News

As inflation reaches 10.1% in the UK, mid-sized business leaders in Scotland are bracing for the impact of further financial strain, with more than 1 in 4 respondents to Grant Thornton UK LLP’s August Business Outlook Tracker saying they would not have sufficient working capital to manage infl

BrewDog has announced the closure of six of its pubs, three of which are in Scotland. The decision comes just after the Scottish craft beer company opened up its biggest bar in London's Waterloo two weeks ago.

Savills, on behalf of a private client, has completed the sale of the long leasehold of Mercure Perth Hotel in Perth, Scotland, to S Hotels and Resorts plc, owner of Jupiter Hotels, off a guide price of £2.25 million. The property has an unexpired long leasehold term of 46 years. The Mercure P

The Edinburgh-based Scottish Investment Trust has officially merged with JP Morgan Global Growth and Income (JGGI) in a move that will create a fund with assets in excess of £1.3 billion. The merger was announced in October last year.

Donald Trump and his accounting firm Mazars USA, have been forced to hand over key financial records to lawmakers as part of a three years investigation into his disclosures and conflicts of interest. Carolyn Maloney, chair of the House Oversight Committee, said: “After numerous court victorie

Annual UK house price growth slowed to 10.0% in August, from 11.0% in July, according to the latest Nationwide House Price Index.

Scottish footfall decreased by 14.8% in August Year on 3 Years (Yo3Y), 1.7 percentage points better than July, however, this is worse than the UK average decline of 12.4% (Yo3Y).

New Aviva research has revealed that more people in the UK aged between 65 and 74 are still working compared to six years ago.

Two Aberdeen entrepreneurs have secured a £250,000 funding deal from Royal Bank of Scotland to develop cutting-edge robotics and asset inspection solutions for the energy sector through their co-founded business, Innovair Ltd. As a gateway to the North Sea, Aberdeen has long been pivotal in th

Marlene Shiels, chief executive of Edinburgh based Capital Credit Union, has been appointed to the Money and Pensions Services (MaPS) board. She took up the non-executive role from yesterday.

Chivas Brothers, the Scotch whisky business of Pernod Ricard, has seen a significant increase in global demand for Scotch, as net sales rose by 25% in the full year ending July 2022. The rise in net sales was derived from both mature markets, which rose by 16% and emerging markets, which saw an incr

More than half of the office space transacted in Edinburgh city centre during the Covid-19 pandemic has been Grade A, with larger occupiers vying for the best available stock, according to analysis from Knight Frank. The independent commercial property consultancy found that 56% of the office space

A rare baseball card has gone for $12.6 million (£10.9m), setting a new record for the most ever paid at auction for any sports item, card or memorabilia. The card, featuring New York Yankees hall of fame player Mickey Mantle, is thought to be one of just a few remaining copies in near-mind co

Edinburgh-based managed services provider, CompanyNet Ltd has been acquired by Core Technology Systems, a Microsoft cloud managed service partner, for an undisclosed sum.# The acquisition of CompanyNet strengthens Core's technical capability and provides geographic expansion into Scotland, with

Scottish Financial Enterprise (SFE) has announced that current deputy chair John McGuigan will take over as the body’s chair and will be succeeded by Sue Dawe as deputy chair. Mr McGuigan replaces outgoing Philip Grant, whose three-year term in the chair ends in November. This will coincide wi