News

The UK is losing the very skills and supply chain required to deliver its net zero ambitions, with a growing share of energy sector jobs, investment and innovation shifting abroad.

With creditor petitions for sequestration on the rise, Wbg, one of Scotland’s independent specialist full-service accountancy firms, is reminding debtors and their legal representatives of the strategic importance of the Form 33 Moratorium and the Debt Arrangement Scheme (DAS) as a preventativ

The chief executive of the Financial Reporting Council (FRC), the UK's accountancy regulator, has promised to speed up investigations into audit failures.  Richard Moriarty told the Sunday Times that the FRC needed to take disciplinary action against auditors more swiftly. He emphasised the imp

John Heaney Electrical Limited (JHE), the West Lothian-based electrical, mechanical and HVAC firm, has posted a record turnover for the third year running following a series of significant contract wins. The Livingston company’s latest set of financial results to the year end December 2024 sho

Danny McArthur, head of business development at Hardies Property & Construction Consultants, is to leave the firm after 26 years.  The firm said the shift marks the start of a new era, as it will refocus its efforts on exploiting its unique potential throughout Scotland.

The Company Voluntary Arrangement (CVA) meeting for Inverness Caledonian Thistle FC, crucial for the club's exit from administration under Mr Alan Savage's proposed takeover, has been rescheduled from 22 May to Wednesday 5 June. Joint administrators at BDO confirmed significant progress had been mad

A new major manufacturing facility for the production of hydrogen-electric powertrains is to be built at the Advanced Manufacturing Innovation District Scotland (AMIDS) in Renfrewshire. US-based ZeroAvia is developing the world’s first zero-emission engines for commercial aviation and will adv

Chartered surveyor DM Hall has appointed Darroch Robertson, a qualified surveyor with over twenty years’ professional experience in senior roles, as a director in its Inverurie office. Formerly a partner for over ten years with another nationwide firm of chartered surveyors, Darroch graduated

The future of one of Scotland’s largest security and safety businesses is in good hands as the founders step down and pass ownership over to their children. Connelly Security Systems, better known as CSS, was formed in 1986 by Paul Connelly and his brothers, Jim and Pat. Since formation CSS ha

The Edinburgh office of Burges Salmon has grown rapidly since its launch in 2019 and, in the past 12 months, Scottish lawyers from across the firm’s built environment, energy and utilities, transport and financial services sectors completed over 90 transactions, totalling more than £3.1

An award-winning Glasgow family-run pizza business is moving into a larger factory in Coatbridge to meet growing demand, creating 17 new jobs and doubling its production capacity. Victor Pizza Ltd, founded in the 1970s as a small family bakery, has grown into a £5 million business while stayin

Scottish property firm, The SRE Group, has announced that its Glasgow city centre building at 10 Bothwell Street, has reached full occupancy following a significant letting to Encompass Corporation UK Limited.

Next week, on Thursday 28 May, the Highland Council's Economy and Infrastructure Committee will determine the allocation of over £3 million in UK Shared Prosperity Fund (UKSPF) monies for the upcoming 12 months. The funding, provided by the UK government, is intended to deliver a positive impa

Businesses across South Lanarkshire and East Ayrshire are being urged to be part of a must-attend event offering the chance to be part of a lucrative supply chain for a new wind farm. Since receiving planning permission in 2022, OnPath Energy’s Mill Rig Wind Farm is set to inject £91 mil

The Financial Conduct Authority (FCA) has banned Detelina Subeva from the UK financial services industry. Ms Subeva is the third former Credit Suisse employee banned for lacking integrity, following their US convictions for conspiracy to commit money laundering connected to corrupt loans to the Repu