News

A giant kebab costume has been sold at auction for over C$16,000.

The Scotch Whisky Association (SWA) has released new figures demonstrating that exports in the first half of 2023 are continuing to deliver for the UK economy, as consumers drive the global trend for choosing higher quality products such as Scotch Whisky.

Global real estate advisor CBRE has been appointed to sell a cinema portfolio, which encompasses eight establishments across the UK. One of the cinemas is in Clydebank, with the others located in other parts of the UK.

Almost half of Scottish businesses believe that the Bank of England should resist raising interest rates any further as they continue to battle challenging economic conditions for trading, according to the latest Addleshaw Goddard Scottish Business Monitor (SBM) report.

The volume of venture capital (VC) invested into Scotland’s start-ups has dropped significantly in the second quarter of 2023 as the deals market continues to experience a slowdown, according to KPMG’s latest Venture Pulse report. During the second quarter of the year, 28 deals totalling

Unity Trust Bank has reported a record level of lending in its half-year results – exceeding £900 million for the first time in its history and growing 9% from last year.

Freeths has appointed Gary Georgeson as a legal director in its real estate team following its launch in Scotland. Joining from CMS, Mr Georgeson has over 17 years’ experience in the commercial property sector advising on all aspects of real estate matters, but with a particular emphasis

Scottish retail sales witnessed a sharp decline in July, with factors including inclement weather and unfavourable economic conditions weighing heavily on the industry, as per data from the Scottish Retail Consortium (SRC). July's sales showed a modest growth of 4.6% compared to July 2022, but this

A significant drop in inflation was recorded for July, with the Consumer Price Index (CPI) having decreased from 7.9% to 6.8%. The drop is in line with the Bank of England's projections and was expected, particularly in light of the preceding month’s energy bill cut. Nevertheless, core inflati

Recent data has revealed that the proportion of HM Revenue & Customs (HMRC) staff working remotely has surpassed the numbers seen at the peak of the first national lockdown.

In the second quarter of 2023, Scottish commercial property experienced a surge in investment, reaching £320 million, according to Colliers' Scotland Snapshot. This is a significant rise from the £250m of Q1, yet it remains 35% lower than the five-year quarterly average of £490m. T

The University of Edinburgh's The Data Lab has unveiled a new AI-powered tool, 'Funding Finder', aimed at streamlining the process for businesses seeking financial backing across the UK. The tool aims to efficiently match businesses with the most suitable funding bodies, addressing the challenges of

An Edinburgh sandwich shop chain, Bross Bagels, has filed for liquidation after accruing debts of over £1.2 million. The largest chunk of this debt, approximately £625,000, is owed to the Inland Revenue. In a joint investigation, The Edinburgh Reporter and The Edinburgh Guardian discover

Bank of Ireland customers experienced a brief windfall as a result of a glitch in the bank's system allowing withdrawals of up to €1,000 (around £856) from ATMs, even if their accounts held no funds. This technical hiccup also affected the bank's app, granting users similar privilege

Bathgate-based Clarus Networks, a provider of business-critical connectivity solutions, has received a combined £50,000 in grants from West Lothian Council to accelerate its expansion plans. The award, comprising a £40,000 Growth Assistance Project Grant and a £10,000 Digital Devel