News

The chief executive officer of Diageo, Sir Ivan Menezes, has decided to retire and will depart from the company on 30 June 2023, following ten years leading the company. Debra Crew, currently chief operating officer, will be appointed CEO and join the Diageo board, effective 1 July 2023.

Tanning salon chain Indigo Sun has opened its latest hi-tech salon in Huddersfield, following a £350,000 investment as part of the firm’s UK-wide expansion following a brand refresh, creating eight new jobs. It is part of an expansion plan and marks Indigo Sun’s fourth salon i

A type of relaxation therapy popular among A-list celebrities has arrived in Glasgow with the opening of the city’s first floatation spa — Float One. Launched by an entrepreneurial couple, Alex Robertson and Mhairi Caulfield, the centre will house four state-of-the-art floatation po

Specialist lender Together has provided a loan of £400,000 to a family-run developer to convert a former guesthouse into boutique holiday apartments in Aviemore. The development in Grampian Road, will create 10 luxury, self-catering rooms for visitors in one building, with another 11 rooms in

The Edinburgh Tax Network, in conjunction with CIOT and Terra Firma Chambers, will present a seminar on tax covenants and warranties at the Mackenzie Building, Old Assembly Close, Edinburgh on Thursday 27th April 2023. At this event, Christine Yuill and Nicola Williams of Burness Paull wil

A Rolls-Royce Wraith worth £350,000, which was stolen from the Glasgow home of 'pizza king' Domenico Crolla, has been recovered by police after being abandoned in a private parking space in Edinburgh.

R&D tax credit specialist ZLX Business Solutions has opened a new office in Aberdeen to tap into growth opportunities in the Granite City. The company is now seeking to hire three new staff at its new location, which it considers a “key strategic area” with a focus on rising dem

UK oil and gas companies are expected to be offered windfall tax relief by Prime Minister Rishi Sunak as part of efforts to boost investment and improve energy security.

Crown Estate Scotland has secured £262 million in applicant fees from the first leasing round designed to enable offshore wind energy to directly supply offshore oil and gas platforms.

Lyon & Turnbull, the Edinburgh-based auction house, reported a profit of £2.43 million for the year ended 31 July 2022, up from £1.73m the previous year, as turnover surged 22.8% to more than £8m. Managing director Gavin Strang attributed the growth to the company's expansion,

Real estate advisor CBRE has strengthened its ESG expertise in Scotland with a key appointment. Chartered surveyor Laura Jones has joined the firm as a senior sustainability consultant and will be based in the Edinburgh office where a new ESG Consultancy team has been created. She has relocated from

Ayrshire-headquartered construction, property and investment business Edison Group has acquired Crown Architectural Systems. Crown Architectural Systems is a north-east of England-based company which operates from a 6500 sq. ft facility in the City of Sunderland district of Tyne and Wear, and e

Foras has selected a 14-person cohort of Scottish entrepreneurs for next month’s programme of activities in New York, including visits to global accelerator Techstars and CRM specialist Zendesk. Leah Hutcheon of Appointedd, Rowan Armstrong of Bioliberty, Ishani Malhotra of Carcinotech, Kate Ca

Frasers Group, owned by billionaire Mike Ashley, has acquired Dundee's Overgate Shopping Centre in a deal estimated to be worth £30 million.

A Scotland-only business rates surcharge is set to cost firms a cumulative £180 million over the next three years, the Scottish Retail Consortium (SRC) has warned.