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BREAKING
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Business

Gross value added (GVA) is expected to increase by 1.6 per cent over the course of 2024, helped by a 2.3 per cent increase in consumer spending, as employment and real wages recover.

Scottish economy to return to growth in 2024 as consumer spending rebounds

A visualisation of the Barnton development. The homes are due to launch for sale in summer 2023 and the first phase of completion is expected in early 2024.
A visualisation of the Barnton development. The homes are due to launch for sale in summer 2023 and the first phase of completion is expected in early 2024.

Affluent Edinburgh suburb set for dozens of 'age exclusive' luxury homes

Artisanal Spirits Company owns the Scotch Malt Whisky Society (SMWS), which was established in 1983, and has grown to encompass thousands of members worldwide.
Artisanal Spirits Company owns the Scotch Malt Whisky Society (SMWS), which was established in 1983, and has grown to encompass thousands of members worldwide.

Scotch Malt Whisky Society owner on track for £30m goal after strong results

The Post Office wrongly accused hundreds of branch managers of theft (Picture: Tolga Akmen/AFP via Getty Images)
The Post Office wrongly accused hundreds of branch managers of theft (Picture: Tolga Akmen/AFP via Getty Images)

Long wait for justice over Post Office scandal goes on – Martyn McLaughlin

Newly elected First Minister Humza Yousaf is congratulated by MSPs in the Scottish Parliament (Picture: Jeff J Mitchell/Getty Images)
Newly elected First Minister Humza Yousaf is congratulated by MSPs in the Scottish Parliament (Picture: Jeff J Mitchell/Getty Images)

Yousaf fails first test in assembling Cabinet and faces another over Slater

CodeClan boss Loral Quinn says: 'Sponsoring a student through [our] Youth Academy is a perfect opportunity for entrepreneurs, or businesses, to 'pay it forward'.' Picture: Stewart Attwood.
CodeClan boss Loral Quinn says: 'Sponsoring a student through [our] Youth Academy is a perfect opportunity for entrepreneurs, or businesses, to 'pay it forward'.' Picture: Stewart Attwood.

CodeClan calls for sponsors to help foster next generation of tech talent

Stuart and Adelle Brown have got the green light to build a new whisky distillery in Orkney , the first for nearly 140 years. Picture: Stewart Attwood
Stuart and Adelle Brown have got the green light to build a new whisky distillery in Orkney , the first for nearly 140 years. Picture: Stewart Attwood

Gold rush: Why Scotch whisky distilleries are popping up all over the country

The business has installed a key one-megawatt wind turbine, having secured planning permission last year. Picture: contributed.
The business has installed a key one-megawatt wind turbine, having secured planning permission last year. Picture: contributed.

Arbikie moves closer to being 'world’s first green-hydrogen-powered distillery'

Environmentalists and outdoors groups, including Ramblers Scotland, have raised concerns over plans to build an 18-hole golf course at Coul Links, warning that important natural features and wildlife could be lost or damaged and access to the spectacular area will be restricted to avoid interference with play
Environmentalists and outdoors groups, including Ramblers Scotland, have raised concerns over plans to build an 18-hole golf course at Coul Links, warning that important natural features and wildlife could be lost or damaged and access to the spectacular area will be restricted to avoid interference with play

‘Fake’ locals used to promote US billionaire's Highland golf resort plan

Linda Shiells (ops manager), Matt Hinton, David Sutherland, Hannah Cromwell, Claire Gillespie. Picture: Jeff Holmes
Linda Shiells (ops manager), Matt Hinton, David Sutherland, Hannah Cromwell, Claire Gillespie. Picture: Jeff Holmes

New division, new office and new hires for Glasgow recruitment specialist

'We are pleased to have delivered results in line with expectations for 2022,' says CEO Ken Gilmartin, whose appointment was announced in June. Picture: contributed.
'We are pleased to have delivered results in line with expectations for 2022,' says CEO Ken Gilmartin, whose appointment was announced in June. Picture: contributed.

