News

The introduction of further restrictions in response to the Omicron Covid-19 variant could derail the fragile economic recovery and have a devastating impact on Scotland’s crucial SME sector, according to Blair Milne, head of restructuring insolvency at Azets in Scotland. Blair Milne has

Businesses in the Highlands and Islands continue to be challenged by increasing costs, economic uncertainty and supply chain issues, according to the latest business panel survey undertaken by Ipsos MORI for Highlands and Islands Enterprise (HIE). More than a thousand businesses in the region were c

Edinburgh’s solid house price growth, highly educated residents and expected population growth has seen it take over the top spot for residential investment in Colliers’ latest Top UK Residential Investment Cities report. The Scottish capital moved up from second place, pushing Cambridge

The Aberdeen New Dawn Investment Trust plc, a company managed by abrdn, has seen its Net Asset Value (NAV) total return drop by 0.7% in the six months ended 31 October 2021. This is compared to a rise of 43.4% in the year ended 30 April 2021.

The central outlook is still for the Scottish economy to meet pre-pandemic levels in the Spring, but Omicron casts a shadow over the speed of recovery in 2022 as restrictions are increased, according to the Fraser of Allander Institute (FOAI). The institute, which is operated by the University of St

Scotland's Chief Statistician has released statistics showing that the economy grew by 1% during July to September 2021.

Blood donors will be rewarded with Christmas trees under a novel scheme in Poland.

A warehouse unit at Eurocentral in Scotland’s central belt, let to the Swedish commercial vehicle manufacturer Scania, has been acquired off-market by a private investor for around £11 million.

Knight Frank has appointed Harry Hawksby to lead its new trading business valuations service in Scotland, enhancing its experience across a wide range of leisure property and expanding the capabilities of its hotel, leisure and trading real estate teams. Mr Hawksby joins the independent commercial p

Aberdeen-based residential property developer Claymore Homes has commenced the build of a new luxury residential development in St. Combs thanks to a seven-figure loan from Bank of Scotland.

Cytochroma, a life sciences company that provides ethical, sustainable and accurate alternatives to animal testing in drug discovery and development, has secured nearly £1 million to further commercialise its business. This follows a successful investment round led by Angel Academe alongside f

Clyde Gateway, Scotland’s biggest regeneration programme, has completed the sale of a further office development in Rutherglen town centre.

Total sales in Scotland increased by 2.6% compared with November 2020, when they had decreased by 10.2%, according to the latest Scottish Retail Consortium (SRC) & KPMG Scottish Retail Sales Monitor.

ERM, the world’s largest pure-play sustainability advisory firm, has acquired Aberdeen-based OPEX Group (OPEX) – a specialist software company delivering AI & data science solutions that help carbon-intensive industries to reduce emissions. This acquisition will further enhance ERM&r

Edinburgh-based Label Ventures is launching a new payments innovation accelerator to help innovators around the world pioneer the future of payments and make good on their resolutions to bring innovation to market in 2022. The result of a partnership between Label Ventures and Hunch, the foresight a