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Scotland's private sector ends the year with a renewed decrease in output, according to the Royal Bank of Scotland Scotland Growth Tracker. The seasonally adjusted index measures the month-on-month change in the combined output of the region’s manufacturing and service sectors.

The UK’s small and medium-sized businesses are bracing for cost increases this year, according to new research from SME lender iwoca. iwoca’s annual SME Outlook, based on a survey of SME owners, shows that mounting business running costs tops the list of pressure points going into 2025,

More than 456,000 people are due to receive inter Heating Payments totalling £26.8 million this winter, social justice secretary Shirley-Anne Somerville will tell MSPs today. Updating the Scottish Parliament on support with fuel costs for people on low incomes, Ms Somerville will confirm the S

Curtis Walker has been appointed as managing director of software developer Hybrid Anchor as the north Lanarkshire company eyes further expansion. Mr Walker joins from Abstract Canvas, an award-winning 3D visualisation studio which he set up in Glasgow in 2020.

The pound plummeted to a 14-month low against the dollar on Monday, driven by a global market downturn sparked by expectations of a single interest rate cut from the US Federal Reserve this year. Sterling fell as much as 0.7% to $1.211, underperforming other major currencies.

EY's failed attempt to spin off its consulting arm, known as Project Everest, left the firm with a hefty debt that took longer than expected to clear, according to its latest yearly account. Despite aiming to repay the $700 million (c. £575m) credit facility by July 2024, the Big Four firm sti

Airdrie-based DataVita, a provider of critical digital infrastructure and cloud solutions, has delivered record total sales of £13.34 million in the year ending 30 June 2024, a 46% increase from £9.12 million the previous year. Gross margin improved by 62%, reaching £6.15m, reflect

Aberdeen-based project risk management consultancy Prism Energy has reported a doubling of both turnover and workforce in 2024, continuing a five-year trend of annual turnover growth. The firm's revenue reached £2.5 million for the year ending March 2024, and the firm projects this figure will

Lindsays has appointed Michael Kitson as a director in its commercial property team in Edinburgh. With 14 years of experience, most recently with BTO, Mr Kitson has considerable experience in advising a range of clients across the private and public sectors, supporting developers, contractors,

Burges Salmon has advised real estate and leisure investment firm London and Regional Properties (L+R) on its acquisition of Holiday Inn Express Folkestone for its Atlas Hotels brand. Located near the Eurotunnel, the Folkestone acquisition supports Atlas Hotels’ vision to grow in key locations

Macfarlane Group has acquired The Pitreavie Group, a fellow Glasgow-based business, in a deal worth £18 million. This includes an earn-out of up to £4.0m over two years. The acquisition aligns with Macfarlane's strategy of expanding its protective packaging business through organic and a

Scotland's hotel sector enjoyed a buoyant November, with occupancy rising to 78.1% from 74.6% the previous year, according to RSM's Hotels Tracker.

Rettie's land and development team has advised on over £750 million worth of residential property projects during 2024, equating to over 2,200 residential units during the year. Development partners and clients included Thriving Investments, Forth Ports, CCG, S1 Developments, and Moda.

People from across the South of Scotland are being encouraged to apply to become a member of the Regional Economic Partnership (REP). 

Insurance broker Gallagher has relocated its Edinburgh operations to a new city centre office. The move to fully refurbished premises at Waverley Gate, Waterloo Place brings together over 90 employees from various divisions, including insurance broking, employee benefits, and claims management, unde