News

Occupancy and room rates dipped slightly for Scotland’s hotel sector in March, with further headwinds expected amidst the increase to employers’ National Insurance contributions from April, according to the RSM Hotels Tracker. The data, which is compiled and produced by Hotstats and anal

Dr Ian Archer has been named the new commercial director of James Hutton Ltd, the commercial subsidiary of the James Hutton Institute. He brings a wealth of experience in industrial chemistry, biotechnology, and the commercialisation of scientific research.

The average selling price of property in Edinburgh, the Lothians, Fife and the Borders has risen by nearly 7% to £285,684, according to ESPC.

An $8.8 billion plan has been revealed to establish the Maldives as the premier global business and financial hub for financial institutions, fintech pioneers, and digital Nomads through an integrated, mixed-use urban district.

Organisations working to support vulnerable individuals across Scotland are being invited to apply for grant funding from a newly launched charitable foundation. Accountancy firm Henderson Loggie has established the Henderson Loggie Charitable Foundation to provide support to those most in need.

NatWest Group posted a strong start to the year, with first-quarter operating profits before tax jumping 36% to £1.8 billion, significantly beating analyst expectations. This performance was driven by increased deposits and mortgage lending, the latter boosted by buyers finalising purchases be

Dundee University's charitable status is at risk of being withdrawn after it failed to submit its annual accounts to the Office of the Scottish Charity Regulator (OSCR) by the required deadline. As a charity established by royal charter, the university submits its financial statements to OSCR rather

ACCA (the Association of Chartered Certified Accountants) has called on the UK regulator to ensure that audit requirements for SMEs are proportionate, aligning with prevailing international standards. Responding to a consultation from the UK corporate governance regulator the Financial Reporting Cou

MacDuff International Scotch Whisky Limited and InchDairnie Distillery Limited have merged into a single entity – InchDairnie Whisky Limited.

Mortgage approvals for UK homebuyers fell for the third consecutive month in March, signalling a potential market slowdown, according to the Bank of England. Falling by 800, approximately 64,300 mortgages for house purchases were approved – a key indicator of future borrowing activity.

HSBC has announced that its group chairman, Sir Mark Tucker, will retire before the end of 2025, concluding an eight-year tenure that began in October 2017. During his leadership, HSBC navigated significant global challenges, including the Covid-19 pandemic, rising living costs, and increased US-Chi

Kelso-based insect repellent manufacturer, Pyramid Travel Products, is set for expansion following a management buyout (MBO) supported by a £600,000 funding package from HSBC UK. The deal allows current managing director, Stefan Cameron, to acquire a majority stake in the company.

Fourteen leaders from Scotland's burgeoning technology sector are preparing for the third Techscaler Silicon Valley programme this month. The cohort will spend three weeks in San Francisco and the wider Bay Area engaging with investors, potential customers, and industry peers within the world-renown

As leading retailers become the latest victims of cyber-attacks, RSM UK is advising businesses to review their cyber risk controls to ensure they are as robust as possible. Earlier this month the government launched its National Cyber Security Centre (NCSC) Cyber Governance Code of Practice, providi

Scottish climate tech venture studio Ventex has made several key senior appointments as it prepares for international expansion. Cross-border business development specialist Eddie Moore has joined the Aberdeen-headquartered firm as a partner to support its growing portfolio of companies.