News

Aberdeenshire-based STATS UK Limited (STATS) today announced that its shareholders have executed a Share Purchase Agreement to sell 100% of the issued share capital of the company to SRJ Technologies Group plc (SRJ). The acquisition combines Aberdeenshire-based STATS with SRJ’s portfolio of di

The Wellgate Shopping Centre in Dundee was sold to a private investor for £1.4 million on Monday. The Wellgate has 76 retail units situated across three floors and a 583-space multi-storey car park.

The Financial Conduct Authority (FCA) has accepted recommendations made by John Swift QC, who was commissioned to review the design, implementation and operation of the redress scheme set up for customers who were missold interest rate hedging products (IRHPs) from 2001. The actions taken by the Fin

Thai Express Kitchen has officially opened the doors of its first-ever Scottish venue in Edinburgh’s St James Quarter following a £500,000 investment in the site.

NatWest has been fined £264.8 million following convictions for three offences of failing to comply with money laundering regulations. Mrs Justice Cockerill, the sentencing judge at Southwark Crown Court, yesterday said: “….it must be borne in mind that although in no way complici

SIPP provider iPensions Group has acquired business assets of FCA-regulated firm, Forthplus Pensions, which is currently in administration, providing certainty to its 2,500-plus customers. iPensions Group’s acquisition of the Edinburgh-based SIPP provider and administrator enables customers wh

Scotland’s Budget will deliver record levels of investment in tackling the climate emergency – helping to protect and restore the natural environment, and slash emissions from homes, industries and transport. The 2022-23 budget provides more than £2 billion for measures that will a

Oil exploration company Hurricane Energy has repurchased $28.5 million in convertible bonds which were due in 2022, saving $2.8 million in debt repayment and interest charges. The Surrey-based company, which focuses on the west of Shetland, acquired the bonds from Stifel Nicolaus Europe Limited and

A rare cask-aged collection of rums from Banchory-based Dark Matter Distillers has sold at auction for £41,800. The nine bottles date back to the opening of the distillery in 2015. All of them were aged in a virgin American oak barrel at 63.5 per cent ABV.

Hiring activity across Scotland rose at a slower pace in November, according to the latest Royal Bank of Scotland report on jobs. Permanent staff appointments rose at the softest rate since February, while the rate of increase in temp billings moderated to a seven-month low, although the upturns rem

Operators of furnished holiday lettings businesses will have been affected by restrictions during the Covid-19 pandemic, but all is not necessarily lost, according to Jenny Healy. The pandemic has clearly impacted the UK’s tourism sector heavily, including many Furnished Holiday Let (FHL) busi

DSW Capital, owner of the Dow Schofield Watts brand, has raised £5 million in an initial public offering (IPO). The flotation gives the company a market capitalisation of £21.4m, based on a share price of 100p.

Accountancy firm Azets has announced the promotion of Edinburgh-based partner Gary Devlin to UK head of internal audit and the appointment of Glasgow-based Elizabeth Young as an internal audit partner for Scotland and the North. Mr Devlin will lead a team of over 50 staff delivering an extensive ran

Kenny Barclay has been appointed as finance director at Rangers FC. He will join the club's board of directors ahead of its 150th anniversary year, the club announced in a short statement on Saturday.

Business advisory and accountancy firm Johnston Carmichael has announced the promotions of 64 people, including the appointment of two partners and a director. Amongst the partner promotions are James Hamilton and Grant Roger of Johnston Carmichael’s audit team which is experiencing a signific