A person pursuing a debt can, in certain circumstances, put in place protective measures in order to avoid the possibility of the debtor being unable to meet any eventual order granted by the courts, law firm Lindsays has highlighted. These measures can restrict what the debtor can do with certain a
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The EIE Investor Readiness Programme, delivered by the Bayes Centre at the University of Edinburgh, has announced a list of 36 high growth tech businesses selected for EIE22. EIE, which is supported by the Scottish Government, culminates at the EIE Showcase Conference on Thursday 6th October, where
Aberdeen-based financial advisory firm McHardy Financial has appointed Jonathan Craig as financial planning director. Mr Craig’s appointment grows the firm's workforce to 53 across Scottish offices in the Granite City, Edinburgh, Perth, Kirkcaldy and Galashiels.
The UK government has frozen the assets of five Russian banks in response to the escalating conflict between Russia and Ukraine. Part of what has been billed the "first wave" of UK sanctions targeting Russia, foreign secretary Liz Truss said the move would "hit oligarchs and banks close to the Kreml
Venture Capital (VC) investment in Scotland’s scale-up businesses more than doubled in 2021 as global investors continued to look beyond London last year, according to the latest figures from KPMG. Scotland’s scale-up businesses finished 2021 on a high with almost £100 million in V
Edinburgh-based venture capital firm Par Equity has more than doubled its annual investment into innovative technology businesses, from £12 million in 2020 to £25m last year. This was in addition to a $400m exit on the sale of portfolio company Current Health in October, which continued
Thomson Cooper Accountants, which has offices in Edinburgh and Dunfermline, has announced its recent accreditation to the prestigious Chartered Institute of Payroll Professionals (CIPP) Payroll Assurance Scheme (PAS). As the only voluntary accreditation on the market to be developed in partnership w
Glasgow-based chartered accountant, tax adviser and auditor Russell & Russell is building on the growth it achieved over the 18 months of the pandemic by adding to its talent pool with four new appointments. The business advice specialist, which increased its client portfolio by a remarkable 20%
Aberdeenshire-based STATS UK Limited (STATS) today announced that its shareholders have executed a Share Purchase Agreement to sell 100% of the issued share capital of the company to SRJ Technologies Group plc (SRJ). The acquisition combines Aberdeenshire-based STATS with SRJ’s portfolio of di
Accountancy firms Johnston Carmichael, PwC, EY and KPMG, have responded to the 2022-2013 Scottish Budget announced by finance secretary Kate Forbes yesterday. The finance secretary stated that ending Scotland’s contribution to climate change, tackling inequalities and investing in the ec
New plans from the Financial Conduct Authority (FCA) will ensure a higher and more consistent standard of consumer protection for users of financial services and help to stop harm before it happens. The FCA is concerned that currently, financial services do not always work well for consumers. The ne
Listed housebuilder Springfield Properties has agreed a conditional acquisition of Inverness-based housebuilder Tulloch Homes for a net consideration of £56.4 million. Springfield’s third acquisition since joining the market in 2017, the directors believe the move will significantly enha
Households experiencing financial difficulties are being offered greater support from the Scottish Government to help their recovery from the Covid-19 pandemic. The Money Support Scotland website, funded by the Scottish Government, will point users to a range of organisations committed to promoting
R&D and innovation was a key feature in Rishi Sunak’s Autumn Budget. The Chancellor underlined his aim to raise direct and indirect public support for R&D to 1.1% of GDP in 2024-25, well above the OECD average of 0.7%. The Government hopes to bounce back from the financial impact of th
A conservation charity has launched an £8 million public appeal to buy an estate which could become a red squirrel “superhighway”. Woodland Trust Scotland hopes to raise the funds to purchase the 4500-acre Couldoran Estate in Wester Ross, which neighbours its existing site at Ben S
