News

In a move for customer rewards, Nationwide Building Society has announced a significant redistribution of profit to its customers, strengthening the appeal of its mutual structure. This action follows a 40% rise in annual profit, amounting to £2.2 billion, resulting from a succession of intere

Scottish property consultancy firm Galbraith has merged its Elgin and Inverness teams into a newly invested Highland Hub office at Fairways Business Park in Inverness. The modernised office space is designed to support Galbraith's growing team and its adoption of hybrid working models, contributing

Anders Holch Povlsen, the Danish fashion magnate, has been named the wealthiest person in Scotland, according to The Sunday Times' latest Rich List. This year's Rich List, the 35th annual edition, displayed a marginal decline in the number of UK billionaires, down to 171 from 177 in 2022. However, t

Scottish coffee roaster Matthew Algie has secured a multi-million-pound investment at its Glasgow production headquarters, to enhance production capabilities while aiming to be net-zero by 2035. This financial injection, supported by Scotland's national economic development agency, Scottish Enterpri

The Codex Sassoon, an approximately 1,100-year-old manuscript considered to be the oldest and most complete version of the Hebrew Bible, has been auctioned off at Sotheby's New York for an impressive $38.1 million (£30.6m), making it the highest-value manuscript ever sold at auction.

The Treasury Committee has called for the regulation of consumer trading in unsupported cryptocurrencies, akin to gambling laws.

In 2022, Scotland's hotel market showed considerable strength, with Edinburgh retaining the top position in Colliers' 2023 UK Hotel Market Index, joined by Inverness and Glasgow in the top ten.

In a significant boost to Scotland's green energy sector, Sumitomo Electric Industries, a Japanese multinational corporation, has announced a £200 million investment in a new high-voltage subsea cable manufacturing plant. The project, expected to be located in Nigg, in the Highlands, is antici

The former site of Stewart and Son’s whisky bottling plant on the Kingsway is set to be regenerated into a new housing development by Persimmon Homes.

Supported by Thorntons, Dumfries and Galloway-based Carbon Capture Scotland has secured a seven-figure sum investment from Steyn Group to facilitate further growth. Carbon Capture Scotland, a net-zero carbon capture asset specialist, already operates one of the UK’s largest dry ice manufacturi

In a significant turnaround, the Port of Aberdeen has reported a return to pre-pandemic activity levels in 2022, a year ahead of predictions.

Inverness-based Uile-bheist Distillery and Brewery, has appointed a new general manager, head distiller and head brewer, coinciding with the introduction of its first product range to the market. Following its establishment in February this year with a £7.5 million investment, Uile-bheist emer

A new operator for the Belmont Cinema in the city centre could be sought after a market testing exercise takes place to robustly test the venue’s potential within the sector.

Specialist property firm Rettie & Co has reported that residential Land & Buildings Transaction Tax (LBTT) revenue, including Additional Dwelling Supplement (ADS) on second homes, has reached a record high in Scotland of over £600 million. The figures reveal that 63% of house sales are

Livingston-based high performance timber windows and doors manufacturer NorDan UK has announced a record 34% increase in turnover for a single year in 2022. This has included significant growth in the UK social housing market, with social landlords increasing their purchase of NorDan products by 11%