News

Foodservice provider Sysco GB has acquired Scottish meat and fish supplier Campbell's Prime Meat.

Scottish piling and drilling specialist Albion Drilling has been acquired by the UK's largest ground engineering contractor Van Elle in a deal worth up to 3.5 million.

MFMac has been reappointed by the Ministry of Defence (MoD) to provide legal services in Scotland. Having acted for it for over 22 years, the firm has built a strong relationship with the MoD in Scotland and has been directly awarded this exclusive contract to continue to provide legal services over

Northern Accountants has acquired Dunfermline-based Empowered By Cloud, accountancy expert for the trades and construction industry, for an undisclosed six-figure sum. This strategic move adds 50 new clients and boosts Leeds-headquartered Northern Accountants' staff to 45, with a total client base o

Holyrood Distillery has inked an exclusive deal to begin exporting its products to the USA for the first time.

Aberdeen-headquartered construction industry consultancy McLeod + Aitken has undergone a management buyout (MBO), in a deal worth over £10 million. Existing directors Graeme Beaton, Mark Hirst, Alistair Seel and Grant Jamieson have assumed control from Duncan Moir, Mike Shirreffs and Matt

A Russian court has slapped Google with a fine of around $20 decillion (c. £15.44 decillion) – thousands of times more than the entire world's GDP. The preposterous penalty arises from a years-long court case brought by Russian TV channels which have been banned from YouTube since 2020,

Coinciding with its announcement of a better-than-expected 10% rise in pre-tax profits to $8.5 billion (c. £6.6bn) during Q3 2024, HSBC's CEO, Georges Elhedery, has dismissed speculation that the bank's recent restructuring signals a potential breakup. The restructuring, announced last week, w

Scottish businesses have called for a competitive tax system and solutions to skills shortages in Chancellor Rachel Reeves' first Budget, according to Bank of Scotland. BoS' Business Barometer reported that when asked about the key areas they want prioritised to support their businesses, 46% of

Glasgow businessman David Low has sold The Arlington, an iconic Glasgow pub he purchased three years ago, for an undisclosed sum to experienced operator Peter Di Ciacca, owner of Riva Restaurants. The bar, which has been operated continuously on the same Woodlands Road site since 1860, is one of the

Scottish councils are facing a severe financial crisis due to ongoing inflation, wage pressures, and rising service demands, according to a new report by the Chartered Institute of Public Finance and Accountancy (CIPFA) and the Local Government Information Unit (LGIU).

The Scottish Retail Consortium (SRC) has welcomed the backing of Scottish Ministers over the reintroduction of tax-free shopping for international visitors. It comes ahead of the new Chancellor of the Exchequer’s UK Budget.

Dear Editor, I hope this finds you well. On the eve of the budget and with accountancy and legal professionals alike worrying and speculating on its contents, I shared the below poem on my LinkedIn to add a little levity to the discussion:

Begbies Traynor has appointed insolvency specialist Kevin Mapstone as a director based at its Edinburgh office. With over 25 years’ experience in financial services, Mr Mapstone joins from an insolvency firm in Paisley where he spent almost four years as an insolvency practitioner, having prev

Scottish Financial Enterprise (SFE) has launched a new skills hub that will help thousands of Scots better understand the jobs and careers available in the financial services industry, helping them identify the right opportunities and apply for roles. The new getinto.finance digital platform, which