News

The average price of a property in Scotland in August 2022 was £195,391, an increase of 9.7% on August 2021, the latest provisional statistics from Registers of Scotland's UK House Price Index show. Comparing with the previous month, house prices in Scotland increased by 0.2% between July 2022

abrdn has been awarded 21 ‘Green Stars’ for reaching significant environmental and social targets in the buildings it owns. The ‘Green Stars’ were achieved in the 2022 Global Real Estate Sustainability Benchmark (GRESB) real estate assessment. GRESB has become the largest glo

Aberdeenshire-based customs firm Bethan Customs Consultancy has announced its sponsorship of Aberdeen Football Club’s star striker, Luís ‘Duk’ Lopes. Bethan will be sponsoring Duk, who signed for the Dons on a three-year deal in July 2022 from Benfica, for the 2022–23

Environmentally friendly space rocket manufacturer and satellite launch provider Orbex is preparing to expand its operations after it received a £17.8 million investment from the Scottish National Investment Bank. The scale-up support, which is part of an overall £40m Series C funding ro

The Cruden Group has seen its turnover increase by 29% to £247.7 million and profit before tax increase to £4.9m, according to its latest financial results. The residential and construction business said it had delivered "a 23rd consecutive year of profitable trading with a robust financ

Perth and Kinross Council has approved plans for a 77-metre turbine at insurer Aviva's Pitheavlis site. The turbine, sited adjacent to the overflow car park area on the Pitheavlis site in Perth, will allow 100 per cent of the office's electricity demand to be met through renewable energy.

The Financial Conduct Authority (FCA) has placed restrictions on twice as many firms in the investment market compared to last year, as part of its strategy designed to prevent harm in the consumer investment market. The restrictions include preventing firms from promoting and selling certain produc

The Scottish Government has set its focus on nurturing economic ties with the US and Canada as currently trade minister Ivan McKee is on a trade visit to the two countries in a bid to strengthen economic connections, attract investment into Scotland and boost exports. It comes the same week as the S

Aspiring Scottish business bank AlbaCo (Alba) has announced the appointment of seasoned banking and financial services executive, Graeme Jones, who the joins the bank as its new chair. Mr Jones, a qualified Associate of the Chartered Insurance Institute ACII, brings a wealth of experience to the exi

Azets, SME-focused accountancy firm, has hired entrepreneurial tax expert Katy Thomson as a partner and head of the firm’s entrepreneurial tax team. Entrepreneurial tax is an addition to Azets’ expanding tax department in Scotland which employs nearly 70 tax professionals advising Scotla

KPMG has promoted six colleagues to partner and 96 other colleagues to new positions in Scotland, demonstrating the firm’s continued development and investment in its people. Grant Archer, Terri Costello, Ann Devine, Susan Dunlop, Slim Gueddana and David McKay, all became partners of the profe

A woman who refuses to deal with a rodent infestation in her home because of her “ethical vegan” beliefs – leading to mice overrunning her neighbours’ homes – has been fined for a second time. Margaret Manzoni, 73, has driven some of her neighbours out of their homes by

Glasgow-based DamGoodDrams, an ecommerce platform specialising in independent spirits, has planned the launch its own line of whisky and aims to take its business overseas. Founded in October 2020, DamGoodDrams sells a range of independent whiskies. The company had a successful first year and, as th

Digital Xtra Fund, a Scottish charity backed by both the public and corporate sectors, has awarded 35 grants to drive digital skills initiatives for young people across the country. The 35 grants cover 24 different local authorities, including 23 primary schools, 3 secondary schools, 3 higher educat

An independent Scotland will adopt a new currency "as soon as practicable" under economic plans unveiled by First Minister Nicola Sturgeon today. A new paper, titled "Building a New Scotland: A stronger economy with independence", sets out the Scottish Government's economic prospectus for independen