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Finsbury Food Group, which acquired Coatbridge-based Lees earlier this year, has accepted an acquisition offer from Frisbee Bidco, a subsidiary owned by Isle of Man asset management firm DBay Advisors, in a deal valued at £143.4 million.

Big four firm Deloitte has announced that it is preparing to cut around 800 jobs across its UK division, representing approximately 3% of its 27,000-strong workforce in the country. 

An accountancy programme run by Douglas Home & Co that can put a young candidate without a university background on the path to becoming a fully-fledged accountant is celebrating its fifth year. Douglas Home & Co’s Professional Development Programme has so far helped nine young account

Chloe Leslie, a 23-year-old client relationship associate at the Aberdeen-based accountancy firm Infinity Partnership, has been nominated to the Aberdeen Young Professionals (AYP) 30 Under 30 list. This accolade recognises emerging leaders and innovators in the Aberdeen and Aberdeenshire areas. A ce

Morton Fraser has been appointed as a supplier on the Scottish Government Legal Services Framework. Drawing on the firm’s specialist expertise in several areas, Morton Fraser is set to provide legal advice across each “lot” it applied for, including litigation, reparation, employme

TLT has appointed Keith Anderson as a partner in its Edinburgh office. Joining TLT from Gilson Gray, he brings over a decade of experience to the firm's commercial dispute resolution team in Scotland.

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

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

Private equity investment in Scotland’s mid-market businesses cooled in the first half of 2023 as market volatility and tough trading conditions took hold, according to the latest analysis by KPMG UK. The firm’s latest Mid-Market Private Equity report found that 21 deals worth £2.2

The Scottish property market has been impacted by stubborn inflation and increased borrowing costs, leading to heightened emphasis on home report values for prospective buyers, as per insights from Shepherd Chartered Surveyors. ESPC reports that in Edinburgh, the Lothians, Fife and the Borders, the

Urbanite Living has secured a £18.85 million finance facility from Paragon Bank’s Development Finance division to support the construction of a new Purpose Built Student Accommodation (PBSA) scheme in Glasgow.

Another rate hike in September may be less likely after recent data from the flash composite Purchasing Managers’ Index (PMI) for August recorded a decline in private sector activity. This breaks the consecutive six-month expansion streak. Although the chief economic advisor to the EY ITEM Clu

Private businesses in Scotland have accumulated and now hold an average daily balance of £50 billion in their bank accounts, according to recent data from Azets. While this vast sum primarily reflects the normal ebb and flow of cash into and out of bank accounts, the magnitude indicates that m

A more comprehensive review of the Charities and Trustee Investment (Scotland) Act 2005 is needed, the Institute of Chartered Accountants of Scotland (ICAS) has argued. The call comes after the Charities (Regulation and Administration) Act 2023, with relatively limited reforms, received Ro

In support of Ninewells Cancer Campaign, which funds cancer treatments at the Ninewells Hospital, 15 staff from Johnston Carmichael's Dundee office took part in this year's Dundee Kiltwalk. Staff chose to back the charity in support of a colleague’s friend, who is currently receiving trea