News

Spanish bank Santander, along with other interested parties, is considering to acquire abrdn's private equity unit, it has been claimed. It is unknown how many interested parties there are, however, sources have said deal is expected to be made in the next several months between abrdn and a buy

Production has restarted at the Rowan Glen factory in Dumfries and Galloway, after a successful management buy-out was agreed with £285,000 in support from a South of Scotland Enterprise (SOSE) grant.

Hodge Solicitors LLP of Blairgowrie and Watson + Lyall Bowie in Coupar Angus have merged.

KPMG UK and the liquidators of Carillion have reached a settlement agreement, putting an end to the £1.3 billion legal claim against the professional services giant.

Livingston-based The Edinburgh Driveway Company has been acquired by Scottish-based UK and internationally operating construction and property business Edison Group for an undisclosed sum. The Edinburgh Driveway Company, which operates throughout central Scotland and Ayrshire, provides a complete ra

Edinburgh-based Stellar Omada has recorded revenue of £16.3 million in the year to 31st December 2022, up from £9.1m in the previous year. The company, which specialises in programme delivery and service management, marked its 4th anniversary in 2022, and CEO Colin Frame says there will

A major research and development (R&D) project expected to create up to 500 jobs is under way in the Highlands after securing a £2.8 million investment from Highlands and Islands Enterprise (HIE). If successful, the total £14m R&D spend by Ross-shire Engineering Limited (RSE), wi

Savills has forecast that investment in commercial property in Scotland this year will surpass the £2.39 billion that traded last year in a reversal of 2022’s strong start and weak finish. In its latest UK Commercial Market in Minutes the firm suggests low transaction volumes will remain

A lawsuit worth over $10 million (£8.3m) has been brought against a lawyer for allegedly using company funds for her personal use, citing breach of written contracts, fraud, and civil theft. The plaintiff, LDR International Limited, alleges that Sara Jacqueline King, a lawyer working for a len

ESPC will host an event for buy-to-let investors that will take place later this month.  Date: Thursday 23rd February Time: 5:30pm-7:45pmLocation: 107 George Street, Edinburgh, EH2 3ES 

Royal Bank of Scotland owner NatWest Group's CEO is has received £5.25 million in compensation for 2022 as the bank reported profits of £5.1 billion, the highest since before the financial crisis. Attributable profit was up to £3.3bn for the year ended 31 December 2022 fr

Capricorn Energy and NewMed Energy have mutually agreed to terminate their proposed merger, following a strategic review by the new board of Capricorn. The merger, which had been promoted by the former board, was scheduled for a shareholder vote next week, but has now been called off. 

Chivas Brothers, the Pernod Ricard business dedicated entirely to Scotch whisky, reported performance with organic net sales up +23%, in its half-year results for the six months ending 31 December 2022, compared to HY23. This firm attributes the strong performance to its strategic focus on portfolio

FRP Advisory, the administrators of Dawnfresh Seafoods, have secured the sale of Dawnfresh Farming to Mowi Scotland, a subsidiary of Bergen-based international seafood farming and processing business Mowi Asa. As a result of the deal, which is for an undisclosed sum, 67 jobs and seven fish farm

Clark Contracts has achieved a record turnover of £100 million in the year ending 31st October 2022 as the main contractor entered its 45th year in business. Founded in 1978, the Paisley-based firm works throughout the UK, delivering projects across all sectors, for both private and public sec