Swinney urged to reconsider ferry fiasco inquiry
Campaigners pressing First Minister John Swinney to instigate a public inquiry into the operations of Caledonian Maritime Assets Limited (CMAL) – Scotland’s arms-length ferry procurement agency – have been rebuffed...
Higgins joins accountancy group eyeing £50m growth
Benny Higgins, the art-loving former boss of Tesco Bank, has joined Wbg, the independent specialist full-service accountancy firms, as its new chairman.Higgins, who is currently chairman of Glasgow-based investment firm...
Mitsui’s port deal with Roy MacGregor’s GEG
Global Energy Group, created by Highland entrepreneur Roy MacGregor, has agreed the sale of three group companies, including the Port of Nigg, to long term Japanese investor, Mitsui.The acquisition by...
Glasgow fibre deal delivers £35m uplift for Commsworld
A five-year £35m deal with Glasgow City Council has helped Edinburgh-based Commsworld turn in a robust performance for 2024.The Edinburgh-headquartered telecoms services provider increased turnover from £36.5m in 2023 to...
Increased M&A activity helps Burness Paull hit £93m turnover – and £35.9m profit
Burness Paull — recognised as one of Scotland’s leading deal-making legal firms — has announced yearly turnover up to £93.5m from £60.1m in 2023/24, with profits up £35.9m, from £24.3m.The...
Deal flows deliver 20% increase in profits for Shepherd and Wedderburn
A slew of high-profile deals has helped one of Scotland’s leading legal firms turn in a healthy 20 per cent rise in profits. Shepherd and Wedderburn has reported a 10...
Major battery storage plant given go-ahead in West Lothian
A Battery Energy Storage System (BESS) – in a rural setting between Bathgate and Armadale in West Lothian – has been given the go-ahead.West Lothian Council’s Development Management Committee has...
Cryogenic energy scale-up gets £3m uplift from Scottish investment bank
An innovative Scottish cryogenic scale-up has secured a £3m investment from the Scottish National Investment Bank and Hitachi Industrial Equipment Systems (HIES).The funding will support Innovatium Group Ltd, based in...
Boutique advisory firm – set up by Scots – sold to Dublin’s CubeMatch
A boutique professional services firm – founded by two Scots and based in Hatton Garden in London – has been bought by the global change and transformation consultancy, CubeMatch for...
Confidence takes a hit in face of tariffs and taxes
Turmoil in international trading leads to weakening expectations for the future performance of the Scottish economy Amid a backdrop of global uncertainty and turmoil in international trading conditions, data of...