Cornelian Asset Managers has been sold to Brooks Macdonald for a fee of up to £39 million. It was revealed in a stockmarket announcement, that Brooks Macdonald has acquired 100% of Cornelian's issued share capital from its shareholders, including senior management.
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The launch of high-protein Icelandic Skyr has helped Graham's Family Dairy's increase its profits before tax to £2.2m. An encouraging growth in year-on-year sales, Graham’s reports a 4.7% rise in turnover up £4.9m in 2018 to £109.0m this year. The dairy a
Chartered accountant Wylie & Bisset has become the sole Scottish member and the exclusive representative for Glasgow of the Corporate Finance Network nationwide group of specialist corporate finance advisers. Consisting of selected accountancy firms and business advisors providing SMEs and owner
Following the announcement made by the Living Wage Foundation that the real living wage in the UK and London has increased, Jenny Stewart, head of infrastructure, government and healthcare at KPMG discusses what increasing the real Living Wage means for Scottish workers. Today, the real Living Wage
Male entrepreneurs are more likely than female entrepreneurs to ask for funding from an external source, a new survey by Royal Bank of Scotland reveals.
Housebuilder Mactaggart & Mickel has today hailed a “strong” set of financial results amid an “uncertain political and economic landscape”. The fourth-generation family-owned company, founded in 1925, reported a £2.4 million rise in turnover for the year to 30 April
Edinburgh-based fintech company Nucleus Financial Group has reported a market-beating performance over the last quarter. The firm reported that its Assets Under Administration (AUA) increased 6.8% year-on-year to £15.7 billion compared with a benchmark FTSE All-Share Index fall of 1.6%.
The largest payday lender in the UK, QuickQuid, has fallen into administration and left more than one million customers facing financial uncertainty. CashEuroNet UK, which operates the QuickQuid and On Stride brands, has stopped lending following the appointment of Grant Thornton as its adminis
First Minister Nicola Sturgeon has announced that retailers who are required to accept the return of single-use drinks containers could qualify for rates relief.
Royal Bank of Scotland (RBS) has posted a loss in the third quarter after being hit by £900 million in charges for payment protection insurance. The bank also said that its investment bank had a "particularly challenging" three months.
Citizens Advice Scotland (CAS) issued a warning yesterday that an increasing number of people may be being sold debt solutions that don’t work for their circumstances. CAS made the claim in response to the latest quarterly figures released yesterday from Accountant in Bankruptcy, which show a
Scottish retailers are likely to face a £12 million increase in their business rates bill, new analysis from the Scottish Retail Consortium (SRC) has revealed The Office of National Statistics Consumer Price Index (CPI) figure revealed inflation in September stood at 1.7%. The September figure
The audit and accountancy profession is lagging behind business when it comes to the diversity of senior management, according to new research by the Financial Reporting Council (FRC).
Apropos by DJ Alexander has said that Boris Johnson’s EU deal is unlikely to stabilise UK house prices. The firm believes that even if the agreed deal is passed in Parliament, the housing market will still face uncertainty as the wider ramifications of the deal for the UK leaving the EU remain
The number of Scottish businesses in 'critical' distress is markedly higher than in the rest of the UK, new data from Begbies Traynor reveals. The Red Flag Alert report carried out by the insolvency specialist revealed that the number of Scottish businesses in such a sate has risen by 32% compared w
