News

UK inflation fell to 2.6% in March, dropping from 2.8% in February and below City forecasts of 2.7%, intensifying pressure on the Bank of England to consider cutting interest rates at its meeting next month. The Office for National Statistics attributed the lower rate primarily to falling fuel

Fife-based employee-owned Scott and Fyfe has reported another year of robust financial results, demonstrating resilience despite ongoing geopolitical tensions and increased operational costs. The textiles specialist, established in 1864, designs and manufactures advanced technical textiles for indus

MHA’s Michael Reid has been appointed liquidator for Aberdeen-based Belmar Engineering as the firm ceased trading, resulting in the immediate loss of all 48 jobs. Staff were informed of the situation at a meeting yesterday (Tuesday). A letter was also sent to all known creditors – around

Glasgow-based financial planning firm Murphy Wealth has secured a significant investment from European wealth management giant Söderberg & Partners, marking the latter's first partnership in Scotland. The deal, which sees Söderberg & Partners take a minority 30% stake in Murphy Wea

Phil Anderson Financial Services has appointed experienced financial adviser Margaret O’Brien to support its expansion into the Edinburgh market. Based in South Queensferry, Ms O’Brien brings expertise in financial planning, pensions, and investment advice. She previously worked at M&

Investment in Scottish commercial property totalled more than £300 million in the first quarter of 2025, marking a subdued beginning to the year, according to Knight Frank. The commercial property consultancy’s analysis of real capital analytics (RCA) data found that there were £31

A pet shop owner has condemned a couple caught on CCTV stealing birds by shoving them down their trousers. The couple entered Paradise Pets in Swindon last week and allegedly stole four canary birds.

Marking a period of significant growth, Aberdeen-based accountancy firm Hall Morrice celebrates a record £6 million turnover and the promotion of Louise Smith and Jack Borg-Delaney to partner. This marks substantial revenue growth of 65% for the independent business over the last three years.

Cleartech Group has acquired Wigan-based ECB (Water Solutions) Limited, advised by Consilium Chartered Accountants who provided lead advisory and tax due diligence services. The deal – Cleartech’s first acquisition outside of Scotland – significantly strengthens their geographical

The joint administrators of Dumbarton Football Club Limited have confirmed that they have agreed heads of terms with Gareth Phillips on a proposal that would see the club exit administration solvently and with all creditors paid in full.

Muir Homes has appointed Robert Herd as its new managing director. Having originally joined Muir Homes as a site manager, Mr Herd rose through the ranks to become construction manager before briefly stepping away. Now, he returns to lead the company at a time of significant growth and investment.

A UK government minister's verified X account was recently hacked to promote a fraudulent cryptocurrency dubbed "$HCC" or the "House of Commons" coin. Several posts, featuring the House of Commons logo and describing the scam coin as a "community-driven digital currency", appeared on the Leader of t

Scottish Friendly has appointed Schroders as its new investment management partner for a £2.1 billion multi-asset and insurance mandate. The mandate reinforces Schroders’ position as an insurance asset manager and expert in delivering actively managed and tailored investment solutions. I

Alistair McAlinden and James Dewar from Interpath have been appointed joint provisional liquidators of St Giles Shopping Centre Holdings Ltd on 8 April 2025. The company was the operator of the St Giles Centre in Elgin, which is owned separately by a company which is not subject to insolvency.

Accountancy firm MHA has gone public and commenced trading on London's AIM market this morning at a valuation of £271 million, marking the largest AIM IPO in the business support services sector over the past five years. The UK arm of Baker Tilly International successfully raised £98 mil