News

BrewDog Distilling Co’s first ever whisky cask sale has broken a new record to become Whisky hammer's best performing whisky cask auction to date.

The Bank of England's (BoE) Monetary Policy Committee (MPC) has voted to raise the base interest rate from 3% to 3.5% - the highest rate for 14 years. The MPC voted by a majority of 6-3 to push up the bank rate, this is the ninth time in a row the rates have been increased.

Real estate advisor CBRE has completed the sale of Dumfries Retail Park on behalf of a local government pension fund for £11 million.

Scottish Enterprise’s support is forecast to generate £709.74 million of Scottish innovation expenditure. The agency approved £120m in grant funding and equity investment for innovation activities in the 2021-22 financial year, which is now calculated to deliver a further £50

A Scottish sustainable packaging pioneer has clinched the EY Entrepreneur Of The Year 2022, UK Transformational Leader title. Glasgow-based David MacDonald, owner of Cullen Eco-Friendly Packaging, won the hotly-contested national award at the recent EY Awards ceremony in Manchester. A panel of entre

The average price of a property in Scotland in October 2022 was £194,874, an increase of 8.5% on October 2021 and 1.1% compared to the previous month.

Financial projections for Scotland's Registered Social Landlords (RSLs) show aggregate financial performance should remain robust over the next five years however RSLs also continue to face a very challenging operating context, a new report by the Scottish Housing Regulator (SHR) has found.

Edinburgh-based manufacturer of golf technology and improvement products Shot Scope has raised £2.7 million in a series A funding round headed by Guinness Ventures which invested £2.1m. The round also includes investment from the Scottish Investment Bank, Old College Capital – the

Scottish business Theraplay, which has been designing and manufacturing bespoke bikes and trikes for physically disadvantaged children and adults for more than 50 years, is aiming for global growth after accessing specialist support through Business Gateway.

Scottish broadcasting giant STV Group has posted a trading update revealing a 'solid year' for the company, despite flat profits. Profits were almost flat at -1.5% over the year, against the record £25.2 million reported in 2021.

Six-in-10 adults in Scotland are finding keeping up with repayment of bills and credit commitments (including interest payments) a financial burden, according to new datafrom TSB.

Barclays Eagle Labs and AccelerateHER have announced a new partnership aimed at bringing more women into entrepreneurship and levelling the playing field for female-founded businesses. The two organisations will work closely together to deliver the Barclays Eagle Labs Female Founder Accelerator Prog

A cryptocurrency firm in the Netherlands has announced a new partnership with a producer of tulips. The novel partnership has raised eyebrows, given the association of both tulips and some cryptocurrencies with speculative bubbles - but Bitcoin Brabant and local farmers are calling it a "win-win".

As the popularity of premium Scotch whiskies sees worldwide demand increase, Bacardi-owned Aultmore Distillery in Scotland has announced a £15 million expansion plan, set to double its production capacity by spring 2024.

The 20th round of the Scottish EDGE Awards saw an investment of £1.6 million being handed out to businesses with high growth potential.