News

Blair Nimmo and Alistair McAlinden from Interpath Advisory have been appointed joint provisional liquidators to Stewart & Shields Limited, a family-founded business that has been operating from Helensburgh for over 60 years, after the firm collapsed with the loss of 15 jobs.

Loganair, the UK's largest regional airline, has announced plans to move its Public Service Obligation (PSO) air services from City of Derry and Dundee airports to London Heathrow, beginning on May 6, 2023. The move, subject to government approval, will offer enhanced access to central London and pr

Zakir Issa, a sibling of the billionaire Issa brothers who own Asda, has acquired the Bon Accord shopping centre in Aberdeen through EP Properties for a sum believed to be less than £10 million.

The SNP's treasurer Colin Beattie, the MSP for Midlothian North and Musselburgh, has been arrested in connection with a police investigation into the party's funding and finances. In a statement issued this morning, Police Scotland said: "The man is in custody and is being questioned by Police Scotl

Scotmid Co-op has reported a solid financial performance despite a challenging year, with its trading profit amounting to £3 million, £2.7m down from the previous year.

Salus Technical, a process safety firm, reported a record year for business growth, with annual turnover increasing by over 50% to surpass £550,000. The company's success is partly due to recent contract wins, including a 250-person training course contract with Serica Energy and two more oil

Law firm CMS has announced that three of its Scottish-based colleagues have been promoted to partner level. Fiona Henderson, a finance lawyer from the firm’s Aberdeen banking team, joins Glasgow-based David Dennis and Davinia Cowden on this year’s list of global partner promotions.

R3, the insolvency and restructuring trade body, has launched a new free guide for directors and business owners in Scotland. The free resource, A guide to dealing with corporate financial distress, sets out the duties and responsibilities of company directors and the importance of meeting them, out

A Chinese couple staying at a Seoul Airbnb incurred over $1,570 (£1,262) in expenses, including a $116 (£93) water and electricity bill and a $730 (£587) gas bill, after leaving the heating on and taps running for 25 days in retaliation for the host's refusal to cancel their bookin

Ellon-headquartered financial advisory firm, Phil Anderson Financial Services has pledged its support to the Clan ‘Big Hop’ Trail for 2023. As part of the sponsorship, the firm has pledged to sponsor the trail t-shirts and a sculpture, which will be placed as part of the trail in Ellon d

A Highland businessman has been sentenced to 13 months in prison for attempting to defraud an insurance company out of £400,000 by setting fire to his own properties. Michael Maggs, 52, of Beaufort, Culbokie, had been developing three properties at Earlseat Steading, Moyness, near Nairn when f

Rent controls and political uncertainty are affecting investor appetite to fund and deliver Build-to-Rent (BtR) homes in Scotland, according to a new report published today by the Scottish Property Federation in association with researchers Rettie & Co.

KPMG has launched its 10th annual search for the UK's most promising tech innovators. The competition, Tech Innovator in the UK 2023, has previously spotlighted companies such as What3Words, SafetoNet, FIDOTech, and 2022 winner HiiROC, who later triumphed in the global final at Web Summit.

Aberdeen-headquartered Wood Group's board has confirmed it is considering Apollo Global Management's fifth acquisition proposal for 240p per share, which was put forward earlier in the month.

Blackwood Homes and Care has appointed finance professional Heather Duncan to the newly created role of director of finance and strategic partnerships. She joined the independent living specialists in 2018 and this will be her third role within the organisation, having previously been finance manage