News

KPMG has announced its highest partner pay since 2007, with average pay reaching £786,000 in the year to September. This increase of 4% comes even as pre-tax profits experienced a decline of nearly a fifth, reaching £364 million.

A collection of 120 guitars and amps is being auctioned today, owned by Dire Straits frontman Mark Knopfler. The estimated sale prices vary widely, from £300 for an electric-acoustic mandolin to a staggering £500,000 for a 1959 Gibson Les Paul Standard.

Lothian NHS Board has welcomed Chartered Accountant Jonathan Blazeby as its newest member. Having accumulated 27 years of experience in the professional services sector, including a director role at PwC in the UK and Hong Kong, Mr Blazeby brings a wealth of expertise in statutory audits, financial r

Jo Armstrong has been appointed as the new chair of the Accounts Commission. Ronnie Hinds, who has been acting as interim chair of the Accounts Commission since May 2023, is stepping down at the end of January.

The University of Stirling Management School has appointed a leading light in Scotland’s business investment landscape as its latest entrepreneur in residence. Gillian Fleming is chief executive officer and co-founder of the women-led angel investor group Mint Ventures, which is making angel i

Perthshire-based Morris Leslie Plant Hire has reported a pre-tax profit of £11.5 million and revenues of £49.1m, in its 2022/23 annual accounts.

Glasgow-based Locavore Community Interest Company has entered administration on 30 January 2024, with Blair Nimmo and Geoff Jacobs of Interpath Advisory appointed as joint administrators. Founded in 2011 and based in Glasgow, Locavore is a not-for-profit social enterprise which seeks to build a more

Dumbartonshire firm McLaggan Smith Mugs Limited has acquired Ceramicraft Limited for an undisclosed sum, with advice from law firm Macdonald Henderson.

Orkney Islands Council has been told it must shift its focus to ensuring its services remain financially sustainable, as it faces a significant funding gap of £27 million over the next four years. In a new report, the Accounts Commission highlighted that Orkney Islands Council faces parti

A rare Lamborghini Diablo, which was initially custom-built for Donald Trump, has sold at auction for $1.1 million (around £870,000), five times its estimated value. The limited edition 1997 Diablo VT Roadster, one of only 132 produced for the US market, became a hot commodity, thanks to

The Dundee and Angus Chamber of Commerce (DACC) is set to unveil its innovative 'Open Doors' event programme, featuring an exclusive seminar on Thursday, 1 February, from 6.30pm to 8.30pm at City Quay. The seminar will explore the comparison between stocks and shares as a compelling alternative to t

Innovation Minister Richard Lochhead will tell a gathering of potential investors meeting in Edinburgh today that Scotland’s cutting edge space industry can lead Europe. He will set out Scotland’s ambitions, which include capturing a £4 billion share of the global space market, to

Wemyss Family Spirits, which owns and operates Kingsbarns Distillery near St Andrews as well as Wemyss Malts, has decided to phase out its presentation boxes and cartons from across its whisky brands as a major step towards reaching net zero carbon emissions. The commitment by the family-owned busin

Edinburgh's Holyrood Distillery has secured a substantial funding package of over £2 million from specialist wine and spirits fintech Ferovinum to propel its domestic and international growth plans in 2024 and beyond. This funding will be utilised to unlock capital from Holyrood's maturing cas

SCAPE Scotland has launched its new £1bn Utilities Works and Services framework, designed to empower utility sector organisations to shape their utilities projects and programmes through an accelerated, direct award model across Scotland.