News

Mid-market private equity investment activity in Scotland saw a slight slight dip compared to last year’s record high, according to KPMG UK’s latest Mid-market Private Equity report. The firm’s most recent M&A study has revealed that 42 transactions took place compared to 51 la

A teenager has been arrested on suspicion of taping dead fish to more than a dozen ATMs over a two-month period. Police believe the 17-year-old is the prankster responsible for running an Instagram account named "fish_bandit84", which shared photos of the bizarre deeds with tens of thousands of foll

Billion Global Chase Limited (BGC) has taken a 75% share in Linlithgow Distillery and appointed George Matharu as new chief executive officer. With planned investment, the Distillery, renowned for its award-winning artisanal Gin and Vodka, is set to expand its product range in 2024. The company

Businesses in West Dunbartonshire are being urged to seize the opportunity presented by the £160 million Glasgow City Region Investment Zone, as the initiative takes a significant stride forward with the launch of an open call for project funding bids.

Livingston-headquartered Evoframes on has been bought out of administration saving all 76 jobs.

Scotland's average house price has grown by £43,381 from March 2020 to November 2023, according to data analysed by property firm DJ Alexander.

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.

Kirk Dailly has been appointed as head of the business services group at Blackadders LLP. As a partner at the law firm and the existing head of Blackadders’ corporate and commercial team, he has extensive experience in the sector. He takes over from Campbell Clark, who continues as a partner a

Angus Dundee Distillers has posted pre-tax profit of £31.3 million, marking a substantial increase of over 25% compared to the previous year, and turnover of £81.6m, reflecting growth of 14.9% or £10.6m.

Stewart Campbell has been named a non-executive director of Apex Hotels. With over 20 years hotel industry experience, Mr Campbell was formally managing director of one of Europe’s largest hotel management companies.

The Institute of Chartered Accountants of Scotland (ICAS) has welcomed the revised UK Corporate Governance Code as a step in the right direction. Bruce Cartwright, chief executive at ICAS, said: “We support the FRC's approach to streamline changes to the new Corporate Governance Code. We belie

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