News

The team at Hall Morrice, a member of the PrimeGlobal association of independent accounting and business advisory firms, are celebrating a triple win for PrimeGlobal in the Digital Accountancy Forum Awards at The Waldorf Hilton in London. PrimeGlobal, which comprises more than 300 successful member

The Scottish Government should use next month’s Budget to accelerate their ambition to reform Council Tax if it is going to happen by the time of the next Scottish election, according to the Chartered Institute of Taxation (CIOT). The CIOT has responded to a Scottish Government consultati

Former FanDuel executives have launched a new company, BetDEX, positioned to be the world’s first decentralised sports betting protocol, while securing the largest ever seed investment round by a UK startup. The $21 million investment round is led by San Francisco-based crypto investment firm

Valentian Vermouth, the makers of one of the UK’s most talked-about new vermouths, have begun surveying locations for a new Scottish Borders headquarters following a successful £120,000 crowdfunding campaign that hit its target in just two days. More than 170 investors ‘put their m

AM Bid, the Edinburgh-based bid and tender specialist, has reported that it has exceeded forecasts in recording a £1 million turnover for the first time in its seven-year history. Following a year of continued regrowth and building back from the initial impacts of the covid-19 pandemic outbrea

Brainnwave, the Edinburgh-based augmented business intelligence firm, has announced a Series A investment worth $10.2m (Canadian Dollars) with Hatch, an engineering, project management, and professional services firm. The two organisations have formed a co-venture focusing on developing applications

Inverclyde’s largest independently owned property firm Bowman Rebecchi has celebrated two years in business with a substantial rise in revenues, expansion into residential letting, an office expansion, further recruitment and a sustained drive into the out-of-home advertising market. The Gouro

Zetland Capital Partners LLP, a London-based private equity firm, has agreed to acquire the 156-bedroom Macdonald Holyrood Hotel and the 338-bedroom Macdonald Manchester Hotel from Macdonald Hotels & Resorts. The acquisition, for an undisclosed sum, is one of the largest hotels transactions comp

International engineering and construction company PD&MS Group has further expanded its customer portfolio, securing a significant modifications contract with Dana Petroleum which is expected to create up to 80 jobs at its Aberdeen base. The contract, which is for an initial three years wit

Scottish fintech Miconex has launched a Secret Santa campaign whereby employees can nominate a colleague for a chance to win a £250 Town & City Gift Card, as part of efforts to encourage organisations to think local with their rewards and incentives this Christmas. Any corporate customer p

Two American tourists have been fined €800 for breaking into the Colosseum to enjoy a beer.

JAD Joinery, the Edinburgh-based construction firm which recently filed for liquidation, has left creditors facing nearly £1 million, according to a newly published report from Interpath Advisory. The Interim Liquidators’ Report shows that the construction business owes its creditor

Aberdeen-based Acumen Financial Planning has been named as a Citywire New Model Advisor (NMA) Top 100 Firm for the fifth consecutive year. Acumen Financial Planning was recognised among the best of the financial planning community in the UK by NMA, which scores firms against a rigorous point-scoring

Murray Capital Group, the private investment office of the Murray family, has filed its annual accounts for the year ended 30 June 2021. Profit before tax at the Edinburgh-based firm was £9.8 million, up from an £11.6m loss during the previous reporting period.

Moray-based whisky specialist Gordon and MacPhail has appointed Ben Cookman as its new finance director.