News

The UK is set to experience the strongest economic growth since the Second World War this year, with a faster-than-expected recovery from the coronavirus pandemic, according to the Bank of England. The bank has hiked its estimate for UK GDP growth to 7.25% in 2021, up from February’s forecast

A consented 210 MW pumped storage hydro system (PSH) plus adjacent windfarm on the Queensberry Estate in Dumfriesshire is to be brought to market by Buccleuch.

Scottish IT company Aspen Solutions has signed Loganair as its new IT client.

The Financial Conduct Authority (FCA) has launched a consultation on proposals for a new category of fund designed to invest efficiently in long-term, illiquid assets. Within the consultation, the proposal is that these funds would be open-ended and would be able to invest in assets such as venture

Scottish shopper footfall decreased by 52.1% in April year-on-two-years (Yo2Y) as stores reopened after coronavirus restrictions were eased, according to the latest Scottish Retail Consortium (SRC) Sensormatic IQ Footfall Monitor.

Work to steer the next 30 years of development and investment opportunities for Dundee city centre could be boosted on three fronts next week if a new investment plan is approved by councillors. Councillors will be asked to back spending on commissioning consultants to support the development of the

A farmer accidentally annexed part of France to his native Belgium after moving a 200-year-old stone marking the border between the countries. The border marker has been in place since the border was first drawn up in 1819 and ratified in the Treaty of Kortrijk the following year.

KPMG UK has launched a ‘four-day fortnight’ as part of a package of measures designed to offer greater flexibility, choice and support to its people.

Graham Cunning, head of corporate finance with Azets in Scotland, discusses the marked increase in the popularity of Employee Ownership Trusts (EoTs).  A growing number of business owners have expressed concerns about trade sales, in particular the lack of privacy, the time required f

The Artisanal Spirits Company (ASC), owner of The Scotch Malt Whisky Society, is to continue with ambitious development plans following a £19.5 million package from Royal Bank of Scotland and Lombard. The new facilities will enable the society to further invest in whisky and other spirits stoc

Shareholders in Edinburgh-based financial services company Nucleus Financial Group have accepted a £145 million takeover offer for the firm. Retirement planning firm James Hay Partnership told Scottish Financial News that 91.73% of the Nucleus Financial plc s

Almost all of 50 of the UK's biggest employers questioned by the BBC have said they do not plan to bring staff back to the office on a full-time basis.

Soaring demand for contract workers is far outweighing any impact of new tax changes, thanks in part to the mass movement towards remote and flexible working, according to recruitment specialists at Core-Asset Consulting. Although the introduction of controversial reforms to off-payroll working rule

House prices in Aberdeen are up 5.4% over last year, new figures from Aberdeen Solicitors’ Property Centre Limited (ASPC) have revealed.

The Aberdeen Latin American Income Fund Limited, a company managed by Aberdeen Standard Investments (ASI), has announced its half year results for the six months to 28 February 2021 revealing a 7.2% in net asset value (NAV) total return. The increase in NAV compares favourably with the company&rsquo