News

Edinburgh-based bid management firm AM Bid has been acquired by Bidding Limited, a provider of bid consultancy and software solutions for an undisclosed sum. The acquisition is aligned with Bidding Limited's goal to expanding its market reach across all sectors, boosting its service offerings and en

Scotland is witnessing a steady decline in entrepreneurial confidence, with a notable fall in youth entrepreneurship and a diminished interest in entrepreneurship as a career path, a new report has revealed.  The survey for the Global Entrepreneurship Monitor 2022/23 report, carried out by rese

In a charity fundraising effort, a team from Scottish Friendly has triumphed in the National Three Peaks Challenge, which involved conquering the highest mountains in Scotland, England, and Wales in under twenty-four hours. The team, including Alan Rankine, Brian Tonner, Colin Sergeant, Jason Arnste

Economic development and community wealth building expert Neil McInroy has been appointed as the new chair of the Economic Development Association Scotland (EDAS). Succeeding Liz McEntee – who stepped down earlier this year following the end of her three-year term – Mr McInroy

Loch Lomond Distillers has reported a significant financial upswing with a 20% increase in annual turnover, surpassing the £100 million threshold for the first time.

Engage PR, an Aberdeen-based communications agency, has expanded its team with the appointment of Lee Harrow as communications director. Bringing 24 years of media and communications experience, Ms Harrow formerly served as the depute editor of the Dundee Evening Telegraph and headed a magazine divi

Glasgow-based multi-service construction company, Tough Construction, has transferred its entire shareholding to an Employee Ownership Trust (EOT), marking it as the largest business in Scotland to do so. The company, established in 1974, specialises in projects for house builders throughout Central

Laurie Scott has been promoted to finance director of Edinburgh-based professional cleaning contractor Spotless Commercial Cleaning. Having joined the cleaning contractor as financial controller in 2021, Mr Scott has demonstrated a remarkable ability to manage financial affairs which has made a sign

Wylie & Bisset has unveiled an array of promotions across various sectors of its organisation including audit, business advisory services, insolvency, payroll, and tax departments.  Sandy Hogg and Rory McCall have received promotions to associate director within the external audit team, ack

Law firm Morton Fraser has reported its highest-ever annual revenue, of £25.7 million, an increase of 8% year on year, and an increase of 25% over the last two years. A bonus of six% of annual salary has been announced and, as in previous years, this will be paid to all staff, not just fee ear

Law firm Freeths has expanded into Scotland, marking this with the opening of a new office in Glasgow and the appointment of two partners, its first base outside of England. The newly appointed partners, Paul Ockrim and Nick Taylor, formerly of Addleshaw Goddard, will lead the Scottish venture, head

A man has been handed a prison sentence exceeding six years for perpetrating a green energy Ponzi scheme, which claimed to transform cow manure into energy, defrauding investors of over $8.7 million (£6.9m). The six years and nine months sentence for Ray Brewer, 66, of Porterville, and Sh

In the first quarter of 2023, the UK economy experienced a minor growth in output, maintaining the same rate as previously estimated. The Office for National Statistics (ONS) confirmed a 0.1% increase in the gross domestic product (GDP) from the final quarter of the previous year, mirroring the grow

Edrington, the Glasgow-based whisky distiller, comprising prestigious brands including The Macallan and Famous Grouse, has reported a 43% rise in pre-tax profits and exceeding £1 billion in core revenue for the first time, marking a milestone in the company's financial performance. This growth

Real estate advisor CBRE has finalised the off-market sale of Glasgow's historic Forsyth Building on behalf of Ambassador Group. A London-based private investor, represented by Landswood De Coy, secured the deal for £9.7 million.