News

Timber expert James Donaldson & Sons Ltd has acquired Scotland’s most award-winning kitchen brand, Kitchens International Ltd for an undisclosed sum. Broxburn-based Kitchens International Ltd will join the JDS portfolio of leading independent brands which includes MGM Timber, Donaldson Tim

Addleshaw Goddard’s corporate team in Scotland has advised the majority shareholders of Livingston-based lighting innovators, designLED, on its sale to Faurecia - a global automotive technology company. A specialist in advanced backlighting digital innovation, the acquisition of designLED will

Jane O’Berg, director of global mobility at Johnston Carmichael, discusses the realities of working from home. As the UK workforce prepares for a return to office life after more than a year of working from home, global mobility is proving to be a hot topic. Employees are now realising flexibi

A project to establish a new mussel packing station in Shetland for Seaspray (Shetland) Ltd has been awarded £50,000 from Highlands and Islands Enterprise (HIE). The firm recently opened a new mussel packing facility on the waterfront at Laurenson Quay, Lerwick. The project will create four ne

The volume of properties sold in Edinburgh, the Lothians, Fife and the Borders has continued to rise over the last three months, according to new figures published by ESPC.

Aberdeen Diversified Income and Growth Trust, a company managed by Aberdeen Standard Investments (ASI), has posted strong results for the six months ended 31st March 2021. Over the six months ended 31 March 2021, Aberdeen Diversified Income and Growth Trust’s net asset value per share ros

An additional 26,250 jobs are required by 2025 within Scotland's construction sector to meet demand as the industry bounces back from the pandemic, according to a new study. The Construction Industry Training Board (CITB) has predicted that the Scottish sector will grow by an annual averag

The Financial Reporting Council (FRC) has issued Amendments to FRS 102 and FRS 105 – COVID-19-related rent concessions beyond 30 June 2021. These amendments extend the application of requirements that cover the accounting treatment of temporary rent concessions occurring as a direct consequenc

A new investment programme to help deliver Scotland’s just transition to a net-zero emissions economy has been launched by the Scottish Government. The Green Growth Accelerator will speed up the delivery of low carbon infrastructure projects across Scotland and provide extra resources and tech

An elderly former nun it set to plead guilty to stealing $835,000 from a Catholic school in California to feed her gambling habit, according to US prosecutors. Despite taking a vow of poverty at 18 years old and spending sixty years in the church, Sister Mary Margaret Kreuper, 79, has admitted to em

Aberdeen-based global logistics firm Grampian Continental is on the move to a new HQ, thanks to a £1.4 million funding boost from the Royal Bank of Scotland.

Mike Rutterford, the co-founder of Edinburgh-based investment syndicate Archangels, has been awarded the Lifetime Achievement Award at the UKBAA Angel Investment Awards. Mr Rutterford is a serial entrepreneur with a 40-year career as a business angel and in property investment. Educated in Edinburgh

Sandy Begbie, CEO of Scottish Financial Enterprise, discusses the challenges faced by the financial services sector. Over the last decade, the financial services sector has faced many challenges. From the reputational damage of the 2008 financial crisis through to adapting to a new post-Brexit tradi

The Scottish Building Society (SBS) has embarked on a partnership with European climate change analysts Ambiental to assess flood risks in more than £400 million of mortgages. The modelling work draws on Ambiental’s predictive analytics, machine learning and expertise to foreca

Baillie Gifford UK Growth Trust plc has posted strong results for the year ended April 30 2021 with Net Asset Value (NAV) per share reaching 37.7% compared to a total return of 25.9% for the FTSE All-Share Index. The company's share price total return for the same period was 53.7%