News

Angus Dundee Distillers, producers of Tomintoul and Glencadam single malt whiskies, saw turnover fall by nearly £20 million last year, according to their annual accounts. Pre-tax profits also decreased by 43%, dropping from £31m in 2023 to £17.6m to the end of June 2024. Turnover f

An innovative Scottish company looking to revolutionise the way buildings are insulated has secured a substantial six-figure investment. Sisaltech has successfully raised £800,000 in a funding round led by TRICAPITAL Angels, with backing from Scottish Enterprise.

UK inflation unexpectedly dropped to 2.5% in December, down from 2.6% in November, boosting prospects for an interest rate cut by the Bank of England next month. The decline, driven by lower hotel and tobacco prices, surprised City economists who had anticipated unchanged inflation figures.

B-Corp accredited specialist water treatment technologies business Scotmas Group Ltd has secured £2.2 million in equity funding to support its international expansion plans. The investment was led by the Investment Fund for Scotland (IFS), managed by Maven Capital Partners and delivered by the

Ryden is the first full service commercial property consultant headquartered in Scotland to become B Corp certified. B Corp certification is a globally recognised mark of excellence and demonstrates outstanding Environmental Social & Governance (ESG) commitments.

The average price of a property in Scotland in November 2024 increased by 4.7% to reach £195,000 when compared to 12 months earlier but has slightly fallen when compared to the previous month, the latest House Price Index (HPI) for Scotland has shown. Compared to October, house prices in Scotl

Scotland's hotel market enjoyed a buoyant 2024, with transaction volumes for deals over £1 million having reached £431m, a 38% increase on 2023 and significantly above the 10-year average of £282 million, according to Savills. Ovarall, Scotland accounted for around 7.5% of all UK h

Subsea cable manufacturer XLCC is to develop a manufacturing facility, with around 900 jobs, in North Ayrshire thanks to a new £20 million investment by the Scottish National Investment Bank. XLCC’s High-Voltage Direct Current (HVDC) cable will efficiently transport electricity over long

Forvis Mazars has appointed Jennifer Allison as office managing partner (OMP) in Edinburgh, succeeding Laura Clarkson who held the post for seven years. As OMP, Ms Allison will be responsible for developing the firm’s business strategy in Edinburgh and overseeing its local team of over 100 pro

Scottish Government revenue from land and buildings transaction tax (LBTT) has reached a record £674.1 million in 2024, a 15.2% increase on the previous year, according to DJ Alexander. This is £88.7m higher than 2023 when £585.4m was raised. Five of the last six months of 2024 had

Charity Finance Group (CFG) has appointed Hugh Wallace as chair of its board of trustees. Mr Wallace, a board member since January 2023, has taken the reins from interim chair Kevin O'Brien, who had served in the post since April 2024.

A longstanding metal treatment company in Moray has embarked on a multi-million-pound project aimed at preserving and improving its operations in Elgin. Highland Metals Limited, trading as Highland Galvanizers, is upgrading buildings, equipment and infrastructure at is premises in the town’s P

The gender pay gap across UK financial services boardrooms decreased five percentage points between 2019 and 2023, from 30% to 25%, according to the latest EY European Financial Services Boardroom Monitor.

Frasers Group is continuing its transformation of Overgate Shopping Centre in Dundee at pace as the firm announced the opening of its new 100,000 sq. ft FRASERS concept store is scheduled for May 2025.

Glasses belonging to UK comedy legend Eric Morecambe have sold for £20,000 at auction.