Two billionaires are apparently fighting after one accused the other of stealing mounds of sand from a public beach for his own private construction project.
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Prosafe Offshore Ltd, a provider of semi-submersible accommodation vessels, has relocated its Aberdeen operations to Kingshill Park in Westhill. The Norwegian company, listed on the Oslo Stock Exchange, has signed a 5-year lease with Knight Property Group for a 4,280 sq ft office suite in Pavil
Private equity firms are considering making a bid to acquire Grant Thornton UK, the sixth-largest accounting firm in the UK, with potential bids valuing the firm at around £1.5 billion. A formal sale process could kick off as early as next month.
Business succession expert Mike Kane discusses the advantages of selling a business when there is no immediate need to do so, exploring various exit strategies, and how owners can avoid pressure during negotiations. "I'm thinking of selling my business when I reach retirement age – can you hel
The challenges faced by small and medium-sized home builders and the need for urgent regulatory reform to get this crucial part of the Scottish housing market growing again are being spotlighted this week with a range of activities including a special roundtable session with the ministers for housin
A proposed £2.5 billion merger between UK housebuilders Barratt Developments and Redrow looks set to go ahead despite concerns from the competition regulator.
Whilst being self-employed comes with a range of benefits, there are some things that can slip down the agenda in between managing a business, tax returns and work-life balance. Thinking about retirement and saving into a pension is often one of them – but it doesn’t pay to put it off, w
ESPC has conducted a study into the property market across Edinburgh, the Lothians, Fife and the Borders, to uncover the locations that buyers move from, and where they most frequently move to. The report looks back at the property market from January 2019 to July 2024, considering where buyers are
The number of overdue invoices in Scotland has reached its highest level this year, according to R3. R3, the UK’s insolvency and restructuring trade body, analysed data provided by Creditsafe revealing that businesses in Scotland had 538,172 unpaid invoices on their books last month – th
In a sign of the strong potential of the UK economy, 468,000 new firms have started up in the first half of 2024, according to the New Startup Index, published by Beauhurst and supported by Royal Bank of Scotland (RBS).
While we continue to adapt to the unfamiliarity of a Labour government, businesses across Scotland are already analysing what that might mean for their sector, writes Mark Brown. Full details are yet to emerge of the party’s intentions, however, business leaders are keeping a close eye on emer
Edinburgh-based B2B software as a service (SaaS) learning and training management software provider Administrate Limited has completed a £3.05 million funding round. A £1m investment was provided by the Investment Fund for Scotland (IFS), Equity Finance, managed by Maven Capital Partners
Company insolvencies in Scotland rose in July 2024, reaching 117 cases, a 21% year-on-year increase, however, the overall insolvency rate for the past 12 months has slightly decreased. July's company insolvencies were comprised of 76 CVLs, 33 compulsory liquidations and eight administrations.
The first £1 coin featuring King Charles III has entered circulation.
The number of people expected to pay dividend tax in the 2024/25 tax year has almost doubled since 2021/22, a Freedom of Information request from AJ Bell has revealed. Just under £18 billion is set to line Treasury coffers for this tax year alone, with nearly 3.6 million taxpayers subject to t