News

Auction House – operating as Auction House Scotland in Scotland – has experienced its most successful May in the 16-year history of the group. May 2023 set new records, with the auction house offering 707 lots and successfully selling 76% (537) of them. The sales generated a record-

Henderson Loggie has been appointed liquidator to Dundee-based gin producer Verdant Spirits amid mounting cash flow difficulties. The company, known for its dry gin, had secured the Scottish Gin of the Year award in 2017 and bagged a supply deal for the House of Commons.

Johnston Carmichael has announced a new partnership with Netball Scotland, providing a funding package worth more than £30,000 to help grow the sport. Netball Scotland, which currently supports over 9000 members from the age of five through to the senior adult category, has ambitions to streng

At a time when other banks are increasingly prioritising digital banking and closing many of their branches, the Scottish Building Society has opened its new Edinburgh relationship centre reaffirming its commitment to high street banking.

Miller Samuel Hill Brown licensing consultant Peter Lawson has been awarded a CBE in the first Birthday Honours list made by King Charles III. The King's Birthday Honours mark the extraordinary contributions and service of people across the UK. The Commander of the Order of the British Empire (CBE)

New data from financial mutual Scottish Friendly has revealed the number of newly opened stocks and shares ISA policies dipped -7% in Q1 2023 compared with Q4 2022. Meanwhile, the value of those new policies also dipped -6% over the same period.

Strathspey Capital is to become Scotland’s largest factoring business after acquiring Glasgow-based Speirs Gumley. The acquisition brings the total number of units managed by the Strathspey Group to over 86,000 across Scotland. Speirs Gumley is predominantly a factoring business with 32,000 un

Bosses who tried to use a fake priest to trick workers into making "confessions" of wrongdoing have been ordered to pay nearly £109,000 in back wages and damages. Employees at the Taqueria Garibaldi restaurant in Sacramento, California said they were introduced by the owner to a priest who wou

Quality Meat Scotland (QMS) has released its 2023 Red Meat Industry Profile report, underlining the industry's significant role in Scottish food security, rural economy, and effective utilisation of the country's natural resources. Despite encountering significant challenges over the past three year

The Monetary Policy Committee (MPC) of The Bank of England has announced an increase to the base interest rate from 4.5% to 5%, marking the 13th consecutive rise. The decision was supported by a 7-2 majority, with members having preferred to maintain rate at 4.5%.

Aldi is Scotland's third biggest supermarket by number of units sold, according to new figures from Kantar. The store is set to make it 13th appearance at the country’s famous Royal Highland Show this week to showcase the success of their Scottish range.

As family-owned home furnishing specialist Sterling Furniture Group marks its golden anniversary, it has appointed industry veteran John Pattison as its new chief executive. A native of Glasgow, Mr Pattison previously served as commercial director at Sunderland-based SCS, a sofa and furniture retail

Archangels, the Edinburgh-based business angel syndicate, has welcomed Daniel McKiddie as investment manager to its executive team, led by joint managing directors Niki McKenzie and David Ovens. Mr McKiddie, a chartered accountant, will work in tandem with Shaolei McKie, senior investment manager, t

Scottish intellectual property firm Lawrie has reported growth of 12% this year and projected total sales of around £3.5 million for the upcoming financial year. Growth areas for the patent and trade mark attorney firm has primarily come from increased trade mark work and patent filings i

Accountancy, business and financial advisory firm Armstrong Watson has promoted Martin Johnston to audit and assurance partner. Mr Johnston, who initially joined the firm's Glasgow team in 2020 as an audit and assurance director, has been instrumental in augmenting Armstrong Watson's business p