The directors of an East Kilbride double glazing firm have been disqualified after failing to keep records to explain where £2.4 million had been spent from the company bank accounts. Hagit Fieldman, 54, and Gary Fieldman, 58, both now living in Israel, were directors of First For Wi
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Scotland has recorded ten high-value fraud cases during the first half of 2021, as logistical challenges for the country’s justice system begin to ease. The latest data from KPMG’s Fraud Barometer report reveals ten cases of alleged fraud took place, valued at over £2.5 million, in
The Royal Bank of Scotland has launched its Expert in Residence programme across Scotland, operating from branches and in communities across the country to help female entrepreneurs realise their growth ambitions. The initiative, which started as a two-year pilot, is being rolled out in Scotland wit
Owners of homes, farms and businesses are being urged to act promptly in seeking compensation for disruption arising from work on one of the biggest infrastructure schemes in Scottish history. Scottish Ministers have given the go-ahead to completing statutory procedures for two more sections on the
Standard Life Investments Property Income Trust Limited, a fund managed by Standard Life Aberdeen (SLA), has confirmed unaudited Net Asset Value (NAV) per ordinary share of 88.3p, marking an increase of 3.5% for the first quarter of 2021. This has resulted in a NAV total return, including dividends,
With a brace of recent reports revealing that Scottish SMEs are optimistic about the economy, chartered accountants Wylie & Bisset is advising business owners to act now to invest in digitalisation and seek advice on available tax reliefs to enable them to exploit the business opportunities aris
Fife Creamery, has welcomed a £1.65 million funding package from Royal Bank of Scotland to enable an extensive expansion into frozen food services.
John Rodger, partner and property specialist at accountants Chiene + Tait, discusses the potential consequences of the new Residential Property Developer Tax (RPDT). As the inquiry into the 2017 Grenfell fire continues, so too do financial repercussions from the tragedy which left 72 people dead.
Chartered accountancy firm French Duncan has appointed Elizabeth Leonard as its new director in its corporate tax team. It is hoped that Ms Leonard's appointment will help extend its client base in a post-pandemic economy, and beyond.
Business owners behind some of the country’s top hospitality venues have said Scotland needs to launch an industry-specific recovery plan if it has a chance of recuperating to pre-pandemic levels.
A woman has admitted providing cannabis brownies to her friends – who then panicked and called an ambulance. Elena Ravizza, 24, is due to be sentenced after pleading guilty to possession of the Class B drug at Dundee Sheriff Court.
Insurance giant Legal & General has entered into a 15-year joint venture partnership with NatWest Pension Trust Limited (NWPTL) the defined benefit pension scheme of NatWest Group, to build a £4 billion portfolio of retirement homes with net-zero carbon emissions. The two firms are investi
KPMG has appointed James Kergon as Scotland senior partner to lead the business advisory firm nationally. Mr Kergon is responsible for a team of more than 1,300 people across KPMG’s offices in Glasgow, Edinburgh and Aberdeen, with a remit to drive the firm’s growth in Scotland.
Paragon Development Finance, introduced by Melrose Commercial Finance Ltd, has agreed to provide a £4.5 million funding package to Nixon Blue to support the development of 34 new apartments overlooking Paisley’s iconic Abbey.
Independent builders merchant MKM Building Supplies is further expanding its presence in Scotland with the purchase of Spey Valley Timber & Builders Merchants.