News

Scottish law firm Thorntons has advised on a landmark deal that will secure new social housing for some of the country’s most vulnerable people. Its experts helped UK fund manager Social and Sustainable Capital (SASC) to agree a £4.925 million loan from its dedicated social housing fund

Business confidence in Scotland fell 13 points during November to 31%, according to the latest Business Barometer from Bank of Scotland. Companies in Scotland reported lower confidence in their own business prospects month-on-month, down two points at 43%. When taken alongside their optimism in the

Amid mounting fiscal pressures and rising demands on public services, ACCA has called for a sharper focus on productivity and outcomes in the public sector as part of a transformational shift broadening the focus from cost-cutting and cost control. Published just ahead of the Scottish budget, the re

Big Four firm EY has revealed plans to cut 150 jobs within its UK consulting division. The cuts will primarily affect senior roles such as managers, senior managers, and directors. This move comes as demand for consulting services weakens following a boom during the pandemic.

Lismore Real Estate Advisors has promoted Chris Thornton to senior associate and appointed Chrissie Clancy as a surveyor as the property advisory firm grows its Edinburgh-based operation. Mr Thornton, who joined the firm in November 2020, has been an integral part of the team, contributing to key tr

Two Towns Down, Paisley's first brewery in over a century, has expanded its premises and boosted production thanks to support from Business Gateway. The business was started by Sandy McKelvie and specialises in flavoured distilled beers. It offers a wide range of products and flavours for purch

The corporate and M&A team at Harper Macleod advised on 42 transactions in October as business owners and acquiring companies acted ahead of Labour’s first budget in 14 years. With businesses anticipating a hike in capital gains tax (CGT) and other tax raising measures, the team saw a mark

Mabbett & Associates Ltd and IKM Consulting Ltd have merged to create one of Scotland’s largest multi-disciplinary consulting firms. With a combined headcount of around 200, the new firm, named Arthian, will target new sectors and larger projects with the opening of two new offices and a p

SBP Accountants & Business Advisers (SBP) – which has offices in Aberdeen, Peterhead, Fraserburgh and Banff – has announced an exciting partnership with Aberdeenshire Council FA Team and their delivery in both Peterhead and Portlethen Academies, offering students an invaluable o

MHA has shared half-year results for the first time, with revenues reaching £99 million for the six months ended 30 September 2024. This represents a 32% increase from £75m in the same period last year. The accounting group said nearly all of its offices experienced significant double-di

Bancon Group has reported an operating profit of £3.8 million for the year ended March 2024, down from £4.6m in the previous year, and a decrease in pre-tax profit from £1.8m to £1.3m. The Aberdeenshire-based housebuilding and construction group's turnover fell 26% from &poun

Glasgow-headquartered protective packaging specialist Macfarlane Group has reported a 4% decline in revenue this year. The business, which has been listed on the main market of the London Stock Exchange since the 1970s, provided a trading update for the period from 1 January to 31 October 2024.

Mike Davis, founder and owner of Edinburgh-based My Probate Partner, has been recognised at the Great British Entrepreneur Awards. Mr Davis received an 'Established Business of the Year' award at the ceremony in London's Grosvenor House on 18 November 2024.

Scottish biotech Biotangents has completed a £2.3 million investment round led by Eos and British Business Investments, and existing investors Kelvin Capital and Scottish Enterprise. Senior agritech adviser Nicky Deasy is joining the Biotangents board on behalf of St Andrews-based investment f

A cryptocurrency tycoon has eaten a banana he bought for $6.2 million.