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Scottish accountancy firm Johnston Carmichael has reported its most successful year for its corporate finance division, surpassing £600 million worth of deals. The team, led by partner and head of corporate finance Graham Alexander, successfully executed 43 deals, with a total value of &p

With a recent survey by the Scottish Hospitality Group finding that more than two thirds of operators in Glasgow have seen footfall drop, and some 63% blaming the introduction of the Low Emission Zone (LEZ) and poor public transport, Wylie & Bisset, Accountants and Business Advisers, is urging b

Giving written evidence to the UK Parliamentary Treasury Committee inquiry into SME finance, ACCA set out a gloomy picture of SMEs struggling to access finance. Drawing on its Global Economic Conditions Survey (GECS), ACCA says that the proportion of SMEs having problems accessing finance remains be

Macfarlane Group PLC has reported a pretax profit of £10 million, up 13% from last year, in its financial results in the first half of 2023. Revenue at the firm saw a modest rise of 2%, standing at £141.6m compared to the previous year's £139.2m, and the company's operating profit

Accounting and financial advisory firm Armstrong Watson has made a number of key promotions and appointments in its Glasgow office. Martin Johnston has been promoted to audit and assurance partner, and the firm has also appointed employment tax partner Brian Rudkin, and Stewart Crockett, who has tak

Fuelled by the AI boom, Nvidia is experiencing a staggering estimated profit of 1,000% on the sale of each H100 GPU, with a street-price between $25,000 and $30,000 (around £19,600 to £23,500).

Scottish property firm SRE Group, formerly known as Standard Real Estate Ltd, has confirmed two fresh lettings at 10 Bothwell Street in Glasgow's city centre. Crondall Energy Consultants, an independent consultancy for offshore energy projects, and DA Calder, an independent financial adviser of

Consilium Chartered Accountants has acted for the shareholders of JWF Process Solutions as Nevis Capital acquired a significant stake in the Glasgow-based specialist engineering firm. JWF – specialists in measurement and instrumentation products and services for the oil and gas, petrochemical,

Michael Reid, of Meston Reid & Co, has been appointed liquidator of Huntly and District Ex-Servicemen’s Club - a once-thriving historic social club. Huntly and District Ex-Servicemen’s Club closed its doors at the end of March this year. The venue had been in operation since it was r

HM Revenue and Customs (HMRC) has paid out over £500,000 to whistleblowers who exposed tax fraud in the last fiscal year – an incremental increase from £495,000 the preceding year, but a significant 75% more than the £290,000 disbursed five years prior, according to law firm

Big four firm EY has informed its UK staff of imminent reduced pay rises and smaller bonuses for this year, amidst slowing demand for consulting services.

Turnover at Gillespie Macandrew has reached £16.8 million, representing an increase of 11% on the previous year. The firm's financial results for the year ending 28 February 2023 indicate that it has achieved double digit income growth for the second consecutive year.

Manju Malhotra, chief executive officer of luxury retailer Harvey Nichols, has stepped down from her position. The decision comes after Ms Malhotra clashed with the brand's Chinese owner, Sir Dickson Poon, over growth strategies, the Retail Gazette reports.

A significant drop in the number of interest-only (750,000) and part-interest-only (245,000) mortgages has been recorded by the Financial Conduct Authority (FCA).

Gin and whisky distillery Eden Mill has appointed Rennie Donaldson as its new chief executive officer following the departure of its co-founder and managing director Paul Miller. The announcement comes under the leadership of its chair, Stella Morse.