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As divorce rates rise family business values will be impacted, warns expert. During the last decade the annual divorce rate in Scotland has averaged around 10,000 but this year could reach 12,000 as the cost of living, wider economic challenges and the impact of the Covid years bear heavily on relat

Empteezy Group, a Livingston-headquartered designer, manufacturer and distributor of industrial safety products and solutions, has been acquired in a management buy-out. The management buy-out has been led by Empteezy CEO David Byrne and CFO Jon Hazlewood. The team will be further bolstered by the i

Stagecoach co-founder Sir Brain Souter's family investment firm, Souter Investments, has outperformed the market showing a £70 million increase in the firm's assets in its most recent filing. The Perth businessman commented on the annual results ended 31 March 2022 stating his firm's portfolio

Fair4All Finance has warned that young people are at risk of paying more than they need to for credit because they’re not aware of lower cost alternatives. New research, published today by the Money and Pensions Service as part of Talk Money Week, shows that 25-34-year-olds are twice as likely

Glasgow-based CA firm Robb Ferguson has advised Scottish glass and aluminium specialist Cube Glass on a new share scheme that will see 11 long-standing team members own part of the business. The employees have been allotted up to one fifth of the equity shares in the company by existing shareholders

The banking and finance industry prevented a further £583.9m of unauthorised fraud from getting into the hands of criminals. UK Finance has called for all action from all sectors as despite a fall in overall fraud losses, some fraud types have increased in the UK.

More than 8 out of 10 Global and UK CEOs anticipate a recession over the next 12 months, according to new research from KPMG. The KPMG 2022 CEO Outlook asked more than 1,300 CEOs at the world’s largest businesses about their strategies and outlook – including 150 in the UK – reveal

Scotland's businesses can compete in the global technology race, so long their ambition is matched with the support required to create a truly 'digital nation'. That is among the findings of the new Tech Report Scotland 2022 by Addleshaw Goddard, in association with the University of Strathclyde's F

The ICAS Foundation has appointed Sanjay Singh as its new director to lead the work of the charity in supporting young people from disadvantaged communities in studying accounting and finance. He takes over the role from Linda Jamieson, who has been director of the ICAS Foundation since 2014.

Finance advisory firm Hutcheon Mearns has enhanced its corporate finance offering with the appointment of two new senior team members and the promotion of another following a period of significant growth. Hutcheon Mearns has advised on or supported transactions with a total valuation of over £

Despite ongoing inflationary pressures, construction firm Kier Group has been able to increase its adjusted operating profit and raise its operating margin while achieving a "significant reduction in debt. Announcing its results for the year ended 30 June 2022 this morning, the infrastructure servic

Farmers across the UK have seen the costs of running their businesses soar over the past 12 months, with new research from NatWest revealing that 99% have seen at least one routine expense rise above the general UK CPI inflation rate of 9%.

Deliveroo has reported a £147.3 million pre-tax loss in its interim results, up 54.4% from £95.4m for the same period last year. The results announcement comes as the takeaway giant losses Lord Simon Wolfson from its board.

UK mutual insurer Royal London has announced profits of £109 million for H1 2022 in its interim results. The rise in operating profits before tax is an increase of 36.25% from £80m (H1 2021) and comes after 140,000 new pension policies were taken out by customers in the first half of the

Business transformation and advanced data science consultancy Optima Partners has received £2.3 million from investment company BGF. Optima Partners is an Edinburgh-headquartered data science and transformation consultancy founded in 2013, with offices in London and Bristol.