News

Potential changes to the council tax system that could see those in the highest value properties asked to pay more if they can afford to have been published. A joint consultation with COSLA is seeking views on plans to increase the amount paid by people in bands E, F, G and H. This aims to address c

In celebrating its 10th anniversary, Auction House Scotland is poised to host its 75th in-room auction. Established in 2013 by property investor Ross Harper, it is part of the Auction House UK franchise. Over the years, the company has sold more than 1,800 lots, raising over £119.7 million for

OakNorth Bank, the entrepreneurial neobank, has recently extended its operations into Scotland, setting up a new office on Glasgow's George Square, and has appointed a new senior director of debt finance and associate debt finance director. Recognised for its unique approach to lending, the bank has

Moray-based LH Stainless Ltd (LHS), a processing equipment manufacturer for the distilling industry, has secured an investment of up to £149,000 from Highlands and Islands Enterprise (HIE), facilitating an ambitious £745,000 expansion project.

Aberdeen-based software company STC INSISO has entered into a technological collaboration with global logistics firm Peterson Energy Logistics. STC INSISO's role in the partnership will centre on aiding the further development of Peterson's logistics platform, Lighthouse.

Scottish businesses are exhibiting greater confidence in their growth over the next year, compared to the European average, according to the latest Accenture / S&P Global UK Business Outlook. This optimism, despite a decline from +35% in February to +22% currently, surpasses the European level o

Aberdeen-based energy services operator Wood Group has reported robust trading for H1 with revenues expected at £2.2 billion, a 15% increase compared to the same period the previous year. Adjusted EBITDA is predicted to rise by 6% to approximately £147 million, reflecting favourable perf

Edinburgh-based Apex Hotels has expanded its portfolio by venturing into rural markets with the acquisition of the Pine Trees Hotel in Pitlochry. The deal, the financial details of which remain undisclosed, marks the first step in Apex's strategy to diversify into popular UK destinations. The family

Richard Adam, who served as group finance director for Carillion plc from 2007 to 2016, has been disqualified for a period of 12.5 years.

Barratt Developments has said it anticipates a 15% drop in profits this year amid a sharp decline in demand for homes, particularly from first-time buyers. In a trading statement, the homebuilder said adjusted profit before tax is "anticipated to be in line with current market expectations", which i

Planet DDS, a Californian dental software company, has chosen Glasgow as the location for its new technology development and support centre, marking a significant investment in Scotland's economy.

Scottish pie and pastry maker Bells Food Group has retained its fourth place in the 2023 Kantar Scotland Brand Footprint report as one of Scotland's most chosen brands by shoppers. The announcement coincides with the initiation of a £250,000 investment scheme by the company to expand its pie p

SME financier Reward Finance Group has introduced a specialised wellness team to extend wellbeing, mental health, first aid, and menopause support to its employees across its five regional hubs, comprising Scotland, London, Leeds, Manchester, Birmingham. The group's new team, consisting of 30 traine

The Toronto Police Service has confirmed the closure of a licensed, fully-stocked bar at its headquarters after an officer who had allegedly drunk there was charged with impaired driving. The decision was communicated to senior officers in May, with the liquor licence not due for renewal. A spokespe

Chartered surveyors DM Hall alongside property agents Ryden have brokered a new five-year lease for Aberdeen-based company, Trojan Crates, for one of the refurbished industrial units at 1-7 Crombie Road, near the city centre and Port of Aberdeen. The industrial unit, which is part of a seven-unit fa