News

The number of companies filing for administration in Scotland fell by a quarter in 2022 despite rising inflation, weaker trade and geopolitical uncertainty continuing to put businesses under pressure. Analysis of notices in The Gazette by Interpath Advisory reveals that a total of 32 companies fell

CMS has advised HIMA Paul Hildebrandt GmbH (HIMA) on its acquisition of the entire issued share capital of Sella Limited and its subsidiaries, including Sella Controls (Sella), from the company’s management shareholders. Headquartered in Bruehl, Germany, HIMA is a provider of safety-related au

Specialist asset manager Mercia Asset Management, a provider of finance to small and medium-sized businesses, has invested £26 million to date across Scotland’s regions and is looking to increase this investment activity into 2023. Headquartered in the Midlands, Mercia is keen to add to

Ellon-headquartered housebuilder Scotia Homes has reported a 16% increase in operating profit to £4.4 million with a pretax profit of £3.9m for the year ended 30th June 2022. Turnover reached £40m which was 21% ahead of the previous financial year as the business recovered from the

Motherwell FC's current chief Alan Burrows has been appointed as chief executive by Aberdeen FC and will take up his new role at Pittodrie on 27 February 2023. With over 15 years at Motherwell FC – nine as CEO – Mr Burrows has built up a wealth of knowledge, experience and credibility in

UK wealth manager Investec Wealth & Investment has completed its acquisition of Murray Asset Management for an undisclosed sum. Leigh Yeaman, Investec Wealth & Investment’s divisional director of Scotland and Northern Ireland, said: "We are delighted to announce that our acquisition of

Responsible finance provider Social Investment Scotland (SIS) has appointed community finance expert Arran Dewar as executive director of SIS Ventures. Mr Dewar joins SIS Ventures from Inspiring Scotland, a venture philanthropy organisation which aims to improve the lives people from disadvanta

Independent financial advisory firm Phil Anderson Financial Services has reported that 2022 was a record year for the firm, achieving a turnover of £1.63 million, a 22% increase from 2021 and their best financial performance since launching in 2010. Managing director, Phil Anderson said: &ldqu

A further £10 million in funding has been announced today by the minister for business, trade, tourism and enterprise, Ivan McKee, for CivTech — a public-sector-focused innovation accelerator.

Scotland’s economy will contract throughout most of 2023, researchers at the Fraser of Allander Institute have revealed. In the Deloitte-sponsored economic commentary published today, the Strathclyde researchers have set out their new forecasts for the Scottish Economy.

Adults aged over 50 are struggling with the rising cost of insurance with nearly two-thirds (63%) worried about how much they are paying in premiums.

After adding almost half a million customers across England, Wales and Northern Ireland, ice cream maker Mackie's of Scotland has achieved a greater than ever UK market share. The breakthrough came despite a tough time in the ice cream sector, as the overall market contracted by 7.4% over the same p

A portrait of Margaret Thatcher which was saved from a London tip is to be sold at auction.

The Local Area Economic Profile published by Fife Council shows that Dunfermline is performing relatively well against not just other parts of Fife but in cases, better than Scotland as a whole. Dunfermline has a growing economy, good median earnings and economic inactivity is down.

Aberdein Considine has made a number of senior promotions across the firm. Five lawyers have been promoted to the position of senior solicitor, with a further three promotions to associate.