News

A 240-metre tower powered by hydrogen is being planned in Egypt.

Two-year fixed mortgage rates are falling faster than longer-term deals for the first time in two years, as the Bank of England signals a gradual approach to reducing interest rates. Santander is now offering a two-year fixed rate below 4% on a 60% loan-to-value mortgage, while other major lenders h

The Scottish Financial News website will be temporarily offline for scheduled maintenance this Sunday 22nd September from 2pm. This downtime will allow us to make a suite of website improvements for the benefit of our readers.

ISG plc is expected to follow its subsidiary companies by entering administration today. Six of the contractor's subsidiaries, including ISG Construction, applied to enter administration yesterday.

Lindsays has appointed Lisa Mannion as a senior associate in its residential property team in Dundee. A graduate of the University of Dundee, she has spent the past 11 years working in the city, previously with Thorntons.

A Fife business producing broccoli crisps has secured a nationwide deal with Aldi in Scotland. Growers Garden, based in Cupar, began selling its products in local farm shops and cafés, but will now see two of its products stocked in all 106 of Aldi’s Scottish stores.

A freedom of information request has revealed that 18 individuals have voluntarily donated almost £620,000 to the Treasury this year alone. Since 2003, over 150 donations totalling £4.7 million have been made, including bequests left in the wills of 27 people.

Around 70 business leaders attended an exclusive event in Aberdeen focusing on accelerating the energy transition through research and development (R&D) tax credits. Organised by R&D tax credit specialist ZLX Business Solutions, the event saw the launch of the technology growth fund (TGF) at

August 2024 saw 102 company insolvencies registered in Scotland, 9% lower than the number in August 2023. The total number of company insolvencies was comprised of 56 CVLs, 42 compulsory liquidations, two administrations and two receivership appointments. There were no CVAs.

WTW has appointed Rachel Haggarty as a director in its Scotland Retirement team. Ms Haggarty, who joins from Hymans Robertson, specialises in advising companies on their defined contribution pension schemes, from scheme design and member experience, through to master trust selection and governance.

Forth Ports has announced two senior management changes, with the appointment of Paul Dale as chief operating officer and departure of chief financial officer Carole Cran. Mr Dale – who is currently asset and site director for the Port of Tilbury – joined Forth Ports in 1989 as a 19

The University of Dundee has been recognised as the Innovative & Entrepreneurial University of the Year in Europe by the Triple E Awards. The Triple E Awards are a global recognition of efforts towards the quest for entrepreneurship and engagement in higher education. The awards aim to foster ch

A property finance expert has identified small and medium housebuilders as “crucial” to addressing Scotland’s dire housing crisis. Stuart Heslop, of lender Together, which provides corporate, commercial and residential property finance, this week signalled the finance company&rsquo

The Smart Things Accelerator Centre (STAC) has launched ‘thebeyond’ campus at Skypark in Glasgow, featuring cutting-edge product development labs and a 250-desk co-working space, which CEO and co-founder Paul Wilson says will be Europe’s largest “smart things” hub. The

The Scottish Inward Investment Catalyst Fund (IICF) has awarded nearly £60k to six R&D projects, including two alternative protein ventures and an educational digital children’s game about business. The fund was set up by Interface and Scottish Government to attract companies from ou