News

British Growth Fund (BGF) has marked another successful year in 2023, with its Scotland and Northern Ireland team delivering five profitable exits and injecting £33 million into the local growth economy. In total, BGF backed 44 new businesses and invested £430m across the UK and Ireland

Scottish pension provider @sipp has successfully undergone a management buyout (MBO) led by managing director Eddie McGuire and finance director Steve Lancaster. The entire share capital of @sipp Limited has been acquired for an undisclosed sum by @sipp Group Holdings Limited, a holding company set

Five prominent figures in Scotland's printing industry have joined forces to launch Spirit Label Solutions, a brand new premium spirit label production company. The firm was created in response to growing demand from the flourishing craft whisky and gin sector. CEO Alex Mulvenny, MD Tom Lightbody, a

Inverclyde-based Ardgowan Distillery, set to unveil its £20 million ‘cathedral of whisky’ by the end of 2024, has bolstered its team with the appointment of industry veteran Paul Currie as chairman. With 30 years’ experience founding successful independent distilleries includ

A set of Winston Churchill's false teeth are to be sold at auction next month.

James Scott and Sons, the Scottish manufacturer of commercial kitchens, is ready to embark on an exciting new chapter thanks to a £450,000 grant secured by Consilium Chartered Accountants. The grant, awarded through Scottish Enterprise's Regional Selective Assistance (RSA) programme, will fuel

A Scottish Parliament committee has expressed its concern with proposals to support people experiencing mental health issues and struggling with debt. The Bankruptcy and Diligence (Scotland) Bill proposes introducing a “mental health moratorium” – meaning people suffering from poor

Aberdeenshire-based project management and integration company Camm-Pro, has secured a multi-million-pound contract with bp to deliver a major new piece of the UK’s energy infrastructure.

The number of Scottish businesses experiencing advanced or "critical" financial distress rose by 26% in the last quarter of 2023, according to independent business rescue and recovery specialist Begbies Traynor. The figures, which are in line with the UK as a whole, are included in the company's lat

Proposals by Dublin-based Dalata Hotel Group for a £50 million hotel in Edinburgh have moved to the planning stage. A four-star Clayton hotel consisting of 167 rooms is planned for the site at 28 St Andrew Square.

Property development company S Harrison has agreed a forward funding deal with Singapore-headquartered Q Investment Partners (QIP) to deliver two major new purpose-built student accommodation (PBSA) schemes in Edinburgh. S Harrison secured planning permission in late 2022 for a project on East Newin

Pop star Madonna is being sued by two concertgoers because she started her show two hours late. New York City men Michael Fellows and Jonathan Hadden bought tickets for Madonna's show last month. It was due to begin at 8:30 p.m., but Madonna did not take to the stage until after 10:45pm

More than 38,000 start-ups were launched in Scotland in 2023, according to new research from R3, the UK’s insolvency and restructuring trade body. R3’s analysis of data provided by Creditsafe shows 38,313 firms were set-up in Scotland in 2023 – a rise of 12.1% from 2022’s tot

Judges have ruled that Walkers must pay VAT on its mini poppadoms because they are really just crisps. The snack giant had argued that that its Sensations Poppadoms were not crisps and should not attract sales tax.

Scottish accountancy firm Henderson Loggie has elected Shona Campbell as its new chair, succeeding Alan Davis following his successful eight-year tenure. Ms Campbell leads Henderson Loggie's business recovery and insolvency team and has 25 years’ experience advising businesses across Scotland.