News

An almost empty two-building office development in Houston has opened itself up to offers in Bitcoin in an attempt to generate interest from tenants. One building at 50 Briar Hollow is completely vacant and the other is 70% empty, the aftermath of pandemic-related business setbacks.

Accountancy and business advisory firm Johnston Carmichael has joined a steering group aiming to establish the Cromarty Firth as one of the UK government’s planned ten freeports. The Opportunity Cromary Firth (OCF) steering group includes private, public and academic sector organisations inclu

The Chartered Institute of Taxation (CIOT) has called for greater clarity on plans to devolve air passenger duty (APD) to the Scottish Parliament amid divergent UK and Scottish government attitudes to the tax. The UK government has proposed reducing the amount of APD paid on domestic flights to boos

Employee-owned businesses have demonstrated financial and social resilience in their approach to fair work in spite of the Covid-19 pandemic, new research has found. A significant focus on people, job security, health, equality and wellbeing has led to increased business turnover and improved staff

Housing association Thenue Housing’s long-serving head of finance John Russell has announced his retirement. Mr Russell will retire in August after 25 years at the association.

The burgeoning tech sector accounted for 44% of equity investment in Scotland’s small businesses last year, with £124 million invested in smaller tech companies in Scotland in 2020, according to the British Business Bank’s Small Business Equity Tracker, published today. Analysis fr

The COP26 summit offers an opportunity for Scotland to put the global spotlight on green finance, writes Sandy Begbie. Over the last decade the financial services sector has faced many challenges. From the reputational damage of the 2008 financial crisis through to adapting to a new post-Brexit trad

Big Four accountancy firm PwC has announced plans to recruit more than 4,000 additional staff in the UK as part of a $12 billion global plan to respond to technological disruption, fractured geopolitics, climate change and the enduring impacts of the COVID-19 pandemic. PwC yesterday unveiled its new

The average price of a property in Scotland has increased by 6.3% in 12 months to reach £161,401 in April 2021 but has fallen by 4.1% compared to the previous month, according to the latest provisional statistics from the UK House Price Index.

Simon Capaldi, office agency partner at Knight Frank Edinburgh, considers the return to the office and how the transition may take shape. One year ago, some commentators were proclaiming the ‘death of the office’. Now, with vaccination programmes well underway, most people I speak to say

The Coca-Cola Company saw its share value plunge by $4 billion after footballer Cristiano Ronaldo snubbed the drink during a Euro 2020 press conference.

activpayroll, the global payroll and tax compliance specialist headquartered in Aberdeen, has named Jason Allen as its next CEO, taking over from founder Alison Sellar OBE after 20 years in the role. Mr Allen brings 18 years of leadership experience with global technology and outsourcing companies,

Scottish Enterprise has awarded a £3.8 million grant to help US clinical research company Q2 Solutions develop a global centre of excellence in West Lothian. The company aims to created 156 skilled jobs over the next three years by establishing a centre of excellence in flow cytometry and geno

Work will begin this year to build a new distillery on the Ardgowan Estate near Inverkip after Ardgowan Distillery confirmed an £8.4 million equity investment into the business. The substantial new equity, £7.2m of which comes from Austrian investor Roland Grain and the balance

Scotland's unemployment rate crept up to 4.2 per cent between February and April 2021, according to the latest ONS labour market statistics. The employment rate decreased slightly to 74.2%, with 2.4 million payrolled employees in Scotland – 50,000 fewer than in February 2020, pre-Covid.