News

Dunedin Income Growth Investment Trust, a fund managed by abrdn, has posted strong half year results for the six months ended 31 July 2022. Against a difficult backdrop, the company, has delivered an almost flat absolute return for the six-month period. In addition, the portfolio continues to exhibi

In September, annual house price growth slowed to single digits for the first time since October last year, according to the latest Nationwide House Price Index.

Mounting inflation and increased taxation will leave the average UK household without enough money to cover all of their monthly living costs from later this year, according to new research. A new study by Scottish Friendly and the Centre for Economics and Business Research (Cebr) has revealed that

The Financial Conduct Authority (FCA) is concerned that as pressure mounts on household budgets some customers may cut-back on the insurance they need, leaving them without protection.

Edinburgh-based investment syndicate Archangels has generated up to £1.4 billion Gross Value Added (GVA) for the Scottish economy from its investments in the life sciences and tech sectors. The analysis, conducted by the University of Glasgow’s Adam Smith Business School, found that the

Business confidence in Scotland rose 10 points during September to 15%, ending three consecutive months of decline, according to the latest Business Barometer from the Bank of Scotland Commercial Banking.

A one of a kind special edition of "the oldest whisky in the world" is being auctioned by Sotheby's with an estimated £200,000. The 81-year-old single malt whisky is The Macallan The Reach. Sold in an exclusive bottle of and encased in a display cabinet lined in red leather, rather than t

Scottish commercial law firm MacRoberts has posted a 10% rise in turnover in the financial year to 30 April 2022 to £20.6 million. The firm’s profits rose by 17% for the same period. Highlights include an exceptional year from the firm’s credit management specialist Yuill+Kyle, a p

Scottish fintech Guiide has raised new investment of around £200,000 and has made three new hires - two directors and a highly experienced adviser. The two new directors are Clare Hawkins, a former NHS Trust chief executive, who will lead on governance and Stewart Lawrie, an experienced f

The Scottish Government has asked Scotland's Auditor General to launch an investigation into the awarding of the £97m Scottish ferries contract. The request comes after suggestions from a documentary arose that the process of awarding the contract have been rigged as successful bidder Fer

New research from the ACCA has found that while global business services models have evolved, matured and function successfully, they’re falling short of their value-adding potential, and in practice are not discernibly more evolved than finance shared service (FSS) operations. The report 

Proposals for a new distillery on the shores of the Dornoch Firth in Sutherland have been given the green light. Midfearn Distillery Company Limited will erect and operate a whisky distillery with associated warehousing, a bottling facility, tank farm, energy centre, landscaping and associated

Young Enterprise (YE) Scotland, enterprise and financial education provider, has appointed Emma Soanes as its new chief executive to succeed Geoff Leask. Taking up the post in October, Ms Soanes, who will step down as CEO of Unity, brings 30 years’ knowledge and experience in the thi

More than one million U.K. customers now bank with Chase, the consumer and commercial banking business of JPMorgan Chase & Co, just 12 months after opening its digital bank in the U.K.

In its biggest commercial property deal since the onset of the Covid-19 pandemic, DM Hall has secured the lease of 30,000 square feet of offices at 177 Bothwell Street on behalf of wealth management and professional services group, Evelyn Partners. The business, formed from the long-established and