News

Average house prices in Scotland have risen by 1.57% between June 2022 and May 2023 and recorded substantial variations across the country. Edinburgh had the largest increase among Scotland’s main cities over the year rising by 3.35% with May’s figure of £334,118 the second highest

In its 14th consecutive increase, the Bank of England has raised interest rates by 0.25 percentage points to 5.25%, a move that slows down the pace of increases as signs emerge that the persistently high inflation in the UK is starting to ease.

Chemify, a company specialising in digital chemical technologies, today announced the completion of a funding round worth £36 million. The round was led by Triatomic Capital and supported by investors including Horizon Ventures, Rocketship Ventures, Possible Ventures, Alix Ventures, Scotland-b

Mackie's of Scotland has achieved record sales of more than £20 million in the last financial year. Over the past decade, the Aberdeenshire-based family-owned business more than doubled its ice cream sales, selling over 13.3 million litres in the financial year 2022-23 alone.

Virgin Money, the owner of Clydesdale Bank, has hailed a strong third quarter this year  with growth in deposits and the banks' target lending segments.

The contents of Freddie Mercury's home are set to be sold at auction.

Provider of legal and claims solutions to the insurance sector Keoghs has considerably expanded its footprint in Scotland through a series of strategic lateral hires and internal promotions, resulting in a 50% growth in its team of specialists over the last year. The push underlines the firm's

Rettie & Co. has shed light on the current state of the residential investment landscape in the country, specifically regarding the private rental sector (PRS) and build to rent (BTR) market. The details are outlined in the company's latest report, Build to Rent Scotland, Scottish Market Review

Mactaggart & Mickel Group has completed a £4.25 million acquisition of a rental property scheme at Love Loan, a modern neighbourhood development in Glasgow's city centre. Situated just off George Square, this area has been designed to complement Glasgow's energetic hospitality and social s

Murray Income Trust Plc, a fund managed by abrdn, has declared a fourth interim dividend of 12.75p per Ordinary share for the year ended 30 June 2023 (2022: 11.25p), marking fifty years of dividend increases at the firm. The dividend will be paid to shareholders on 14 September 2023.

Engineering business Martin Precision Ltd has transferred to employee ownership thanks to advice and support from Glasgow-based Consilium Chartered Accountants. A majority shareholding in the third-generation family business - a global player in the manufacture and supply of precision components for

Leading figures from business, trade unions, equality groups and academia are coming together to advise the Scottish Government on its fair work agenda.

In a recent auction that underscores the frenzied state of London's real estate market, an unused four-storey metal stairwell was sold for £25,000, 20% more than its starting bid. The Twickenham stairwell, unused since the connected office building was converted into residences in 2016 and the

The whisky industry has expressed deep concerns over the 10.1% rise in alcohol duty which came into effect on 1 August, warning of potentially severe consequences for Scottish businesses.

Clarus Networks Group, an Edinburgh-based connectivity and network specialist, has appointed Paul Coffey to the role of chief technology officer, following a remarkable year of growth, nearly tripling revenue and doubling the number of employees across all service areas. The sales boost has been par