News

Blackfinch Property has completed a £4.4 million six-month loan to fund the acquisition and reforestation of a large area of land in Scotland. Marking the first deal in the commercial forestry sector for Blackfinch, the investment will create local job opportunities, and is expected to improve

Edinburgh-based jeweller Hamilton & Inches has posted its full year results, revealing turnover of £11.3 million, representing record sales for the business and a 57% increase from the previous year. Online sales at the firm have continued to grow within overall turnover, with an increase

The Low Incomes Tax Reform Group (LITRG) warns that thousands of businesses are at risk of facing financial penalties if they do not act to comply with the new reporting regime. The warming comes after HMRC has begun automatically signing up VAT-registered businesses to its new Making Tax Digital (M

The Financial Reporting Council (FRC) has announced new supervision measures to support smaller audit firms seeking to grow their share of the audit market without compromising audit quality. Tier 2 and tier 3 firms audit a minority of listed companies and other public interest entities (PIEs) withi

Pinsent Masons has announced that Scottish litigator Laura Cameron will succeed John Cleland as the firm’s managing partner with effect from 1 May 2023. During her 28 years at the firm, Ms Cameron, who is based in Glasgow, has had significant influence in shaping the business through leadershi

Advanced Clothing Solutions (ACS) has attained B Corporation status. Environmental considerations are at the core of ACS, and the brand's innovative approach to developing a circular fashion model has helped secure the coveted B Corp status. ACS' focus is on redesigning the future of fashion by

Blair Nimmo and Alistair McAlinden of Interpath advisory have been appointed joint administrators of Dundee-based Panacea Fire and Security Limited. Incorporated in June 2019, the company installed fire alarm and security systems and had an average of 14 employees.

International subsea equipment rental and solutions firm Ashtead Technology has expanded its mechanical solutions service offering with the acquisition of Hiretech for a total consideration of £20 million. Established in 2011, Hiretech is a management owned, Aberdeenshire-based equipment renta

Aliter Capital LLP has completed fundraising for its second fund, Aliter Capital II, with £134 million committed by investors. From its offices in London and Glasgow, Aliter, a private equity investment specialist in the UK support services sector, is currently pursuing a range of potential in

Aberdeen-headquartered problem-solving company STC INSISO has announced changes to its executive leadership team. Martin Dunn has moved from his existing role as COMET delivery manager to become head of operations, while Alan Smith has transitioned from chief operating officer into a newly created r

A worker who was unfairly dismissed for refusing to join his colleagues in the pub after work has won a case against his erstwhile employer. Mr T, not to be confused with he of A-Team fame, was a senior advisor at a firm in Paris.

North Berwick-based Jerba Campervans has won the First Minister’s Award for Manufacturing Leadership for its outstanding efforts in employee engagement and welfare. The campervan conversion firm accepted the award from Nicola Sturgeon at Bute House in Edinburgh after showcasing its 100% employ

Cushman & Wakefield has announced that Stuart Dorward will step down as Scotland regional managing partner and pass responsibilities to Murray Strang. After 10 years leading the firm in Scotland, the change will see Mr Dorward dedicate more time to clients and leading the firm’s

KPMG has announced the promotion of ten colleagues to director across its three Scottish offices. The new appointments, effective from 1 December, come across key capability areas for the professional services firm and reflect its continued investment in its people.

A trove of Celtic gold coins with an estimated worth of €1.6m (£1.4m) have been stolen from a museum in Germany. The thieves stole the coins numbering in the hundreds from the museum in Manching, Bavaria, during a nine-minute nighttime heist.