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Specialist timber firm Donaldson Group has appointed Graham Johnston as CEO of its retail and distribution division in a newly created role. Mr Johnston joins the Donaldson Group from ASDA where he was senior director of omnichannel customer support, running a large UK and international operation al

Cleantech start-up Penrhos Bio has secured a £1 million investment with the support of St Andrews-based impact investment firm Eos Advisory. The investment will accelerate the commercialisation of its patented platform technology, RemoraTM, developed in collaboration with Unilever, that protec

Azets, the accountancy firm that specialises in the SME market, has announced plans to boost staff numbers by 50% in Stirling after investing in new offices in the city. The new open plan offices are based in Kings Park House, Laurelhill Business Park and will feature the latest IT and communication

The outcome of the Scottish Government’s Emergency Budget Review will be set out to Parliament within two weeks of any UK Government Emergency Budget, Deputy First Minister John Swinney has said. Liz Truss could hold an emergency budget or other fiscal event after taking office in an attempt t

Richard McMeeken, partner at Morton Fraser, discusses a recent decision issued on 4 August 2022 in which Lord Braid has clarified certain aspects of the law of bribery in Scotland. In Oil States Industries (UK) Limited v "S" Limited; Lagan Building Contractors Limited (in administration); John Hanse

Accountancy and business advisory firm Henderson Loggie has welcomed a cohort of 20 trainees including, for the first time, three modern apprentices who have joined straight from school to work in financial planning, insolvency, and HR departments. The new recruits range in age from 18 to 33, and in

The latest annual figures have shown that the UK has 520 fewer ISA millionaires following a period of global stock market volatility. InvestingReviews.co.uk obtained the data from HMRC following a series of Freedom of Information requests. The figures showed millionaire numbers fell by a quarter to

Scottish data centre and multi-cloud services provider DataVita has appointed James King as its new business development director to lead its ambitions for international growth. A chartered accountant with a background in corporate and project finance, Mr King joins from the Scottish Futures Trust w

A debate in Liechenstein's Landtag - the country's generally the legislative assembly - was interrupted when a 4.1 magnitude earthquake was felt. The disruption came as MPs were discussing whether to mandate earthquake insurance in the country. Footage shared by the Landtag shows that two tremors we

Popular Buy now, pay later (BNPL) start-up Klarna has revealed losses of 6.17 billion Swedish crowns (£497 million) for its first half results as it has seen costs soar and credit losses mount.

As inflation reaches 10.1% in the UK, mid-sized business leaders in Scotland are bracing for the impact of further financial strain, with more than 1 in 4 respondents to Grant Thornton UK LLP’s August Business Outlook Tracker saying they would not have sufficient working capital to manage infl

BrewDog has announced the closure of six of its pubs, three of which are in Scotland. The decision comes just after the Scottish craft beer company opened up its biggest bar in London's Waterloo two weeks ago.

Savills, on behalf of a private client, has completed the sale of the long leasehold of Mercure Perth Hotel in Perth, Scotland, to S Hotels and Resorts plc, owner of Jupiter Hotels, off a guide price of £2.25 million. The property has an unexpired long leasehold term of 46 years. The Mercure P

The Edinburgh-based Scottish Investment Trust has officially merged with JP Morgan Global Growth and Income (JGGI) in a move that will create a fund with assets in excess of £1.3 billion. The merger was announced in October last year.

Donald Trump and his accounting firm Mazars USA, have been forced to hand over key financial records to lawmakers as part of a three years investigation into his disclosures and conflicts of interest. Carolyn Maloney, chair of the House Oversight Committee, said: “After numerous court victorie