In collaboration with FinTech Scotland, TSB is launching an innovation lab “TSB Labs” in Edinburgh, inviting fintech small and medium enterprises (SMEs) to work together and address relevant customer challenges.
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Scottish-based Christies Parks has been sold to Park Holidays, as the UK company continues expanding its portfolio of holiday locations. Commercial real estate firm Colliers arranged the deal on behalf of Christies Parks Ltd, to sell the pair of holiday parks to Park Holidays, off a guide price of &
The Competition and Markets Authority (CMA) has provisionally found that Elite Sports, JD Sports and Rangers Football Club broke competition law by fixing the retail prices of certain Rangers-branded clothing products.
GS Group, Scotland’s largest independent insurance broker, has been acquired by the JMG Group, subject to FCA approval. The GS Group was formed in Perth 31 years ago from a standing start by managing director George Stubbs, with second hand furniture and a coffee percolator. It has since grown
Law firm Addleshaw Goddard has doubled turnover in Scotland in the five years since the merger which established its presence in the country. The firm is on course to record a fifth consecutive year of double-digit percentage income growth in Scotland since it merged with HBJ on 1 June 2017. Compare
Two Scottish law firms Drummond Miller and Peacock Johnston have merged. The 11-strong Peacock Johnston team – six lawyers and five other staff – will join the Glasgow office of Drummond Miller, which has 14 partners and 100 other employees across five offices, including headquarter
Nearly 12,000 new businesses have been set up in Scotland since the start of the year, according to new research from insolvency and restructuring trade body R3. R3’s figures, which are based on an analysis of data provided by Creditsafe, reveal that 11,783 new businesses were set up in the na
Households and businesses are struggling to cope with the cost of living crisis and need urgent action from the UK Government, according to finance secretary Kate Forbes. With inflation reaching a 40 year high of 9% and forecast to rise higher, Ms Forbes has written to the Chancellor of the Excheque
Perth-based insurance giant Aviva has revealed that the proportion of insurance claims tainted with fraud increased by 13% in 2021. Aviva uncovered more than 11,000 instances of claims fraud last year, worth more than £122m. That is equivalent to detecting more than 30 bogus claims every day,
Scottish businesses were the least confident in the UK, although confidence remains in positive territory, according to a new survey by the Institute of Chartered Accountants in England and Wales (ICAEW) Business sentiment tracked by ICAEW’s Business Confidence Monitor (BCM) for Scotland, publ
A ground-breaking study into the accountancy profession in Africa reveals 55% of accountants are optimistic about Africa’s economic prospects, but skill shortages, especially in the areas of technology and strategy are a major concern for respondents. ACCA (the Association of Chartered Certifi
Edinburgh-based hospitality tech firm ePOS Hybrid has smashed its latest pre-series A funding round after hitting a £500,000 goal within 15 minutes of going publicly live. Delighted bosses at ePOS Hybrid are now extending the crowdfunding opportunity, upping the target to a maximum of £2
Biotangents, an Edinburgh biotechnology business, has secured £2.2 million of new funding made up of £1.6m from the UK Government’s Innovate UK innovation loans programme and a further £600,000 from a funding round led by Kelvin Capital and Scottish Enterprise. The funding wi
The interim fees and expenses for FRP Advisory, the administrators of Dawnfresh Seafoods Ltd, have been revealed by a new Companies House filing. The document has revealed the administrators are authorised to draw an interim fee of £739,078.25 plus value-added tax for their time between Februa
Edinburgh is to host a major exhibition of work by Scottish artists and designers whose livelihoods were negatively impacted by the Covid pandemic.
