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Companies must prepare for a new law that will impose greater demands on verifying the identity of their directors and connected businesses, experts at Edinburgh-headquartered legal firm Lindsays have warned. An impending new law means that Companies House will impose more stringent measures on conf

Edinburgh and its surrounding area has emerged as the UK’s top innovation-led cluster for equity deals outside of the ‘Golden Triangle’ of Greater London, Oxford, and Cambridge, according to a new report launched today by the British Business Bank. The Bank’s Nations and Regi

Stirlingshire-based James Jones & Sons Ltd has completed the acquisition of bandsaw blade manufacturer and saw servicing provider Lancashire Saws Ltd.

Richard Howson, the former chief executive officer of Carillion Plc until 2017, has been disqualified from acting as a director for eight years. An Insolvency Service spokesperson said: "The Insolvency Service, acting on behalf of the Secretary of State for Business and Trade, has accepted a disqual

The business landscape has entered a state of rapid change and uncertainty, primarily influenced by geopolitics, according to KPMG’s annual survey of more than 1,300 CEOs – 150 in the UK – of the world’s largest businesses.

Ocean Winds, a 50-50 joint venture between EDP Renewables and ENGIE, has sold a 16.6% stake in the 950 MW Moray East Offshore Wind Farm to Equitix.

Scottish spirits producer William Grant & Sons has reported turnover of £1.72 billion and an after-tax profit of £331.3 million for the year concluding 31 December 2022. The reported figures signify a return to the pre-pandemic profit levels of 2019, overcoming the significant challe

Despite seeing a slowdown in takeovers, Deloitte UK, has reported a robust 14% growth in annual revenues, disclosing a turnover of £5.6 billion for the year to 31 May, up from £4.9bn in 2022. This surge in revenues, primarily driven by strong markets in the initial half of the year, led

August saw an increase in net borrowing of mortgage debt by individuals, marking the fourth consecutive month of growth, with a significant rise to £1.2 billion, up from July's £0.2bn. In contrast, the UK observed a decline in net mortgage approvals for house purchases, dropping to a six

A grandmother who embezzled £1.5 million from a family scrap metal business in Aberdeen has been jailed for three years and four months.

Aspectus, a global brand, marketing, and communications agency, has experienced a surge in growth over the past year, reporting a 25% increase in global revenues, totalling £12 million. This growth trajectory is attributed to escalating client demand, the launch of new services, and a formal e

Scotland’s onshore GDP grew by 0.1% in July, following 0.0% growth in June 2023, according to statistics announced by the Chief Statistician. This follows 0.0% growth in June 2023. In the three months to July, GDP is estimated to have contracted by 0.1% compared to the previous three month per

Nicola Ross delves into the prevalent issue of late payments affecting various businesses, discussing implications and outlining preventative measures, strategies for resolution including credit control, litigation, and mediation. Recently Etsy and Amazon have been outed for withholding funds f

Over 500 finance sector professionals gathered in Edinburgh last week to help drive green and responsible finance forward, enabling the achievement of net zero goals in Scotland and around the world.

Complete Weed Control, a Scottish specialist in weed control, ground maintenance, and tree management, has reported stellar growth, posting record sales of £2.75 million up to 31 May, a substantial increase from £2m the previous year. The company, now based in a newly-acquired headquarte