Wood achieves 2022 results 'in line with expectations' in 'year of major change'

Jijay Shen, General Manager of Alibaba.com Europe
Jijay Shen, General Manager of Alibaba.com Europe

Ad Feature Digital export opportunity for Scottish producers of food and drink

Debra Crew will step up from her current position as chief operating officer and lead the firm from July 1. Picture: contributed.
Debra Crew will step up from her current position as chief operating officer and lead the firm from July 1. Picture: contributed.

Scotland's largest whisky-producer Diageo names first-ever female CEO

AG Barr chief executive Roger White: 'We are now in an investment phase.' Picture: Stewart Attwood
AG Barr chief executive Roger White: 'We are now in an investment phase.' Picture: Stewart Attwood

Irn-Bru maker AG Barr enjoys double-digit sales growth and signals end of era

Sam Bennett, operations director, The Translation People; and Olivia Andrew, project manager; Abbie Walters, project manager; Rhys Stevenson, senior project manager, Sure Languages.
Sam Bennett, operations director, The Translation People; and Olivia Andrew, project manager; Abbie Walters, project manager; Rhys Stevenson, senior project manager, Sure Languages.

Translation and language services firm expands with Edinburgh acquisition

Sir Richard Branson chatting to Curiosity Shop business founders. Picture: Professional Images UK.
Sir Richard Branson chatting to Curiosity Shop business founders. Picture: Professional Images UK.

Sir Richard Branson shares advice with founders of sustainable Scots firms

Timberyard in Edinburgh. The Michelin Guide says: The Scandic-influenced menu offers ‘bites’, ‘small’ and ‘large’ sizes, with some home-smoked ingredients and an emphasis on distinct, punchy flavours
Timberyard in Edinburgh. The Michelin Guide says: The Scandic-influenced menu offers ‘bites’, ‘small’ and ‘large’ sizes, with some home-smoked ingredients and an emphasis on distinct, punchy flavours

Two Edinburgh restaurants win first Michelin Stars

Made up of five women and five men, this is the list of the 10 richest celebrities in the world. (Photo by Larry Busacca/Getty Images for NARAS)
Made up of five women and five men, this is the list of the 10 richest celebrities in the world. (Photo by Larry Busacca/Getty Images for NARAS)

Here are the 10 richest celebrities in the world in 2023

Here are the top 10 richest DJs in the world in 2023. Cr: Getty Images
Here are the top 10 richest DJs in the world in 2023. Cr: Getty Images

Who is the richest musician in the world? 10 of the richest DJs in 2023

Scotgold Resources is behind the Cononish gold and silver mine near Tyndrum, which lies in the Loch Lomond and the Trossachs National Park.
Scotgold Resources is behind the Cononish gold and silver mine near Tyndrum, which lies in the Loch Lomond and the Trossachs National Park.

Scotgold Resources warns of immediate threat to firm after production blow

Rob Lang (Edinburgh Airport), Marshall Dallas (EICC) and Elaine Elder (National Museums of Scotland) from Convention Edinburgh's new advisory group. Picture: Stewart Attwood
Rob Lang (Edinburgh Airport), Marshall Dallas (EICC) and Elaine Elder (National Museums of Scotland) from Convention Edinburgh's new advisory group. Picture: Stewart Attwood

'Incredible collective of advisors' will help Edinburgh attract more events

Three gambling businesses owned by William Hill will pay a total of £19.2 million for “widespread and alarming” social responsibility and anti-money laundering failures, the Gambling Commission has announced.
Three gambling businesses owned by William Hill will pay a total of £19.2 million for “widespread and alarming” social responsibility and anti-money laundering failures, the Gambling Commission has announced.

