Business

Economic growth in Edinburgh and Glasgow is set to more than double in 2022 while the two cities are also predicted to achieve record levels of employment, according to forecasts published by strategic real estate advisor Avison Young.

David Ferguson, the founder and former CEO of Edinburgh-based Nucleus Financial Group, has been appointed as CEO of investment technology firm Seccl. Mr Ferguson will join the Octopus Group-owned firm on April 4, subject to FCA approval.

As more information emerges about the Omicron variant and restrictions begin to ease, Scotland’s GDP is expected to grow by 4.8% this year, according to new analysis by KPMG UK. With Omicron posing a milder setback than earlier strains, KPMG expects all regions and nations to reach their pre-C

A fresh analysis undertaken by the Scottish Retail Consortium (SRC) estimates shops in Scotland have missed out on £5.8 billion of retail sales during the past two years of the Covid pandemic.

Total retail sales in Scotland increased by 15.6% compared in December, compared to the same period the year before, when they had decreased by 16.6%, according to the latest Scottish Retail Consortium (SRC) and KPMG Retail Sales Monitor.

The Scottish National Investment Bank (SNIB) has announced a £4.45 million investment into Highland Coast Hotels to help to support more sustainable and community-led hospitality around the North Coast 500 tourist route. The investment will support tourism and employment opportunities in a rem

Almost three quarters (72%) of small or medium enterprises (SMEs) across Scotland are currently waiting on late payments from customers, according to new research from Barclays surveying 500 UK small business owners.

Amazon has scrapped plans to block UK Visa credit card payments this week, amid dispute resolution talks over payment fees. In a statement released yesterday, Amazon said: "The expected change regarding the use of Visa credit cards on Amazon.co.uk will no longer take place on January 19."

A two-year equality fund has been launched to make Scottish workplaces, including those in the finance industry, more inclusive and diverse. The Scottish Government-funded initiative, with £800,000 available in its first year, aims to address longstanding barriers in the labour market so that

Scotgold Resources, the gold exploration and production company focused on Scotland, has announced that it recorded its highest gold concentrate production in December since its first gold pour at its Coconish mine. A total of 101 tonnes of concentrate has been produced, equating to c.700

John Tutte is to join the board of housebuilder Bellway as non-executive chairman designate on 1st March 2022. Mr Tutte will succeed Paul Hampden Smith, who will retire from the board as non-executive chairman on 1st April 2022, following almost nine years' service as a non-executive director.

A new report from BDO has found that 70% of businesses are only planning nine months ahead, despite ambitions to launch new products and services and ongoing investments in research and development both at home and abroad.

Scotland’s predicted rapid return to pre-pandemic levels of economic growth has been put at risk as businesses report increased concerns over rising costs, recruitment challenges and concern over the return of COVID-19 restrictions, according to a new survey conducted by the Scottish Chambers

The first development at Michelin Scotland Innovation Parc (MSIP) in Dundee is complete and sees the delivery of a new design and build industrial space. Comprising of six light industrial units, the Fulhame Building is the Parc’s first lettable space for small start-up businesses and covers 1

Ovo Energy is to close its Peth office after the firm warned its UK staff that it planned to cut 1,700 jobs. Staff have been informed that 1,700 employees across the UK will lose their jobs through voluntary redundancy.