News

Angus Council has launched its small to medium enterprise (SME) Start and Grow Business Grant Scheme. Funded by the UK Government’s Shared Prosperity Fund, grants ranging between £500-£7,000 are available to eligible businesses to offer financial support under six key themes:

A Scottish primary school teacher has gone from being forced to take a career break due to long Covid to picking up a national award for her new music and movement franchise. Mairi Curle took on franchise business Boogie Beat for Edinburgh, Mid and East Lothian at the beginning of 2023, having taken

Drinks giant Diageo has reported its first decline in global sales since the pandemic, however, the UK defied the trend, thanks to a surge in popularity of Guinness and related products. Sales of Guinness and its variants, such as Guinness 0.0 and Nitrosurge, soared in the UK, leading to a 5% increa

St James’s Place (SJP), the UK's largest wealth manager, has staged a dramatic comeback after a turbulent period. Despite a plummeting share price, since 2022, and a £426 million customer refund scandal, SJP's newly announced £500m cost-cutting programme and better-than-expected ha

The rules governing financial services could be streamlined to reduce burdens on businesses, following a review launched by the Financial Conduct Authority (FCA). The move comes after the introduction of the Consumer Duty, which makes sure that businesses deliver good outcomes for consumers when the

The number of companies in Scotland filing for administration during H1 2024 has dropped by 15% compared to the corresponding period last year, according to figures from Interpath Advisory. Analysis of notices in The Gazette by Interpath shows there were 28 administrations in Scotland in the first s

The Financial Reporting Council's (FRC) Annual Review of Audit Quality revealed a disappointing performance from BDO and Forvis Mazars, whose audit results fell significantly below expectations. The results are based on a risk-based sample of the audits undertaken by 'Tier 1' audit firms, which

A fund to help businesses, charities and other organisations adopt fair work practices has opened for applications and has been launched at McAllister Litho Glasgow. Grants are available to implement changes such as the delivery of workplace training and processes that support flexible working and h

Aberdeen-headquartered Spirit Energy has appointed Nick Harrison as CFO. Mr Harrison joins the firm with more than three decades of experience working within the energy sector, having previously held positions with Repsol Sinopec, Talisman Energy and Shell.

Aberdeenshire-based engineering firm Brimmond has posted a 74% increase in turnover for 2023-24, reaching £11.4 million – surpassing its forecast of £10m. A number of high-value contract wins across multiple sectors have contributed to this exceptional financial position:

Professional services firm Hutcheon Mearns has strengthened the roll-out of its growth strategy with the appointment of Dougal Bennett as a non-executive director. Mr Bennett is a highly experienced figure in private equity, and he joins Hutcheon Mearns to support the firm’s rapid scale up, bo

The famous gold bikini worn by the late Carrie Fisher as Princess Leia in Star Wars has sold at auction for $175,000 (£136,000).

A Former Dundee pub boss has been banned by The Insolvency Service from acting as a company director for 11 years due to misuse of Covid bounceback loans (BBL). Philip Donaldson, 41, a director of Macmerry 300 Ltd, secured two £50,000 loans intended for pandemic recovery, which he then transfe

Glasgow-based foodservice wholesaler, Lomond Fine Foods, has expanded its Port Dundas headquarters by 12,000 sq ft to meet surging demand. The family-run business, which supplies deli items, seafood, and bakery treats to 2,500 customers, has doubled its storage capacity at its 36,000 sq ft Port Dund

North Sea Midstream Partners (NSMP), a player in the UK energy sector, has relocated its Aberdeen team to the prestigious Marischal Square. NSMP has moved to the Grade A building, which is the most environmentally-friendly office in Aberdeen, where it will be closer to customers and stakeholders, ce