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Accounting and business advisory firm Wylie & Bisset has advised that the development of ‘patient capital’, together with ‘buy and build’ and ‘hub and spoke’ investment models, are making SMEs more attractive for private equity firms. Last year saw £895

Clark Contracts has secured over £30 million in new orders in October, a record month for the Paisley-based contractor. The new orders include the £8m design and build of a new industrial unit within Belgrave Logistics Park in Bellshill for Knight Property Group.

Faster reform of Scotland’s public sector is needed to protect services in the long term and improve people’s lives, according to Audit Scotland. The public body has said that the Scottish Government is facing increased costs, including a higher public sector wage bill, while the cost-of

Junior ISA investments in Scotland have soared ahead of the UK average, new data reveals. Data from Scottish Friendly’s latest Investor Index shows that the number of junior stocks and shares ISA policies opened by Scottish households in the three months to September was 27% higher than t

The start of EY's vote to split the company has been postponed as the firm's 'global framework agreement' has not been finalised yet. Voting on the proposed separation of the audit and consulting businesses, which was approved in September, was set to start this month with balloting of the big four

KPMG has settled a claim with Watchstone Group, formerly known as Quindell, for £4.95 million. Watchstone group announced the settlement yesterday in a regulatory filing. KPMG has not commented further than confirming a settlement has been reached with Watchstone Group.

Alex Tait gives his views on the impact the forthcoming Autumn Budget could have on Scotland. As businesses and individuals watch inflation reach double digits and interest rates climb to levels that many have not seen in their working lives before, what do these, along with the Westminster Autumn S

The Scottish housing market continues to weaken, with last month bringing another decrease in buyer demand and agreed sales, according to the October 2022 RICS Residential Market Survey. Prices though were still increasing according to respondents. Demand for residential property fell for the sixth

Recent first-time buyers will be hit hard by surging interest rates, with their lifetime interest costs more than doubling over the past five years and their total lifetime costs reaching record highs, although coming house price falls will offer some respite to the next generation of homeowners, ac

Open Banking Limited (OBL) has announced that Charlotte Crosswell, chair and trustee of the Open Banking Implementation Entity (OBIE), will step down from her role on 31 January 2023. Ms Crosswell has overseen and delivered significant governance, culture and management changes at the OBIE during he

As COP27 begins in Egypt, the Royal Bank of Scotland (RBS) has issued findings that meeting net zero targets would give Scotland’s economy a £22 billion revenue boost between now and 2030, according to its 2022 A Springboard to Sustainable Recovery report.

Accountancy and business advisory firm BDO, has moved into new 8,000sq ft office premises in Glasgow, after signing a 10-year lease, as part of its ongoing plans to expand its Scotland team and business. More than 130 of its team will based at 2 Atlantic Square location. The move forms a key part of

An all-inclusive holiday in Egypt has been advertised as cheaper than living in the UK this winter amid rising bills. The 28-day 'Escape the UK' holiday launched by easyJet holidays is priced at £650 per person per month, which includes travel, accommodation, food and costly outgoings like bro

With the Bank of England expected to increase Bank base rate later today, Savills has issued new five-year house price forecasts, predicting that the average UK house price will fall by 10% in 2023 when interest rates peak. However, the firm added that the prime markets will see smaller falls and ou

AssetCo, agile asset and wealth management company, has acquired SVM Asset Management Limited, expanding its presence in Scotland. The acquisition was pending approval by the FCA to the change of controller of SVM. This approval has now been granted, all the conditions pertaining to the acquisi