News

Strategic real estate advisor Avison Young has released its latest quarterly Big Nine office market update, revealing that Glasgow and Edinburgh city centre offices have experienced the highest take up in over 18 months. Total take-up during Q2 in Glasgow city centre was 142,821 sq ft – down 1

The Financial Conduct Authority (FCA) has launched a consultation on proposals to improve transparency for investors on the diversity of listed company boards and their executive management teams. The FCA is consulting on changes to its Listing Rules to require listed companies to publish annually:

A collector in Germany has lost a legal battle to reclaim Hitler's monumental horses that once stood outside the Reich Chancellery. The bronze statues, which each weigh two tonnes, were made by Austrian sculptor Josef Thorak. They disappeared from a Soviet barracks in 1989 before being found in 2015

Like the rest of the UK, Scotland is continuing to see a marked rise in early signs of insolvency year on year according to the latest Red Flag Alert data published today by business rescue and recovery specialist Begbies Traynor. However, it is feared that the scale of business distress is largely

Glasgow's famous Lorne Hotel has been put up for sale as administrators from Interpath Advisory take steps to wind up Bellhill Limited - the hotel's owners. Thirty staff were made redundant in May when joint administrators Blair Nimmo and Alistair Macalinden were appointed to Bellhill Limited.

Matthew Gregory, the chief executive of bus and rail firm FirstGroup has announced that he will step down from the role in September this year, The news arrives amid mounting investor criticism over the sale of two North American businesses completed earlier this year.

A new report conducted by Edinburgh-based accountancy and finance executive recruitment firm Ceres Resourcing has revealed a sense of optimism amongst finance leaders, both for their respective organisations and for the overall economic outlook for the country. The Scottish Accountancy & Fi

Katy Wedderburn, head of MacRoberts LLP's employment team, discusses the UK Government's proposal to introduce a mandatory duty on employers to prevent sexual harassment. The UK has had legislation making sexual harassment unlawful towards employees, workers carrying out work personally and job appl

Barclays has posted its half-year results revealing a profit before tax of £5.0 billion, compared to the £1.3bn reported at the same time last year. The bank has reported an attributable profit of £3.8bn, against last years figure of £0.7bn.

According to Savills, total investment into Scottish commercial property during H121 reached over £770 million, reflecting a 62% increase on the figure recorded for the same time period last year. In addition, the international real estate advisor notes that with a further £490m currentl

As central banks race to pilot ‘national digital currencies’, Luke Bartholomew, senior monetary economist at Aberdeen Standard Investments (ASI) discusses the implications and asks, will we see a UK ‘Britcoin’? Some of the best economic and banking brainpower is currently bei

UK house prices slipped for the first time since March with annual house price growth falling back to 10.5%, according to the latest Nationwide House Price Index.

Dundee business leader and entrepreneur Tim Allan has become the founding social sponsor of Women’s Business Station. Mr Allan, owner of Tricorn Capital, chair of V&A Dundee and president of Scottish Chambers of Commerce, is investing £20,000 in the social enterprise which supports w

Stocky & Dee, a luxury dog accessories firm created in Scotland in 2019 by husband and wife team Mairi and Chris Robb, is experiencing rapid growth, partly as a result of the surge in pet ownership during the pandemic. The start-up, founded from home, has thrived during lockdowns with increased

Scottish building services and construction contractor, McGill has announced that it will now accept cryptocurrency as payment for services delivered. The company has partnered with payment gateway provider, CoinGate, to accept payment in over 50 different crypto coins including Bitcoin, Ethereum, L