Iain Fraser and Chad Griffin, partners with FRP, have been appointed joint administrators of N-Sea Offshore Limited, an Aberdeen-based integrated provider of subsea services. N-Sea Offshore was launched in 2014 and is a subsidiary of the global N-Sea Group which is headquartered in the Netherlands.
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Accountancy and business advisory firm Azets has appointed Chris Horne as its new CEO. The role includes overall responsibility for Azets and Blick Rothenberg, with over 160 offices across the UK and the Nordics.
The Financial Conduct Authority (FCA) is extending the end date of the Temporary Registrations Regime (TRR) for existing cryptoasset businesses from 9 July 2021 to 31 March 2022. The TRR was established last year to allow existing cryptoasset firms, which applied for registration before 16 December
Firstport and Social Enterprise Scotland has launched a new Catalyst Fund offering £50,000 loans to support social enterprises to start and scale their businesses. The Catalyst Fund offers loans using a flexible, revenue-based repayment model. This unique model enables social enterprises the f
Shares in Scotgold Resources, the gold exploration and production company focused on Scotland, rose by more than 4% on Tuesday, after the company announced a resolution of various technical issues affecting the processing plant. The Cononish gold mine in Argyll has been producing both gold concentra
Visitors to Scotland’s finest beauty spots and historic locations will be able to enjoy sweet treats from Mackie’s of Scotland following a landmark new contract. The Aberdeenshire brand has become the official ice cream supplier to at least 29 National Trust for Scotland (NTS) venues whi
The Royal Mint has celebrated the upcoming official celebration of the Queen’s 95th birthday and her coronation anniversary with projections on the walls of the Tower of London of coins from her reign. The 90-foot display featured coins bearing the five effigies of the Queen used since she cam
Edinburgh Worldwide Investment Trust plc, a fund managed by Baillie Gifford, has posted a 24.9% increase in net asset value (NAV) per share for the six months to 30 April 2021. At the same time, the companies comparative index increased by 30.3% and the share price rose by 24.5%.
The Strathclyde Pension Fund, which is Scotland's largest local government pension fund, has announced it will stop investing in fossil fuel firms that fail to meet environmental standards.
The lifting of restrictions and a positive outlook for manufacturers and oil and gas businesses in 2021 will spark a stronger than previously projected lift-off for the Scottish economy this summer, according to the latest analysis in KPMG’s UK Economic Outlook. Scotland’s GDP will grow
The latest Football Distress Survey conducted by Begbies Traynor has revealed a 33% rise in the number of very early financial ‘Red Flags’ at Scottish football clubs. The survey, which has been conducted annually since 2012, has previously revealed a deceptively rosy picture of
The Edinburgh Tax Network, in conjunction with CIOT and Terra Firma Chambers, will present a webinar entitled Employment Taxes – Latest Updates on 23 June 2021 from 1pm to 2pm. The speaker will be Caroline Colliston, Corporate Tax Partner at DWF. She will discuss:-
Finance minister Kate Forbes is to deliver a ministerial address to open tech investor conference EIE21 next Thursday 10th June. Forbes, a former digital economy minister, was re-elected as MSP for Skye, Lochaber and Badenoch in the Scottish Parliament election in May, before being appointed as Cabi
The Institute of Directors (IoD) Scotland has welcomed its new national director, Louise Macdonald in the same week that it has moved its new members' hub to the Royal College of Physicians at 12 Queen Street, Edinburgh. Ms Macdonald, who is the first female National Director of the organisation in
Real estate advisor Avison Young has released its latest UK Cities Recovery Index data for Edinburgh and Glasgow, highlighting market activity and the speed and trajectory of the recovery following the ongoing impact experienced across the cities as a result of Covid-19. Reduced restrictions and dec