News

The Bank of England (BoE) has been asked to find out who is in possession of £50 billion of missing sterling banknotes. The number of notes in circulation reached a record high of 4.4bn in July this year with a face value of £76.5bn. Of that amount, the BoE estimates that as much as 24%

Scotland has enjoyed a boom in the property market since the lockdown began in March according to property firm Apropos by DJ Alexander. The UK-wide letting firm, has analysed official data and found that average house prices in Scotland have risen by 6.8% between March and September (the latest mon

Edinburgh-based bottling and spirits business Young Spirits has launched its first single cask whisky, Uhuru, which is Swahili for freedom. They have partnered with leading conservation charity, Tusk, to support their efforts to protect African wildlife including African elephants, with 10% of

Shopper footfall in Scotland plunged last month decreasing by 39.7% year on year in November, according to the latest data from the Scottish Retail Consortium (SRC).

The UK new car market again saw a decline last month as registrations in November fell -27.4% year-on-year, or 42,840 units, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT).

A mayor who flew off on holiday by private jet urged residents to stay at home – in a video recorded from a beach resort.

Johnston Carmichael has appointed three new office heads to lead its teams in Aberdeen, Inverness and Forfar. As part of the firm’s long term succession plan, audit partner David Wilson will lead the Aberdeen office, business advisory partner Rosalind Catto heads up the firm’s Inverness

Anderson Anderson & Brown (AAB) has announced that John Black will retire as partner at the end of December. Mr Black has spent over 25 years at AAB, including leading the audit division for over seven years. As well as advising on audit, assurance and financial reporting matters, he also a

Engineering firm BiFab has gone into administration after failing to secure any new contracts.

Montoux, the Edinburgh-based decision science platform for life and health insurersb has announced its partnership with PwC UK. By combining Montoux’s transformational decision science platform with PwC’s advisory expertise in developing better products and processes and managing change,

Murdoch MacLennan, head of brewing and distilling with Azets, toasts the enduring success of Scotland’s Whisky industry. I am of course biased, however, despite the gloom of the T, B and the C words (Tariffs, Brexit and COVID), Scotland’s buoyant spirits sector has continued to attract s

The new Scottish National Investment Bank (SNIB) has been set three core missions to ensure it addresses the “grand challenges” facing Scotland. The missions have been confirmed to the Bank after being approved by MSPs.

Scottish Enterprise (SE) has announced plans to approve large grant funding of up to £0.5 billion for up to 160 new company projects before the end of the financial year.

Edinburgh-based financial services company Nucleus Financial Group has confirmed that it has received a number of offers to buy the company. Nucleus said it has received separate proposals from Integrafin Holdings plc and Epiris LLP in conjunction with its associate James Hay Partners

Eco Communications Limited, which operates across the UK from bases in Scotland and Cumbria, has announced the signing of an agreement to purchase Integrity Office Limited, the Carlisle-based IT solutions provider. The financial terms of the transaction between the two businesses are not being discl