News

Canadian decarbonised heating specialist Noventa Energy has acquired three innovative heat from wastewater assets from Scottish Water Horizons located in Glasgow, Stirling and Campbeltown, for an undisclosed sum. The acquisition was funded by infrastructure manager Ancala. The firm invested in Noven

Pinsent Masons has appointed Edinburgh-based partner Walter Clark to join its UK financial services corporate team. Mr Clark is an M&A lawyer with a primary focus on deals in the financial services sector across the UK, particularly for clients with a strong presence in Scotland.

Wright, Johnston & Mackenzie LLP (WJM) and Irwin Mitchell Scotland recently hosted a special Indonesian business outreach event in Glasgow.

Edinburgh has retained its position as the most attractive city for UK regional hotel investment for the fourth consecutive year running, and has moved up one spot to ninth most attractive in Europe, according to Deloitte. Over half (54%) of respondents to Deloitte's 2024 European Hotel Industry and

Increasing capital gains tax (CGT) will not lead to lower investment, slower growth or reduced entrepreneurship, according to analysis from the Institute for Public Policy Research (IPPR). Despite recent claims in the media by a few wealthy individuals, the think tank has consulted with several mill

Global investment company abrdn is calling for urgent measures to be brought in to protect and support listed smaller companies in the UK – including immediately abolishing stamp duty on FTSE 250 shares. This comes following the launch today of a report by New Financial, the influential think

Johnston Carmichael has partnered with European accelerator and early-stage advisory firm Mountside Ventures to empower emerging VC managers and bolster the fundraising system. The firm was selected as Mountside Ventures’ Emerging VC Managers Accelerator Programme’s sole accountancy

A former walled garden within an historic estate with links to Robert Burns and Winston Churchill could soon be brought back to life as a private distillery.

Grant Thornton UK has attracted interest from several private equity firms. Cinven, EQT, and New Mountain Capital (backer of Grant Thornton's US business) are reportedly shortlisted to acquire a stake in the firm. The deal could value Grant Thornton UK at over £1.5 billion.

The World Conker Championships is investigating an allegation of cheating after a contestant was found to have a steel chestnut. The men's winner at the annual competition in Northamptonshire was searched by organisers after his rival cried foul play, The Telegraph reports.

A project to create a new high-end recording studio on the Isle of Mull in Argyll has been awarded up to £39,000 by Highlands and Islands Enterprise (HIE). New start company Heb Aisle Limited is converting a former church building in the village of Bunessan on the southern end of the island.

UK inflation fell to 1.7% in September, dropping below the Bank of England's 2% target for the first time since April 2021. This was driven by lower fuel prices and base effects from an unusually strong September 2023. However, economists expect inflation to rebound in October as energy prices rise

Glasgow-headquartered ZLX Business Solutions, which specialises in research and development (R&D) tax credits among other financial solutions, has appointed Francis Kiernan to its board in the newly-created non-executive director role. With a career spanning more than 30 years in energy and

A new analysis from the Scottish Retail Consortium has suggested shops in Scotland could see a £13 million hike in their business rates bills from April. The latest ONS Consumer Price Index reveals that inflation stood at 1.7% last month. September’s inflation rate is what UK Ministers t

Donald Trump has loaned nearly £5 million to his Scottish golf course last year as the company faced mounting losses. Trump International Golf Club Scotland, which operates an 18-hole resort in Aberdeenshire, received a £4.7m interest-free loan from DJT Holdings, the parent company owned