Scotland has witnessed a 16% decrease in registered company insolvencies in September compared to the same period in the previous year, according to the latest statistics from Companies House. The total insolvencies included 30 compulsory liquidations, 52 Creditors' Voluntary Liquidations (CVLs), an
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Scottish hire company Eagle Hire has invested £4 million in a deal with Glasgow-based Scot JCB, acquiring a new fleet of JCB machinery ranging from JCB dumpsters to JCB 86C-2 midi excavators. Eagle Hire’s order of 127 state-of-the-art JCB machines, all equipped with the latest stage V en
Suspected fraudsters who are alleged to have bought 20 bottles of fine French wine with €95,000 (around £82,000) in fake banknotes have been arrested – but the bottles are believed to be lost. The two men and a woman are accused of swindling a Parisian wine merchant out of 18 bottle
It’s a rivalry that has kept football fans on the edge of their stadium seats for almost 150 years – that between Edinburgh’s Hibernian FC and Heart of Midlothian FC. And now that competition is set to hit the golf course as footballing legends from Hibs and Hearts prepare to tee o
Accountancy firm Johnston Carmichael has welcomed Bryan Shepka, financial services audit and assurance partner, and Gillian Boston, director into its rapidly growing, specialist financial services team. Mr Shepka joins the firm as an audit and assurance partner, bringing extensive experience in the
Former F1 boss Bernie Eccleston has been ordered to pay £650 million after he pled guilty to trust fund tax fraud.
Companies must prepare for a new law that will impose greater demands on verifying the identity of their directors and connected businesses, experts at Edinburgh-headquartered legal firm Lindsays have warned. An impending new law means that Companies House will impose more stringent measures on conf
THREE60 Energy, an energy services company based in Aberdeen, has acquired fellow Scottish firms Pryme Group and Flexlife, in a significant move to form a £200 million global enterprise with extensive industrial diversification and immense growth prospects.
The Scottish National Investment Bank (SNIB) has today announced a £2.6 million investment into cybersecurity expert, Cyacomb. The Edinburgh-based tech company has developed software to detect and block harmful online content that is 100 times faster than any existing search tool.Cyacomb will
The UK economy has demonstrated a slight recovery with a 0.2% month-on-month increase in GDP in August, a modest upswing following July's significant 0.6% decline, according to the latest ONS figures.
The Uile-bheist Distillery and Brewery has contributed to the revitalisation of Inverness, attracting over 3,000 visitors in August alone since its formal opening to the public in June. The £7.5 million facility commenced production of Highland whisky and craft beer in February, and now it has
A collection comprising ceramic cats created by British artist Louis Wain has sold for £27,000 at auction.
Loganair has been named Airline of the Year for 2023 by the European Regional Airline Association (ERA).
Chivas Brothers, the Pernod Ricard business dedicated to Scotch whisky, has revealed its plans to further develop and expand its Kilmalid bottling site.
KPMG has been slapped with a record £21 million fine by the Financial Reporting Council (FRC) over its mishandling of the audits for Carillion, the government contractor that collapsed in 2018.