William Hill Group businesses to pay record £19.2m for failures

This photo illustration taken on March 22, 2018 shows a woman looking at Social Networking applications Facebook, Instagram, Snapchat, Whatsapp, Twitter, Messenger and Linkedin on a smartphone in Kuala Lumpur. (Photo by Manan VATSYAYANA / AFP) (Photo by MANAN VATSYAYANA/AFP via Getty Images)
This photo illustration taken on March 22, 2018 shows a woman looking at Social Networking applications Facebook, Instagram, Snapchat, Whatsapp, Twitter, Messenger and Linkedin on a smartphone in Kuala Lumpur. (Photo by Manan VATSYAYANA / AFP) (Photo by MANAN VATSYAYANA/AFP via Getty Images)

Employees are the rocket fuel for social media investment

Key decisions when planning for your retirement should be made at an early stage
Key decisions when planning for your retirement should be made at an early stage

Ad Feature How to plan for your retirement - Acumen FP

Travelodge has been developing some of its hotels in partnership with local authorities.
Travelodge has been developing some of its hotels in partnership with local authorities.

Travelodge sees local council tie-ups as route to 300 more UK hotels

Auticon UK says its focus is 'recruiting and retaining talent based on identifying and playing to the strengths of the individual' - and good for businesses. Picture: Kent Smith/Hand Cranked Films Inc.
Auticon UK says its focus is 'recruiting and retaining talent based on identifying and playing to the strengths of the individual' - and good for businesses. Picture: Kent Smith/Hand Cranked Films Inc.

Autistic people 'face catalogue of barriers preventing entry to workforce'

The former 19th century school building in Abington, South Lanarkshire has been transformed to create a community hub.
The former 19th century school building in Abington, South Lanarkshire has been transformed to create a community hub.

South Lanarkshire village gains business hub and gym thanks to wind farm grant

Emma Davies is a member of W. L. Gore & Associates’ Product and Chemical Stewardship Team.
Emma Davies is a member of W. L. Gore & Associates’ Product and Chemical Stewardship Team.

Women working in STEM must speak up to encourage others - Emma Davies

Restaurant Andrew Fairlie
Restaurant Andrew Fairlie

What it’s like winning a Michelin star: Top Scottish chefs discuss the guide

Prime Minister Rishi Sunak and European Commission president Ursula von der Leyen during a press conference in Windsor. Picture: Dan Kitwood/PA Wire
Prime Minister Rishi Sunak and European Commission president Ursula von der Leyen during a press conference in Windsor. Picture: Dan Kitwood/PA Wire

UK economy 4% lower because of Brexit, says OBR chair

Irn-Bru maker AG Barr has backed the introduction of the deposit return scheme. Picture: John Devlin
Irn-Bru maker AG Barr has backed the introduction of the deposit return scheme. Picture: John Devlin

Irn-Bru maker urges next FM to make deposit return scheme 'top priority'

The Channel island of Jersey has long been criticised by financial transparency campaigners. Picture: Sebastien Salom-Gomis/AFP/Getty
The Channel island of Jersey has long been criticised by financial transparency campaigners. Picture: Sebastien Salom-Gomis/AFP/Getty

Revealed: Circularity Scotland CEO's ties to offshore tax haven firm

Ryanair is to increase its Edinburgh routes to 69 this summer. Picture: Neil Hanna
Ryanair is to increase its Edinburgh routes to 69 this summer. Picture: Neil Hanna

Future Flight: Ryanair to fly a record 90 summer routes from Scotland

John Lewis'' flagship store in the St James Quarter,  Edinburgh (Pic: Michael Gillen)
John Lewis'' flagship store in the St James Quarter,  Edinburgh (Pic: Michael Gillen)

John Lewis: Retail guru Mary Portas warns John Lewis it has ‘let go of its soul’

Sir Richard Branson and piper Louise Marshall mark the opening of the new Virgin Hotels Edinburgh development in the Old Town. Picture: Euan Cherry/PA Wire
Sir Richard Branson and piper Louise Marshall mark the opening of the new Virgin Hotels Edinburgh development in the Old Town. Picture: Euan Cherry/PA Wire

Richard Branson urges Edinburgh to build more hotels to keep city centre ‘alive’

The Edinburgh Seafood Festival is coming to the St James Quarter
The Edinburgh Seafood Festival is coming to the St James Quarter

Visitors to St James Quarter to witness top chefs at Edinburgh Seafood Festival

Superdrug has upsized at Braehead, just outside Glasgow.
Superdrug has upsized at Braehead, just outside Glasgow.

