Number of Scottish firms facing ‘critical’ financial distress rises by 56% – ‘Grim’ outlook as increased payroll costs set to impact already struggling firms
New data for Q4 of 2024 shows that businesses in Scotland, along with many other regions of the UK, saw further concerning rises in signs of financial distress in the…
Begbies Traynor appoints another insolvency director in Scotland
Leading professional services firm Begbies Traynor has appointed insolvency specialist Kevin Mapstone as a director based at its Edinburgh office. With over 25 years’ experience in financial services, Kevin joins…
Growing numbers of Scottish businesses pushed to the brink of failure as economic pressures continue
With challenging economic conditions continuing to bite, businesses in Scotland, along with many others across UK, saw a rise in early signs of financial distress in the third quarter of…
Historic former Dunoon hotel and Lipton Tea residence goes up for auction
The former Hunters Quay Hotel in Dunoon, a 10-bedroom Victorian-built property with sea views that was once owned by tea magnate Sir Thomas Lipton, is to go up for sale…
Almost three quarters of consumers in Scotland are concerned about the recycling of their old mattresses
With consumers continuing to become more eco-conscious, the latest survey by the National Bed Federation (NBF) shows that in Scotland, nearly three quarters of people are worried about the fate…
Financial distress in Scotland rises as economic downturn continues to bite
While UK inflation remains sticky and the prospect of interest rate cuts is moving further away, businesses in Scotland once again saw both advanced and early signs of financial distress…
Bensons for Beds joins The Furniture Makers’ Company as a corporate member
Well-known British bed manufacturer and retailer, Bensons for Beds, is the latest corporate member of The Furniture Makers’ Company, the City of London livery company and charity for the furnishing…
AAD Transport – Joint statement by Thomas McKay and Ken Pattullo, Partners at Begbies Traynor
Over the course of the last few weeks, AAD Transport has been marketed for sale in the public domain by our agents to seek a buyer for the business and…
National Bed Federation calls on Government to end the ‘postcode lottery’ of access to mattress recycling
The National Bed Federation (NBF), which represents the bed industry across the UK, is calling on the Government to support its plans for a nationwide programme to fund a service,…
Historic Fife boutique hotel placed into liquidation
On 6th March 2023, Ken Pattullo and Kenny Craig of Begbies Traynor were appointed as joint liquidators of the Highlander Hotel Ltd which traded as the Lomond Hills Hotel in…