in positive territory, according to a new survey of chartered accountants. Sentiment tracked by ICAEW’s Business Confidence Monitor (BCM) for Q4 2023 put confidence at 2.0

Scottish start-up business Trademylux Limited has secured a £300,000 investment from TRICAPITAL Angels Limited and Scottish Enterprise as it launches the first in a series of luxury goods resale platforms. Trading as sellmyartworks.com, the first venture will focus on the art resales market an

Big Four firm EY has initiated the monitoring of office attendance for its UK employees, using a swipe card entry system and circulating the data at senior levels.

The UK construction sector is facing an “immensely difficult period” after 4,370 construction companies went bust over the past year, according to new data.

A man has been arrested on suspicion of robbing a bank just three days after being acquitted of robbing a different bank.