News

SME business finance loans and asset-based solutions firm Reward Finance Group, which has an office in Edinburgh, has secured an additional £50 million to its credit line from the alternative investment manager, Foresight Group. This increase reflects Reward’s swift expansion &ndash

Many employers are finding it challenging to motivate their Gen Z workforce and are adapting their training methods to better meet the needs of their younger cohort, according to new research from Grant Thornton UK LLP. The research, which analyses the responses of 2,000 people aged between 16

Provider of global payroll and HR solutions activpayroll has acquired LIMES International, a firm headquartered in the Netherlands and specialising in global mobility, tax, HR advisory, and payroll management, for an undisclosed amount. This acquisition augments activpayroll’s global mobility,

Despite facing hurdles such as rising costs, staffing issues, and legislative changes, Scotland's hospitality sector has significant opportunities for growth and expansion, according to financial experts from the Cumberland Building Society, Harper Macleod LLP, EQ Accountants LLP, and Graham + Sibba

Northern Irish private investment firm Wirefox has expanded its leisure portfolio with the purchase of the Ducks Inn in East Lothian.

Scotland has experienced a 4.8% rise in corporate insolvency numbers (comprising liquidations and receiverships) for Q2 2023-2024, reaching 283 cases, in comparison to the same quarter in the preceding year, according to data released by Accountant in Bankruptcy. This reflects a substantial 19.

Scottish financial advisory firm Carbon Financial Partners is poised for acquisition by Leeds-based professional services company Progeny for an undisclosed sum. The acquisition is set to boost Progeny’s assets under management by £600 million. Regulatory approval from the Financial Cond

Accountancy firm Johnston Carmichael has intensified its commitment to fostering talent by welcoming 90 new students to the firm.

Wikipedia has received a controversial offer from billionaire Elon Musk to rename itself in exchange for $1 billion. He asked the platform to rename itself to "Dickipedia". This peculiar offer follows Mr Musk's criticism of the Wikimedia Foundation's fundraising methods, questioning why the non-prof

Edinburgh-headquartered pharmaceutical firm Kelso Pharma has expanded its portfolio with the acquisition of two UK approved dermatological products, marking its debut in the treatment of actinic keratoses and plaque psoriasis. The two dermatology products were purchased from an organisation within t

PwC's global firms have reported a record revenue of $53.1 billion (around £43.5bn) in the financial year ending 30 June 2023, marking a 9.9% growth in local currency. This achievement comes despite the exclusion of the Russian firm from the network and the sale of the global mobility and immi

Scottish oatcake producer Nairn's has appointed a new managing director, Colin Dingwall, and a new marketing director, Kevin Butterworth. Mr Dingwall is currently Nairn’s finance director and is stepping up to the top job in May 2024. Previously, he was director of finance and investor relatio

Law firm Burges Salmon, which has a major office in Edinburgh, has reported an 8% increase in turnover to £128.2 million in the latest financial year. In the financial year ending 30 April 2023, the firm also saw a dip in profit per equity partner (PEP) from £517,000 to £466,000 as

Alba Bank, founded by Scottish entrepreneur Jim McColl, has partnered with ClearBank, the enabler of real-time clearing and embedded banking, to manage payments for its customers. Alba Bank will be leveraging ClearBank and Mambu's partnership to offer near real-time payments to its customer base and

Risk control and assurance software and services provider STC INSISO has appointed five professionals in its commercial and technology innovation departments, underscoring its global expansion focus. Three new recruits have been added to the commercial team with Euan Henderson joining as busine