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Aberdeen-based Hutcheon Mearns has announced the appointment of Claire Clark as its new head of specialists and transaction advisory. Ms Clark has been with Hutcheon Mearns since shortly after its inception in 2015, with the business experiencing significant growth despite the backdrop of a depresse

The rising prominence of so-called ‘zombie firms’ – companies under sustained financial strain – is threatening to cause a significant drag-effect on the UK economy, new analysis from KPMG has found. A look at the last three annual accounts of listed UK companies (FTSE and AI

Johnston Carmichael has strengthened its corporate finance offering across the north of Scotland with a senior strategic hire. Eliza Bellamy, who brings 15 years’ M&A experience, has joined Johnston Carmichael as a director in the firm’s Aberdeen office.

Scottish Friendly, Scotland’s largest financial mutual, has today announced a significant increase in demand for Investment ISAs as it reveals another solid set of financial results in 2018. Despite challenging market conditions, the mutual reported strong growth in Scottish Friendly

A third of accountants currently see AI as all or mostly hype, while nearly 60 per cent say that in three years’ time it will become a reality, according to global research amongst nearly 2,000 Association of Chartered Certified Accountants (ACCA) members in 111 countries. The findings ar

The century- old Merrill Lynch brand is to disappear from the world of investment banking. Most of its operations will be run under the shorter name of Merrill after a decision by owner Bank of America.

TSB suffered a loss of £105.4 million before tax in 2018, down from a profit of £162.7 million the year before, as it faced the impact of disruption to its IT systems last year. The bank's financial performance was "heavily impacted by the IT migration and subsequent service disruption",

The management team at Glasgow-based VWM Wealth has announced that they have completed a management buyout led by senior staff members.

Business advisory and accountancy firm Johnston Carmichael has expanded its Edinburgh premises, after the firm signed up to an extra 1,400 sq ft of office space at 5 Melville Street. The deal takes its overall office footprint in the capital to close to 15,000 sq ft&nbs

Stuart Robb of Leonard Curtis Business Rescue & Recovery Limited has been appointed provisional liquidator of Walker MacLeod. The company, which operates from premises in Yoker, Glasgow, was incorporated in June 1981 and operates as a multi-disciplined engineering firm supplying metal fabricatio

L-R – Matthew Lowson, Jack Grigor, Barry Fraser, Kyle Evett, Moira Wilkie Grant Thornton has hired four new team members in the last month and relocated to larger office space as it continues its expansion in Aberdeen.

Partners at Grant Thornton saw their average distributable profit fall by eight per cent to £373,000 in the year ending June 2018, new figures reveal. Year-on-year revenues at the business and financial advisory firm fell by 1.8 per cent to £491 million, with post-tax profits of £7

Alasdair McKinnon, the lead fund manager of the Scottish Investment Trust accepted the Shares Award from the host Shappi Khorsandi The Scottish Investment Trust PLC (The Scottish) has announced today that it has been named ‘Best Investment Trust’ at the Shares Awards 2018.

Lloyds Banking Group has confirmed that it is cutting 6,240 jobs and creating 8,240 new ones as it overhauls its digital services.

Sue Dawe EY has increased revenue by 2.7 per cent in the UK and by 5 per cent in Scotland during a financial year ending 30 June that also saw total UK fee income rise from £2.35 billion to £2.41 billion with a five year compound annual growth rate of 7 per cent.