News

A Highland couple have announced plans to donate and ultimately bequeath their entire property portfolio to support efforts to tackle the region’s worsening housing shortage. Retired construction businessman Don Michie, 75, who lives in Onich near Fort William, has built up 14 rental propertie

iLivestock, the award-winning livestock management platform from Fife-based agri-tech company Duradiamond Software Ltd, is accelerating its commercial growth following a £750,000 loan from the British Business Bank’s Investment Fund for Scotland via appointed fund manager, The FSE Group.

Ithaca Energy, the North Sea oil and gas producer, has said it could approve development of the controversial Cambo oil field west of Shetland within months, buoyed by the sharp rise in crude prices following the outbreak of conflict involving Iran.

Moment Stays, part of Malyon Group, a boutique hospitality and property business, is targeting UK-wide expansion after securing £2 million in guest revenue since opening just over a year ago.  The high-quality aparthotel provider, which currently operates a portfolio of properties in Edin

The Bank of England has held interest rates at 3.75%, with all nine members of the Monetary Policy Committee (MPC) voting unanimously to keep borrowing costs on hold – a level of consensus not seen since the Covid pandemic. Kevin Brown, savings expert at Scottish Friendly, said: “The wor

Planning and development consultancy Lichfields has relocated its Edinburgh team to larger premises as the business continues to grow its presence in Scotland.

Work on Center Parcs’ new village in the Scottish Borders got officially underway yesterday when first minister John Swinney planted the first trees on the site. Mr Swinney was joined by schoolchildren from the Borders as well as Center Parcs’ CEO Colin McKinlay as afforestation began at

Loganair has made aviation history by becoming the first commercial airline in the UK to operate an all-electric aircraft across its network, marking a landmark moment for low-emission flight in Europe. The airline completed the milestone in partnership with BETA Technologies, an American electric a

Gross operating profits, occupancy and room rates of Scottish hotels rose in January, but there’s uncertainty ahead for the industry amid ongoing tensions in the Middle East, according to RSM UK. The data, which is compiled and produced by Hotstats and analysed by RSM UK, showed that while gro

Aberdeen-based OEG Energy Group has launched a new all-employee initiative to enable its staff the opportunity to build wealth at work. The ‘Shared Prosperity Plan’ gives employees a stake in the value they help to create as the group expands its integrated services across conventional a

New research from the University of St Andrews Business School has shown that national elections are linked to changes in financial system stability. Using data from banks across 22 advanced economies such as the United States, the United Kingdom, Japan, Germany, France, and Canada between 2000 and

FinTech Scotland has announced that Atos, a global AI-powered digital transformation firm, has joined the Scottish fintech cluster as a technology strategic partner, strengthening the cluster’s ability to drive collaborative innovation and growth.

Edinburgh-based healthtech company Bioliberty has raised £7.7 million over the past ten months to advance its AI-powered rehabilitation technology, with the most recent funding comprising a £6.2m Series A round led by a £3m commitment from the Scottish National Investment Bank. The

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.