Scotgold Resources, the gold exploration and production company focused on Scotland, suffered a drop in value yesterday after issuing a warning that output in its first year of production at the Cononish Project would be “materially less” than previously anticipated. In a production
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Private equity investment manager Foresight Group has made a £1.25 million growth capital investment under the Scottish Growth Scheme into FURTHER.SPACE Limited, a luxury glamping pod holiday company, providing outdoor premium short breaks in Scotland and Ireland.
As restrictions start to ease and the wider economy re-opens across Scotland, a major survey published today by Addleshaw Goddard, highlights that business sentiment has improved since the last quarter of 2020. The latest Addleshaw Goddard Business Monitor report – produced in partnership with
Staff and partners from Johnston Carmichael connected their offices across the country by passing a virtual baton from Inverness to Glasgow to take part in Scotland’s Virtual Kiltwalk, raising over £7,500 for Scottish charities.
A man who was found with suitcases full of more than £800,000 in cash at Glasgow airport has been jailed and the money has been seized.
Tim Cooper, chair of insolvency and restructuring trade body R3 in Scotland, has said that the low levels of corporate and personal insolvencies in Scotland over the last year cannot last forever. The number of corporate insolvencies (liquidations and receiverships) in Scotland fell by 31
Label Ventures, the Edinburgh-based startup that connects leading financial services brands to the world's most pioneering creatives and tech teams, is launching a new London base on May 3 as it rolls out its international expansion plans. The London team will be led by Paul Bowman, a founding partn
Bank of Scotland owner Lloyds Banking Group has posted £1.9 billion of pre-tax profits for the first quarter of this year, as the group released some of the provisions it had made for potential loan losses after the coronavirus outbreak. The bank released £459m from its cash reserve
Soben, a quantity surveying and commercial management consultancy headquartered in East Kilbride, has expanded its operations into the United States. The company’s new US headquarters will be located in Chicago, IL with the newly-hired North America CEO Joe Cusick leading a team of 11 consulta
Stuart Patrick, chief executive of Glasgow Chamber of Commerce, highlights the need for a plan of action for Scotland's airports in the wake of the coronavirus pandemic. It is common ground amongst the various political parties that the next Scottish Parliament must tackle recovery from the pandemic
activpayroll, the global payroll and tax compliance specialist headquartered in Aberdeen, has appointed David Deacon as its chief people officer. Mr Deacon has had a very successful career as a leader in the Human Resources profession and brings over 30 years of international HR experience to t
KPMG has appointed Rob Aitken as the new director of its transaction services team as it eyes post-lockdown growth across its Scottish offices. Mr Aitken will be based at the firm’s new city centre offices in Aberdeen, providing support to a range of clients including energy firms as they navi
Iain Penman, senior associate at Brodies LLP, discusses fiduciary duties and why they may still apply after a director resigns. Did you know that a director's fiduciary duties can still apply, even after they have resigned? This was the situation in the recent case BVI case of Byres v Chen ) where a
The Financial Conduct Authority (FCA) has launched a consultation on potential reforms to the UK Markets in Financial Instruments Directive (MiFID). Alongside the Treasury, the regulator is considering reforms to capital markets looking at changes to the UK’s regulatory regime to ensure t
Scotland’s political leaders have been quizzed by the Federation of Small Businesses (FSB) about their plans for getting Scotland’s local and independent businesses back on their feet.