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Thomson Cooper appointed as Fife manufacturer goes into liquidation

Thomson Cooper appointed as Fife manufacturer goes into liquidation

Dunfermline-based accountancy firm Thomson Cooper has been appointed after Glenrothes-based kitchen manufacturer Murray and Murray Limited was placed into liquidation with the loss of almost 40 jobs. The employees at Murray and Murray, which designed and manufactured bespoke kitchens and interiors, were made redundant with immediate effect after directors took the decision to wind up the […]

Richest one per cent of Scots holds more wealth than whole of bottom half combined

Richest one per cent of Scots holds more wealth than whole of bottom half combined

Eighty-two percent of wealth generated across the world last year went to the richest one percent of the global population, while the 3.7 billion people who make up the poorest half saw their wealth flatline, according to a new report published today by Oxfam as political and business elites gather in Davos for the World […]

Department for Work and Pensions signs 15 year Atlantic Quay 1 lease

Department for Work and Pensions signs 15 year Atlantic Quay 1 lease

The Department For Work and Pensions (DWP) has signed a 15-year lease on 85,000 sq. ft of office space at Atlantic Quay 1. DWP will join a number of high profile organisations already based at Atlantic Quay Buildings 1, 2 and 3, including Lloyds Banking Group, the Scottish Courts and Tribunals Services and housebuilder Mactaggart & […]

Annual Scottish business failures fall to eight-year low – KPMG

Annual Scottish business failures fall to eight-year low – KPMG

New figures from professional services firm, KPMG shows the number of businesses failing in Scotland fell to an eight-year low in 2017. The firm’s latest insolvency statistics reveals the number of corporate insolvencies at the end of 2017 stood at 832, a figure not seen since 2008 (803). An annual comparison with 2016 shows a […]

RBS battering continues as MPs call for criminal charges over “largest theft anywhere, ever”

RBS battering continues as MPs call for criminal charges over “largest theft anywhere, ever”

Royal Bank of Scotland’s treatment of small businesses may be the “largest theft anywhere” the House of Commons heard during a debate held yesterday over the bank’s conduct towards business customers in the wake of the financial crisis. The debate centred around the lender’s now notorious Global Restructuring Group (GRG), and contributions from MPs included […]

RBS announces £75m fund for impacted small businesses in Carillion’s supply chain as banks rally to assist

RBS announces £75m fund for impacted small businesses in Carillion’s supply chain as banks rally to assist

Royal Bank of Scotland has announced that it is offering a range of “flexible options” to support impacted small business customers in Carillion’s supply chain, providing payment holidays and assistance with their overdraft to help manage any short-term cashflow challenges in the wake of the construction and services giant’s demise. The measures announced by RBS […]

Finance recruiter grows Scottish team as demand for staff continues to rise

Finance recruiter grows Scottish team as demand for staff continues to rise

Accounting and CFO recruitment specialist iMultiply has increased its headcount in Scotland in response to rising client demand. The firm said its workforce has increased by over 50 per cent in the past year, in addition to opening a Belfast office last Autumn. In its latest appointment, Daryl Harper, an accounting and CFO recruitment specialist, […]

Investment in Scottish hotels pushes £200m after 60 per cent year-on-year rise

Investment in Scottish hotels pushes £200m after 60 per cent year-on-year rise

Investment in Scottish hotels in 2017 reached £195 million across 23 deals, marking more than a 60 per cent increase on the total investment volume recorded the year previously (£119.74m), according to new Savills research. The consultancy firm said total value of hotel deals soared across the whole of Scotland last year, as overseas investors took advantage […]

Scotland’s future entrepreneurs to benefit from world leading learning partnership

Scotland’s future entrepreneurs to benefit from world leading learning partnership

Scotland’s next generation of business leaders will benefit from entrepreneurial learning as Entrepreneurial Scotland’s Saltire Fellowship programme is delivered in Scotland for the first time by Strathclyde Business School. The six month leadership development programme is led by Entrepreneurial Scotland in partnership with Babson College in Boston, USA. Babson College has ranked No. 1 in […]