A pair of security guards who found a huge bag of money left behind by robbers targeting their workplace pocketed the cash and went on a spending spree – before having it conned from them by fake police officers. The bizarre chain of events began with the robbery of Quest Financial Services in
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Capital Credit Union (CCU) has just recorded its highest ever month of lending in its 35-year history. The Edinburgh-based ethical lender issued almost £1.1 million of loans in February, an increase of 36% on the same month last year.
Scottish agricultural organisation NFU Scotland has teamed up with Anglo Scottish Asset Finance, a County Durham-based business finance broker, to establish NFU Scotland Finance.
Gilson Gray has enhanced its presence in Edinburgh through the acquisition of MHD Law, marking its second takeover deal in 2024. MHD has a 100-year history and, over that time, has established a strong local reputation for delivering legal services across property, estate agency and conveyancing, pr
A new analysis by the Scottish Retail Consortium (SRC) has found a Scotland-only business rate surtax being considered by Scottish Ministers would leave larger grocery stores here facing by far the highest business rate bills in the UK. It follows the announcement on Thursday when Northern Ireland b
Blair Nimmo, the chief executive of Interpath Advisory, the restructuring business acquired by HIG Capital for £400 million from KPMG UK in 2021, is set to leave the company this spring. Interpath, facing widening losses, reported a group loss of £10.6m for the 12 months ending March 202
Sallyport Commercial Finance is poised for significant growth in 2024, capping off a successful first year with £4.4 million in funding across key UK industries. The company has doubled its team since inception and expects to increase its team by a further 50% this year. It plans to open a new
Kettle Produce, a vegetable producer headquartered near Cupar, has disclosed a pre-tax loss of £1.89 million for the year ended 27 May 2023.
Stewart Milne Group left creditors in the lurch with debts to the tune of a nine-figure sum at the time of its collapse, according to new documents filed at Companies House by administrators.
Glasgow-headquartered business advisory firm Craig Corporate has promoted Ross McAdam to the position of director. Mr McAdam, who has been part of the Craig Corporate team since 2019, will continue to lead the firm’s service provision. Recently, he was engaged as the interim CFO for a post-ser
Aberdeenshire-based Acumen Accountants has expanded its reach with a key merger south of the border. As a result, the growing company has bolstered its management team with the appointment of Andrew Wilson as a new director.
Michael Reid, a licensed insolvency practitioner and managing partner of accountancy firm MHA, discusses the implications of liquidation. The ongoing impact of interest rates at a level higher than we have been used to for many years, coupled with sluggish demand due to the cost-of-living crisis, me
A Dundee-based letting agent has been caught embezzling over £40,000 from her employer BS Properties Ltd. Amber Milne, 42, who worked as a letting agent for the company managing a portfolio of 150 properties, allegedly pocketed sums in the tens of thousands on several occasions between October
Alliance Trust PLC has declared a fourth interim dividend of 6.34p per share, marking the Dundee-headquartered fund manager's 57th consecutive annual increase. The increase is up 5.7% on the equivalent dividend of 6.00p paid in the same period in the last financial year. This brings the total divide
The Edinburgh International Conference Centre (EICC) has achieved a record profit of £2.6 million on revenue of £12.8m for the year ended 31 December. This result is up from profits of £699,000 profit and revenues of £11.8m in 2022.
