News

Scottish Gas Networks (SGN) has confirmed the appointment of Simon Kilonback as its new chief financial officer. Mr Kilonback has over 25 years' experience in senior finance roles, notably in infrastructure and utility businesses. He spent five years as Transport for London's CFO, during which he wa

Confidence among the finance leaders of the UK’s largest firms has dipped in the second quarter, partially unwinding the sharp rise in sentiment seen in Q1 2023, according to Deloitte’s UK CFO Survey Q2 2023. A net -10% of CFOs are more optimistic about their firm’s financial prosp

The Artisanal Spirits Company, the owner of the Scotch Malt Whisky Society (SMWS), has hailed strong performance in the first six months of this year.

Edinburgh-based investment manager Foresight Group has invested in UK-based agriculture company Harvest London, aiming to drive the growth of the vertical farming industry. The deal was advised by the corporate team at law firm Burges Salmon, led by partner Danny Lee and solicitor Nikoletta Zinonos.

BrewDog has revealed a major expansion strategy that will triple its bars and hotels operation to approximately 300 venues by 2030.

The a new study has revealed that two fifths of Scottish fintech firms foresee potential failure by the end of 2023, fuelled by inflation and interest rate challenges. The research by FRP Advisory shows that unease is most significant within the financial technology hubs of Edinburgh and Glasgow, wh

HM Revenue & Customs (HMRC) has disclosed that nearly 25% of the funds provided through a multi-billion-pound tax relief scheme, aimed at spurring research and development (R&D) in small to mid-sized companies, was lost to error and fraud between 2020 and 2021. This figure, marking one of th

ZLX Business Solutions, a research and development (R&D) tax credit specialist, and independent financial advisor, Ascot Lloyd, have agreed to deliver complementary services to offer financial peace of mind to businesses operating across the UK. The partnership will result in greater depth of pr

The annual report of the HMRC Charter, released today, has revealed that poor service levels are hampering HMRC's ability to achieve its Charter standards, according to the Chartered Institute of Taxation (CIOT) and the Institute of Chartered Accountants of Scotland (ICAS). Both institutions are mem

Joint liquidators from FRP Advisory have been appointed to Midnight Sun Festivals Limited, the promoter of the festival of the same name. The festival was slated to take place in Stornoway from 25 to 27 May, but was cancelled due to a slew of unforeseen operational and logistical challenges. The fir

Scottish Dental Care has appointed Donna McBurnie as its new finance director. Ms McBurnie, with over two decades of experience in financial roles across various sectors, including drinks retail, hospitality, and banking, brings a wealth of expertise in financial analysis, budgeting, and risk manage

An Apple iPhone from 2007 has sold for $190,000 at auction. The first edition unopened 4GB model was sold by LCG Auctions in the US, attracting 27 bids and selling at nearly 400 times its original price.

Chris Tate, a restructuring and recovery expert at Azets, has said that new financial pressures are continuing to drive business failures across the UK, with the hospitality sector most vulnerable to stubbornly high inflation – causing a "perfect storm to brew". The warning comes as new monthl

Finance provider Bibby Financial Services (BFS) has appointed Gayle Robertson as business development manager as it continues to drive new business volumes throughout Scotland. With almost two decades of experience in banking and commercial finance, Gayle Robertson joins from Lloyds Banking Group wh

A former lawyer who embezzled £120,000 from a pensioner suffering from dementia and living in a nursing home has been jailed for two years.