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Edinburgh-based Murray Capital, a family-run business led by David and Keith Murray, has posted a profit before tax of £4 million for its latest financial year. The firm has a diverse portfolio of interests. Its principal activities are the provision of metal stockholding, processing and distr

Factors Direct, the property factoring company launched earlier this year by Glasgow-headquartered Cairn Group, has acquired Clyde PM, the factoring arm of estate agent Clyde Property, and the Scottish arm of Glasgow-based Nationspaces Developments which operates across all aspects of property manag

Scotland’s first impact investor, SIS Ventures has released its inaugural Impact Report, highlighting the positive impacts on people and planet delivered by its investee companies. Since launching the Impact First Fund in 2018, SIS Ventures has invested more than £5.6 million in 14 high-

Stephen Goldie will succeed Nick Scott as the managing partner of law firm Brodies, commencing 1 May 2024. Louise Shiels and Marion MacInnes have also been promoted as new practice area leaders for the firm's disputes and banking and finance practices respectively.

UNIQLO, the Japanese global apparel retailer, has announced it is set to expand its footprint with the opening of its first Scottish store in Edinburgh in Spring 2024. Located on Princes Street, the first UNIQLO store to open in Scotland will have a sales floor of approximately 1,430 sq metres.

Amid a challenging economic backdrop and a slump in the deals market, KPMG has announced it is instituting new austerity measures within its UK operations. The firm is set to slash around 110 positions in its deal advisory department, constituting approximately 7% of the sector's nearly 1,700 person

The Scottish National Investment Bank (SNIB) has today announced a £2.6 million investment into cybersecurity expert, Cyacomb. The Edinburgh-based tech company has developed software to detect and block harmful online content that is 100 times faster than any existing search tool.Cyacomb will

Aberdeen-based Global Wind Projects (GWP) is set to expand its operations after successfully completing the first of three contracts in Ireland, collectively valued at around £8.6 million. Owned by Highland entrepreneur Roy MacGregor, the company is a division of Global Port Services and was e

CT's Jak Henderson delves into the implications of the financial health requirement (FHR) on companies seeking EIS and VCT funding, detailing its historical interpretations, the complications arising from HMRC's strict enforcement, and recent amendments to the HMRC’s approach which offer a mor

Virgin Money, the owner of Clydesdale Bank, has hailed a strong third quarter this year  with growth in deposits and the banks' target lending segments.

The head of the Association of Chartered Certified Accountants (ACCA) Scotland, Susan Love, has expressed concerns over the deteriorating service standards at HMRC, attributing this to a lack of investment. The decline has strained relationships between HMRC, compliant taxpayers and their agents, ac

Scott Hogan discusses the recent changes to Scotland's business rates regime, with a focus on the devolution of power to alter empty property relief to local authorities, and the varied impact of these changes on commercial property owners and occupiers across different regions. April brought in a w

A man who embezzled £170,000 from a deceased woman who had hired him as a financial advisor and later appointed him executor of her estate has lost a High Court appeal against his conviction.  Gordon Couch, who was sentenced to three years’ imprisonment for embezzling funds from the

A mobile luggage storage service has successfully expanded its operations to Glasgow after the business owner approached Business Gateway for support. Unbaggaged ensures secure, convenient and sustainable pick-up and drop-off for its customers’ luggage, which is all provided through a fleet of

The Financial Conduct Authority (FCA) has teamed up with the South West Regional Organised Crime Unit, Yorkshire and Humber Regional Organised Crime Unit, and the Nottinghamshire Police force to intensify its crackdown on unregistered and illegal crypto ATMs.