Superdrug opens largest ever Scottish store in major shopping centre

Hyatt Hotel Group's Hyatt Centric hotel is due to open its doors in Edinburgh in 2025
Hyatt Hotel Group's Hyatt Centric hotel is due to open its doors in Edinburgh in 2025

Hyatt Centric hotel will be game changer for EICC - Marshall Dallas

Pub giant JD Wetherspoon runs some 840 pubs across the UK and Ireland, including Dunfermline’s Guildhall & Linen Exchange. Picture: Scott Reid
Pub giant JD Wetherspoon runs some 840 pubs across the UK and Ireland, including Dunfermline’s Guildhall & Linen Exchange. Picture: Scott Reid

Wetherspoon cheers return to profit as chairman eyes easing of inflation

Across the UK retail sector, sales volumes rose by 1.2 per cent in February, a whole percentage point more than the 0.2 per cent analysts were expecting.
Across the UK retail sector, sales volumes rose by 1.2 per cent in February, a whole percentage point more than the 0.2 per cent analysts were expecting.

UK retail sales rebound but 'reality is laid bare' in breakdown of figures

'As the crisis continues, the situation is becoming increasingly perilous,' says Nucleus Commercial Finance boss Chirag Shah. Picture: contributed.
'As the crisis continues, the situation is becoming increasingly perilous,' says Nucleus Commercial Finance boss Chirag Shah. Picture: contributed.

Cost-of-living crisis 'proving more of burden than lockdowns for SMEs'

Ash Bairstow, operations director at Herringbone, said the latest venue, in the Abbeyhill area of Edinburgh, would be a 'great asset to the local community'.
Ash Bairstow, operations director at Herringbone, said the latest venue, in the Abbeyhill area of Edinburgh, would be a 'great asset to the local community'.

New bar and restaurant in shadow of Edinburgh’s Calton Hill to take on 20 staff

Neve Learning aims to help training providers and organisations manage and deliver learning in a more inclusive way. Picture: contributed.
Neve Learning aims to help training providers and organisations manage and deliver learning in a more inclusive way. Picture: contributed.

Glasgow agency seeks £1m for neurodiversity-friendly online learning platform

Professor Dame Anna Dominiczak, Chief Scientist (Health) for the Scottish Government and Regius Professor of Medicine at the University of Glasgow providing the keynote address.
Professor Dame Anna Dominiczak, Chief Scientist (Health) for the Scottish Government and Regius Professor of Medicine at the University of Glasgow providing the keynote address.

Scotland’s Life Sciences Awards winners revealed

The Bank of England faces a tricky balancing act, weighing up inflationary pressures, market volatility and recessionary concerns.
The Bank of England faces a tricky balancing act, weighing up inflationary pressures, market volatility and recessionary concerns.

Interest rates: Why the latest hike may not be an end to the pain

Outgoing First Minister Nicola Sturgeon and outgoing Deputy First Minister John Swinney (left) arrive for her last First Minster's Questions. Picture: Jane Barlow/PA Wire
Outgoing First Minister Nicola Sturgeon and outgoing Deputy First Minister John Swinney (left) arrive for her last First Minster's Questions. Picture: Jane Barlow/PA Wire

Swinney said he tried to leave Government years ago, but Sturgeon stopped him

Nicola Anderson, boss of FinTech Scotland, cheered the UK Government supporting the 'high-growth potential of fintech innovation in Glasgow. Picture: Lisa Ferguson.
Nicola Anderson, boss of FinTech Scotland, cheered the UK Government supporting the 'high-growth potential of fintech innovation in Glasgow. Picture: Lisa Ferguson.

Innovation in Scots fintech boosted as UK bankrolls pioneering Glasgow project

Sue Gilchrist, Legal Director and employment law specialist at Pinsent Masons
Sue Gilchrist, Legal Director and employment law specialist at Pinsent Masons

Harrassment Bill amendment protects appropriate workplace discussion - Sue Gilch...

