News

The luxury Gleneagles Hotel in Auchterarder has rebounded after two years of multi-million-pound losses posting a £50 million rise in sales.

With reports of all organisations facing an increasingly sophisticated range of cybersecurity threats, Wylie & Bisset, Accountants and Business Advisers, has advised SMEs that well-trained staff are the first line of defence against cyber-attacks. Kevin McDermott, senior IT auditor at Wylie &

The Artisanal Spirits Company, curators of single-cask and limited-edition whisky, and owner of The Scotch Malt Whisky Society (SMWS), has extended its agreement with RBS to increase its existing revolving credit facility to £21.5 million (previously £18.5m).

The freeze to UK alcohol duty rates has been extended by six months to 1 August 2023, the UK Government announced yesterday.

Loganair has added a new flight from Aberdeen to Newcastle to its 2023 schedule, as the airline unveiled its biggest-ever programme of flights for Newcastle Airport next summer.

Irn-Bru producer AG Barr has announced that it has acquired the remaining 38.2% equity stake in MOMA Foods Limited, the London-based oats producer, from founder Tom Mercer, and the other minority shareholders, for a total cash consideration of £3.4 million.

WB Alloy, a Glasgow-headquartered welding and cutting specialist, has expanded its operations through acquiring a 50% interest in TVC, an English data and welding inspection business, after receiving financing worth £4.8 million from Barclays.

Developer and operator of environmental technology solutions, SEM has claimed the top prize of $100,000 after their entry won the Artisanal Mining Grand Challenge: The Amazon. The Aberdeen-headquartered firm was awarded a share of a $300,000 prize fund for this international competition, alongside t

Expert analysis has shown the UK economy will shrink by 1.3% in 2023, amidst a relatively shallow but protracted recession, and will be followed by a partial recovery in 2024, which could see GDP rise by 0.2%. According to KPMG’s latest UK Economic Outlook, elevated inflation and rising intere

Aberdeen-based Dron & Dickson, specialists in integrated supply, installation, and maintenance of harsh and hazardous area electrical equipment, has acquired Inverurie firm Cable Solutions Worldwide Limited in a seven-figure deal.  The acquisition will enable Dron & Dickson to offer an

Graeme Carling, has said he personally lost some £2.2 million and left "no stone unturned" in his attempts to save the business. McGill, lately registered as McGill Facilities Management Ltd, officially entered administration on August 25th for the second time in less than four

Family-owned luxury jewellers, Laings, has revealed it is investing heavily in its high street store estate after reporting a 92% increase in pretax profits to £5.4 million, in the last financial year to May 2022. Bucking the trend of many retailers, who have turned their back on bricks and mo

Aberdeen-headquartered activpayroll has taken a significant step forward in its Asia Pacific growth plans with the acquisition of Malaysia-based payroll outsourcing and employee mobility specialist, Propay Partners. activpayroll has grown revenues over the last year by 27%, with the firm's Asia Paci

Revive Eco has raised a £375,000 investment led by Gabriel Investment Syndicate to commercialise its patent-pending process to recycle coffee grounds into a sustainable palm oil alternative. The Glasgow-based green tech startup was launched by co-founders Fergus Moore and Scott Kennedy in 2019

The Institute of Chartered Accountants of Scotland's (ICAS) experts have examined key aspects of the Scottish Budget announcement and how this addresses issues affecting many, such as the freezing of tax thresholds and increase in income tax. On the key announcements in the Scottish Budget, Justine