News

Edinburgh-based residential and commercial property developer AMA Newtown has confirmed it is the preferred bidder for Summerhall, the arts venue which was faced with a winding up petition at the start of this month. AMA has pledged that the arts will remain a priority in developing a sustainable fu

One of the world's largest banks is suing customers who believed they had discovered an "infinite money glitch". Thousands of people may have taken advantage of the so-called glitch, which was actually a form of cheque fraud which briefly became a viral sensation on TikTok and other social media pla

EY's UK partners have seen their average pay fall 5% to £723,000 this year, despite a 3% rise in revenue to £3.70 billion for the financial year ending 30 June 2024. The Big Four firm reported a compound annual growth rate (CAGR) of 10% for fee income over the last four years, while also

Whisky production has returned to the historic Speyside community of Cabrach after more than 170 years. The Cabrach Distillery, a social enterprise and the first Community Interest Company of its kind, has revived the craft in this part of Scotland.

Edinburgh-headquartered Spotless Commercial Cleaning has acquired English firm Fluid Hygiene (FH), a hospitality sector cleaning specialist which has been operating for over three decade. Based in New Malden, Surrey, FH was set up in 1993 by its managing director Alister Gregson who now joins Spotle

The Financial Conduct Authority (FCA) has fined Kristo Käärmann, the CEO of Wise plc and senior manager of Wise Assets UK Ltd, £350,000 for breaching a senior manager conduct rule. 

Scottish business confidence dipped to 44% in October, a four-point drop from September, according to the Bank of Scotland. The bank's latest Business Barometer shows that this mirrors a UK-wide trend, with confidence falling three points to 44%.

Investment in Glasgow offices has already surpassed last year's total, reaching £198 million in the year-to-date, a 46% increase from 2023's £136m, according to Knight Frank. The deals figure signals a recovery in the city's commercial property market following the sharp rise in interest

A London dairy has been left feeling rather blue after falling victim to a scam that saw fraudsters make off with over 22 tonnes of premium cheddar cheese worth £300,000.

CMS has strengthened its infrastructure, construction and energy disputes (ICE disputes) offering with the appointment of Caroline Maciver as partner in its Edinburgh office. Ms Maciver, who joins the firm from Burness Paull, has 20 years’ experience leading on large, complex disputes in the p

Cernach Housing Association is to bid farewell to finance officer Karen Dyson, who is retiring after 30 years of service. Ms Dyson joined Cernach on 24 October 1994, as the fifth member of the team. Over the years, she has witnessed Cernach’s growth through stock transfer, new builds and is no

Aberdeenshire-based energy solutions business OEG Energy Group has appointed Tom Murray CA as its new chief financial officer (CFO) with immediate effect. Mr Murray replaces Doug Fleming who has stepped down for personal reasons.

Brown Shipley, a member of Quintet Private Bank, has appointed Robbie Hewitt as Edinburgh-based wealth planner. Mr Hewitt is a Qualified Financial Planner with more than a decade of financial services experience, and will report to Gordon Scott, head of private bank – North.

Burness Paull has made two promotions and one appointment within its corporate tax and share incentives team. Christine Yuill has been elevated to head of tax with responsibility for leading the development of the firm’s corporate tax offering and its growing team of tax lawyers.

Aberdeen's housing market has shown a 1.6% decline in the average property price during Q3 2024, as transactions rose 9.8% for the same period, according to the Aberdeen Solicitors’ Property Centre (ASPC). Based on data supplied by the ASPC, and compiled by the Centre for Real Estate Research