News

A man has sold a bottle of MacAllan whisky for £2,700 after buying it for just £11.

Scottish EIS fund manager Par Equity has announced the appointment of Tom Croy as an investment manager and Alastair Orr Ewing as a portfolio and investor relations manager.

Dumfries and Galloway Housing Partnership (DGHP) is to refinance its existing bank debt after securing a £114 million financing deal with M&G Investments. DGHP, which became part of Wheatley Group in December 2019, has ambitions to develop up to 1,000 homes over the next five years.

Glasgow-based chartered accountants Wylie & Bisset has labelled the Scottish draft budget "tame" after it left the tax gap untouched. Catherine McManus, head of tax at Wylie & Bisset, said she was not surprised that the budget was tame in its scope, coming immediately after Brexit and a mont

The Scottish labour market benefited from a rise in permanent staff appointments continued during January, according to a new Royal Bank of Scotland (RBS) report. The increase was the fastest in the current three-month sequence of expansion and solid overall, according to the latest RBS Report on Jo

Over the past three months, the average property selling price in Edinburgh, the Lothians, Fife and the Borders was £248,009 – an increase of 2.1 per cent on the previous year. In Edinburgh, the average selling price was £265,748, a 1.8 per cent increase compared to last year.

Credit market data provider Fitch Solutions has agreed to integrate its country and industry research on a global data intelligence platform run by Scottish intelligence business Brainnwave. The partnership will see Fitch Solutions integrate its country and industry research on Brainnwave’s di

Nationwide is to repay customers after it failed to correctly warn them that they would be charged for entering an unarranged overdraft. The move comes after the building society was found to have broken Part 6 of the Competition and Markets Authority’s (CMA) Retail Banking Market Investigatio

Glasgow City Council has successfully delivered a challenging project to finance £500 million in equal pay claims. A report by the Accounts Commission, Scotland’s local authority watchdog, found that the council developed and demonstrated good governance arrangements throughout a complex

Aberdeen City Council has put more than 300 commercial properties up for sale in a bid to raise £45 million for local services. The local authority is selling 90 industrial units, 15 offices, 75 shops and 130 ground lease properties, the Evening Express reports.

A millionaire has claimed he burned over $1 million to stop his wife getting her hands on it in a messy divorce.

Leonard Curtis Business Rescue & Recovery Glasgow has secured the sale of the Carmelite Hotel in Aberdeen in a deal which will safeguard all 56 jobs. Michelle Eliot and Stuart Robb were appointed joint administrators of Carmelite (Aberdeen) Limited, operators of the Carmelite Hotel, on Friday 31

Invizius, the University of Edinburgh spin-out which is developing potentially lifesaving products for dialysis patients, has announced the appointment of James Robson as its chief financial officer.

Fintech firm FNZ has announced plans to grow its Scottish presence by establishing a new operations centre in Dundee and adding more than 200 roles across Edinburgh and the City of Discovery. The global platform as a service (PaaS) company, which serves financial services companies, opened its new D

Edinburgh-based investment firm Equity Gap invested £3.9 million last year in what the firm's directors hailed as a "strong performance".