News

Scotland's economic outlook remains cautious, with growth anticipated to be subdued through 2023 and 2024, according to the latest PwC UK Economic Outlook report. The Scottish economy is expected to see real gross value added (GVA) growth of just 0.3% in 2023, aligning with some regions but falling

The Glenshire Group, a Scottish family-owned conglomerate known for its Greens Retail chain and Skwishee frozen drinks, has significantly expanded its Pizza Hut Delivery operations by acquiring 16 new franchise sites. The acquisition, finalised on 1 November 2023, follows a successful initial launch

Scottish Enterprise (SE) has broken its own record in nurturing academic innovation, demonstrating significant fiscal progress through its High Growth Spinout Program (HGSP). During the 2022-23 financial year, SE bolstered 33 research teams with grants totalling £2.06 million. These teams, ste

The Dundee-based Insights Group has announced a revenue surge to £95 million, with its subsidiary, Insights Learning and Development, contributing 95% to this figure through its globally recognised four-colour personality model, Insights Discovery. The group's success is attributed to its lear

A Picasso painting has been sold at auction for $139.4 million (around £113.7m). The painting which featured his young mistress was sold last night at Sotheby's in New York.

Mortgage arrears in the UK has risen by 7% in the third quarter of this year, according to new figures published by UK Finance.

Financial Inclusion for Scotland has appointed Sharon MacPherson to help drive forward its future strategy and improve fair and affordable access to financial services for all. The former CEO of Scotcash, Sharon MacPherson, has joined Financial Inclusion for Scotland – an organisation she help

Property investment house Cox & Co has expanded its operation to include an estate agency division. The new arm of the Edinburgh-based business has five brokers covering the city and surrounding areas, with staffing set to quadruple in the next 24 months as the firm extends across the country.

North-east social inclusion charity Aberdeen Cyrenians has extended the strength in depth of professional expertise on its board with the appointment of finance specialist Julie Thomson. Chief financial officer of city legal firm Aberdein Considine, Ms Thomson lends three decades of knowledge to the

Scotgold Resources faces further turmoil as Nathaniel le Roux, its principal shareholder and secured creditor, has resigned amid looming administration.

In an unorthodox move for a bank, challenger firm Starling bank has created a new tool to assist couples in managing fair distribution of household chores and hopefully reduce quarrelling. The bank's 'Share the Load' app tracks the division of unpaid labour so couples can easily see where things sta

Perthshire-based Davidsons Chemists is set to boost its sales by as much as £10 million this year, targeting a turnover of £65-70m. This growth trajectory follows the acquisition of five Lloyds pharmacies across Scotland, enhancing its presence to over 50 outlets. Managing director Allan

Abrdn has announced that its Infrastructure team has expanded its portfolio by securing a 49% stake in the Finnish regional energy provider Etelä-Savon Energia Oy, based in Mikkeli, Eastern Finland.

Scottish enterprises are poised to receive a significant boost in innovation support and funding accessibility due to a new agreement between Scottish Enterprise and Innovate UK. The two agencies have entered into a landmark memorandum of understanding which aims to streamline the journey through th

Scottish authorities may soon have the power to levy up to double the full rate of council tax on second homes if draft regulations before the Scottish Parliament are approved.