Blair Nimmo and Geoffrey Jacobs of KPMG were appointed as joint administrators of Central Building Contractors (Glasgow) Limited yesterday. Established in 1971, CBC is a privately owned, family-run Scottish construction company, providing a range of construction design, development and maintenance s
Search: financial focus
A £100 million package of additional grant support for small and medium-sized businesses (SMEs) and newly self-employed people will open for applications later today.
A £3.25 million loan from Barclays has provided Manorview Hotels & Leisure Group with the funds required to navigate the coronavirus lockdown and recovery. This follows a separate £2.85m loan from the bank earlier this year which is financing the refurbishment of Manorview’s Re
Edinburgh-based tech company Neatebox is set to scale new heights after being accepted into Royal Bank of Scotland’s Entrepreneur Accelerator programme. The firm, which was founded in 2011, specialises in assistive technology, offering a real solution for the engagement and empowerment of disa
Lloyds Banking Group's pre-tax profits have plummeted by 95% to £74 million, a drop of over £1.6 billion from the same three months of 2019.
Rosslyn McMaster, client services director at Russell & Russell steps up to participate in our Just a minute feature. Name: Rosslyn McMaster Position: Client Services Director
UK GDP growth is expected to range from around -5% to -10% for 2020, according to new analysis from PwC. This estimate reflects the growing body of evidence that the short term decline in activity due to the lockdown will be greater than originally anticipated.
A new industry report conducted by the Horticultural Trades Association (HTA) reveals that the government’s current proposed aid package does not work for the horticultural industry and that a third of UK growers claim they will be insolvent by the end of June because of the impact of coronavi
Marketing Edinburgh, Edinburgh's tax-payer funded tourism marketing company, has been fined for failing to file its accounts on time.
HSBC has announced that its profits before tax have dropped by 48% to $3.2 billion as the coronavirus pandemic wreaks havoc on the global economy.
Up to 30,000 jobs could be lost in the oil and gas industry as the sector faces a bleak future, according to a new report from Oil and Gas UK (OGUK).
Scottish businesses are missing out on thousands of pounds of unclaimed tax credits, according to new figures from innovation funding consultancy Leyton. Leyton’s clients – 85% of which are SMEs – claimed an average of £78,000 in R&D tax credits last year.
Catherine Burnet, a chartered accountant and the regional chair for KPMG in Scotland, has been appointed as the new President of the Institute of Chartered Accountants of Scotland (ICAS) for 2020/21. Mr Burnet, who is also a member of the Financial Services Advisory board to Scottish Government, was
Springfield Properties has agreed an additional £18 million loan facility with Bank of Scotland as it prepares to navigate the uncertainty surrounding the current lockdown. The housebuilder said the additional support gives the group “sufficient headroom, should it be necessary, to withs
Anderson Anderson & Brown (AAB) chartered accountants and business advisors has appointed Alasdair Green as head of E&P (Exploration and Production). Having been instrumental in developing AAB’s presence in the upstream oil and gas sector in his previous role by dr
