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Puremalt, a Haddington-based malt ingredient supplier, has agreed a £7 million funding package with HSBC to expand its grain-processing capacity by building new facilities. The funding will be used to build a new brewhouse.

A raft of promotions, including four appointments to partnership, have been announced by DM Hall. Katie Craig, Greig Baxter, David Cree, and Paul Reilly, have all joined the now 25 strong Scotland-wide partnership as of 1 January 2022.

Investment in Scottish commercial property fared surprisingly well throughout 2021 despite volatile market conditions, according to the latest figures published by Lismore Real Estate Advisors. According to the figures, investment volumes reached circa £1.345 billion, a 24% increase on the tot

Thomson Cooper Accountants, which has offices in Edinburgh and Dunfermline, has announced its recent accreditation to the prestigious Chartered Institute of Payroll Professionals (CIPP) Payroll Assurance Scheme (PAS). As the only voluntary accreditation on the market to be developed in partnership w

A painting by the Belgian surrealist René Magritte is expected to sell for a record-breaking £45 million when it goes up for auction for the first time this year.

Stuart Clark, managing director at Glasgow-based Russell & Russell Business Advisers, discusses the importance of getting companies fit and healthy in the new year. It is that time of year again. As regularly as the sun comes up in the sky every morning, the urge to get into shape seizes huge sw

Blair Nimmo and Alistair McAlinden from Interpath Advisory were appointed as joint provisional liquidators of Iain Potter Construction Ltd (IPC) on 7 January 2022 by the company’s sole director. The company, based in Carluke in South Lanarkshire, was incorporated in 2014 and provided a range o

UK finance leaders are focused on growth, with a record 37% rating an increase in capital investment as a strong priority for their business in the next 12 months, according to Deloitte’s latest UK CFO Survey Q4 2021. Expansionary strategies, including introducing new products and services, ex

The Financial Conduct Authority (FCA) is set to launch two market studies and gather further information to investigate access to wholesale data. In response to a Call for Input, the FCA heard concerns that limited competition in the markets for benchmarks and indices, credit ratings and trading dat

Consumer champion Which? has uncovered worrying flaws in online banking security systems that could leave customers exposed to fraud, with some banks failing to use the latest protections for their websites and allowing users to set insecure passwords.

Bank of Scotland has announced the appointment of two new relationship managers for its Edinburgh, Lothians and Borders SME and Mid Corporates team, bringing more than 40 years of financial services experience. Stuart Clark and Alan Bedford join a nine-strong team of commercial banking specialists a

Wright, Johnston & Mackenzie LLP has made a significant investment into a new office space in Glasgow as its teams look to the future of post-pandemic ways of working. The firm's Glasgow team will be moving to St Vincent Plaza, a Grade A office space in the heart of the city’s IFSD Central

Jon Holt, the chief executive of KPMG, has admitted that the Big Four firm misled the Financial Reporting Council (FRC) over its audit of collapsed outsourcer Carillion. In a statement released on the first day of a five-week disciplinary tribunal over the behaviour of the firm and six former employ

HMRC is urging tax agents and accountants to remind their clients that COVID-19 support grants or payments are taxable and should be declared on their company tax returns. The deadline for customers or agents filing company tax returns (CT600) is 12 months after the end of the accounting period it c

Donald Yellowley, partner in DM Hall’s country department based in the Bridge of Allan, Stirling, highlights the possible rewards for farmers looking to sell land. While demand for all manner of land in Scotland has rarely been more urgent, the farm sales market remains stubbornly quiet, and s