Company insolvencies in Scotland have gone up 11% year-on-year, as 115 company insolvencies registered were registered during March 2024. This was comprised of 44 compulsory liquidations, 62 CVLs, and 9 administrations. There were no CVAs or receivership appointments.
Appointments
See all articlesLocal relationship bank Handelsbanken has appointed Kevin Hulse as its first corporate manager – business development for Edinburgh. Born and bred in the capital, the 43-year-old steps into the newly-created position after two years with the bank as a corporate manager, based at its Edinburgh
Insolvency and restructuring trade body R3 has appointed Tim Cooper, partner at Addleshaw Goddard, as its new president. As president, Mr Cooper will work with R3’s CEO, senior management team and council to help shape and deliver R3’s strategy for the next 12 months and supporting its d
Edinburgh-based estate agent Simpson & Marwick has completed the first phase of its East Lothian expansion plan with the appointment of Charlotte Murray as senior property consultant. Ms Murray brings a wealth of experience to the role, with a proven track record of success in the region.
Global real estate firm Avison Young today announced that Richard Cottingham has joined the Scottish land & development team, assuming the role of director. A qualified chartered surveyor, Mr Cottingham brings over 16 years of experience within the Scottish real estate market, specialising in re
JRW Hogg & Thorburn, which was recently formed through the merger of Borders accountancy firms Hogg & Thorburn and JRW, has appointed Christiaan Hansen as its newest partner. Mr Hansen, who is based at the firm’s Hawick office, is a tax specialist with particular interest in inheritanc
Insurance services provider Willis Towers Watson (WTW) has announced a raft of promotions and expansions across its Scottish offices. Paul Bernand has been elevated to the position of senior director. He will spearhead the corporate advisory team in Scotland.
Accountancy
See all articlesIn response to evolving global ESG reporting regulations, AAB Group has introduced a dedicated ESG division. In the last year ESG reporting changes have been written into EU regulations and will be written into UK regulations over the next three years, impacting a range of businesses from larger com
Dundee-based accountancy firm Ashton McGill, which is founded by father and son Alasdair and Andrew McGill, has announced a 41% increase in annual turnover for 2023. The business attributes this success to an increased portfolio of clients across Scotland, which has propelled it towards achieving a
The Institute of Chartered Accountants of Scotland (ICAS) has marked a record year with the highest number of annual admissions in its 170-year history. Nearly 850 Chartered Accountants (CAs) joined the profession at its annual admission ceremony on 13 April.
In a significant expansion, two Borders accountancy firms, Hogg & Thorburn and JRW, have formally merged. Having taken effect on 6 April 2024, the amalgamation forms JRW Hogg & Thorburn, marking a milestone in the histories of these long-established firms.
EQ Accountants has announced its merger with Douglas Home & Co. Part of EQ's expansion plan to triple its turnover in the next five years, the alliance will see the firm's office count increase to 10 locations across Scotland and Northern England, with a combined workforce of 210 professionals.
Business
See all articlesScottish accountancy and business advisory firm Consilium Chartered Accountants has advised Cofficient on the successful transition to employee ownership. Consilium provided tax and corporate finance advisory services to the founders of the business who sold the company shareholding to an employee o
The first quarter has seen a significant downturn in cashflow and profits for Scottish businesses, with sizeable contractions recorded across four of the five sectors, according to the latest Scottish Chambers of Commerce quarterly economic indicator.
An eco-conscious couple have opened their second environmentally friendly luxury log cabin at the foot of the Eildon Hills for holidaymakers.
Business confidence in Scotland fell significantly in March, according to Bank of Scotland Commercial Banking. The bank's latest Business Barometer showed the overall confidence level dropped 15 points to 41%, with companies reporting lower optimism in their own business prospects, down 10 poin
Glasgow-based digital marketing agency GRA has embarked on an ambitious international expansion phase with a series of significant contract wins from new players in the dynamic US tech sector. While Scotland remains the dominant market for the full-service agency, the move into the US arena –