News

Springfield Properties has forecasted a rise in annual revenue to £280 million, up from £266m the previous year, attributing the growth to a significant increase in profitable land sales. In its latest trading update, the group confirmed it expects to report an annual profit before tax t

Business owners are being urged to ensure they have a succession plan in place after the latest Family, Privately-owned and Owner-managed Business Survey from Armstrong Watson revealed many businesses haven’t considered their exit plan. The accountancy firm has provided a first glance at some

Aberdeenshire-based Kirkwood Homes has blamed higher interest rates for a £4.4 million loss in its most recent accounts. The housebuilder recorded a pre-tax loss of £4.4 million for the financial year ending 30 June 2024, having reported a £1.6m profit in the previous year.

The British Business Bank’s Investment Fund for Scotland has delivered over £25 million in financial support to Scottish businesses since it launched 18 months ago, supporting 58 firms across the country to develop and grow.

Aberdeen-headquartered global energy services company THREE60 Energy has announced its financial results for the year ending 31 December 2024. The strongest year of growth to date and reinforcing its position as one of the fastest-growing companies in the energy services sector.

Glasgow-based boutique advisory firm Monteith has launched a dedicated commercial real estate insurance facility, designed to meet the complex and evolving needs of property investors, developers, factors and asset managers across the UK. The offering provides tailored insurance solutions for all ma

Steven Naismith has provided a six-figure funding injection to Glasgow-based sport-tech platform ScribePro, an innovative app and online portal that records medical interactions in real-time for athletes and clinicians. In addition to his investment, the former Heart of Midlothian manager will take

Transport operator McGill’s Group has announced the acquisition of West Lothian-based coach firm Prentice Westwood as part of its continued expansion in the coach travel sector. The seven-figure deal will see the Prentice Westwood – one of Scotland’s longest-established, family-run

The Scottish Event Campus (SEC) has appointed Debbie McWilliams as chief commercial officer (CCO). Ms McWilliams, who has also been formal appointment to the SEC board, steps into the newly expanded role, within new chief executive’s Dominic McKay’s executive team at the SEC. This follow

The Financial Conduct Authority (FCA) has fined Monzo Bank Ltd £21,091,300 for its inadequate anti-financial crime systems and controls between October 2018 and August 2020. The fine has been reduced from £30,130,475 after Monzo agreed to resolve this matter and qualified for a 30% disco

Edinburgh and Glasgow have been identified as leading UK cities for large corporate firms outside of London, securing positions within the top ten, according to HSBC UK. The inaugural HSBC UK Corporate Tracker report, which records the location and activity of the UK’s 13,544 large corporates,

Aberdeen-headquartered corporate finance firm Quantify Advisors is targeting further expansion after a successful first year of operations. Fronted by seasoned corporate finance professionals, Tom Faichnie and Melanie Clark CA, Quantify has already advised on 14 completed deals with a cumulative dea

A furniture store has been ordered to pay damages to a couple who bought a sofa without knowing its feather cushions would need to be regularly fluffed. Canadian couple Donna and Thomas Dobko launched civil proceedings against Muse & Merchant after being disappointed with the floppiness of their

Deloitte’s latest survey of UK chief financial officers shows that finance leaders see the UK as the most attractive destination when it comes to investment, alongside India, with a net 13% describing it as very or somewhat attractive. The survey – which took place between 16 and 29 June

Ana Stewart’s Pathways Pledge initiative has welcomed its fifth cohort, with Connect Three, the University of Edinburgh, Geovation Scotland, BGF, Mint Ventures, and Firstport signing up, totalling 32 Pledge partners to date. Pledges in the fifth cohort include hosting events to enhance diversi