News

The Financial Reporting Council (FRC) issued a historic number of fines in 2023, totalling £33.2 million, surpassing the previous year's record.

Engineering services provider Edwin James Group has completed the acquisition of Automated Control Solutions Holdings Limited and its subsidiaries Automated Control Solutions Limited and ACS Electrical Engineering Limited, together trading as ACS. The deal, agreed for an undisclosed sum, will expand

Glasgow-based Dallas McMillan Solicitors has promoted private client lawyer Katie Deans, conveyancing lawyer Abbie Freer and commercial property Amy Pollock to senior solicitor. Managing partner David McElroy said: “Katie, Abbey and Amy’s promotions are well deserved.

A Chinese chess champion stripped of his title after defecating in his hotel bath has launched legal proceedings against the competition organisers. Yan Chenglong, 48, won the 2023 National Chinese Chess King Competition in Lingshui, China last month, but subsequently had his title and prize mo

Orbital launch services company Orbex appointed two tech and space sector stalwarts as its new CEO and executive chair. Scale-up expert Phillip Chambers joins as Orbex’s new chief executive officer and Miguel Belló Mora leaves his post as director general of the Spanish Space Agency to

William Duncan Accountants, a part of the Dains Group of Companies, has appointed Graeme Bryson as the new managing partner, effective from 1 January 2024. The transition sees Robert Fergusson, who served as managing partner since 2011, stepping into the role of evolve delivery lead for the broader

Edinburgh-based cancer therapeutics development specialist Cumulus Oncology has successfully secured a £9 million funding package, including a significant contribution of £6m from the Scottish National Investment Bank. The funds are earmarked to bolster Cumulus's portfolio of companies d

In a bold move set to redefine the landscape of Scotland's property industry, Angela Wallace, the centre and operations manager at Tayside Property Solicitors Centre (TSPC), anticipates a pivotal role for AI in house sales throughout 2024. A digitised strategy, known as proptech, embraces the use of

Commercial investment volumes in Scotland for 2023 amounted to £1.493 billion, marking a 34% decline from the previous year, according to Savills.

A grisly horror movie and a violent video game are among the first new projects featuring Mickey Mouse following the expiration of US copyright protections. Mickey's first cartoon, Steamboat Willie – a roughly eight-minute black-and-white cartoon released in 1928 – entered the publi

Glasgow-based managed service provider Cloud Cover IT has been acquired by cyber security business Aspire Technology Solutions, and England-headquartered firm.

Shareholders of Glasgow-based Smart Metering Systems (SMS) now have an extended timeframe to deliberate the £1.3 billion takeover offer presented by US private equity firm Kohlberg Kravis Roberts (KKR)

In a move to strengthen its foothold in the lucrative American Whiskey market, whisky curator The Artisanal Spirits Company (ASC) has successfully acquired the entire trade and assets of Single Cask Nation, a renowned US-based bottling brand. The deal, structured with an initial payment and a potent

North Sea oil and gas operator Ithaca Energy has announced the departure of its chief executive officer, Alan Bruce, who led the company through its successful IPO in November 2022. Effective immediately, the board has appointed Iain Lewis, the chief financial officer, as the interim CEO while activ

The UK house prices have rebounded and registered a 1.1% increase in December, marking the third consecutive monthly rise, according to the latest Halifax House Price Index.