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FRP Advisory has sold AMTE Power's Scotland business and assets out of administration to Dutch battery technology firm LionVolt, saving 20 jobs. LionVolt is a subsidiary of LionVolt B.V., a group based in Eindhoven, Netherlands – a battery innovator that develops ‘3D’ solid-state b

A pastor who admitted pocketing more than $1 million (around £0.78m) from his followers says the Lord told him to.

MBM Commercial has appointed Simon Hart, a skilled banking and finance lawyer, to its team. Mr Hart will join the firm as a partner and will spearhead the expansion and development of the firm’s non-contentious banking practice.

Billion Global Chase Limited (BGC) has taken a 75% share in Linlithgow Distillery and appointed George Matharu as new chief executive officer. With planned investment, the Distillery, renowned for its award-winning artisanal Gin and Vodka, is set to expand its product range in 2024. The company

More than 38,000 start-ups were launched in Scotland in 2023, according to new research from R3, the UK’s insolvency and restructuring trade body. R3’s analysis of data provided by Creditsafe shows 38,313 firms were set-up in Scotland in 2023 – a rise of 12.1% from 2022’s tot

UK inflation experienced an 0.1% increase in December, breaking a 10-month streak of decline. Consumer prices rose at an annual rate of 4%, surpassing both the previous month's figure of 3.9% and economists' expectations of 3.8%, according to the Office for National Statistics (ONS).

There were 108 company insolvencies registered in Scotland in December 2023, 5% lower than the number in December 2022, according to the latest official statistics. This was comprised of 40 compulsory liquidations, 65 CVLs and three administrations. There were no CVAs or receivership appointments.

Ownership of Edinburgh Airport is set to change hands as part of BlackRock's deal to acquire Global Infrastructure Partners (GIP) in a significant cash-and-stock transaction valued at over £9.43 billion. The deal, unveiled on Friday, comprises £2.36bn in cash and some 12 million BlackRoc

Accountants from EY and PwC are set to face questioning in the upcoming sixth phase of the Williams Inquiry, shedding light on their role in the Post Office scandal linked to the Horizon IT system.

ScottishPower has announced an unprecedented £5.4 billion worth of contract opportunities, marking its largest-ever issued contract initiative, as it ramps up its next phase of electricity network investment.

EY has extended the tenure of its UK chair, Hywel Ball, for a second time, allowing him to continue leading the Big Four firm beyond the mandatory retirement age of 60. Mr Ball, 61, who has been at the helm since 2020, received a further one-year extension, taking his leadership role until June 2025

The Cyber and Fraud Centre – Scotland, has encouraged SMEs and charities with limited IT resource to make use of the Centre’s Cyber Advance service. The Cyber Advance service combines two key elements to guide organisations through the process of building their digital resilience. To beg

Craft brewer BrewDog has said it is ending its commitment to paying all staff the voluntary living wage.

Former US President Donald Trump's Scottish luxury Turnberry golf resort has reported a pre-tax profit of £571,000 in 2022, marking the first profitable year since its acquisition in 2014. This turnaround follows a loss of £3.7 million in the previous year. The resort's revenue surged by

The Scottish Retail Consortium (SRC) has appealed to the Scottish Government to shield businesses from significant tax hikes in today's forthcoming Scottish Budget.