The joint administrators of Dumbarton Football Club Limited have confirmed that they have agreed heads of terms with Gareth Phillips on a proposal that would see the club exit administration solvently and with all creditors paid in full.
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Alistair McAlinden and James Dewar from Interpath have been appointed joint provisional liquidators of St Giles Shopping Centre Holdings Ltd on 8 April 2025. The company was the operator of the St Giles Centre in Elgin, which is owned separately by a company which is not subject to insolvency.
Cleartech Group has acquired Wigan-based ECB (Water Solutions) Limited, advised by Consilium Chartered Accountants who provided lead advisory and tax due diligence services. The deal – Cleartech’s first acquisition outside of Scotland – significantly strengthens their geographical
Marking a period of significant growth, Aberdeen-based accountancy firm Hall Morrice celebrates a record £6 million turnover and the promotion of Louise Smith and Jack Borg-Delaney to partner. This marks substantial revenue growth of 65% for the independent business over the last three years.
Investment in Scottish commercial property totalled more than £300 million in the first quarter of 2025, marking a subdued beginning to the year, according to Knight Frank. The commercial property consultancy’s analysis of real capital analytics (RCA) data found that there were £31
Phil Anderson Financial Services has appointed experienced financial adviser Margaret O’Brien to support its expansion into the Edinburgh market. Based in South Queensferry, Ms O’Brien brings expertise in financial planning, pensions, and investment advice. She previously worked at M&
Glasgow-based financial planning firm Murphy Wealth has secured a significant investment from European wealth management giant Söderberg & Partners, marking the latter's first partnership in Scotland. The deal, which sees Söderberg & Partners take a minority 30% stake in Murphy Wea
MHA’s Michael Reid has been appointed liquidator for Aberdeen-based Belmar Engineering as the firm ceased trading, resulting in the immediate loss of all 48 jobs. Staff were informed of the situation at a meeting yesterday (Tuesday). A letter was also sent to all known creditors – around
Fife-based employee-owned Scott and Fyfe has reported another year of robust financial results, demonstrating resilience despite ongoing geopolitical tensions and increased operational costs. The textiles specialist, established in 1864, designs and manufactures advanced technical textiles for indus
UK inflation fell to 2.6% in March, dropping from 2.8% in February and below City forecasts of 2.7%, intensifying pressure on the Bank of England to consider cutting interest rates at its meeting next month. The Office for National Statistics attributed the lower rate primarily to falling fuel
PDG Aviation Services (PDG), an Inverness-headquartered provider of manned aerial solutions for critical infrastructure, has acquired drone specialist Team UAV. Backed by LDC, PDG supports sectors including power, utilities, and rail with aerial surveys, inspections, and lifting.
A joint venture between Buccleuch Property and Sir Robert McAlpine Capital Ventures has completed the acquisition of 101 Centre Street, Glasgow. The latest investment by the 50/50 JV shows the commitment of both companies to being part of the continued growth and regeneration of Glasgow’s vibr
Barratt Redrow has today reported a 10.1% year-on-year decline in forward sales as of March 30, 2025, with 10,245 homes on order compared to 11,402 the previous year. Despite this drop, the UK's largest housebuilder reaffirmed its annual target to build between 16,800 and 17,200 homes.
A local Ayr bakery is on the rise after securing a listing with a national supermarket chain following support from Business Gateway. Led by director Rachel Munro, The Rebel Baker specialises in creating allergen-free products that meet the needs of sweet-toothed individuals with food sensitivities.
Accountancy firm Grant Thornton UK increased the average profit per partner by 6% to £682,000, as it reported strong financial performance for the year ending 31 December 2024. Net revenue climbed to £724 million, up from £654m the previous year, marking double-digit growth. Howeve