News

Manchester-based property firm AM Sci Tech, a subsidiary of Hurstwood Holdings, has successfully completed the acquisition of Aberdeen Energy Park and Aberdeen Innovation Park. This landmark acquisition encompasses two expansive science parks in Bridge of Don, North of Aberdeen, comprising more than

Glasgow-based coffee roaster Matthew Algie has formally merged, solidifying its position as a premier coffee roaster in the UK and Ireland. Acquired by Hamburg-based Tchibo in 2016, and Capitol Foods in 2018, the parent company Tchibo, recognising the strong values and reputation for quality and sus

Reinforcing its position in the Scottish events industry, 21CC Group Ltd has acquired award-winning laser and visual installation company funktioncreep in a six-figure deal. This significant addition to the 21CC portfolio aims to elevate the company's capabilities, allowing it to provide compre

Inverness-headquartered RSE has posted revenue of £198 million, 71% higher than the previous year (£115m), in latest its financial statements to March 2023. Operating profit also increased to £14.0m compared to £6.5m in the prior year.

Glasgow-headquartered housebuilder Merchant Homes Partnerships has ceased trading, making 22 employees redundant. Established in 2007 by a highly experience team to provide quality housing, incorporating innovative design, the company is well known and respected in the construction industry, providi

In a challenging conclusion to 2023, Scottish retailers faced a disappointing December as sales figures revealed a decline in real terms.

Scotland's commercial property market witnessed £1.5 billion worth of assets changing hands during 2023, as the market adjusted to the sharp rise in interest rates seen since December 2021, according to research from Knight Frank. The independent commercial property consultancy’s analysi

Aberdeen-based housebuilding firm Stewart Milne Group has collapsed into administration, with the immediate loss of 217 jobs.

The Royal Bank of Scotland's latest Report on Jobs survey reveals a concerning trend in the Scottish job market, with a notable drop in permanent staff appointments during December.

The Financial Reporting Council (FRC) issued a historic number of fines in 2023, totalling £33.2 million, surpassing the previous year's record.

Engineering services provider Edwin James Group has completed the acquisition of Automated Control Solutions Holdings Limited and its subsidiaries Automated Control Solutions Limited and ACS Electrical Engineering Limited, together trading as ACS. The deal, agreed for an undisclosed sum, will expand

Glasgow-based Dallas McMillan Solicitors has promoted private client lawyer Katie Deans, conveyancing lawyer Abbie Freer and commercial property Amy Pollock to senior solicitor. Managing partner David McElroy said: “Katie, Abbey and Amy’s promotions are well deserved.

A Chinese chess champion stripped of his title after defecating in his hotel bath has launched legal proceedings against the competition organisers. Yan Chenglong, 48, won the 2023 National Chinese Chess King Competition in Lingshui, China last month, but subsequently had his title and prize mo

Orbital launch services company Orbex appointed two tech and space sector stalwarts as its new CEO and executive chair. Scale-up expert Phillip Chambers joins as Orbex’s new chief executive officer and Miguel Belló Mora leaves his post as director general of the Spanish Space Agency to

William Duncan Accountants, a part of the Dains Group of Companies, has appointed Graeme Bryson as the new managing partner, effective from 1 January 2024. The transition sees Robert Fergusson, who served as managing partner since 2011, stepping into the role of evolve delivery lead for the broader