After inflation hit a 41-year high in October, there must be better options out there
After inflation hit a 41-year high in October, there must be better options out there

Ad Feature Budget: why Scotch cask whisky offers an inflation-beating option

Tennent's, which is brewed at the Wellpark brewery in Glasgow, is Scotland's biggest selling lager brand. Picture: Andy Buchanan
Tennent's, which is brewed at the Wellpark brewery in Glasgow, is Scotland's biggest selling lager brand. Picture: Andy Buchanan

Tennent’s owner C&C 'pleased' with lager sales despite challenging backdrop

Who will win this year's Apprentice? Credit: BBC
Who will win this year's Apprentice? Credit: BBC

Here are the 10 most successful winners of The Apprentice

MD Nikola Kelly (centre) with, from left, other MBO team members Matt Druce, Freddie Kidd, Gareth Biggerstaff, Christina Hall, Caroline Ross, and Michael Phair. Picture: contributed.
MD Nikola Kelly (centre) with, from left, other MBO team members Matt Druce, Freddie Kidd, Gareth Biggerstaff, Christina Hall, Caroline Ross, and Michael Phair. Picture: contributed.

IT-focused recruiter Be-IT set for 'next chapter' after completing MBO

Orbital has been awarded an Option Agreement from Crown Estate Scotland regarding the project in the Westray Firth. Picture: contributed.
Orbital has been awarded an Option Agreement from Crown Estate Scotland regarding the project in the Westray Firth. Picture: contributed.

Orbital Marine Power gets key nod to create major new Orkney tidal project

A study has found a third of UK workers would quit their job
A study has found a third of UK workers would quit their job

Third of workers would quit job if right to work from home removed, study finds

The Bank of England is expected to increase interest rates for the 11th time in a row on Thursday after an unexpected resurgence in UK inflation.
The Bank of England is expected to increase interest rates for the 11th time in a row on Thursday after an unexpected resurgence in UK inflation.

Interest rates expected to rise after shock increase in inflation

Left to right: Malcolm Steel, Graeme McInally, Catherine Bell, Graeme Brown
Left to right: Malcolm Steel, Graeme McInally, Catherine Bell, Graeme Brown

Ad Feature Successful MBO promises new era for Edinburgh-based Mearns & Company

Food inflation has hit its highest level in 45 years.
Food inflation has hit its highest level in 45 years.

Inflation creep: The price shock facing consumers, businesses and BoE

The centre, which opened in 2007, has an annual footfall of more than 3.5 million. Picture: contributed.
The centre, which opened in 2007, has an annual footfall of more than 3.5 million. Picture: contributed.

Owner of Cumbernauld’s Antonine Shopping Centre tumbles into administration

Whoever takes over as Scotland's First Minister, Ash Regan, Humza Yousaf or Kate Forbes, must focus on the economy (Picture: Peter Devlin For Sky News via Getty Images)
Whoever takes over as Scotland's First Minister, Ash Regan, Humza Yousaf or Kate Forbes, must focus on the economy (Picture: Peter Devlin For Sky News via Getty Images)

Winner of SNP leadership contest must urgently focus on Scotland's economy

David Alexander
David Alexander

Cut property taxes or face the real risk of a shortfall in revenue - David Alexa...

UK inflation shot up unexpectedly last month as vegetable shortages pushed food prices to their highest rate in more than 45 years, according to official figures. (Photo by JUSTIN TALLIS/AFP via Getty Images)
UK inflation shot up unexpectedly last month as vegetable shortages pushed food prices to their highest rate in more than 45 years, according to official figures. (Photo by JUSTIN TALLIS/AFP via Getty Images)

What does high inflation mean? This is what happens when inflation rises

Baillie Gifford is an Edinburgh-based fund management group with some £227 billion under management and advice.
Baillie Gifford is an Edinburgh-based fund management group with some £227 billion under management and advice.

