News

Scotch whisky giant Diageo has reported net sales of £8 billion, an increase of 15.8%, across all UK regions in the second half of 2021. Organic net sales grew 20.0%, which the firm said was driven by strong double-digit growth across all regions, supported by effective marketin

Real estate advisor CBRE has announced it has secured a new office in Glasgow for Eaton Corporation, a power management solutions firm.

Growth capital investor BGF has reported continued strong momentum over the last 12 months, investing close to £60 million within the Scottish growth economy. BGF is a long-term investor, making initial investments between £1m to £15m for a minority equity stake.

Callum Carmichael and Michelle Elliot, partners with FRP Advisory, have sold the business, assets and goodwill of Edinburgh-based internet retailer Flowercard International Limited to Flowers in Cards Limited, a new venture formed to acquire the business. Flowers in Cards Ltd plans to invest in and

Standard Life Private Equity Trust, a fund managed by abrdn, has posted a Net Value Asset (NAV) total return of 37.9% for the eyar ended 30 Deptember 2021, compared to 11.7% in 2020. This figure compares to 27.9% for the FTSE All-Share Index.

Scottish corporate insolvencies in the final three months of last year were 77% higher than in the final quarter of 2020, according to the latest figures published by the Accountant in Bankruptcy.

Chartered accountant Wylie & Bisset is advising hospitality sector operators to raise their prices in response to rising inflation and operating costs. While welcoming the easing of Covid-19 restrictions, Catherine Livingstone, partner and head of the business advisory services team at Wylie &am

Reskilling staff can create cost savings of up to £49,100 per employee compared to recruiting or making a role redundant, according to a report published today by the Financial Services Skills Commission (FSSC) and PwC UK.

Social Investment Scotland (SIS) has provided Shawlands-based Flair Gymnastics with a £112,000 funding package to refurbish the premises. The club secured £112,000 from SIS, comprising a £60,000 loan to revamp the gym equipment and £52,000 in grant funding through the Adapt a

Aberdein Considine has appointed Darren Polson as head of mortgage operations. Mr Polson brings almost 20 years’ experience in financial services and has joined the firm from Mortgage Advice Bureau where he was head of training and performance in Scotland. He will work alongside Greig Brown wh

North-east environmental technology firm, Recycl8, is expanding its team to drive continued growth and enter the global renewable energy market. With multibillion-pound offshore windfarm projects recently being awarded development rights around the coast of Scotland, this vital industry is set for a

The Beatles and John Lennon memorabilia are set to be sold as a non-fungible token (NFT) by John Lennon's eldest son, Julian.

Almost 90% of global financial services investors are planning to establish or expand operations in the UK in 2022, according to EY’s latest UK attractiveness survey, representing the highest level of confidence since EY started attractiveness analysis. Sentiment around planned investment into

Firms using company or insolvency law to manage their liabilities have been warned they could face assertive action by the Financial Conduct Authority (FCA) if their proposals unfairly benefit them at the expense of their customers. The FCA has seen an increase in the number of firms developing prop

Office market activity in Edinburgh has returned to pre-pandemic levels, according to the latest figures published by real estate advisor CBRE.