News

Over 90% of financial services firms are considering mergers and acquisitions as a means of growth, according to Johnston Carmichael. More than two in five respondents to the firm's 2024 Financial Services Survey identified M&A as a major part of their growth strategy, while 52% said they would

Against the backdrop of the first Labour budget in 14 years and the pressures of the wider economy, Savills has released its latest analysis of the Scottish prime property market. Cameron Ewer, head of Savills residential in Scotland, said: "The Scottish prime market has been adjusting to wider econ

CT has appointed Karen McBride CA its newest director, who will join the firm's accounts and business advisory (ABA) division in its growing Glasgow office. With a strong focus on technology companies and other start-up businesses, Ms McBride will support the growth and development of the ABA team i

Aberdeen-based home improvement company Bon Accord Glass has undergone a management buyout (MBO) as it marks its 50th anniversary. Long-standing directors Colin Kinghorn and Martin Allan, with a combined 75 years of experience, have passed the reins to a new generation of leaders within the company.

Rettie has expanded its executive team with Alan Cumming joining the property firm in a newly created role, head of sales and financial services, to focus on growth and operational efficiencies. Mr Cumming previously spent two decades at Aberdein Considine, most recently as national estate agency di

Edinburgh-based fintech Zumo, a digital-assets-as-a-service platform, and United Arab Emirates-based bank Commercial Bank International (CBI) have signed a memorandum of understanding (MOU).

Motherwell's Ruben's Pet Store, specialising in natural raw dog food and accessories, has seen a 150% increase in turnover after receiving support from Business Gateway. Sisters and owners Julie Clifford and Frances Pinkowski used a £17,500 grant from the North Lanarkshire Business Growth Fund

Fife-based commercial laundry firm Fishers has returned to profitability after a four-year gap, posting pre-tax profits of £3.8 million for 2023. This follows a loss of £608,000 in 2022 and the challenges brought on by the pandemic, which saw the company lose 90% of its trade and tempora

Aberdeen-based FrontRow Energy Technology Group has appointed Steve Kent as its new CEO. The move strengthens the board as the company, which includes Unity, DTI, Well-SENSE and ClearWELL, prepares for significant international expansion.

Growth capital investor BGF has completed a successful exit from Aberdeenshire-headquartered Keenan Recycling.

Westhill-based construction firm CHAP Group (Aberdeen) Ltd is expanding its civil engineering operations with the agreement to acquire A&A Civils Limited. The acquisition is expected to help boost CHAP’s annual revenues to over £80 million.

A revised financial forecast for the Highland Council, taking account of already agreed savings and other measures, suggests a remaining budget gap of £38m-£54m over the coming three years. As part of the council’s medium-term financial plan, agreed in February 2024, the council ag

CMS has promoted Laura West to partner in its infrastructure, construction and energy disputes (ICE Disputes) practice. Ms West is dual-qualified in Scots and English law and is a Law Society-accredited specialist in construction law. She teaches construction law to postgraduate students at the Univ

Bacardi, the family-owned spirits giant, has invested millions in two of its whisky distilleries and one warehouse in Scotland to meet growing global demand. Most recently, the company added three new state-of-the-art aging warehouses at its 200-acre blending and maturation centre at Poniel in south

Thorntons has been awarded a new three-year contract by City of Glasgow College – Scotland's largest technical and professional skills education provider. Thorntons has been providing legal counsel to the college since 2016, expanding its services to include data protection officer (DPO) respo