News

Microwave health tech pioneer Emblation has acquired a US distributor for an undisclosed sum as part of its growth strategy. The Scottish-based firm has been undertaking a two year-long period of major expansion and says the acquisition of Saorsa Inc will help fuel the next phase of its development.

A mac and cheese manufacturer is being sued for $5 million over claims its "ready in three-and-a-half minutes" label is slightly inaccurate. A new lawsuit alleges that the time advertised on Velveeta's microwaveable mac and cheese doesn't account for the time needed to open the packaging or stir the

Deloitte’s technology, media and telecommunications (TMT) practice has revealed its predictions for the sector in 2023.

Irn-Bru producer AG Barr has announced the acquisition of Boost, a branded drinks business, in a £32 million deal. The deal is for an initial consideration of £20m, on a debt free cash free basis, and an additional consideration of up to £12m, dependent on future revenue and profit

A local firm has been awarded a £2.7 million contract to develop eight new business units at Broadford Industrial Estate on the Isle of Skye.

Accountants Chiene + Tait (C+T) have announced the appointment of Kasia Kozak as audit director in a recent series of appointments. A qualified Chartered Accountant, Ms Kozak joins from Johnston Carmichael where she led audits for boutique asset managers, private equity funds and other financial ser

Abrdn and the John Lewis Partnership have announced an agreement to bring forward 1,000 new homes in three build-to-rent schemes in London and the South East with a gross development value of circa £500 million. The joint venture brings together a strong complementary set of capabilities: the

The return of Scottish fund manager abrdn and engineering firm Weir Group to the FTSE 100 has been confirmed by the index's management group.

Scotch whisky specialist Hunter Laing has revealed record pre-tax profits of £7.3 million for the year ended 30 April 2022, up from £5.5m in 2021, in its latest accounts. The Glasgow-based firm achieved sales growth of 15% to £18.3m, up from 15.8m. International sales reached &poun

Rental payments based on takings may become more common as retailers adapt to the changing high street in today's challenging economy, a lawyer has suggested. Martin Bennett, a director in Scottish legal firm Lindsays' commercial property team, says the option is one available in negotiations as sho

PwC’s annual Festive Predictions report published today, paints a challenging picture for retailers and hospitality operators in the critical run-up to Christmas, as consumers say they will rein in their spending on gifts and celebrations this year. Following last minute cancellations of parti

Retirement plans are set to be heavily impacted by government proposals to push the state pension age to 68 earlier than planned. The state pension age was originally planned to increase to 67 by 2028 and then 68 by 2039, however, ministers have suggested an overhaul to the age at which pensioners r

Loganair, which recently celebrated its 60th anniversary, has been named Regional Airline of the Year at the 2022 CAPA Aviation Awards for Excellence. The CAPA awards are renowned as being among the industry’s most prestigious industry accolades. Regional Airline of the Year is awarded to the

The Payment Systems Regulator (PSR) has fined Barclays £8.4 million for failing to comply with the Interchange Fee Regulation (IFR) because it did not provide retailers with full information about the costs of card services it supplied. The PSR has taken action as it found that the bank did no

Independent business advisory and accountancy firm Johnston Carmichael has appointed Aileen Scott as a new corporate tax partner to further the firm's growth plans. Ms Scott, who is based in the Glasgow office but will be working nationally, will enhance existing capability within Johnston Carmichae