News

The Outer Hebrides, Orkney and Shetland will benefit from investment of up to £100 million as part of the Islands Growth Deal.

The Scottish Parliament’s Local Government and Communities Committee has launched a call for views on the impact of coronavirus on the financial sustainability of local government in Scotland.

Sales of ice cream in the UK increased by 26% during the three months of lockdown, whilst demand for shampoo and deodorant fell.

A new hotel with a rooftop bar and city centre ‘hub’ with space for local businesses is planned as part of a proposed redevelopment and refurbishment of the Debenhams store on Edinburgh’s Princes Street.

Westhill-based asset management firm Texo Group has appointed Karen Laing as its new head of finance.  Ms Laing is an ACCA qualified accountant with over 20-years’ experience of leading finance operations across a range of industrial sectors.

Scottish Friendly, one of the UK’s largest financial mutuals, has appointed Pamela Simmons as head of human resources. Ms Simmons is a fellow of the Chartered Institute of Personnel and Development (CIPD) with over 25 years’ experience in HR and has worked for leading brands domestically

Despite a total year-on-year decline in retail sales of 18.6% in June, Scotland's retail sector appears to be on a slow path to recovery, according to the latest KPMG and Scottish Retail Consortium (SRC) Scottish Retail Sales monitor. 

Paul Alcorn, legal executive at law firm Jones Whyte, discusses the changes to Land & Buildings Transaction Tax and how it impacts buyers. From 15 July 2020 until 31 March 2021 the threshold that the Land and Buildings Transaction Tax (LBTT) begins to be paid for residential property p

New research from Rettie & Co has revealed that Land and Buildings Transaction Tax (LBTT) returns were up 1.2% in 2019/20. The firm has also found that LBTT revenues had increased by 10% from the previous year, however, the future remains uncertain due to the severe impact of the coronavirus cri

Addleshaw Goddard has advised Frontier IP's £2.33 million capital raising campaign.  The campaign by the firm, which is a specialist in commercialising intellectual property, comprised of a placing and offer for subscription.

Glasgow-based coach holiday firm Caledonian Travel is being brought back into business by its former management team who have acquired its brand along with sister company UKBreakaways.com.

Natwest Group has announced that it will be investing £3 billion in social housing across the UK over the next three years. The funding will be used to support the construction of 20,000 homes.

A new initiative which is aimed at boosting Scotland’s bioeconomy will be launched tomorrow by the Industrial Biotechnology Innovation Centre (IBioIC). 

A planning application has been submitted for a new malt distillery on the historic Hopetoun Estate at Midhope, West Lothian. 

Businesses across the UK are on average, operating at half of their pre-COVID-19 capacity on average despite lockdown measures easing, according to the latest British Chambers of Commerce (BCC) Coronavirus Impact Tracker.