Baillie Gifford suffers fresh blow after shake-up at Scottish Mortgage

Jeavon Lolay, head of economics and market insight at Lloyds Bank Corporate & Institutional Banking, said February’s data underlined the economy’s 'relative robustness'.
Jeavon Lolay, head of economics and market insight at Lloyds Bank Corporate & Institutional Banking, said February’s data underlined the economy’s 'relative robustness'.

Number of business sectors in growth mode hits ten-month high

A deposit return scheme facility in Motherwell is set to create up to 140 jobs (Picture: Katielee Arrowsmith/SWNS)
A deposit return scheme facility in Motherwell is set to create up to 140 jobs (Picture: Katielee Arrowsmith/SWNS)

Anger at deposit return scheme salaries is damaging – Martyn McLaughlin

Fraser Geddes has been with Anderson Strathern for just for over 12 years. Picture: Chris Watt Photography
Fraser Geddes has been with Anderson Strathern for just for over 12 years. Picture: Chris Watt Photography

Anderson Strathern's new chairman sets out vision amid 'challenging' times

Now KPMG’s Edinburgh office senior partner, Ms Arnott says she hails from a 'very, very working class background' with money at home very tight. Picture: contributed.
Now KPMG’s Edinburgh office senior partner, Ms Arnott says she hails from a 'very, very working class background' with money at home very tight. Picture: contributed.

Interview: KPMG exec Arleen Arnott on her vision of a more diverse talent pool

Openreach said its engineers were building rapidly across the country, with plans in place that will see full fibre broadband reach more than 25 million premises.
Openreach said its engineers were building rapidly across the country, with plans in place that will see full fibre broadband reach more than 25 million premises.

Openreach hails 'significant milestone' with ten million full-fibre connections

Jayne Lasley, founder and owner of fashion business Fairlie Curved.
Jayne Lasley, founder and owner of fashion business Fairlie Curved.

Scots fashion designer behind clothing range for bigger-busted women goes global

The rise comes after three consecutive months of slowing, driven by dining out and food price rises.
The rise comes after three consecutive months of slowing, driven by dining out and food price rises.

Inflation rate in surprise jump to 10.4% in February

Online traders must weigh-up benefits of charging for returns

The Scottish Parliament building. Picture: Getty Images
The Scottish Parliament building. Picture: Getty Images

Strategy recommends 3.5% pay increase for public sector workers

From left: Gary McGrath, Masterton Bond operations manager and Artisanal Spirits Company boss Andrew Dane. Picture: Artisanal Spirits Company/Peter Sandground.
From left: Gary McGrath, Masterton Bond operations manager and Artisanal Spirits Company boss Andrew Dane. Picture: Artisanal Spirits Company/Peter Sandground.

Artisanal Spirits Company rolls out barrel for official launch of £2.5m facility

The Ineos petrochemicals complex at Grangemouth - one of the top greenhouse gas emitters in Scotland - was among 28 climate-polluting industrial sites analysed in the new Scottish Net Zero Road Map, produced by Neccus
The Ineos petrochemicals complex at Grangemouth - one of the top greenhouse gas emitters in Scotland - was among 28 climate-polluting industrial sites analysed in the new Scottish Net Zero Road Map, produced by Neccus

Turning Scotland’s top climate-polluters green

Much was made about Morton's being "saved" but what does it mean for employees?
Much was made about Morton's being "saved" but what does it mean for employees?

Paul Kissen: Morton's Rolls are back but what is actually left?

The potential for tidal energy in France is 'huge', says Nova. Picture: contributed.
The potential for tidal energy in France is 'huge', says Nova. Picture: contributed.

Tidal power firm Nova Innovation makes French debut, and eyes broader EU market

Guy Marsden is director of Highbridge Properties, who are developing the Magenta Business Park together with Clyde Gateway
Guy Marsden is director of Highbridge Properties, who are developing the Magenta Business Park together with Clyde Gateway

Setting the blueprint for green workplaces in the years to come - Guy Marsden

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