News

Scotland's job market remains strong despite the ongoing cost of living crisis and predictions of upcoming employment law reforms. The employment rate rose to 73.7% while unemployment fell to 3.9% between June and August 2024. However, Scotland still lags behind the UK's overall employment rate of 7

Burges Salmon has guided Pandox on its financing and acquisition of the DoubleTree by Hilton Edinburgh City Centre, in a deal worth £49 million. The deal grows the international hotel property owner's portfolio in Scotland and adds to its Edinburgh offering where it already owns the Aparthotel

Several of Scotland's business and sector organisations have called on the UK government to reduce the tax burden on Scotland's national drink ahead of the 30 October Budget. The Scottish Chambers of Commerce, UK Hospitality Scotland, Scotland Food and Drink, the Institute of Directors, and the Scot

Smart Data Foundry (SDF) and Research Data Scotland (RDS) have partnered to streamline secure researcher access to public sector and financial data. The collaboration, which will initially run for two years, will build on their existing work together, helping policymakers to look at issues like pove

Graduates and young professionals were urged to "stay curious" as around 125 north-east businesspeople descended on Aberdeen’s Union Kirk for a night toasting the achievements of those working within the financial planning and insurance sectors. The evening, organised by the council of the Ins

Graham's Family Dairy has reported a slight increase in turnover from £152.9m in 2022/23 to £153.1 million, while pre-tax profits reached £2.8m, for the year ending 31 March 2024. The Stirlingshire-based business has seen continued sales growth across both traditional dairy an

The number of Scottish SMEs claiming R&D tax credits has dropped by 16% in 2022/2023 compared to the previous period, despite a 10% rise in the value of claims, reflecting that, whilst there are fewer claims, the size of each claim has increased. Gemma Monaghan, head of R&D tax with Azets, s

Marking this year's festive winter season, The Royal Mint has unveiled a new 50p coin featuring classic children's picture book character The Snowman. The coin, created in collaboration with Snowman Enterprises Ltd and Penguin Ventures, depicts The Snowman decorating a Christmas tree. Designed by Ro

RSM’s UK and US arms have announced they are conducting merger talks, which are now at an advanced stage, subject to definitive agreements and customary legal, regulatory and other approvals. The firms' new structure would establish a partner-owned organisation spanning locations across the UK

Scottish Widows has announces it is retiring its iconic "widow" model after decades.

Mossburn Distillers & Blenders Ltd has released a limited edition bottling of 12 year old Mossburn Speyside blended malt finished in Calvados casks from the renowned Domaine Dupont, a family producer with a history dating back to 1887.

Scottish businessmen Sandy and James Easdale have expanded their £800 million property portfolio with the purchase of the Inverclyde industrial site formerly owned by global packaging manufacturer Berry bpi. The brothers acquired the 5.42-acre property on Port Glasgow Road as momentum builds f

Edinburgh-based Ralph Sayer has reached £230,000 in monthly turnover as it marks its second anniversary. The family-run property firm, which was established in autumn of 2022, recorded its busiest month in September and achieved a top 10 placement for insertions and sales in the ESPC.

UK CFO confidence has fallen from its post-election high in Q3 2024, though it remains above the long-term average, according to Deloitte. The Big Four firm's latest survey of UK CFOs shows sentiment has fallen among CFOs, with a net 6% feeling more optimistic about the financial prospects of their

Food ingredients firm Macphie Ltd has appointed Angela Willows as chief financial officer (CFO). Ms Willows, who previously held global leadership roles at Nestlé in Switzerland and Canada, brings more than two decades of experience in finance and business strategy.