News

Scotland’s onshore GDP increased by 0.9% in January, according to statistics announced by the chief statistician.

Private sector rents in Scotland have risen faster than the rest of the UK, according to property firm DJ Alexander Ltd's analysis of recent statistics. The firm found that Scottish annual private rental prices increased 4.9% in the year to February 2023, compared to 4.5% in England and 4.2% in Wale

The Bank of England's governor, Andrew Bailey, has downplayed the possibility of an impending financial crisis, characterising the recent sell-off of European bank stocks as investors "evaluating" lenders and asserted that the global financial landscape is not in the same position as before the 200

Loganair, the UK’s largest regional airline, has secured access to 30 additional pairs of slots each week at Heathrow under a lease arrangement with British Airways (BA). The slot arrangement between the airlines comes as Loganair has renewed calls to the UK government to initiate action with

Wave energy specialists Mocean Energy and TEXO Engineering & Fabrication (TEXO E&F) have signed a memorandum of understanding for TEXO E&F to become Mocean’s preferred fabrication, assembly and load-out contractor for its Blue Star and Blue Horizon wave energy converters. Aberdeen

Sports presenter Gary Lineker has won an appeal against HMRC's accusation of avoiding £4.9 million in unpaid tax. The UK government had claimed that Lineker had avoided taxes by paying so-called “disguised employees”, who charge for their services through a company.

Grafterr has launched a new app allowing users to take payments for products and services directly from their phones without any additional card readers or point of sale (POS) systems.

Innes & Mackay has been named the best estate agency in the north of Scotland for the second year in a row. The historic firm of estate agents and solicitors picked up the 'Best Estate Agent' award once again at Scotland’s Business Awards’ Inverness final.

A new Orkney whisky venture has revealed construction plans for an £800,000 distillery, the first to open on the Orkney mainland in 138 years. Run by husband and wife, Stuart and Adelle Brown, Deerness Distillery is already producing a number of Orkney-inspired spirits — includ

Real estate advisor CBRE has announced it has taken full occupation of its new Glasgow office at 177 Bothwell Street in Glasgow’s city centre. Almost 400 CBRE staff have relocated to the new location including the advisory services team, the property management accounting team and the global w

William Hill Group has been fined £19.2 million for social responsibility and anti-money laundering (AML) failures, avoiding a ban after the regulator considered a licence suspension.

The site of Banksy’s latest work, an outside wall of a derelict farmhouse in the seaside town of Herne Bay in Kent, has been demolished. The mural, titled Morning is Broken, depicted a silhouetted young boy – next to a silhouetted cat in a window – opening corrugated iron “cu

AG Barr, the manufacturer of Irn-Bru, has announced that Robin Barr will leave the board after 58 years. Mr Barr has been with the business for 62 years and served as chairman for 31 years. He will not seek re-election at the company's AGM in May.

Shares in Scotgold Resources have plummeted by over two-thirds (-68%) after it warned of its ability to continue.

CodeClan has experienced increasing demand from young people in underrepresented groups for its 2023 Youth Academy, and plans to take 40 16-21 year-olds into its free summer courses in Glasgow and Edinburgh which take place this July. CEO Loral Quinn said: “Sponsoring a student through CodeCla