News

Financial backing of up to £80 million is being offered to help the Scottish Cluster carbon capture project accelerate its effort to help the nation's just transition to net zero. The investment would come from the Scottish Government’s Emerging Energy Technologies Fund. It is proposed t

Industrial property and retail warehousing are driving investment in Scottish commercial property after overtaking offices in annual volumes for the first time since 2011, according to new figures from Knight Frank. The independent commercial property consultancy found that retail warehousing and in

John Tutte is to join the board of housebuilder Bellway as non-executive chairman designate on 1st March 2022. Mr Tutte will succeed Paul Hampden Smith, who will retire from the board as non-executive chairman on 1st April 2022, following almost nine years' service as a non-executive director.

Housebuilder Persimmon has appointed Jason Windsor as its new chief financial officer as the firm noted a return to near pre-pandemic levels. Mr Windsor is expected to join in the summer and will become an executive director on the board at that time. He will succeed Mike Killoran, who announced in

A new report from BDO has found that 70% of businesses are only planning nine months ahead, despite ambitions to launch new products and services and ongoing investments in research and development both at home and abroad.

Scotland’s predicted rapid return to pre-pandemic levels of economic growth has been put at risk as businesses report increased concerns over rising costs, recruitment challenges and concern over the return of COVID-19 restrictions, according to a new survey conducted by the Scottish Chambers

Professional sports affected by the recent Covid-19 crowd limits have been allocated £2.55 million in financial support from the Scottish Government. The funding comes from the £5 million announced for professional sport on 5 January, as part of £375 million in wider business suppo

The first development at Michelin Scotland Innovation Parc (MSIP) in Dundee is complete and sees the delivery of a new design and build industrial space. Comprising of six light industrial units, the Fulhame Building is the Parc’s first lettable space for small start-up businesses and covers 1

Gross domestic product (GDP) is estimated to have grown by 0.9% in November 2021, according to the latest figures published by the Office for National Statistics (ONS).

A cat has been taken into custody after a woman called police because her cats were fighting. The 52-year-old woman in Omaha, Nebraska said she tried to break up the fight and verbally told the aggressor she would "put it in its room".

Ovo Energy is to close its Peth office after the firm warned its UK staff that it planned to cut 1,700 jobs. Staff have been informed that 1,700 employees across the UK will lose their jobs through voluntary redundancy.

Crown Estate Scotland is offering two tenant farmers the opportunity to buy their farms. Tenants on Auchindoun Estate in Moray and Applegirth Estate in Dumfriesshire are being made the offer as part of a pilot which may be extended.

With the cost-of-living squeeze underway, 32% of consumers plan to cut back on their household spending this year, according to a survey of 3000 UK consumers by KPMG.

Global GDP growth is expected to increase by around 4.5% in market exchange rates in 2022 as global economies continue to grow, and are likely to remain resilient in the face of the Omicron variant, according to base case projections in PwC’s latest Global Economy Watch. PwC has said that the

New research from Lloyds Bank Business has found that just 1 in 10 (12%) small businesses in the UK went online as a direct result of the pandemic.