Search: financial focus

Stuart Robb, of Robb Advisory, has been appointed liquidator of Glasgow pastry specialist, China Court Bakery. The business officially entered a voluntary liquidation process following a formal resolution to wind up the business. According to recent filings at Companies House, the firm has transitio

Care home provider Meallmore has increased the banking facility with HSBC UK to £90 million to support the next phase of its strategic growth and ongoing investment in high‑quality care environments across the country.

Deloitte has revealed plans for the creation of a unified Europe, Middle East, and Africa (EMEA) firm following a successful partner vote. Scheduled to launch in June 2026, this regional powerhouse will consolidate 16 participating firms across more than 80 countries. While individual firms will mai

Chivas Brothers, the Pernod Ricard business dedicated to Scotch whisky, has posted total net sales of -5% for the first six months of the financial year to the end of December 2025. The business’ geographic scale and diverse portfolio have supported overall performance against a backdrop of a

A Glasgow-based road haulage firm, Specialist Haulage Hire, has entered compulsory liquidation following a petition from HM Revenue and Customs (HMRC). The legal action, presented to Glasgow Sheriff Court by the Advocate General for Scotland, resulted in the Sandyford Place company being wound up du

UK bank executives are set to convene this Thursday for their first meeting to establish a domestic alternative to Visa and Mastercard. Chaired by Barclays UK chief executive Vim Maru, the group of City funders aims to develop a sovereign payment infrastructure to safeguard the UK economy against po

Scottish entrepreneur Calum White is celebrating the fifth anniversary of Dubai-based White & Co Real Estate with a record turnover of £63 million (c. 307 million UAE Dirhams) in 2025. The company has enjoyed five years of successive growth since being set up by the 32-year-old in January

A new report has confirmed that £2.38 million worth of “non‑operational” land has been sold in the past six months as efforts to unwind the collapsed Stewart Milne Group (SMG) continue. The latest update from administrators Teneo Financial Advisory shows that land parcels held by

Break the Silence, a national charity supporting sexual violence survivors, has appointed Nicola Buchanan as the new chair of its board of trustees, following the recent departure of Elaine Crichton. Ms Buchanan, a Chartered Accountant and member of the Institute of Chartered Accountants of Scotland

Gillespie Macandrew LLP has appointed Gavin Merchant as its new CEO, with effect from 1 March. Mr Merchant succeeds Robert Graham-Campbell, who retires after eight years in the role. Having studied law at the University of Edinburgh and subsequently qualified as a Chartered Accountant, Mr Merchant b

Ross Webb looks at the rising trend of Scottish business failures, discussing the underlying factors that influence modern restructuring. Insolvencies in Scotland are running at a 10-year high, with recently released data from the Accountant in Bankruptcy (AIB) revealing that 1,272 businesses north

Richard Gardiner of Thomson Cooper has been appointed as the liquidator of G4 Claims Limited. His appointment comes following a court order issued at Hamilton Sheriff Court on 3 December 2025. The winding-up process was initiated after a petition was presented by HMRC, with the court finding that th

Macau’s Grand Emperor Hotel has dismantled its signature "golden pathway", selling the 79kg of bullion that once lined its lobby floor for approximately $12.8 million (c. £9.6m).

NatWest Group has agreed to acquire wealth manager Evelyn Partners from funds advised by Permira and Warburg Pincus for an enterprise value of £2.7 billion. By integrating Evelyn Partners’ £69bn in assets under management with NatWest’s existing portfolio, the combined entity

Residential mortgage lender Gen H has expanded to Scotland. Data from the Bank of Scotland indicates that the average first-time buyer property now costs approximately £194,000, while the average income remains around £30,504. This creates a price-to-income ratio of 6.4x, rising to 7.5x