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Shepherd and Wedderburn’s Corporate Finance team has advised Douglas and Iain Anderson, the joint managing directors of specialist plant hire company GAP Group Limited, in the sale of their separately owned vehicle hire company to international hire giant SIXT. The vehicle hire business was se

HM Revenue and Customs (HMRC) has warned that self assessment customers who are starting to think about their annual tax returns for the 2021 to 2022 tax year should guard against being targeted by fraudsters. In the 12 months to August 2022, HMRC responded to more than 180,000 referrals of suspicio

Glasgow-based Pastéis Lisboa, Scotland’s first specialist Pastel de Nata bakery, is among 12 small businesses to be selected as champions of UK start-ups by Start Up Loans, part of the British Business Bank. The announcement comes as the programme celebrates its 10-year anniversary, hav

NFU Mutual is today warning ghost brokers who buy fraudulent policies on behalf of others that they will be found out and could face prosecution. The mutual insurer is supporting the Insurance Fraud Bureau’s campaign to raise awareness of ghost broking, which can leave vulnerable people with i

Total company insolvencies in England and Wales in the second quarter of 2022 reached their highest quarterly level since 2009, according to the latest figures published by the Office for National Statistics (ONS). The ONS said the rise had been driven by creditors' Voluntary Liquidations (CVLs).&nb

More than 733,000 retirees across the UK are preparing to return to work as the cost-of-living crisis escalates, according to new research by My Pension Expert. The UK’s leading at-retirement adviser commissioned an independent survey of 2,000 UK adults. It found that, for 12% of those in reti

Chancellor Kwasi Kwarteng has called bank chiefs to Downing Street to address issues with mortgages after uncertainty in the mortgage market led rates to soar to a 14-year high of 6%. The increase in rates also triggered a flurry of mortgage agreements being withdrawn by lenders.

Scottish national care home provider, Renaissance Care, has appointed Liam Bain as its new finance director. Liam Bain has previously held roles at Pebbles Care – a group that provides care for young people in Scotland – and Fosters Funeral Directors. Mr Bain brings with him a wealth of

Sustainable solutions firm RSK Group has acquired Glasgow-based engineering solutions provider WGM Engineering for an undisclosed sum. The Glasgow-based family business was established in 1986. Today, a team of 365 supports the provision of mechanical, electrical, and civil engineering disciplines.

PwC firms around the world achieved gross revenues of US$50.3 billion – up 13.4% in local currency and 11.4% in US dollars for the 12 months ending 30 June 2022. The results have revealed that revenue growth was strong throughout the year, following the rebound in the last quarter of FY21 as t

UK private bank Hampden & Co has added to its banking team with the appointment of Kevin Eagles and Alistair Macpherson as banking directors, with Mr Eagles based in London and Mr Macpherson in Edinburgh. Mr Eagles has worked in banking for 33 years in roles with Lloyds Bank, Weatherby’s P

A new study from CMC Markets has found that Edinburgh, Birmingham and Manchester offer the next best opportunities for a career in finance after London. London may be the country’s banking hub, yet there are 15 places across the UK and several unexpectedly finance-friendly towns that offer sur

Dunedin Income Growth Investment Trust, a fund managed by abrdn, has posted strong half year results for the six months ended 31 July 2022. Against a difficult backdrop, the company, has delivered an almost flat absolute return for the six-month period. In addition, the portfolio continues to exhibi

Mounting inflation and increased taxation will leave the average UK household without enough money to cover all of their monthly living costs from later this year, according to new research. A new study by Scottish Friendly and the Centre for Economics and Business Research (Cebr) has revealed that

More than one million U.K. customers now bank with Chase, the consumer and commercial banking business of JPMorgan Chase & Co, just 12 months after opening its digital bank in the U.K.