News

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

Strategic real estate advisor Avison Young has let the last vacant unit at one of Scotland’s industrial & logistics hubs, Eurocentral, on behalf of its client Hermes.

Young people looking to enter the workforce will benefit from £70 million of investment from the Scottish Government. The Young Person’s Guarantee aims to protect people from the economic impact of COVID-19 by offering every 16-24 year old in Scotland the opportunity of a job, apprentice

An Art Deco bracelet owned by Princess Margaret is going up for auction in September.

Aberdeen-based financial consultancy firm Gary Walker Wealth Management (GWWM) has agreed a multi-year partnership with Aberdeen Football Club to become the club’s first official financial planning partner. An ardent supporter of the Dons over a number of years, GWWM will work collaboratively