News

A Scottish Parliament committee has expressed its concern with proposals to support people experiencing mental health issues and struggling with debt. The Bankruptcy and Diligence (Scotland) Bill proposes introducing a “mental health moratorium” – meaning people suffering from poor

Aberdeenshire-based project management and integration company Camm-Pro, has secured a multi-million-pound contract with bp to deliver a major new piece of the UK’s energy infrastructure.

The number of Scottish businesses experiencing advanced or "critical" financial distress rose by 26% in the last quarter of 2023, according to independent business rescue and recovery specialist Begbies Traynor. The figures, which are in line with the UK as a whole, are included in the company's lat

Proposals by Dublin-based Dalata Hotel Group for a £50 million hotel in Edinburgh have moved to the planning stage. A four-star Clayton hotel consisting of 167 rooms is planned for the site at 28 St Andrew Square.

Property development company S Harrison has agreed a forward funding deal with Singapore-headquartered Q Investment Partners (QIP) to deliver two major new purpose-built student accommodation (PBSA) schemes in Edinburgh. S Harrison secured planning permission in late 2022 for a project on East Newin

Pop star Madonna is being sued by two concertgoers because she started her show two hours late. New York City men Michael Fellows and Jonathan Hadden bought tickets for Madonna's show last month. It was due to begin at 8:30 p.m., but Madonna did not take to the stage until after 10:45pm

More than 38,000 start-ups were launched in Scotland in 2023, according to new research from R3, the UK’s insolvency and restructuring trade body. R3’s analysis of data provided by Creditsafe shows 38,313 firms were set-up in Scotland in 2023 – a rise of 12.1% from 2022’s tot

Judges have ruled that Walkers must pay VAT on its mini poppadoms because they are really just crisps. The snack giant had argued that that its Sensations Poppadoms were not crisps and should not attract sales tax.

Scottish accountancy firm Henderson Loggie has elected Shona Campbell as its new chair, succeeding Alan Davis following his successful eight-year tenure. Ms Campbell leads Henderson Loggie's business recovery and insolvency team and has 25 years’ experience advising businesses across Scotland.

Luxury fashion boutique Oliami in Auchterarder has acquired Pampas, the contemporary women's fashion store in the west end of Glasgow. Located at 78-80 Hyndland Road, Pampas has been an integral part of the Glasgow fashion scene since 1990 and is recognised as one of Scotland's premier independent l

A new independent report on the state of Aberdeen’s economy outlines the continuing need for a long-term strategic approach to secure a successful transition to renewable energy. The 2023 Economic Policy Panel Report highlights that the key to achieving long-term success is diversification, at

Edinburgh-based Intelligent Growth Solutions (IGS) has secured £22.5 million in a Series C fundraise to support significant global expansion as the business deploys its vertical farming technology to customers worldwide. The investment comes after IGS announced at COP28 it would be joining Dub

Diane Ireland has been named as law firm Inksters' new chief operating officer. Ms Ireland has worked for Inksters for several years as the firm's legal process engineer.

The Scottish Borders Council Pension Fund has made its first investment in natural capital in partnership with US-headquartered asset manager Nuveen. The Pension Fund has made an initial commitment to Nuveen’s flagship Global Timberland strategy, with the potential for further allocations acro

Manchester-based specialist tax consultancy Forbes Dawson has expanded into Scotland with the appointment of Brona MacDougall as a director. Ms MacDougall, who has worked in tax for 15 years, will head up the firm's Scotland operations from Lismore in the Scottish Highlands.