Petra Wetzel Petra Wetzel, the founder of independent Glasgow brewery WEST, has launched West Women, an investment fund to provide seed capital and other financial assistance to emerging female entrepreneurs operating within Scotland’s buoyant food and drink sector.
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Andy Wightman Scotland is being marketed as a tax haven beside the likes of Panama, with Russian news websites hosting advertorials listing it alongside the phrase “offshore zones”, The Herald reports.
Atria One from Morrison Street The City of Edinburgh Council has today announced the sale of Atria, its award winning Grade A office development, to Deka Immobilien, a global real estate investment company based in Germany, for £105m.
Ken Patullo Financial distress across the leading football clubs in Scotland, which peaked in 2011 at almost 10% of all clubs, remains at a record low, according to football finance experts at Begbies Traynor following their analysis of key indicators of business distress in the sector.
Financial services firms received 2.11 million new complaints between July and December 2015, according to new complaints data published today by the Financial Conduct Authority. Overall, there was a decrease of 1.4 per cent in the number of complaints compared to the previous six months which was m
Gillian Guy Nine in ten people (88 per cent) miss common warning signs of a pensions scam - such as unusually high investment returns, cold calling and offers of free financial advice - despite feeling confident they can spot fraudsters’ tricks.
Martin Gill There are too many lawyers and too many law firms in Scotland, a new survey carried out by accountants BDO has found.
The administrators of collapsed Dundee building company Muirfield Contracts have been given another year to continue their work. Campbell Dallas said it has been granted more time “to realise the company’s assets and agree the creditors’ claims”.
The Church of Scotland and Islamic Finance Council UK have announced a partnership to create ethical financial services. The joint venture will draw on how the Christian and Muslim communities have supported ethical finance in the past and examine the practical commercial viability of new models whi
Ross McEwan The Royal Bank of Scotland has today announced the final payment of a Dividend Access Share (‘DAS’) dividend of £1.193 billion to Her Majesty’s Treasury (‘HMT’), marking a significant milestone in the drive to return to shareholder dividend payments.
Chancellor George Osborne yesterday said that the Treasury will launch a retail share sale of its remaining stake in Edinburgh-based Lloyds Banking Group within a year’s time after it pulled the plug on the move last year amid market turbulence. Mr Osborne said the government is committed to selli
The ‘No’ result of the independence referendum was worth almost £9 billion to Scotland last year, research commissioned by an anti-independence campaign group has claimed. Scotland in Union hired finance consultants Europe Economics to examine the fiscal position of the country based on the lat
Still 73 per cent state-owned, bailed-out Royal Bank of Scotland is to cull 220 face-to-face advisers from its workforce in favour of so-called "robo-advice" after City watchdog the Financial Conduct Authority gave the technology the green light. The new automated online service will, the Edinburgh-
Tim Sawyer Over half of Scottish employees dream of starting their own business, but most are too worried by financial commitments to make their ambitions a reality, a new study has found.
Glasgow City Council has announced that around 1,500 jobs are set to go as part of £130 million in cuts to its budget. Scotland’s biggest council revealed yesterday that the reduction jobs, which will save £25m, will take place over the next financial year.
