News

The Cumberland Building Society has announced a six‐figure investment to support a luxury hotel rebrand and refurbishment project in Oban. The Cumberland has financed more than 60% of the acquisition of the hotel in the seaside town of Oban.

An upturn of confidence following the gradual easing of Covid restrictions is fuelling an increase in investor confidence and sparked a record year for the Scottish Corporate Finance team at Grant Thornton. Over the last calendar year, the team completed 13 deals across the country, totalling £

Annual house price growth increased to 11.2% in January, from 10.4% in December, according to the latest Nationwide UK House Price Index.

Glasgow-based Talking Medicines, the world’s first Artificial Intelligence (AI) driven patient intelligence company designed to meet the needs of pharma, has closed a £1.5 million funding round to support its ambitions for expansion into the US. Boston based life science investor Mark Ba

Digital Xtra Fund, a Scottish charity that is backed by both the public and corporate sectors, has invited applications for initiatives to drive digital skills for young people across Scotland in 2022/23.

PwC is set to recruit more than 100 people into its growing financial services practice as Scotland’s business community adjusts from the disruption of the Covid-19 pandemic and looks towards a sustainable and inclusive future. Representing a 10% uplift in PwC’s total headcount across Sc

The Competitions and Markets Authority (CMA) has written to digital bank Monzo about a breach of the Retail Banking Market Investigation Order 2017 in relation to the bank's monthly maximum charge. This requires banks and building societies to specify, for each Personal Current Account (PCA) product

West Sussex-based wealth management business Benchmark Capital and Edinburgh-based financial services training provider Redmill Advance have launched of the Benchmark Academy - a dedicated resource that will help build successful careers in financial planning across a range of roles, but with a

UK holiday specialist Caledonian Leisure Ltd is targeting further growth in 2022 as it looks to build on a successful first year.

At its AGM on Monday 31 January 2022, Glasgow Chamber of Commerce elected Gillian Docherty, chief commercial officer of The University of Strathclyde, as its new president for a two-year term. Ms Docherty succeeds Paul Little, principal and CEO of City of Glasgow College who steps down following the

Shepherd Commercial Auctions has been appointed to market for sale by auction a range of public sector properties on behalf of the Scottish Government. The contract, which will encompass a broad range of public bodies, is for an initial two-year period with an option to extend.

Ownership of Kidzcare, an Edinburgh childcare company, has been handed over to its 150 dedicated staff in what is believed to be a sector first in Scotland. Kidzcare has announced its transition to employee ownership with 100% of the company shares now placed into an Employee Ownership Trust (EOT) b

Loganair, the UK’s largest regional airline, has today marked its 60th anniversary – a major milestone for the longest-serving name in the UK airline industry.

A scheme to allegedly smuggle thousands of coconuts filled with liquid cocaine into Europe has been foiled by Colombian authorities.

KPMG UK has posted growth of 10% in 2021, with revenue rising from £2.14 billion to £2.35bn. For the year ended 30 September 2021, KPMG's profit before tax increased from £288 million to £436m.