News

Materials and solutions provider Saint-Gobain has signed a binding agreement for the sale of all its merchanting brands in the United Kingdom – including the builders and timber merchant Jewson – to the Stark Group following a competitive sale process. The divested assets are e

CCL Logistics & Technology has announced it is on track for record revenue in the current financial year and expects to complete two acquisitions in 2023. CCL, which employs 110 people across the UK, is forecasting approximately 20% revenue growth as sales are set to hit around £35 million

New green jobs have more than doubled in Scotland in the last year, creating a higher proportion than any other part of the UK, according to PwC’s latest Green Jobs Barometer. The second edition of the Barometer reveals that 3.3% of all job adverts in Scotland were for jobs that have a positiv

Burges Salmon has advised Blackfinch Property (Blackfinch) on a £4.4 million loan to fund the acquisition and restoration of a large area of land in Dumfries and Galloway.

The Financial Conduct Authority (FCA) has fined Metro Bank PLC £10 million for breaching the listing rules by publishing incorrect information to investors.

Free legal support has been offered to students at Scotland’s Rural College (SRUC) to progress business ideas as part of a new partnership with law firm Morton Fraser. The partnership between Morton Fraser and SRUC’s Enterprise Academy - which was set up to help students develop enterpri

Adele MacLeod, Gavin Park and Robert Harding of Teneo Financial Advisory Limited were appointed joint administrators of M&Co Trading Limited on 9 December 2022. This is the second time the business has entered administration. Scottish Financial News reported on M&Co's first adminis

EY has announced there will be no holiday bonuses this year for its US staff.

Plant hire firm Morris Leslie has posted record pre-tax profits of £12.7 million, in its latest accounts made up to 30 April 2022. The results, the highest in the Perthshire business' 48-year history, have been attributed to a post-Covid resurgence in the construction industry along with a maj

AAB, the tech-enabled business critical services group, has appointed Alan Campbell as a new corporate tax partner based in the firm's Edinburgh office. Mr Campbell joins the firm with more than 20 years’ experience providing specialist tax advice to businesses of all sizes including entrepren

Two Edinburgh-based dental practices - one NHS and one private - have been acquired as part of ambitious plans to modernise and expand their treatment offerings, thanks to support from Bank of Scotland. The businesses will offer implants, adult orthodontics and facial aesthetics with the goal of bec

John Gerard McGarvey, 37, from Rutherglen, has been disqualified as a director for 11 years after claiming two separate Bounce Back Loans totalling £100,000, and then using the money for personal benefit.

A family of four were charged more than £80,000 in error after EDF sent a £1 million electricity bill. Richard Baron from Kent thought the bill was "quite amusing" at first until the energy provider proceeded with the first direct debit payment, leaving the family more than £7

Santander UK Plc (Santander) has been fined £107,793,300 after the Financial Conduct Authority (FCA) found serious and persistent gaps in its anti-money laundering (AML) controls, affecting its business banking customers. According to the FCA report, between 31 December 2012 and 18 Octobe

HMRC has missed an estimated 99,000 calls when its phone lines went down during an outage last week. Callers were unable to reach HMRC for a period of four days from the afternoon of Thursday December 1 until Monday December 5. The department also had to shut some online services during this time.