News

A 7,000-home neighbourhood including two schools, a hotel and commercial, retail & community facilities to the western fringe of Edinburgh has been granted planning consent in principle.

Thorntons’ Edinburgh team has achieved a record annual fee income of approaching £12 million as the firm celebrates its 20th anniversary in the capital. The firm opened its doors in North Castle Street in November 2004 with just three employees. Now based at Haymarket, it boasts a team o

ESPC, the Scottish property portal, has announced the appointment of two new directors to the company’s board. Jill Andrew, partner at Connell and Connell, and Caitlin Keegan, residential property legal director at Gillespie MacAndrew, will bring a wealth of insight and experience to their pos

Fetcha Chocolates, an Argyll-based chocolate manufacturer is investing in new equipment to quadruple its capacity, increase turnover and create employment. Campbeltown-based Fetcha Chocolates Limited has secured a £6,311 contribution from Highlands and Islands Enterprise (HIE) towards the tota

The University of Glasgow has launched Scotland’s first deeptech accelerator in partnership with advanced technology accelerator STAC. The Infinity G accelerator numbers 15 ventures including 10 spinouts, from AI and quantum computing to biotechnology, and is designed to nurture and advance gr

Digital bank for entrepreneurs OakNorth has provided £11 million in funding to Longacre Group, a long-term investment company, to acquire a majority stake in Veracity, a global provider of network connectivity products and surveillance systems. Founded in 2005 in Prestwick, Veracity has a glob

Scotland's business chiefs have reiterated calls to the Scottish government ahead of today's Budget announcement, stating that companies are at "breaking point" and require urgent support. Scottish Chambers of Commerce chief executive Dr Liz Cameron CBE said: “Scotland’s businesses are f

An Aberdeen local has turned her online side hustle into a fully-fledged business after opening her own boutique gift shop in Cults with support from Business Gateway.

More than one third (35%) of Scottish businesses have experienced fraud in the last five years, a new survey from BDO has found. Of those businesses, 86% said they had experienced fraud in the last 12 months. Additionally, more than a quarter of respondents (29%) have seen multiple fraud incidents i

Surrey-based IT services and solutions firm ARO has agreed to lease office space at Kingshill Park in Westhill, Aberdeenshire, from Knight Property Group. The firm has signed a 5-year lease on a 2,670 sq ft ground floor office suite at Pavilion 11 on the park. It has moved from a previous base in Qu

Poundland is offering its first ever apartments for sale as it prepares to open a new store on Elgin's historic High Street.

Ahead of today's Scottish Budget, ICAS CEO Bruce Cartwright CA has stressed the need for fiscal stability, urging the government to avoid constant income tax adjustments. He points out that the Scottish Government has "limited levers" with which it can "help boost the economy and alleviate some of t

Johnston Carmichael has strengthened its leadership team with the promotion of four partners and a director. In total, the accountancy firm has promoted 65 people across the business this month. The latest round of promotions adds to 97 people already promoted this calendar year, accounting for almo

Property consultancy Galbraith is urging the Scottish government not to increase Land & Buildings Transaction Tax (LBTT) in this week’s budget, amid signs that the tax is having a dampening effect on market activity. The firm reports that the rates of tax imposed in Scotland are holding ba

Scottish retail sales experienced a 3.3% decrease compared to November 2023, when they had grown 2.6%. This was below the 3-month average decrease of 0.1% and below the 12-month average growth of 0.5%. Adjusted for inflation, there was a year-on-year decrease of 2.3%.