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Anders Holch Povlsen, 49, once again heads the 2022 Sunday Times Scottish Rich List with a personal fortune of £6.5bn, up £500 million on last year. He is also now Scotland’s largest landowner with more than 220,000 acres. Povlsen is owner of the Danish fashion retailer Bestseller
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Anderson Anderson & Brown (AAB), the tech-enabled business-critical services group, has announced the appointment of Doug Michael as partner and United States (US) tax practice Lead, based in the business’ London office. Mr Michael joins AAB to launch a brand-new US tax service as part of
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Haddington-based investment management firm McInroy & Wood has appointed David Cruickshank, the former global chairman of Deloitte, as its new non-executive chairman. Mr Cruickshank replaces Simon Fraser, who died suddenly in August 2021. Tim Wood, the firm’s chief executive, served as int
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Edinburgh-based private bank Hampden & Co has appointed Hannah Berridge as head of professional partnerships. Based in London, Ms Berridge reports to chief commercial officer, Andrew Bell.
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Vicki Bibby has been appointed as the new chief operating officer of Audit Scotland. Ms Bibby is an experienced leader in Scotland’s public sector and joins Audit Scotland from her current role as director of strategic planning and performance at Public Health Scotland, a post she has held thr
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Andrew Croxford has been appointed as the thirty-third chairman of the Carnegie Dunfermline and Hero Fund Trust succeeding Fiona Robertson who has served as Chair for the last two years. Mr Croxford is a chartered accountant and senior partner at Dunfermline-based, Thomson Cooper Accountants and joi
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Chiene + Tait (C+T) has announced the appointment of Grant Mackay, a VAT specialist with more than 25 years’ experience, to its Inverness team. With experience across in a number of core sectors including agriculture, landed estates, charities, public sector and owner-managed businesses, Mr Ma
Reading time: 5 minutes
The cost of living has become the leading concern among Gen Zs and millennials in the UK, according to Deloitte’s latest Gen Z and Millennial Survey. A total of 31% of Gen Zs and 38% of millennials cited this as their greatest concern, overtaking climate change from the top spot in last year&r
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Anderson Anderson & Brown (AAB), the tech-enabled business-critical services group, has announced the appointment of Doug Michael as partner and United States (US) tax practice Lead, based in the business’ London office. Mr Michael joins AAB to launch a brand-new US tax service as part of
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Company directors who either commit VAT fraud or fail to demonstrate procedures to prevent VAT fraud in the supply chain are being targeted by HMRC with a trader monitoring campaign shaped by The Kittel Principle. This principle defines whether a director has been fraudulent, knew about a fraud or,
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Research from Grant Thornton UK's latest Business Outlook Tracker shows that over half (52%) are finding it harder to operate their business today, compared to 12 months ago. To manage cost pressures, 61% of respondents said that their suppliers have agreed to more flexible (longer) payment terms, a
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The Institute of Chartered Accountants in England and Wales (ICAEW) is set to receive the entire £14.4 million fine imposed on KPMG last week for its role in the Carillion scandal. Last week, Scottish Financial News reported that KPMG was set to be fined after a Financial Reporting Council (FR
Reading time: 3 minutes
Aberdein Considine has announced that it is to merge with Edinburgh law firm and solicitor estate agent Russel+Aitken Edinburgh LLP. The combined businesses – which will trade under the Aberdein Considine brand – will together employ over 480 staff and have a turnover
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Edinburgh-based financial services training provider Redmill Advance has entered into a partnership with True Bearing Chartered Financial Planners (part of the Amber River Group), providing digital learning solutions across the entire business. Under the new partnership, True Bearing benefits f
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Amity Fish Company, a Peterhead fish firm that switched from wholesale to e-commerce landed the FSB Small Business of the Year 2022 award at a special ceremony that took place in Glasgow yesterday. The firm, led by Jimmy Buchan star of the BBC’s Trawlermen TV series, netted the overall prize a
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Almost a quarter (24%) of Scottish small or medium-sized enterprises (SMEs) have seen the number of late payments they receive increase since the cost of living has gone up, according to new research from Barclays.
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Edinburgh and Glasgow-based digital skills academy CodeClan has added travel site Skyscanner, Sainsbury’s Bank, and media organisation DC Thomson as industry partners as Scotland’s national digital skills academy looks to further scale up and strengthen its graduate pipeline. Already wor
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