News

Michelle Elliot and Callum Carmichael, partners with FRP Advisory, have been appointed joint administrators of Bonar Yarns Limited, the Dundee-based manufacturer of specialist polypropelene carpet backing yarns.

Law firm MBM Commercial has appointed Michelle Bush and Laura Donald, two senior US qualified attorneys to the firm’s Edinburgh office, strengthening the firm's US commercial law team. Ms Bush has recently moved to Scotland from Maine, where she spent 14 years practicing as an employment attor

Robertson Group, a family-owned construction, development and support services business, has reported a revenue of £616 million for the 12 months to 30 June 2022, up from £588m in the previous year. The company's profit before tax was £20.5m, up 21.3% from the previous year's &poun

Fraser of Allander Institute has forecast a -0.7% contraction in the Scottish economy in 2023, returning to 0.9% annual growth in 2024. Uncertainties have increased due to concerns in global financial system and persistently high inflation. Lack of clarity on annual impacts on Scottish Budget and UK

Scottish business confidence rose to 38% in March, a 24-point increase, as per the Bank of Scotland Business Barometer.

Glasgow’s city centre St Vincent Street has reached full occupancy after a 25% vacancy rate shrank to 0% in two years, Savills reports. The international real estate advisor says the arrival of new occupiers — with Trailfinders as the latest — is transforming the streetsc

Techscaler has partnered with Reforge to launch its first scaleup programme, with 17 member organisations joining the cohort. Reforge will deliver advanced training to help established companies gain traction and scale, while Techscaler — the Scottish Government’s £42 million

Swedish vodka-based schnapps brand Flävar, known for their indulgent spirit drinks, has launched a range of flavoured lickable vodka wallpaper designs.

“Baffling” VAT food and drink rules which see milkshake powders taxed differently according to their flavour should be reformed, says the Association of Taxation Technicians, as the tax celebrates its 50th anniversary on Saturday. Chocolate flavoured powders attract zero VAT while strawb

Specialist firm Turcan Connell has today announced the promotion of 23 professionals including two legal directors, Mark McKeown and Heather Bruce and one tax director, Iain Alexander.

Law firm Aberdein Considine has partnered with Scottish youth football player representative Darren Walker as it continues to strengthen its sports law practice. Mr Walker, who acts for many promising young footballers across Scotland, will be working with Aberdein Considine as a consultant as the f

Edinburgh-based provider of marketing technology to the global drinks and hospitality sector MRM Global has received a further £2 million investment from BGF. The company’s technology platform enables global drinks manufacturers and wholesalers to increase the level of marketing support

UK house prices experienced an unexpected and significant drop in March, marking the largest year-on-year decline since July 2009, according to data from Nationwide.

Disgraced crypto CEO Sam Bankman-Fried (SBF) got a fresh slice of house-arrest purgatory after he was issued stricter bail requirements by prosecutors in the case against him. The ex-FTX bigwig has been chilling in his parents' $3.5 million (£2.8m) Palo Alto crib, penning Substack posts claimi

Artisanal Spirits Company (ASC), owner of The Scotch Malt Whisky Society (SMWS), reported better-than-expected financial results for the year ended 31 December 2022.