News

Stewart Milne Group left creditors in the lurch with debts to the tune of a nine-figure sum at the time of its collapse, according to new documents filed at Companies House by administrators.

Knight Property Group has announced that construction now underway on a prime 0.44-acre plot in Westhill, Aberdeenshire, as the property firm continues its activity in the speculative development landscape across the North East. The project is situated adjacent to a forthcoming Wickes store, al

Glasgow-headquartered business advisory firm Craig Corporate has promoted Ross McAdam to the position of director. Mr McAdam, who has been part of the Craig Corporate team since 2019, will continue to lead the firm’s service provision. Recently, he was engaged as the interim CFO for a post-ser

A funding package has been agreed to secure an estimated £350 million in inward investment for a major energy industry expansion in the Highlands. Sumitomo Electric UK Power Cables Ltd (SEUK), a subsidiary of Japanese company Sumitomo Electric Industries Ltd (SEI) is planning to establish

Aberdeenshire-based Acumen Accountants has expanded its reach with a key merger south of the border. As a result, the growing company has bolstered its management team with the appointment of Andrew Wilson as a new director.

Bank of Scotland-owner Lloyds Banking Group has earmarked £450 million to cover potential fines and compensation related to an ongoing investigation by the Financial Conduct Authority (FCA). The FCA is scrutinising whether consumers were charged inflated prices for car loans, focusing on loan

Edinburgh-headquartered vaping retailer VPZ has announced that it plans to open 23 new stores by the middle end of 2024. The new stores will offer specialist stop-smoking advice, sustainable products and a recycling service in new locations throughout England, Wales, and Scotland, increasing the spe

A distillery and visitor attraction in Kintyre has announced it is expanding its capacity to accommodate more activities to build on the success of its growing events programme. Beinn an Tuirc Distillery has secured up to £21,740 from Highlands and Islands Enterprise (HIE) to support the move.

Property developer Downing is to redevelop the former Scottish headquarters of Reach PLC after acquiring the site in a multi-million-pound deal.  The 150,000 sq ft office building, previously housed Scottish titles including the Daily Record, Glasgow Live, Sunday Mail and Scottish Daily Mi

Independent property consultancy Galbraith has appointed Kerry Harvey and Andrew MacLachlan, who join the firm as associate and senior surveyor respectively, both working in the growing commercial property management team. Based in the firm’s new headquarters on George Street, Edinburgh, Kerry

Amnesty International has called for a fund to remedy the harms faced by communities affected by climate change to be established after higher-income states missed a deadline to nominate their representatives to its board. Following the hottest year ever recorded globally the need for action is "acu

Accountancy firm Henderson Loggie, with a history of supporting gaming companies over three decades, has released a comprehensive guide tailored for video games start-ups. With insights from industry veterans, it offers actionable tips to turn a fledgling gaming business into a success story. It not

Edinburgh-based luxury accommodation pod manufacturer Armadilla is set to increase production by 120 % with a move into a new factory following a year of exceptional growth. Previously based in Rosewell and Bonnyrigg, the company has just acquired a 42,000 square feet production facility in Dalkeith

A terrace of eight energy-efficient industrial and distribution units with yard accommodation next to Aberdeen Airport has been brought to market for lease or purchase by Clowes Developments, following a major refurbishment programme.

Watermans is to represent former Clackmannanshire sub-postmaster Rab Thomson as he pursues compensation from the Post Office following his wrongful conviction for embezzling money. Mr Thomson, 64, was found guilty in 2006 after an audit showed an apparent shortfall of nearly £6,000 at his Camb