Independent quarry business Hillhouse Group has appointed Alistair Borthwick as the organisation’s new chief executive officer. Alistair Borthwick will join the family-run business from global air-traffic control organisation NATS, where he served as chief financial officer, bringing extensive
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Bayne’s the Family Bakers recorded a profit before tax of £3.4 million for the year ended 31 March 2025, maintaining financial stability despite significant inflationary pressures. This steady performance underpins a newly announced strategic roadmap, which will see the company invest &p
Just four of the 42 clubs (9.5%) in Scotland’s top four leagues are showing signs of financial distress, down by 20% year on year, while in the EFL only three of the 72 clubs (4.2%) show signs of distress, half the number 12 months earlier, Begbies Traynor has revealed. Data from the Football
The Edinburgh Boiler Company (EBC) is set to embark on an aggressive expansion phase, aiming to double its turnover to £20 million over the next 12 months. This ambitious target follows a record-breaking year for the firm, which is on track to post a £10m turnover, driven largely by a su
Johnston Carmichael has strengthened its leadership team with four senior promotions in Glasgow. Two new partners and two new directors will now be based in the Glasgow office, with a further four directors promoted across the firm’s wider network.
Richard Hughes, chair of the Office for Budget Responsibility (OBR), has taken the "unusual step" of publishing the evolution of the watchdog’s economic forecasts, confirming that Chancellor Rachel Reeves knew she had met her financial targets days before warning the public of a dire economic
On the eve of the Budget, pensions have emerged as the leading concern among Scots, according to analysis by wealth and asset manager Rathbones. The survey, which polled more than 3,000 UK adults found that 47% of Scots identified pensions as their top Budget issue. This was the highest of any categ
The Robertson Trust has awarded Money Advice Scotland £30,000 per annum for three years to develop the core of its work and create a more financially resilient Scotland. As the national umbrella organisation for the free money and debt advice sector, Money Advice Scotland represents advisers,
Wood Group's chief executive, Ken Gilmartin, is set to step down following a shareholder vote on Sidara's £206 million acquisition of the Aberdeen-based engineering firm. He will be succeeded by the current interim chief financial officer, Iain Torrens.
Dains Accountants has promoted two of its Ayrshire-based staff to director and associate director. Based in Ayrshire and supporting owner-managed and growing SMEs across Scotland, Lorna Logan, who was promoted to director, is ACCA-qualified and works within the firm's accounts & advisory team an
Walker’s Shortbread has posted a 22% jump in pre-tax profits to £18 million, a £3.3m increase from £14.8m the previous year. In in its full year financial results for the year ended 31 December, 2024, the Aberlour-based business' sales, for the first time, reported top-line s
The Cumberland Building Society has joined Scotland Food & Drink to strengthen its commitment to supporting the country’s food industry and hospitality sectors.
Tweed Wealth Management has acquired the personal finance consultancy The James Boyd Practice. The deal marks a significant step in the firm's expansion strategy, which has seen the firm merge with five businesses over the past seven years, and brings its total assets under management closer to the
TLT has expanded its office at Cadworks in Glasgow, marking another milestone in a year of growth. Designed from scratch to support TLT's flexible approach to working, TLT World, the enhanced office offers 60 additional desks, more meeting rooms and new areas that "foster innovation, connection and
Tweed Wealth Management’s has opened a new office in London in response to growing demand for its tailored services for athletes. The expansion of firm's sports division, Tweed Sports, marks a significant milestone in the firm’s ambition to support more sports professionals with the fina
