Management accountant Greg Colgan has been appointed as the new chief executive of Dundee City Council. Mr Colgan, a Dundee native, graduated from the University of Dundee before completing his Chartered Institute of Management Accountants (CIMA) qualification with NCR in the city.
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Edinburgh Woollen Mill (EWM) is expected to appoint FRP Advisory as administrators next week as part of a restructuring, according to reports. The retailer, which moved its headquarters from the south of Scotland to north-west England nearly two years ago, aims to close 50 stores with the loss of 60
Personal insolvencies in Scotland have remained low due to Covid-19 emergency measures, according to the latest figures from the Accountant in Bankruptcy (AiB). There were 645 personal insolvencies in September 2020, nearly 40 per cent fewer than in September 2019.
Scottish cryptocurrency scam victim Jen McAdam is set to be portrayed on the big screen by Hollywood actress Kate Winslet.
Business leaders fear a potential double hit from Covid and no-deal Brexit, new figures from the Institute of Directors reveal. In a survey of almost a thousand company directors conducted in late September, the majority said that the pandemic would magnify the impact of a no-deal Brexit on their or
Sales of £1 million-plus homes have surged across the UK, with two-thirds more deals agreed in the past four months than in the same period last year. Scotland, where the top of the market is now on an upward trajectory, is playing catch up reflecting the late post lockdown re-opening of the m
Aberdeen-based global payroll and tax compliance specialist activpayroll has announced the appointment of Nick Southwell as chief financial officer. Mr Southwell has previously worked for large international businesses, mentored start-up companies in the technology sector, consulted with various FTS
Independent financial adviser Catriona Smith has been named as Scotland's financial adviser of the year at the Women in Financial Advice Awards for a second consecutive year. Ms Smith has been an independent financial adviser at Chase de Vere since 2008 and her clients cover the length and brea
Fife-based Kingdom Housing Association’s payroll team have been recognised with a Highly Commended award at the Chartered Institute of Payroll Professionals Annual Excellence Awards.
Investment volumes in Scottish commercial property staged a recovery between July and September 2020, buoyed by the best third quarter for office deals in five years, according to analysis from two separate reports. Analysis from Knight Frank found that the COVID-19 pandemic saw investment leve
Scottish listed companies recorded the smallest increase in profit warnings across the UK during the first three-quarters of 2020, according to new analysis from EY. The number of profit warnings in the first nine months of 2020 from companies headquartered in Scotland increased by 6%, the smallest
Dundee-based investment company Alliance Trust has announced its investment manager, Willis Towers Watson, has dropped First Pacific Advisers (FPA) and appointed Lomas Capital Management to manage part of its portfolio. Alliance Trust said New York-based Lomas "does not identify with a particular pr
Finance leaders continue to rank the effects of the COVID-19 pandemic as the top risk to their businesses, followed by rising geopolitical issues and the effects of Brexit, according to Deloitte’s latest CFO survey. Almost two-thirds (62%) of CFOs do not expect demand for their own businesses
UK small enterprises saw output rise again in September, although growth continued to trail behind larger companies as smaller hospitality firms were hit by restrictions on trading, according to new analysis from the Royal Bank of Scotland (RBS). The RBS Small Business PMI survey provides market ins
A senior Brazilian politician was found with cash stuffed in his underpants when police raided his house in connection with the alleged theft of Covid-19 funds.