Springfield Properties has signed an agreement for the sale of approximately 11.2 acres of land for £8.7 million. The land, which equates to 85 plots, is fully owned by the group.
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The Chartered Institute of Public Finance and Accountancy (CIPFA) has appointed Owen Mapley to be its new chief executive officer. The current chief executive of Hertfordshire County Council will take up the leadership of CIPFA in the coming months, following the retirement of current CEO Rob W
A Scottish spirits producer has called on the UK government to move to protect the country’s thriving gin industry. Kim Cameron, preparing to celebrate her 10th year as owner of Angus-based business Gin Bothy, met with key MSPs, MPs, Lords and other political figures at Holyrood, Westminster a
Big Four accounting firm EY incurred over $700 million (around £555m) in additional debt on its global operating business due to the failed Project Everest, according to recently filed accounts at Companies House.
Blair Nimmo and Alistair McAlinden from Interpath Advisory have been appointed joint provisional liquidators to J S Crawford Contracts (Borders) Limited. The Melrose-based construction company, operational since 1946 and specialised in residential house building, faced severe financial strain due to
Alba Bank has announced a leadership change as CEO Rod Ashley steps down after six years in post. Jonathan Thompson will assume the role of acting CEO to lead the business over the next critical phase, bringing with him extensive start-up and SME banking experience.
Changes to what constitutes a high-net-worth individual (HNWI) are likely to have the unintended consequence of negatively impacting on women investors and women-founded businesses in Scotland, investment specialists have said. From 31 January 2024, new regulations under the Financial Promotions Ord
More than 1.1 million UK taxpayers have failed to meet the January 31 self-assessment filing deadline, resulting in a 10% increase from the previous year, as reported by HM Revenue & Customs (HMRC).
KPMG has announced its highest partner pay since 2007, with average pay reaching £786,000 in the year to September. This increase of 4% comes even as pre-tax profits experienced a decline of nearly a fifth, reaching £364 million.
Business confidence in Scotland has dropped below both the UK average and the historical norm for the country, but remains in positive territory, according to a new survey of chartered accountants. Sentiment tracked by ICAEW’s Business Confidence Monitor (BCM) for Q4 2023 put confidence at 2.0
Investment giant abrdn is to close its historic Aberdeen office as all employees are asked to work from home permanently. Staff were told this morning that there would be no further job losses in the wake of the decision.
Sharon McDougall, a DAS-approved money adviser at Scotland Debt Solutions, part of Begbies Traynor Group, outlines the implications of company administration for employees. Company administration is a statutory process that provides respite from creditor pressure for companies in financial dist
In the third quarter of 2023-24, Scotland witnessed a notable rise in corporate insolvencies, with 292 cases reported – a 7.3% increase from the previous year's figures. David Alexander, head of debt recovery at Gilson Gray, commented: “The rise in corporate insolvencies in Scotland
Scottish pension provider @sipp has successfully undergone a management buyout (MBO) led by managing director Eddie McGuire and finance director Steve Lancaster. The entire share capital of @sipp Limited has been acquired for an undisclosed sum by @sipp Group Holdings Limited, a holding company set
As freezing temperatures hit Scotland, new analysis has found that 38% of households in Scotland have described their energy bills as unaffordable and a further 51% describe them as only ‘somewhat affordable’.
