News

Furniture and fit-out company Havelock International has been acquired out of administration for an undisclosed sum by contract furniture specialist Deanestor. The long-established Havelock Europa business was listed on the main London Stock Exchange for 31 years, from 1987 to 2018 with a peak turno

A strong summer performance and a broad range of homes available helped CALA Homes (East) secure more than 100 reservations within a single quarter. The developer, which is currently selling homes in East Lothian, Midlothian and Edinburgh achieved its record three month period in July-September, wit

Scottish agriculture charity RSABI raised over £50,000 at its annual Great Glen Challenge event with support from Bank of Scotland and RBS. The popular event has raised over £350,000 in recent years with support from over 500 rural competitors, representing over 130 company teams si

Glasgow-based fintech Altia-ABM has been chosen to provide software which will help the authorities in Peru combat financial crime. The Minister Publico announced that it will utilise financial investigation technology and analysis software to accelerate complex financial investigations and str

Companies are falling short of investors’ expectations for clearer reporting on climate-related issues, according to a new report from the Financial Reporting Council's (FRC) Financial Reporting Lab.

Begbies Traynor has acquired the Leeds-headquartered firm Ernest Wilson in a deal worth up to £5.6 million. Begbies Traynor, which has five offices in Scotland, has obtained Ernest Wilson which operates sectors ranging from food outlets and convenience stores to care homes, restaurants and hot

Department store chain Watt Brothers has gone into administration, with Blair Nimmo and Alistair McAlinden of KPMG LLP appointed as joint administrators. The fourth generation family-owned business, incorporated in 1915, operates a chain of department stores including its freehold flagship store on

France's most celebrated architect Jean Nouvel has laid a criminal complaint for fraud, embezzlement and favouritism against the Philharmonie de Paris.

Global payroll and tax compliance specialist activpayroll, headquartered in Aberdeen, has announced plans to boost its presence in the Middle East with a new regional hub in Dubai. The new office will allow the firm, which has provided payroll services to customers in the Middle East for over 15 yea

A popular East Lothian wedding venue has announced plans to expand with support from a £780,000 funding package from Bank of Scotland.

Scottish company Murgitroyd Group has been acquired for £62.8 million by Sovereign Capital Partners LLP. The firm has been bought by Project Petra Bidco, a newly-incorporated entity indirectly controlled by funds managed by Sovereign Capital Partners, at 675p a share.

Multrees Investor Services has announced plans to move to new premises in the heart of Edinburgh city centre early next month. The company, which provides a range of outsourced platform services and technology for investment firms, has taken up a new tenancy at 40 Princes Street.

Souter Investments, the private family investment office of Stagecoach co-founder and chairman Sir Brian Souter, gained around £80 million in value last year.

Legal & General Affordable Homes (LGAH) has confirmed its commitment to invest £750 million to new affordable housing projects throughout the UK - increasing its development pipeline to nearly 3,500 homes across 41 projects.

Scotland has always been different from the rest of the UK when it comes to claims and litigation. With a separate jurisdiction and its own unique legal concepts and rules, it has been essential for insurers to understand and acknowledge the quirks of the Scottish system and to deal with them accord