News

Housebuilder Springfield Properties plc has announced the sale of 45 acres of land for £4.2 million. The transaction, involving land equivalent to 190 plots, is part of Springfield's strategic effort to reduce its debt, which had risen to £67.7m by 31 May 2023, up from £38.1m the p

Big Four accountancy giant PwC will allow new joiners to advance up to £1,000 of their first month's salary as part of a package of measures aimed at supporting new joiners and prospective recruits from lower socio-economic backgrounds. The actions follow a significant research project with Th

Tunnock's has reported a sharp decline in pre-tax profits from £5.5 million to just £1 million in the past year. The Uddingston-based biscuit company recorded turnover of £75.8 million in the year ending 25 February 2023, up from £72.1 million in the previous year, while pre-

The Crieff Hydro Family of Hotels has reported an 86 per cent decrease in pre-tax profits to less than £420,000 despite a rise in turnover. The hotel group's latest results show pre-tax profits of £418,657 in the year to February 2023, down from £3.1 million in the previous year, a

UEFA has launched an investigation after "sex noises" disrupted the draw of groups for the Euro 2024 championship and were broadcast internationally. "Unexplained moaning noises" could be heard as members of Group A – of Germany, Scotland, Hungary and Switzerland – were drawn in Hamburg,

St Andrews-based impact investment firm Eos Advisory LLP has announced a series of executive appointments, bringing the firm's headcount to 11. Anne Muir joins the firm as director of portfolio from the University of Dundee, where she was deputy director for research and innovation services and prev

Edinburgh-based Tweed Wealth Management has celebrated 10 years in business, with founders Chris Tweed and Alison Welsh looking forward to further growth. Founded in December 2013, the financial advice firm led by a husband-and-wife team now employs 30 people across its Edinburgh and Inverness offic

Councils are key to unlocking both the potential and the best outcomes for local communities but require proper funding to do so, COSLA has said today.

Scottish law firm Gilson Gray has named a new head of its corporate division, with Findlay Anderson promoted to the role to lead the team’s growth in 2024. Mr Anderson joined Gilson Gray in May 2023 as a partner, bringing two decades of experience in senior leadership roles across a range of m

Ann Logan of Balfour+Manson has been named Insurance Lawyer of the Year in the Legal 500 Scotland Awards. She was described by Legal 500 as "an exceptional solicitor – she is thorough and careful in her preparation, has vast experience which means her advice is always astute and tactically and

Edinburgh-based telecoms provider Commsworld has reported pre-tax profit of £3.3 million in 2022 and a 16 per cent increase in turnover to £27.9 million. The company has recently won contracts to build digital infrastructure for Glasgow, North Lanarkshire and Northumberland councils, as

Big Four accountancy giant PwC has set out plans to develop a new platform introducing generative AI technology to the M&A process. PwC is working with AI start-up Harvey on the technology, which will make "AI-customised models trained on the essence of deal-making" available to PwC's deals prac

Bank of Scotland will close four branches and end its mobile branch services in dozens of towns and villages next year as part of UK-wide cutbacks by Lloyds Banking Group. The Bank of Scotland branches on Glasgow's Byres Road, Tarbert's Harbour Street, Bowmore's Shore Street and Helensburgh's Shore

Scotland’s cyber security community last night celebrated as the seventh annual Scottish Cyber Awards recognised the achievements of individuals, organisations and academics from across the industry. Run by the Cyber and Fraud Centre – Scotland and hosted by comedian Fred MacAulay, the a

Scottish-headquartered accountancy and business advisory firm Johnston Carmichael has appointed Paul Shields as a partner in its Newcastle office. Mr Shields joins Johnston Carmichael after 25 years of advising clients across the north-east of England.