News

Fleet vehicle graphics firm, OPG, has successfully completed a multi-million management buy-out (MBO) deal thanks to a six-figure funding package from UKSE, alongside input from private investors. Allan Hamilton has been appointed as managing director, taking the reins from Owen Pilling who formed t

Two Glasgow company directors have received disqualifications after each falsely claimed loans for their companies, taking over £125,000 in taxpayer support that they were not entitled to.

Ann Street, located in central Edinburgh, has been named Scotland's most expensive street with property prices reaching an average of £1.7 million.

Business confidence in Scotland fell nine points during December to 15% but overall economic positivity has increased, according to the latest Business Barometer from Bank of Scotland Commercial Banking.

Blair Nimmo and Alistair McAlinden from Interpath Advisory were appointed joint administrators to Armadilla Limited on 20 December 2022. Founded in 2010 and based in Bonnyrigg, near Edinburgh, the company deals in the design, manufacture and delivery of sustainable luxury modular accommodation, to c

Global real estate advisor CBRE is to relocate its Aberdeen team to a new prime office in prestigious Marischal Square creating a new hub for the firm in the North-east of Scotland. CBRE has secured a suite on level two in 1MSq on a new 10-year lease and is expected to relocate its 15 staff from cur

A series of recommendations have been published to further develop regional economies and help deliver Scotland’s economic transformation. The Regional Economic Policy Review, carried out by an expert advisory group, proposes further supporting the eight Regional Economic Partnerships (REPs) w

Empteezy Group, a Livingston-headquartered designer, manufacturer and distributor of industrial safety products and solutions, has been acquired in a management buy-out. The management buy-out has been led by Empteezy CEO David Byrne and CFO Jon Hazlewood. The team will be further bolstered by the i

Today the Bank of England unveiled the design of the King Charles III banknotes. The portrait of The King will appear on existing designs of all four polymer banknotes (£5, £10, £20 and £50), with no other changes to the existing designs.

Anderson Strathern has reported its most successful year ever for investment deals. The corporate investment team, led by Euan Tripp, advises some of Scotland’s most active investors – spanning private equity funds, institutional investors, angel syndicates, family offices and high net w

Isle of Harris Distillers has secured a £10 million funding package from HSBC UK as it sets its sights on further international expansion.

The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have fined TSB Bank (TSB) a total of £48,650,000 for operational risk management and governance failures, including management of outsourcing risks, relating to the bank’s IT upgrade programme. Technical

Lloyds Bank has appointed Jamie Kemp to the role of invoice finance area director for Scotland and the North East, as it strengthens its support for businesses across the region. Mr Kemp has over 11 years of experience in the finance sector, with experiencing spanning across retail, private and comm

Tax revenues in the UK soared by £85.1 billion over the last financial year, according to new figures published by the Organisation for Economic Co-operation and Development (OECD).

Socio-economic background has the strongest effect on an individual’s accountancy career progression, compared to any other diversity characteristic, according to new research published by KPMG UK.