Aberdeen Asian Income Fund Limited, a fund managed by Aberdeen Standard Investments (ASI), has posted strong results for the year ended 31 December 2020. Over the 12 months ended 31 December 2020, the Company’s net asset value (NAV) increased in sterling terms +12.9%, compared to the MSC
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Hiring activity across Scotland rose markedly during March, according to the latest Royal Bank of Scotland Report on Jobs.
The corporate advisory team at Scottish chartered accountancy firm French Duncan has surpassed £110 million worth of transactions since the start of 2020 - while under new leadership. Over the course of the past 15 months, the team completed close to 20 transactions, with a combined value of o
Hamilton-based Dazzle & Inkspot Ltd, a family-run business of over 50 years, has entrusted its staff to take the reins after adopting employee ownership. Dazzle & Inkspot Ltd, renowned for its officially licensed fancy dress products, toys, games and recreational merchandise has secured the
Aberdeen-based accountancy firm Infinity Partnership has unveiled a strategic partnership with Aston Currency Management that significantly broadens its service offering to clients. Infinity has teamed up with Aston Currency Management to offer treasury management and foreign exchange (FX) services
Jamie Dimon, the head of JP Morgan, has warned that he could move all bankers serving European Union clients out of London as regulators in Europe seek to poach the City’s business. In his annual letter to shareholders, Mr Dimon said that Brexit “cannot possibly” boost the UK econo
Level E Research, the Edinburgh based leader in artificial intelligence (AI) investment solutions, has just closed a seed funding round raising £1.2 million from a group of private investors including leading figures in the investment management industry. The business, founded by Dr Sonia Schu
Glasgow-based vegan subscription business TheVeganKind has raised £3.5 million in Series A Capital funding after being advised by PwC. Husband and wife co-founders, Scott and Karris McCulloch launched TheVeganKind subscription delivery box service in 2013 after identifying challenges associate
Grant Thornton has seen a sharp increase in profit within its audit division after the firm invested £17 million in 2019 to improve the quality of its audit work. The accountancy firm posted an audit profit of £11.3m for the 12 months to the end of December, compared with £1m for t
The International Monetary Fund (IMF) has said that wealth taxes, income tax surcharges and solidarity business levies should be considered by the UK Government to support those who have been hit the hardest by the coronavirus pandemic and to help tackle rising public debt. The organisatio
Staff at Italy’s national lottery have allegedly hacked into company computers to identify winning numbers and claim €24 million for friends and family.
KPMG has launched its annual search for Scotland’s top tech innovator which has seen previous winners such as Echo and What3Words go on to become household names. The competition, which follows the success of KPMG’s long-running Best British Tech Pioneer competition, is open to scaleup b
Falkirk-based Palimpsest Book Production Ltd, which is linked with some of the UK’s biggest titles, has gone through its first rebrand in 27 years. The employee-owned book production firm is renowned as the UK’s market leader in the provision of typesetting and pre-press services to the
Three-fifths of business owners in Scotland say that the covid crisis has made self-employment less attractive, according to a new study conducted by the Federation of Small Businesses (FSB) in Scotland.
Paula Barlow, probate manager at global financial services firm ZEDRA, discusses the importance of understanding probate and inheritance tax. Inheritance tax has attracted a lot of negative media attention, with many describing the tax as ‘complex and confusing’ and in need of a complete