News

Police have announced a successful operation which led to the seizure of cocaine, cannabis, ketamine, cash – and stolen cornflakes. West Yorkshire Police said a raid on six addresses led to the seizure of drugs with a street value of £750,000, as well as an estimated £10,000 in cas

Scottish Mortgage Investment Trust, valued at £15.2 billion and managed by Edinburgh-based Baillie Gifford, is seeking shareholder approval to expand its capacity to invest in private companies. The trust currently caps private company investment at 30% of total assets at the time of purchase.

Altrad Sparrows posted a pre-tax loss of £11.7 million in its 50th year of business, as turnover at the Aberdeen crane and inspection services firm fell sharply from £150.5m to £102.6m for the year to 31 August 2025. Directors attributed the revenue decline largely to reduced activ

Lismore Real Estate Advisors (Lismore) has advised on the £23.4 million acquisition of Hanover Buildings at 66-84 Rose Street in Edinburgh, on behalf of Lothian Pension Fund from Oval Real Estate.

Knight Property Group has secured a new tenant for its refurbished office space at 110 George Street in Edinburgh city centre. Brindley Associates is relocating from its current premises at Hunter Square and has agreed a ten-year lease on the 1,500 sq ft second-floor office suite within the building

Scotland’s commercial property markets are showing signs of stabilisation as inflation and interest rate pressures ease, according to the latest Scottish Property Review 2026 from property consultancy Ryden. The annual report finds that while many occupiers remain cautious due to operating cos

Shops occupying medium sized and larger premises in Scotland are set to pay £54 million more in business rates than their equivalent-sized counterparts down south in the coming year, from 1 April. The figure was revealed in response to a written parliamentary question from Mid Scotland & F

Akre, a Fife-based natural capital developer, has secured £3.3 million of finance from sustainable lender Triodos Bank UK. Headquartered in Fife, Akre was established by the Drysdale family in 2020 and has since constructed a state-of-the-art nursery – Akre Trees. The site, which has bee

Edinburgh-based Earth Blox, a technology company helping organisations understand how nature loss and climate hazards affect financial performance, has secured £6 million in new investment led by PXN Ventures with support from Scottish Enterprise, follow-on investment from Archangels and fund

Scotland’s businesses would benefit from a regionally-balanced, investment-led growth model, the Scottish Chambers of Commerce has said, responding to Rachel Reeves’ Mais Lecture. The business organisation backed the Chancellor’s vision of an "active and strategic state" to drive p

Glasgow-based product design agency Filament has merged with software development consultancy Arceptive in a move that brings its combined headcount to 29 and is expected to double the group's turnover to over £3.5 million by the end of 2027. Arceptive was founded in 2019 by Stefan Raue and Ch

Ahsan Mustafa, a senior associate in Aberdein Considine LLP’s banking litigation team has achieved accreditation from the Law Society of Scotland as a debt and asset recovery specialist. Mr Mustafa works within the firm’s wider Lender Services Practice Group and acts for major UK banks,

Around 51,000 people in Scotland will be required to comply with Making Tax Digital for Income Tax from next month, with the Association of Taxation Technicians (ATT) warning those affected to get ready for the shift. HMRC figures show thousands of landlords and the self-employed in the country will

Archaeologists have discovered a hoard of 409 gold rouble coins beneath the foundations of a historic house in Torzhok, a city in north-western Russia approximately 420 kilometres south-east of St Petersburg. The find, dating from the final decades of the Russian Empire, may be worth well over half

A group of MPs has called for a Royal Commission into the United Kingdom's financial conduct regulation, warning against what they describe as a "deregulation agenda" that threatens to weaken consumer protections. The All-Party Parliamentary Group on Investment Fraud and Fairer Financial Services ha