News

Orkney Fishermen's Society, a supplier of crabs, lobsters, and fresh seafood, has been sold out of administration by joint administrators Michelle Elliot and Callum Carmichael, partners with FRP Advisory, to Orkney Crab Ltd, a subsidiary of PDK Shellfish Ltd, in a deal that saves the jobs of all 55

Jean-Claude Van Damme, the famed "Muscles from Brussels", has stepped into the world of spirits with the launch of his co-owned Irish whiskey, Old Oak.

The Scottish Government has unveiled its strategic implementation plan to reinforce its cooperation with the business sector, based on recommendations from the New Deal for Business Group. This initiative, geared towards bolstering policy formulation and creating a wellbeing economy, will unfold ove

Scottish energy firm Aurora Energy Services Ltd has expanded its international footprint with the acquisition of Cotech Group, a US wind turbine blade repair and maintenance specialist. The deal – for an undisclosed sum – is the fourth and largest acquisition to date by Inverness-ba

Scottish spirits manufacturer Gin Bothy is expanding its artisanal horizons with the introduction of Bothy Butter, a hand-crafted butter that resurrects a cherished local tradition in Angus. Gin Bothy was founded in 2015 by "accidental gin-maker" Kim Cameron from her bothy kitchen in Kirriemuir, in

Employee-owned Woollard & Henry has celebrated 150 years of continuous business. The company, based at Stoneywood Park in Dyce, has strong roots in the paper sector, manufacturing and servicing Dandy Rolls for paper mills. The Dandy Roll is the device that inserts watermarks in paper.

Morton Fraser has been reappointed by two key players in the SIPP and SSAS market, XPS Self Invested Pensions and Barnett Waddingham. Morton Fraser has featured on XPS Self Invested Pensions Scottish panel of solicitors for the past eight years. The firm has previously supported the business’s

Gilson Gray has appointed Ben Finnie as regional sales manager and Charlotte Caird as property manager in Dundee. Mr Finnie brings a wealth of experience, having spent the past eight years in management roles across the Dundee property market, including at Thorntons. He joins the firm from boutique

Advanced space camera technology firm Metahelios has been named as one of the 12 new ambassadors for the Start Up Loans programme, an initiative of the British Business Bank. The programme has delivered more than £63 million of loans to 6,900 Scottish start-ups, at an average value of £9

Responsible finance provider SIS Group has seen a return to ‘business-as-usual’ as resilience funding decreased and demand for other funds reached near pre-pandemic levels, as detailed in its latest annual report. During the financial year ending 31 March 2023, the group, encompassing So

The Scottish property market is due to follow the same trajectory as England and Wales, experiencing a slowdown as housing supply remains steady but consumer ability to buy continues to be restricted, according to Landmark Information Group’s latest property trends report.

Amid a challenging economic backdrop and a slump in the deals market, KPMG has announced it is instituting new austerity measures within its UK operations. The firm is set to slash around 110 positions in its deal advisory department, constituting approximately 7% of the sector's nearly 1,700 person

Scotland has witnessed superficial growth in retail sales, increasing by 6.1% in the five weeks leading up to 30 September 2023, compared to the same period in 2022, slightly down from the previous year’s 6.5% growth. However, when adjusted for the prevalent inflation, with both the SPI and CP

Scotland is poised to issue its own government bond for the first time, a move set to finance critical infrastructure projects. First Minister Humza Yousaf disclosed plans for the bond's issuance by the culmination of the current parliamentary tenure, following comprehensive due diligence and analys

CPI Inflation in the UK has remained steady at 6.7% in September, defying the Bank of England's prediction of 6.9%. This consistent figure, primarily influenced by a rise in petrol costs counterbalanced by a decrease in food prices, reinforces expectations that the Monetary Policy Committee (MPC) wi