News

Sterling Sinclair Removals Group (SSR) has added to its growing portfolio with the acquisition of Tillicoultry firm Glen Transport. The six-figure deal marks SSR’s second such deal in less than a year following the takeover of Britannia Edinburgh Removals.

Edinburgh-based specialty pharmaceuticals business Kelso Pharma has appointed former Big Four accountant and experienced pharmaceutical executive John Rooper as director of corporate development. With a wealth of experience in the life sciences sector after working at Ernst and Young (EY) in a senio

Edinburgh-headquartered Zumo, a B2B digital assets infrastructure provider, has signed the Abu Dhabi Sustainable Finance Declaration, furthering its commitment to environmental sustainability within the financial services sector as it expands its presence in the region. The Abu Dhabi Sustainable Fin

Insurers and brokers have improved governance and oversight of how products are designed, managed, reviewed, and distributed, but many still cannot show how they are providing fair value to customers or that they were receiving good outcomes, the Financial Conduct Authority (FCA) has said. In a repo

Glasgow has recorded the highest average annual price growth of new build apartments of the UK’s six biggest cities outside London, according to research from global property advisor JLL.

Wood Group reported a significant pretax loss of almost $1 billion (c. £770m) in the first half, primarily due to an impairment charge related to its 2017 acquisition of Amec Foster Wallace. Despite this, the company remains optimistic about its future, with CEO Ken Gilmartin emphasising plans

The UK government has revealed it is considering introducing a 'right to switch off' for workers, allowing them to ignore work-related communication outside of working hours. The move aims to boost productivity and economic growth by preventing the blurring of lines between work and home life, Sky N

The Scottish National Investment Bank has posted a £14.6 million pre-tax loss while committing £224.6m to 20 companies in its third year. The 2023/24 investment enabled a further £400m in additional investment alongside the bank.

A vacant office building in Liverpool's city centre has allegedly attempted tax avoidance by housing a snail farm. Comprising only 15 crates with a mere two snails each, this venture has raised eyebrows among council officials, who suspect it's a ploy to dodge business rates by qualifying under

The number of people expected to pay dividend tax in the 2024/25 tax year has almost doubled since 2021/22, a Freedom of Information request from AJ Bell has revealed. Just under £18 billion is set to line Treasury coffers for this tax year alone, with nearly 3.6 million taxpayers subject to t

As it welcomes its 2024 trainee intake, the Thomson Cooper team has crossed the 100-employee milestone, an achievement coinciding with the firm's 75th year in business. The firm's journey began in 1949 when founder T. Hunter Thomson and his business partner Harold Cooper acquired a small practice in

Company insolvencies in Scotland rose in July 2024, reaching 117 cases, a 21% year-on-year increase, however, the overall insolvency rate for the past 12 months has slightly decreased. July's company insolvencies were comprised of 76 CVLs, 33 compulsory liquidations and eight administrations.

Edinburgh-based B2B software as a service (SaaS) learning and training management software provider Administrate Limited has completed a £3.05 million funding round. A £1m investment was provided by the Investment Fund for Scotland (IFS), Equity Finance, managed by Maven Capital Partners

The number of overdue invoices in Scotland has reached its highest level this year, according to R3. R3, the UK’s insolvency and restructuring trade body, analysed data provided by Creditsafe revealing that businesses in Scotland had 538,172 unpaid invoices on their books last month – th

ESPC has conducted a study into the property market across Edinburgh, the Lothians, Fife and the Borders, to uncover the locations that buyers move from, and where they most frequently move to. The report looks back at the property market from January 2019 to July 2024, considering where buyers are