Courtney Clelland, senior associate at Shoosmiths, has been appointed communications chair of the newly launched Scottish Network at the International Women's Insolvency & Restructuring Confederation (IWIRC). In an announcement on LinkedIn, Ms Clelland said the role of this Network is to connect
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Lanarkshire-based IT firm VectorCloud has secured a six-figure funding package from UK Steel Enterprise (UKSE) to help the business expand further. The firm has used the investment to acquire the IT service division of another local business, substantially boosting its client base.
Over 1.8 million adults in Scotland have seen their finances get worse during the Covid pandemic, according to new analysis from Citizens Advice Scotland (CAS).
Michael Reid, managing partner at Meston Reid & Co, discusses the intricacies of entering an insolvent liquidation process. The Meston Reid & Co insolvency team has already assisted a number of companies to enter an insolvent liquidation process, with many directors citing the ongoing effect
UK businesses only have one year left to register unresolved historical banking complaints with the Business Banking Resolution Service (BBRS). The Business Banking Resolution Service (BBRS) is an independent and free dispute resolution service that is appealing directly to professional services fir
Iain Masterton, head of VAT at accountants Chiene + Tait, warns small businesses that the MTD deadline is approaching. On 1 April, the final implementation phase of HMRC’s Making Tax Digital (MTD) for VAT comes into effect. From that date, any VAT-registered business or charitable organisation
PwC Canada has been fined over $900,000 by Canadian and US accounting regulators over exam cheating involving 1,100 of its auditors. The Canadian Public Accountability Board and the US Public Company Accounting Oversight Board found that PwC had failed to notice that staff were sharing answers in ex
The next 10 years will be decisive in building a more resilient, entrepreneurial and fair economy, according to economy secretary Kate Forbes.
Glasgow-based fintech Guiide has undertaken another round of funding for further innovations based on its retirement planning platform. The past year has seen Guiide grow from offering an online free consumer site only to providing bespoke versions of its platform to master trusts, employers, financ
Christine Convy, specialist restructuring and insolvency practitioner at Dunedin Advisory, discusses options for companies who are questioning their viability. With the ending of government covid support measures and govt backed loan schemes now having to be repaid, it’s no surprise that compa
Ryanair has revealed plans to invest more than $1 billion into Edinburgh Airport over the next three years as it announces its biggest ever Edinburgh schedule with eight new routes.
Responsible finance provider Social Investment Scotland (SIS) has bolstered its leadership team with the appointment of Karen McBride as its new head of finance and operations. Ms McBride joins SIS after spending nearly five years at Johnston Carmichael Glasgow where she progressed to audit director
Banking technology platform provider, BankiFi, has partnered with TSB to launch Revenu; an app, exclusive to TSB that will allow small businesses to receive quicker payments and to better manage their business finances. Revenu allows TSB’s business clients to collect customer payments from req
Edinburgh-based water retailer Business Stream has delivered nearly £100,000 of funding to nine public sector initiatives through its annual Public Sector Scotland (PSS) Water Efficiency Fund. The fund is part of a commitment made by the company to support public bodies across Scotland to deli
Azets, the accountancy firm specialising in the SME sector, has appointed David Meldrum as an associate director within the firm’s fast-growing restructuring and insolvency practice in Scotland. Mr Meldrum has specialist knowledge of all forms of restructuring and insolvency and has provided s
