News

It has been confirmed that Standard Life Private Equity Trust (SLPE), a fund managed by abrdn, will be promoted to the FTSE 250 (from the FTSE UK Small Cap index) following the quarterly review of the LSE’s FTSE UK Index Series. The change will be applied after the close of business on Friday

Glasgow-based Esteem Training Limited, a construction management training company, has transitioned into an employee-owned enterprise. With immediate effect, shares in Esteem Training Limited, previously owned by founder and director Trudy Mackenzie and fellow directors Ian Grigg and Martina Hö

Scotgold Resources, the gold exploration and production company focused on Scotland, has appointed industry veterans Sean Duffy and Evan Spencer to its board. Sean Duffy joins as chief financial offer, while Evan Spencer will take up the role of non-executive director and chairman of the technical c

Nigel Morrison, Stuart Preston and Philip Stephenson, all partners of Grant Thornton, have been appointed as joint administrators of Roadbridge UK.

Scottish retail sales remain behind pre-Covid-19 levels, according to the latest figures from the Scottish Retail Consortium (SRC) & KPMG Scottish Retail Sales Monitor.

HSBC UK has revealed that it will close 69 branches across the UK, including two in Scotland. The two Scottish branches set to close are in Perth on 26 July, and in Inverness on 27 September.

Scottish cities are emerging from the pandemic with renewed priorities, largely focused on fairness, the environment and an improved work-life balance, according to this year’s The Demos-PwC Good Growth for Cities Index.

Plans for a new quayside manufacturing facility have been unveiled at Montrose Port. Aberdeen-based Balmoral Comtec has agreed to invest a seven-figure sum to create an advanced composites manufacturing facility on the quayside at Montrose Port where large scale components for the offshore energy se

A motorist who led police on a 35-mile chase was found to be carrying a toy driving license from Legoland.

Edinburgh-based hospitality technology provider Criton has been acquired by Nonius, the global hospitality technology solutions vendor, for an undisclosed sum. The merger of Criton with GuestU, Nonius’s mobile solution, will create an offering in the hospitality sector allowing the merged comp

With the Finance Bill 2021/22 receiving Royal Assent last month, it is all systems go for Basis Period Reform for unincorporated trading businesses from tax year 2024/25. Chartered accountants Wylie & Bisset is stressing the importance in planning for this and, more importantly, the impact of th

Scottish average property prices increased by nearly 10% in 2021, led by rises in the cost of larger homes, according to an analysis of the latest data by property firm DJ Alexander Ltd. DJ Alexander Ltd said that between January 2021 and December 2021 average property prices in Scotland rose by 9.5

A Gourock-based gin brand, inspired by the heritage and craftsmanship of historical Clydeside shipbuilding, is gearing up for overseas trade following a successful launch that saw more than 1,000 bottles snapped up in its first few weeks. Andy Samuel, the founder of Shipyard Gin, is now in talks wit

December 2021 card spending data from UK Finance has revealed that the average amount spent per contactless card transaction rose by almost 30% following the contactless spending limit increasing from £45 to £100 in October last year. In September, prior to the contactless limit increase

As part of its support for the Scottish Government Fair Work First agenda, Highlands and Islands Enterprise (HIE) is introducing new conditions attached to future funding awards. From 1 April, all organisations across the region who are applying for HIE funding will be expected to comply with the Fa