News

UK real estate investment firm Praxis has completed the acquisition of Glasgow's St Enoch Shopping Centre, in a deal estimated to be worth £50m. The 12-acre site occupies a prime location at the intersection of Buchanan Street and Argyle Street, adjacent to Glasgow Central Train Station. The s

NatWest Group is on the verge of returning to full private ownership for the first time in nearly 17 years, following a significant reduction in the UK government's shareholding. The Treasury has recently sold a further tranche of shares, decreasing its stake from 1.98% to just 0.9%.

As part of a raft of new partner appointments and plans to grow the firm’s private client practice in Scotland, Donna Brennan, has joined Weightmans' team in Glasgow. Ms Brennan, formerly of Blackadders, specialises in complex private wealth matters, and advising on all aspects of succession p

EY has once again postponed start dates for graduates recruited to its US strategy and deal advisory arm, EY Parthenon.

An innovation project by a major carrot grower in Moray is forecast to strengthen the company’s position and create more jobs. Family-run firm, AA Carrots Ltd grows carrots on 400 acres of land around Moray and Aberdeenshire, of which around half is organic.

Citizens Advice Scotland (CAS) and the network of Scotland’s Citizens Advice Bureaux (CABs) are to receive £6 million thanks to independent funder Foundation Scotland.

Interest from American buyers in UK property has reached its highest level in eight years, with Edinburgh emerging as the most popular destination, according to new figures from Rightmove. The data comes shortly after it was revealed that applications for UK citizenship from US nationals are at reco

The proportion of Scottish small businesses depending on finance to fuel their growth has climbed to an eight-year high, according to new research from Novuna Business Finance. A YouGov poll, which surveyed 1,242 small business owners nationwide, found that 51% of Scottish enterprises would be force

Following the collapse of Hadden Construction and confirmation that subcontractors stand to lose around £2 million, industry advocate Yosof Ewing – founder of Adjudicate.co.uk and speaker at this year’s Scottish Construction Summit – is calling for urgent legislative reform t

A judge has criticised two neighbours for spending hundreds of thousands of pounds in a legal dispute over "a tap and a pipe that doesn't matter".

Port of Aberdeen, the UK's oldest existing business, has announced a turnover of £50.7 million and a pre-tax profit of £16.5m for 2024. This marks the first full year of operations since the opening of its £420m South Harbour expansion, which has significantly contributed to the po

Aberdeen-based Wood Group has seen the deadline for a potential takeover by Dubai-headquartered Sidara extended for a third time.

ScottishPower's parent company, Iberdrola, has agreed to sell its UK smart meters business, SP Smart Meter Assets (SPSMA), to the Australian financial services group Macquarie in a deal valued at approximately €1,060 million (c. £900m). The transaction is currently awaiting approval from

Burness Paull acted as lead UK legal advisers to K-Bro Linen Systems on its £107.2 million acquisition of Star Mayan.  K-Bro, an international owner and operator of laundry and linen processing facilities already has a strong UK presence through its Fishers and Shortridge businesses, and

Thorntons is continuing its strategic growth with the appointment of Ricardo Matteo as a partner in the firm’s newly established banking team. His addition further broadens Thorntons’ corporate and commercial offering and follows the firm’s recent merger with Macnabs.