News

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

In a strategic move to enhance global procurement solutions, Grandholm Production Services has acquired Aberdeen-based RSD Supplies & Services in a six-figure deal. RSD was formed in 1999 as a one stop solution to source and supply a wide range of essential high-volume products, including genera

The whisky distillery that featured in the BBC series Monarch of the Glen is set to be transformed into a low-carbon operation after securing planning permission from Highland Council.

Aberdeen-headquartered Wood Group has received a takeover offer for 35p per share or £242 million from Sidara, a Dubai-based engineering and consultancy firm.   

The UK has collected only 3% of the financial penalties issued to offshore companies failing to comply with transparency laws designed to reveal the true owners of UK property. Figures from Companies House reveal that since January 2023, just 14 out of 444 fines levied against non-compliant firms ha

Scotland will respond to the ongoing global economic uncertainty by highlighting its economic strengths and making clear it is open for business, Deputy First Minister Kate Forbes has said. Speaking ahead of a trade and investment visit to the United Arab Emirates (UAE), Ms Forbes promised the Scott

Chief Financial Officers (CFOs) of the UK's largest companies are increasingly adopting defensive business strategies, reaching levels not seen since the early stages of the pandemic, according to Deloitte. The Big Four firm's latest survey of UK chief financial officers (CFOs) closed on 31 March &n

A branding designer and former DJ-turned-beekeeper is creating a buzz with the launch of a small-batch honey business in the northeast Highlands. Dan Price is set to unveil Fableman’s Highland Honey this spring, with the first batch expected to be ready by the end of summer. Based on a three-a

Latest figures from the Insolvency Service show the agency banned more than 1,000 directors in 2024-25, of which 736 were for Covid loan abuse. The Insolvency Service enforcement outcomes report for 2024-25 was published on 14 April 2025.

Johnston Carmichael has named Bryan Shepka as its new head of financial services, succeeding Ewen Fleming who led the sector for six years. Mr Shepka joined Johnston Carmichael in 2023 as audit partner, bringing extensive experience in the wealth and asset management sector, having worked for 14 yea

Artificial intelligence (AI) offers a significant opportunity for Chartered Accountants to deliver greater value and develop fulfilling careers, but realising its potential requires dedicated upskilling and proactive leadership, according to a landmark report by Chartered Accountants Worldwide (CAW)

Forvis Mazars has reported its fifteenth consecutive year of growth in the UK, recording revenue of £362.4 million – an increase of 8.3% – for the year ending 31 August 2024. This growth continued unabated following the firm's global network formation on 1 June 2024. Across the UK,

Scotland-founded AAB Group's financial planning division, AAB Wealth, has acquired prominent London-based firm Magus Wealth as part of its ongoing strategic growth. This marks AAB's first wealth acquisition in the capital, significantly expanding its footprint in London and the South-east.