News

The Bank of England’s Monetary Policy Committee (MPC) has voted to increased interest rates by 0.25% to 0.5%. The committee voted by a majority of 5-4 at a meeting yesterday.

The Balbirnie House Hotel in Fife has hailed a record number of wedding bookings in January, despite losses due to COVID-19 having approached £1 million in the last two years. Accounts filed with Companies House revealed that the hotel suffered a loss of £179,000 in the year to April 202

Dunnet Bay Distillers has submitted plans to transform a 200-year-old mill into a destination whisky distillery.

Glasgow-headquartered Mabbett & Associates Ltd has taken the first step in a strategic growth journey by acquiring Inverness-based planning and design specialist GH Johnston Building Consultants Ltd (GHJ). Mabbett said the acquisition will enhance the combined group’s offering of comprehen

Edinburgh start-up HeatFix Scotland hopes to create 20 new jobs in the city within the first year of operation. Founded by former Royal Navy helicopter engineer Andrew Lamond, the new boiler repair business launches this month.

In a further boost to the West of Scotland office market, regeneration project Clyde Gateway has completed the multi-million-pound sale of two key commercial office buildings to a joint venture between investment and asset manager M7 Real Estate and overseas investors. The properties are the award-w

A new £1 million fund has been established to support projects which look after the wellbeing of staff working in social care.

Scotland’s all-female angel group Investing Women Angels (IWA) has announced major growth plans as it restructures ahead of launching a new IW AccelerateHER Fund for female-founded companies in Scotland. IWA has announced its collaboration with the Scottish National Investment Bank (SNIB) to d

A notorious fraudster was identified by police halfway across the world after they tricked him into sending his fingerprints on a vinyl record.

Ahead of National Apprenticeship Week (7-13 February), new research from Grant Thornton shows that the mid-market is increasingly making use of apprenticeships as a means of upskilling their people at all levels.

Savills, on behalf of a private client, has completed the sale of one of Scotland’s finest five-star hotels, Fonab Castle in Pitlochry, located 26 miles north of Perth, to Fonab SPV, for an undisclosed sum.

Reward Finance Group is continuing with its ambitious UK expansion plan with the opening of a Scottish office, led by hugely experienced business finance specialist, Brian Machray. Scottish-born Brian joins the alternative funder from Allied Irish Bank where he headed up a division specialising in f

More than 10.2 million customers filed their 2020/21 tax returns by the 31 January deadline, HMRC has revealed. More than 630,000 customers filed on deadline day and the peak hour for filing was 16:00 to 16:59 when 52,475 completed their Self Assessment. There were 20,947 customers who completed the

Venture Capital (VC) investment in Scotland’s scale-up businesses more than doubled in 2021 as global investors continued to look beyond London last year, according to the latest figures from KPMG. Scotland’s scale-up businesses finished 2021 on a high with almost £100 million in V

Argyll Holidays, a Scottish holiday brand, has been sold to the international resort operator Cove Communities. Argyll Holidays, which owns eight holiday parks across Argyll and Bute, will be the fifth acquisition by Cove Communities under Mark Seaton as managing director of Cove UK.