The New Year's Eve celebration in Edinburgh featuring a torchlight procession and street party is Hogmanay.
Hogmanay is the Scottish celebration of the final day of the year and the arrival of the new year. Edinburgh's modern festival has included a torchlight procession, concerts, a large street party, and a midnight fireworks display. The exact program can vary from year to year, but the name refers to the broader Scottish tradition as well as the Edinburgh event.
Scottish customs associated with Hogmanay include “first-footing,” in which the first person to enter a home after midnight brings symbolic gifts such as coal, shortbread, or whisky. Singing “Auld Lang Syne” is also strongly associated with the celebration.
Hogmanay is sometimes treated as simply the Scottish word for New Year's Eve, but it also describes a distinctive set of customs and public festivities. It is not the same event as Burns Night, which honors poet Robert Burns in January.