News

The Scotch Whisky Association (SWA) has secured certification trademark status for 'Scotch Whisky' in Hong Kong, ensuring that only whiskies produced in Scotland following strict guidelines can be labelled as such.

Private businesses in Scotland have accumulated and now hold an average daily balance of £50 billion in their bank accounts, according to recent data from Azets. While this vast sum primarily reflects the normal ebb and flow of cash into and out of bank accounts, the magnitude indicates that m

Glasgow-based Simple Online Healthcare, trading as Simple Online Pharmacy in the UK, has increased revenue by 56%t to £24.3 million in the year to 28th February 2023 (2022: £15.6m), while near doubling headcount to 99. During the year, the company expanded operations across the UK, Germa

The North British Distillery (NBD) has released a uniquely packaged run of 60-year-old Single Grain Scotch Whisky, with all proceeds going to charity. Distilled in 1960, the liquid for this rare expression comes from a single cask, which lay resting in the NBD warehouse in the outskirts of Edinburgh

Small to medium-sized financial services firms in Scotland will be offered greater access to new technology to boost their business, as part of a first-of-its-kind £1.8 million programme to accelerate innovation.

Consilium Chartered Accountants has acted for the shareholders of JWF Process Solutions as Nevis Capital acquired a significant stake in the Glasgow-based specialist engineering firm. JWF – specialists in measurement and instrumentation products and services for the oil and gas, petrochemical,

Michael Reid, of Meston Reid & Co, has been appointed liquidator of Huntly and District Ex-Servicemen’s Club - a once-thriving historic social club. Huntly and District Ex-Servicemen’s Club closed its doors at the end of March this year. The venue had been in operation since it was r

Aberdeen chartered accountancy firm Meston Reid & Co has hit new heights for charity.A daredevil team from the practice took part in The Big Hop Bungee at Aberdeen Beach. Six colleagues bravely took the leap of faith from the 160ft crane, so far raising £1,166 in aid of Clan Cancer Support

DM Hall, the Scottish independent firm of chartered surveyors is to incorporate the branding of its Bridge of Allan-based rural property specialist arm, Baird Lumsden. DM Hall’s managing partner, John McHugh, said: “We have recently signed a contract with a web design agency to improve o

In a bid to remain listed on the New York Stock Exchange (NYSE), US-based office space firm WeWork has announced a reverse stock split. The company will replace 40 of its current shares for a single new share, aiming to elevate its share price above the NYSE's required $1 benchmark.

Graham’s Family Dairy has announced the launch of 15 new lines at Asda stores across Scotland, which commenced last month. The expansion includes three innovative products, marking their debut in the market. Among the introductions are the Confectionary Protein 22 pots available in three flavo

HM Revenue and Customs (HMRC) has paid out over £500,000 to whistleblowers who exposed tax fraud in the last fiscal year – an incremental increase from £495,000 the preceding year, but a significant 75% more than the £290,000 disbursed five years prior, according to law firm

A more comprehensive review of the Charities and Trustee Investment (Scotland) Act 2005 is needed, the Institute of Chartered Accountants of Scotland (ICAS) has argued. The call comes after the Charities (Regulation and Administration) Act 2023, with relatively limited reforms, received Ro

Michelle Elliot and Simon Carvill-Biggs, partners with FRP Advisory, have been appointed joint administrators of long-established steelwork and cladding design, fabrication and installation business, Border Steelwork Structures Limited. Founded in 1978 and with its registered office in Annan, Dumfri

Glasgow-based food tech firm ENOUGH has successfully raised €40 million (£34.2m) in a recent growth funding round. The funding was co-led by Europe's renowned climate tech venture capitalist, World Fund, and prominent food tech investor, CPT Capital. Notable investors such as AXA IM Alts,