News

The Nc'nean Distillery has secured up to £250,000 investment from Highlands and Islands Enterprise (HIE) to help reduce its carbon footprint while increasing productivity and creating jobs. Nc'nean Distillery is a young, independent, organic whisky producer based in the small hamlet of Drimnin

Vogue magazine has apologised to a Cornish pub after requesting the centuries-old establishment to change its name. The Star Inn at Vogue refused to change its name after receiving the original request from the magazine in March, highlighting that the pub was named after the hamlet in which it is lo

Haddington-based investment management firm McInroy & Wood has appointed David Cruickshank, the former global chairman of Deloitte, as its new non-executive chairman. Mr Cruickshank replaces Simon Fraser, who died suddenly in August 2021. Tim Wood, the firm’s chief executive, served as int

The historic Scottish Mortgage Investment Trust, managed by Baillie Gifford, has seen its net asset value drop by 13.1% in the 12 months to the end of March. The £14 billion fund also suffered a 9.5% drop in its share price, compared with a 12.8% increase for its benchmark FTSE All-world Index

Anders Holch Povlsen, 49, once again heads the 2022 Sunday Times Scottish Rich List with a personal fortune of £6.5bn, up £500 million on last year. He is also now Scotland’s largest landowner with more than 220,000 acres. Povlsen is owner of the Danish fashion retailer Bestseller

Almost a quarter (24%) of Scottish small or medium-sized enterprises (SMEs) have seen the number of late payments they receive increase since the cost of living has gone up, according to new research from Barclays.

Edinburgh and Glasgow-based digital skills academy CodeClan has added travel site Skyscanner, Sainsbury’s Bank, and media organisation DC Thomson as industry partners as Scotland’s national digital skills academy looks to further scale up and strengthen its graduate pipeline. Already wor

abrdn Equity Income Trust plc, has published its results for the six months ended 31 March 2022, revealing a share price total return of 8.6%. The total return of the FTSE All-Share Index was 4.7%. The company's portfolio performance was impacted during the first three months of the financial year a

Edinburgh-based hospitality tech firm ePOS Hybrid has smashed its latest pre-series A funding round after hitting a £500,000 goal within 15 minutes of going publicly live. Delighted bosses at ePOS Hybrid are now extending the crowdfunding opportunity, upping the target to a maximum of £2

Union Point, a well-known Aberdeen office building that was auctioned off for just £25,000 following the oil price downturn of 2016, is set to be fully occupied this year, after a remarkable turnaround in its fortunes. Union Point, formerly known as Salvesen Tower, has undergone a major transf

Company directors who either commit VAT fraud or fail to demonstrate procedures to prevent VAT fraud in the supply chain are being targeted by HMRC with a trader monitoring campaign shaped by The Kittel Principle. This principle defines whether a director has been fraudulent, knew about a fraud or,

Average house prices in Scotland have risen by 20% since the start of the pandemic, according to an analysis of the latest data by property firm DJ Alexander Ltd. The firm said that between March 2020 and February 2022 average property prices in Scotland rose 20.0% from £150,625 to £180,

The UK’s small businesses will be run by personal avatars by 2050 thanks to powerful advances in artificial intelligence (AI) in the coming decades, according to a new futurology report commissioned by Virgin Money, owner of Glasgow-based Clydesdale Bank.

A coffee shop in Florence has been fined €1,000 (£847) after a customer got angry over the price of an espresso. The customer called the police after being charged €2 (£1.70) for his coffee (a decaffeinated one) at Ditta Artigianale in the centre of the city.

An Edinburgh-based team from CMS has advised Aviva Investors on a refinancing of 12 NHS primary health and integrated care centres across the Kingston upon Hull area. Built as part of the NHS LIFT (Local Improvement Finance Trust) Programme, Hull Citycare Limited’s portfolio of healthcare proj