News

Edinburgh-based Murray Capital, a family-run business led by David and Keith Murray, has posted a profit before tax of £4 million for its latest financial year. The firm has a diverse portfolio of interests. Its principal activities are the provision of metal stockholding, processing and distr

Factors Direct, the property factoring company launched earlier this year by Glasgow-headquartered Cairn Group, has acquired Clyde PM, the factoring arm of estate agent Clyde Property, and the Scottish arm of Glasgow-based Nationspaces Developments which operates across all aspects of property manag

The UK government has set out plans for a fresh crackdown on companies dodging strict trade sanctions, including those imposed following the Russian invasion of Ukraine last year. A new Office of Trade Sanctions Implementation (OTSI) is to be established in early 2024 with responsibility for the civ

In a significant boost for Edinburgh's economy, the Edinburgh International Conference Centre (EICC) has achieved its strongest ever pipeline by securing 40 major conferences and events for the next 12-36 months. This record-setting pipeline is expected to bring approximately 20,000 delegates to the

A construction team in Ohio has moved an apartment building from one part of a town to another. The apartment building in Findlay was previously on Grand Avenue near the YMCA, and it was moved to West McPherson Avenue to serve as the bones for a new apartment project.

KPMG has entered discussions to merge its UK and Swiss operations in a move that could significantly impact the firm's growth and profitability.

The board of Smart Metering Systems (SMS) has received a cash acquisition offer from American global investment firm KKR worth over £1 billion.

The Medical Device Manufacturing Centre (MDMC), a consortium led by Heriot-Watt University in Scotland, has received a significant financial boost with an additional £3.35 million funding from Scottish Enterprise. This investment, announced by the Scottish Government’s Cabinet Secretary

November marked a significant turnaround in Scotland's recruitment sector with a renewed rise in hiring activity, as revealed by the Royal Bank of Scotland Report on Jobs.

Craig Herd, a product analyst at Sainsbury’s Bank based in Cumbernauld, has been named the UK Young Banker of the Year 2023. The prestigious award ceremony took place on 7 December 2023 at London's Mansion House. Initiated in 1987 by the Chartered Banker Institute, the awards honour individual

As the private sector in Scotland braces for a wave of wage and benefits discussions in early 2024, businesses are being cautioned about the risks of losing staff to insufficient pay increases. Jane Watson, head of prism HR, the human resources consultancy operated by Scottish legal firm Lindsays, i

Aberdeenshire-based Acumen Accountants has enhanced its market presence in Northeast Scotland through the acquisition of Graeme Munro & Company Ltd. The six-figure deal, which was prompted by founder Graeme Munro's retirement, was finalised on 24 October 2023. All four of the remaining staff hav

The Easdale Investment Group, under the ownership of brothers Sandy and James Easdale, has further expanded its property portfolio in Scotland with the acquisition of a new industrial unit in Renfrew. The site, located at Meadowside Street within the Neil Street Industrial Estate, was previously hel

Nearly half of firms in Scotland have either postponed or abandoned their investment plans in the last year, the latest Addleshaw Goddard Scottish Business Monitor (SBM) reveals. This trend accompanies a general downturn in business activities, as more companies report a decline rather than an incre

Chartered accountant Stuart Wallace is to be the next group chief executive of Forth Ports after Charles Hammond OBE announced he will step down from the role next summer. Over the next six months, Mr Hammond will work closely with Mr Wallace, currently the company's chief operating officer and a bo