News

A lottery winner has kept his lucky win secret from his wife and child, worried that the family's newfound wealth would spoil them and make them lazy. The man in southern China won a hefty 219 million yuan (£26.14m), the grand prize, after all seven of his numbers matched up. He had bought som

Advisory firm Dow Schofield Watts has expanded its Edinburgh office with the appointment of Adam Widerkiewicz as corporate finance manager. Mr Widerkiewicz, who has nine years’ experience in finance, joins from EDF Renewables, where he was a mergers and acquisitions specialist helping the comp

EY's UK partners have received a 7% boost to their payouts, an average of £54,000 to £803,000, as the big four firm announced record levels of growth for its UK business. The firm's UK revenues are up 17.2% and UK fee income increased to £3.23 billion from £2.75bn over the la

A Scottish rocket manufacturer and orbital launch services provider is to build and operate the first vertical launch site for satellites on the UK mainland. Orbex, based in Forres, has signed a lease with development agency Highlands and Islands Enterprise (HIE) for the spaceport location on commun

Mitchells Roberton has merged with conveyancing practice Wisharts Law. Owned by husband-and-wife team, Frances and Robbie Wishart, the firm, which operates from offices in Nelson Mandela Place, was founded in 2014. Wisharts Law LLP specialises in the buying and selling of residential property. 

New research has found that a combination of inflationary pressures, rising interest rates and high energy costs, and ongoing supply chain issues are all significantly impacting the financial viability of many mid-sized businesses. The 'Business Outlook Tracker', by business and financial advis

Charities and third sector organisations working with some of the most vulnerable people in the community, can now access a multi-million-pound fund backed by the Scottish National Investment Bank (SNIB). Social and Sustainable Capital (SASC) provide finance for improving lives by backing organisati

Ledingham Chalmers LLP has announced the acquisition of Inverness-based legal practice Anderson Shaw & Gilbert (ASG). The deal, part of the Aberdeen-headquartered firm’s nationwide growth plans, creates a business with around a £14 million annual turnover and headcount of 196 includi

Wylie & Bisset, accountants and business advisers, has appointed Sue Brook as senior manager of its burgeoning internal audit team. With significant experience of governance reviews and having been involved in a range of commissioned investigations, as well as risk, performance and finance revie

Keane Premier Group, the Lanarkshire-based care provider, has expanded its portfolio by completing the purchase of Kingsgate Care Home, after receiving a loan from Barclays of £1.2 million. The funding from Barclays will support the acquisition of the 60-bed care home, based in South Lanarkshi

A new survey from ACCA UK (the Association of Chartered Certified Accountants)  and The Corporate Finance Network (The CFN) has revealed that a staggering 79% of SMEs believe the current energy support package for businesses is insufficient.  The SME Tracker contextualises the ongoing

Glasgow-based firm Consilium Chartered Accountants has provided corporate finance and tax advisory services to Instinctive BI as part of their recent sale to Version 1. Data and business intelligence experts Instinctive BI – a long-standing client of Consilium – employ over 60 consultant

Sonomatic Limited has acquired the assets of Innospection Ltd, the Aberdeen-based global provider of advanced inspection services and support of onshore and offshore topside, splash zone and subsea assets, saving 7 highly skilled jobs. Graham Smith and Iain Fraser of FRP Advisory were appointed join

Just Stop Oil supporters have sprayed orange paint onto the Bank of England and three other buildings in Central London, demanding that the government halts all new oil and gas licences and consents. The six activists sprayed orange paint from fire extinguishers on the Home Office, the MI5 building,

The Scottish Housing Regulator has today published a new report on its analysis of Registered Social Landlords (RSLs) annual loan portfolio returns for the period April 2021 to March 2022.