News

A China Southern Airlines flight was delayed over four hours on Wednesday after a passenger threw coins into one of the engines for supposed good luck. Flight CZ8805, from Sanya to Beijing, was scheduled to depart at 10am local time on 6 March but did not take off until around 2:16pm. State med

A family business in Orkney has begun construction of the island's newest whisky distillery, which will create jobs and support carbon reduction. Deerness Distillery Ltd has secured £246,000 from Highlands and Islands Enterprise (HIE) for the £820,000 development. Construction is underwa

Against the backdrop of a heated debate on the extent to which National Insurance (NI) funds state pensions, Edinburgh-based Aegon UK has highlighted two official UK government reports into the ‘National Insurance fund’. Steven Cameron, pensions director at Aegon, said: “While gove

Virgin StartUp, Virgin's not-for-profit hub for entrepreneurs, has announced it coming to Edinburgh next Wednesday, 20 March, to host a free founder meet up event. Scheduled for 6pm at the Virgin Money store on George Street, the meet up offers a chance to connect with other budding founders, share

The Competition and Markets Authority (CMA) has opened an investigation into the proposed £2.5 billion acquisition of Redrow by Barratt Developments.

Auction House Scotland has strengthened its local presence in Aberdeenshire with the addition of William McBey to its team. Mr McBey, joining as a business development executive, will focus on building partnerships with estate agents, solicitors, and other property professionals in the area.

  Company insolvencies in Scotland rose by 9% during February compared to the previous year, totalling 94 cases, according to data from the Insolvency Service.

Scotland's thriving life sciences sector needs increased investment in top-quality lab and research facilities to sustain growth, according to real estate advisor CBRE. Speaking at an event in Edinburgh, Chris Dougray, head of development at CBRE Scotland, and Chris Williams, CBRE’s head of li

Miller Homes has teamed up with Own New to offer reduced mortgage rates for buyers of new build homes in Scotland. The 'Own New Rate Reducer' product enables customers to lower their interest rate for the initial mortgage term on a new Miller home while owning 100% of the property. It has been launc

The average Scottish house price in January remained unchanged from December at £221,693, representing a marginal 0.2% annual increase, according to the latest analysis from Chartered Surveyors Walker Fraser Steele. However, Scott Jack, regional development director at Walker Fraser Steel

Members of Parliament on the Scottish Affairs Committee are set to conduct an in-depth examination of the progress of £6.2 billion worth of government-backed funding deals, designed to boost regional economic growth in Scotland. City region and regional growth deals are two types of fundi

Techscaler, the Scottish Government's tech startup support programme, and FinTech Scotland, the cluster body driving Scotland’s fintech innovation, have announced a strategic partnership poised to drive forward Scotland's fintech sector development. FinTech SMEs now employ more than 10,500 peo

Scotland witnessed a net closure of one store per day in 2023, according to a report by PwC and The Local Data Company (LDC). While 1,069 stores closed, 732 new outlets opened, resulting in a net loss of 337 shops and outlets belonging to chains with five or more locations.

Scotland's life sciences industry achieved record-breaking turnover of nearly £10.5 billion in 2021, new figures reveal. This £1.7bn increase from the revised 2020 figure surpasses the sector's ambitious £8bn target set for 2025.

Johnston Carmichael has announced it is expanding its services to cater to the engineering and manufacturing industry. The sector contributes an estimated £645 billion annually to the UK economy, and the government recent Budget is allocating an additional £4.5 billion for strategic manu