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News
AM Sci Tech buys The Maybury Casino for £2.9m
2+ day, 14+ hour ago (183+ words) Hurstwood Holdings’ subsidiary AM Sci Tech has completed the acquisition of The Maybury Casino in Edinburgh for £2.9m; reflecting a net initial yield of around 15%. The building extends to 21,991 sq ft over two floors and occupies a prominent 1.39-acre site with…...
Landlord loses??630,000 tax battle after decade-long dispute
2+ day, 19+ hour ago (514+ words) A Northampton property landlord has lost a long-running tax battle with HM Revenue and Customs, leaving him facing assessments and penalties totalling £630,922. The First-tier Tribunal (Tax) dismissed an appeal by Raza Miah against discovery assessments totalling £415,942 for the tax years…...
Speedy Hire errs on caution and warns results could be at lower end of forecasts
2+ day, 20+ hour ago (629+ words) Newton-le-Willows-based construction equipment and tools hire group, Speedy Hire, said it expects results to be at the lower end of market expectations. However, in a trading update ahead of its annual general meeting later today (September 10), it said it has…...
Tunnock's staff secure 10% pay rise
4+ day, 12+ hour ago (150+ words) More than 300 workers at the Tunnock’s factory in Uddingston have accepted an improved pay offer, removing the threat of strike action. The deal over 21 months will lift basic pay from £13 per hour to £13.61, backdated from July, which will rise again…...
BrewDog lands five-year Leicester Tigers partnership
4+ day, 12+ hour ago (285+ words) BrewDog is set to become the official beer partner of Leicester Tigers after agreeing to a five-year deal with the rugby club. The partnership, which begins with the 2026-27 season, will see the Scottish craft brewer take exclusive rights across the…...
Holiday homes manufacturer falls into administration
4+ day, 17+ hour ago (126+ words) A Hull-based producer of holiday homes and lodges has fallen into administration. Sunseeker Holiday Homes employed an average of 76 staff in 2025, according to its accounts for the year ended 31 August 2025. The firm, which is located on Stockholm Road, Hull, was…...
Preston food processor acquired by private investor to strengthen UK food resilience
4+ day, 19+ hour ago (49+ words) TheBusinessDesk.com Preston food processor acquired by private investor to strengthen UK food resilience More from North West - Supply chain disruption and infrastructure delays hit Flowtech Fluidpower - Defence surge drives profit jump at James Fisher despite Energy slump...
Catalogue of woes for FHG amid funding concerns and losses as buyer 'identified"
4+ day, 20+ hour ago (710+ words) The future of Bradford catalogue brands Freemans and Grattan is uncertain as a potential sale remains unresolved and their owner warns of the need for further funding. The latest accounts, filed at Companies House, reveal combined pre-tax losses of almost…...
Headlam sells Bristol depot for??3.15m as administration looms
4+ day, 21+ hour ago (163+ words) Headlam Group has completed the sale and leaseback of its Bristol distribution centre, raising £3.15m as part of its ongoing strategic review. The sale, excluding VAT, represents a 50% premium to the property’s £2.1m book value and a 13.7% premium to its last market…...
Why rushed exits can harm returns more than increasing taxation
4+ day, 22+ hour ago (304+ words) By Harry Walker, Partner at DSW Corporate Finance The looming tax shadow over business owners Business owners will already be conscious of the increased rates of capital gains tax (CGT) attaching to a business sale. The higher rate of CGT…...