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FRP Advisory, the administrators of Dawnfresh Seafoods, have secured the sale of Dawnfresh Farming to Mowi Scotland, a subsidiary of Bergen-based international seafood farming and processing business Mowi Asa. As a result of the deal, which is for an undisclosed sum, 67 jobs and seven fish farm

Tech and analytics consulting firm Optima Partners has announced it’s on course to double its headcount to over 100 in the next 12 months. The Edinburgh-headquartered firm secured a £2.3 million investment from capital investor BGF, and appointed new non-executive directors, Karen Thomas

The Wee House Group has appointed Richard Reid and Emma Robertson as (acting) chief executive officer and chief financial officer, respectively. Jennifer Higgins, current CEO of the group will take a step back at the end of this month when her maternity leave begins.

New research has revealed that almost one quarter of SME businesses are at risk of serious cash flow problems as they do not have basic cash flow projection processes in place. The findings were revealed by accountancy firm Azets following a financial resilience webinar attended by nearly 200 SME bu

Ellon-headquartered housebuilder Scotia Homes has reported a 16% increase in operating profit to £4.4 million with a pretax profit of £3.9m for the year ended 30th June 2022. Turnover reached £40m which was 21% ahead of the previous financial year as the business recovered from the

A significant settlement will see hundreds of thousands of pounds recovered by the Civil Recovery Unit from an East Lothian businessman linked to unpaid tax. Goljar Singh, 44, will relinquish £600,000 under proceeds of crime legislation following an agreement with the Civil Recovery Unit (CRU)

A majority of households would support an increase in the minimum level of auto-enrolment contributions by employees despite households’ perceptions of deteriorating future finances, according to the latest survey data from the Scottish Widows Future Finance Index.

Cluster management body FinTech Scotland has announced a new strategic partnership with Morgan Stanley, strengthening the growth of the financial technology innovation across Scotland and accelerating the sector’s global connectivity.

In 2023, mid-sized businesses in Scotland will prioritise investment in digital, digitalising services and driving new efficiencies through automation, according to new research from BDO. BDO also found that the Scotland’s business leaders are calling for increased action and more targeted sup

Wylie & Bisset, accountants and business advisers, has backed calls from the Scottish hospitality sector for business rate support. The firm agrees with UKHospitality (UKH) Scotland that a lack of business rates support for Scottish hospitality is unfairly hindering the sector in comparison to E

In a statement of objections issued today, the Financial Conduct Authority (FCA) alleged that Dollar East (International Travel & Money Transfer) Ltd, Hafiz Bros Travel & Money Transfer Limited, and LCC Trans-Sending Limited (including its parent company Small World Financial Services Group

The latest official statistics released by Accountant in Bankruptcy (AiB) reveal that corporate insolvencies are on the rise in Scotland.

Levels of businesses in Scotland that are already experiencing ‘critical’ or advanced distress have seen a massive increase in the final quarter of 2022 compared with the same period the previous year, according to new research from business rescue and recovery specialist Begbies Traynor

The Artisanal Spirits Company has announced a change of leadership with David Ridley stepping down as managing director and Andrew Dane appointed as CEO, following a strong year of growth.

Bank of Scotland owner Lloyds Banking Group has appointed Jackie Leiper as the new chair of its Scottish Executive Committee. Alongside a team of experts, Ms Leiper will represent the group in Scotland and work with politicians, regional business leaders, community networks and charities to help add