Search: financial focus

Blair Nimmo and Alistair McAlinden from Interpath Advisory have been appointed as joint interim liquidators for Edinburgh-based company Bross Bagels Limited. As of 29 August 2023, the official registered address of Bross Bagels has shifted to c/o Interpath Limited in Glasgow.

Following a period of marketing by Christie & Co, joint administrators from FRP Advisory have facilitated the sale of Skirlie Castle Limited's business and assets, including Glenskirlie Castle in Stirlingshire, to Glasgow-based Khungha Investments Limited. The deal, which is for an undisclosed s

Despite concerns over the Bank of England's recent hike in base interest rates to a 15-year peak of 5.25%, Glasgow's property market has remained "robust and thriving", according to Scottish estate agents Corum. Celebrating its 20th anniversary, the company has reported a 10% rise in property viewin

Nationwide reported a notable 0.8% month-on-month dip in house prices in August, reflecting the largest annual drop since July 2009 with values down by 5.3%.

Inverness-based Aurora Energy Services has acquired Caithness-based, lifting and inspection firm Northern Marine Services (NMS) as part of its strategy to expand its services portfolio and geographic reach. NMS is an established specialist provider of non-conventional lifting, inspection, logistics

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

Significant growth in activity throughout the West of Scotland has prompted sister companies Hardies Property & Construction Consultants and Shepherd Chartered Surveyors to relocate to larger office premises in the heart of Glasgow city centre. The move sees the firms relocate from their former

LINC Scotland, the national angel capital association, has launched a new operating brand, Angel Capital Scotland. Angel Capital Scotland will continue LINC Scotland’s role of supporting collaboration across the angel investment sector, including member syndicates, individual investors and ind

A former office manager of an Edinburgh property firm has been sentenced to three years' imprisonment after defrauding her employers and its clients of over £900,000. Emma Hunt, 37, spent thousands on parties, hospitality at sporting events, hotel stays, a five-star Caribbean holiday, cars, an

With HMRC forecasting that 283,400 estates will face inheritance tax (IHT) by 2028, Wylie & Bisset has urged clients to seek an early assessment of their IHT exposure and plan ahead. This forecast comes in the wake of Chancellor Jeremy Hunt's decision to maintain the IHT threshold at £325,

Businesses in Scotland had 131,396 fewer unpaid invoices on their books in July 2023 than July 2022, according to new research from insolvency and restructuring trade body R3. R3’s analysis of data provided by Creditsafe shows that overdue invoice numbers in Scotland have fallen from 552,

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

Glasgow-based food tech firm ENOUGH has successfully raised €40 million (£34.2m) in a recent growth funding round. The funding was co-led by Europe's renowned climate tech venture capitalist, World Fund, and prominent food tech investor, CPT Capital. Notable investors such as AXA IM Alts,

Macdonald & Muir, the owner of whisky brands Glenmorangie and Ardbeg, has posted a surge in pre-tax profit of almost 60%, reaching £46.9 million in 2022. This rise is up from £29.5m the previous year. The company’s turnover also witnessed a notable increase of 47%, amounting to

The Scottish Retail Consortium (SRC) has called for public spending restraint rather than tax increases to form the bulk of the action needed to plug the Scottish Government’s projected £1 billion spending gap next year. The gap in the devolved government’s finances is forecast to