News

An Edinburgh coffee shop has announced it will be reopening after repeated closures, hatching a plan to future proof its Edinburgh city centre branch, which opened in 2014. Cairngorm Coffee's Frederick Street venue alone turned over more than £250,000 in 2019. However, with lockdowns, low foot

Springfield Properties said today it has put all long-term fixed-price affordable housing contracts on hold and has temporarily suspended its expansion into the private rented sector (PRS) amid concern about market conditions and the Scottish Government's future rent freeze policy. Announcing otherw

Average house prices in Scotland have risen by 28% since the start of the pandemic according to analysis of the latest data by property firm DJ Alexander Ltd.

Chartered accountancy firm Meston Reid & Co is continuing to support the career development of young people by taking on three graduate trainees, a graduate apprentice and a placement student. Its three new trainees – James Chalmers, Ethan Booth and Jessica Stephen – have all recentl

A Jersey worn by the basketball legend Michael Jordan during the 1998 NBA Finals opening game has fetched an record $10.1 million (£8.85m) at auction. This sale sets a new record for a piece of sporting memorabilia which has been worn during a game. The item was part of Sotheby's two-part "Inv

Dunfermline-based Nautoshark has received support from Business Gateway Fife to grow its business within the maritime software industry, making major developments in its Navarea Warnings product which allows vessels to navigate sea routes safely around the world. Euan Gordon is director of Nautoshar

The Office for National Statistics (ONS) has reported a fall in retails sales volume of 1.6% for August continuing a downward trend since summer 2021 and significantly worse than expectations. This follows the lifting of restrictions on hospitality which has likely caused a shift in where consu

Independent energy group Parkmead has announced it will commence drilling in the North Sea Skerryvore oil field after receiving relevant regulatory approval.

Shell has announced that Ben van Beurden will step down as CEO at the end of 2022, and that his successor will be Wael Sawan. The change in leadership comes amid the current energy crisis and as Shell prioritises its future business focus on renewables. The incoming CEO, Mr Sawan, is currently 

Despite ongoing inflationary pressures, construction firm Kier Group has been able to increase its adjusted operating profit and raise its operating margin while achieving a "significant reduction in debt. Announcing its results for the year ended 30 June 2022 this morning, the infrastructure servic

Accountancy and business advisory firm BDO is welcoming 26 new trainees across its offices in Glasgow and Edinburgh, with 600 joining nationwide. Ten of the new trainees will join BDO’s new Edinburgh office and 16 will join the firm’s office in Glasgow. A total of 20 of the trainees will

On the morning of 27th September, the Scottish Africa Business Association, in partnership with the Scottish Chambers of Commerce (SCC), is hosting a Ministerial delegation from Ghana in Scotland for a series of private meetings to discuss the opportunities for Scottish businesses arising from the r

The only painting created by London rapper and record producer Skepta has been sold at auction for £81,900, more than £20,000 over its estimated price of £40,000-£60,000. The piece, called "Mama Goes to Market", was painted by Skepta over one week in 2020, but was later tagge

Companies and brands holding Royal Warrants will have to reapply as the certification is set to become invalid following the passing of the Queen and the change of sovereign.

Patagonia has announced new ownership after the company's boss, Yvon Chouinard, decided to put the company in the hands of two trusts to assist in the fight against climate change. Effective immediately, the Chouinard family has transferred all ownership to two new entities: Patagonia Purpose Trust