News

Asset & wealth management firm AssetCo has announced the completion of the acquisition of a 30% equity interest in Parmenion, a discretionary investment manager and advisory platform for the wealth and financial planning sector. AssetCo announced that it had reached an agreement to purchase the

Melrose-based developer Rural Renaissance Limited (RRL) has broken ground on a new 14-flat retirement complex in the town centre, with support from Bank of Scotland.

House hunters in East Lothian are prioritising green areas and more space over traditional city centre dwellings as people continue to work from home, according to the latest market review by property experts, Rettie & Co.

DLA Piper has announced the appointment of Allan Leal as a partner based in Edinburgh. Mr Leal has joined the firm’s Finance practice from Scottish firm Burness Paull, where he has been a partner since 2018.

The Housing Finance Corporation (THFC) has helped Scottish housing association Dunedin Canmore, part of Wheatley Group, reduce the interest rate it pays on a loan from the European Investment Bank (EIB) to just 1.25%. The 20-year loan was signed in 2010 at 3.00%, as part of a £345m funding dea

Standard Life, part of Phoenix Group, the UK’s largest long-term savings and retirement business, has today announced a new programme of investment. The purchase of the Standard Life brand in May 2021 from abrdn is strategically important to Phoenix Group as it pursues a growth strategy that w

Alpha Projects, a north-east contracting business specialising in construction, fit-out and refurbishment projects, has grown from a £5,000 start-up to securing £7.6 million turnover in just three years. After four years incorporated, and three and a half years trading, co-founders Kevin

Law firm Gilson Gray has taken over fellow Dundee legal firm Baillie Shepherd as it pursues further growth in the city. The deal, which was mutually agreed, will see all Baillie Shepherd employees join the Gilson Gray team in Dundee, including directors Alan Baillie and Peter Shepherd along with wel

The Farm Energy Company has reached financial close and broken ground on its 28MW solar and wind power development at GSK’s Irvine facility, one of Scotland’s largest individual consumers of electricity.

A cross-border collaboration project to develop an energy and cost-efficient power management system for the aquaculture sector has secured up to £129,428 investment from Highlands and Islands Enterprise (HIE). The project aims to research and develop a clean energy storage system, recharged f

Tourism businesses, communities and social enterprises are set to benefit from £1.47m of net-zero transition funding being distributed by Highlands and Islands Enterprise (HIE).

Police officers came to the rescue of seven baby squirrels whose tails were tangled together. A concerned citizen in Grand Blanc Township, Michigan rang 911 after spotting the troubled scurry of squirrels.

Anderson Anderson & Brown (AAB), the tech-enabled business critical services group, has announced the promotion of Katy Thomson to director. Ms Thomson who is based in the business’ Edinburgh office, is a key member of AAB’s corporate tax team, advising both individual and corporate

Wylie & Bisset, the Glasgow-based chartered accountants, has appointed Scott Grant, a seasoned head of sales with demonstrable success driving profitable growth in highly competitive markets, as its first-ever business development director. Experienced at developing new customer networks and mai

RSM UK in Scotland has strengthened its plans for long-term growth almost doubling its annual trainee intake, recruiting a record number of trainees, with the majority joining the firm this summer. The leading audit, tax and consulting firm has recruited 39 new recruits across five Scottish offices,