News

Scottish shopper numbers rose slightly in September, but this hasn't translated into increased sales, according to the Scottish Retail Consortium (SRC).

As Scotland's local councils face acute challenges, with budgets and workforce stretched to the limit, reform has become increasingly urgent, warns Audit Scotland's Accounts Commission.

Three UK companies innovating green hydrogen, including one in Scotland, have been given a funding boost after winning the Net Zero Technology Centre’s (NZTC) 2024 Electrolyser funding competition. Efficient electrolysers are key to cost-effective and large-scale green hydrogen production

Scotland's hotels have seen a surge in occupancy, room rates, and profits this August, exceeding the rest of the UK, according to RSM.

Edinburgh-based Aveni.ai has revealed its growth plans following its recent £11 million Series A investment round, and Fintech of the Year award win at the Scottish Fintech Awards 2024. The Series A investment round was led by Puma Private Equity, with participation from Par Equity, Lloyds Ban

The Scottish Professional Football League (SPFL) has grown its turnover to £44.3 million – the highest ever figure in the league’s history, according to its newly-published annual accounts. The SPFL’s latest figures reveal turnover has risen by £2.4m (6%), from last yea

There is currently as much as 750,000 sq ft of occupier demand still looking for office accommodation across Glasgow due to a shortage of quality options available in the city, according to data from Savills. While the take-up of office space in Glasgow city centre reached 177,514 sq ft in H1 2024,

Commercial property transactions totalled £426 million in Q3 2024, up 7% year-on-yaer and 16% above the five-year average, marking the highest Q3 total in the last five years, according to Lismore Real Estate Advisors. Key transactions included Pontegadea’s £42.5m acquisition of Th

The pound sterling experienced its sharpest decline against the dollar since March, falling over 1% after Bank of England (BoE) Governor Andrew Bailey suggested the possibility of accelerated interest rate cuts. Speaking to The Guardian Governor Bailey indicated that the BoE could adopt a "more aggr

Ashley Howieson has joined Deeside Timberframe as its new business development manager, following her successful tenure at the Muir Group. With 17 years of experience in the construction industry, including 14 in timber frame, Ashley brings a wealth of knowledge, energy, and enthusiasm to the team.

Sole traders and small and medium-sized businesses across Aberdeen can apply for grants to reduce their energy bills, lower their carbon footprint, and improve their overall sustainability, all while supporting the city’s progress toward net zero.

A black bank manager, Dale Semper, has settled a £1 million lawsuit against the Metropolitan Police after being wrongly accused of gun crime in 2017. Mr Semper, who was handcuffed and had his home searched, alleged racial profiling and the incident's devastating impact on his career and mental

Puma Private Equity, provider of growth capital to small and medium-sized businesses, has revealed its expansion plans for Scotland and rebrand to Puma Growth Partners. The team in Scotland will be led by investment director Ben Leslie, who has relocated back to Scotland after spending six years hel

The Old Course Limited, which owns the Old Course Hotel and Duke's golf course in St Andrews, has reported a pre-tax loss of £1.4 million for the year ended 31 December 2023. This follows a £3.2m profit in 2022. The company attributed the shift to several factors, noting that 2022 w

A new Scottish tax aimed at encouraging the use of recycled materials in construction has been approved unanimously by the Scottish Parliament. The Aggregates Tax and Devolved Taxes Administration (Scotland) Bill will replace the UK Aggregates Levy and tax the sale or use of aggregates consisting of