News

Scotland’s £7.3 billion dealmaking sector could be forfeiting approximately £10 million in recoverable VAT every year for costs such as professional fees that are not being reclaimed, according to new research into the UK’s M&A sector by Azets. The accountancy firm estima

Specialists in owner-managed businesses Consilium Chartered Accountants advised Hamilton Robertson Insurance Brokers (HRIB) on its acquisition by Greenwood Moreland. Continuing a long-standing business relationship, HRIB retained Consilium corporate finance partner John Blair as lead advis

Unity Trust Bank, which supports organisations to deliver positive social impact, has been named by The Sunday Times in its annual Best Places to Work Awards. The list recognises and celebrates the UK’s best employers, based on feedback from employees and an independent assessment of six key a

Following consents for two 30MWp solar farms in Scotland earlier in 20224, greentech is committing further investment and growing its presence in Scotland, with plans for a number of new sites to be announced later this year.

This week (15-17 May) the Scotch Whisky Association (SWA) will visit Washington DC and, alongside the Distilled Spirits Council of the United States (DISCUS), meet with members of Congress and partners in the United States with 25 months remaining to avoid the reinstatement of the 25% tariff on Sing

Public ownership in NatWest Group, owner of the Royal Bank of Scotland, has dipped below 27% for the first time since its bailout in 2008. The Treasury disclosed the sale of 0.98% of its shares, reducing its holding to 26.95%, as part of an ongoing trading plan.

Emirates will return to Edinburgh this year as it resumes its service between the capital and Dubai.

Output for Scotland's private sector grew marginally in April, along with the third consecutive monthly rise in new business, according to the Royal Bank of Scotland Business Activity Index. The seasonally adjusted index, that measures the month-on-month change in the combined output of th

Accountant and business adviser CT has promoted social housing sector specialist Stuart Beattie, who moves into the role of director. Mr Beattie, who is also the firm’s head of RSLs, joined CT in 2005 as a trainee and has since developed his expertise within the Scottish social housing sector,

Gilson Gray Financial Management (GGFM) has promoted Emma Bradbury to chief operating officer. Ms Bradbury has been with the firm since it was first set up 10 years ago and has held several roles during that time supporting its expansion, including her most recent position as operations director. As

Haventus, the energy transition facilities provider, and owner of Ardersier Port, east of Inverness, has secured a £100 million joint credit facility from the Scottish National Investment Bank (the Bank) and UK Infrastructure Bank (UKIB) with £50m investment from each. The financing foll

A painting by George Stubbs is to be sold at auction for only the second time in its history.

Partners at DAC Beachcroft’s Glasgow and Edinburgh offices have chosen Louise Gallagher as the new location head for DAC Beachcroft in Scotland. Partner in DACB's Glasgow office, Ms Gallagher became part of DACB in 2019. She started her three-year tenure began on 1 May 2024, succeeding Jo

The UK economy has signalled a recovery after two years of stagnation as 0.6% growth was recorded for Q1. Growth in March surged by 0.4%, following a 0.2% rise in February, resulting in a quarterly growth of 0.6%. The expansion was predominantly driven by the services sector, with manufacturing also

Japanese police have apprehended a yakuza boss suspected of stealing Pokémon cards. Keita Saito, a 39-year-old kanbu (leader) of the Takinogawa family, part of the Sumiyoshi-kai crime syndicate — the second-largest yakuza group in Japan — was arrested in late April.