Some victims of pension scams have lost more than £1 million in savings each to fraudsters, new statistics have revealed. Intelligence gathered by members of the multi-agency Project Bloom group, which was set up to tackle pension scams, has found some people who had managed to put away more t
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An update from administrators EY has revealed that collapsed Aberdeen services firm Richard Irvin and Sons owed more than £21m when it went under last December with the loss of 109 jobs. The group, whose activities included facilities management (FM) and mechanical and electrical (M&E) ser
Royal Bank of Scotland subsidiary NatWest has today announced that it is to establish a million pound Data Academy that aims to train 1000 staff in its first year alone in how best to understand and harness data.
As they prepare to be grilled by MPs today, the heads of Deloitte, KPMG, EY and PwC have written to the Commons business committee to plead for the competition watchdog to postpone a planned overhaul of the audit market until the completion of a separate review by Donald Brydon, chairman of the Lon
Financial recovery, restructuring and debt advisory boutique MLM Solutions has announced the appointment of Margo McLenan as director. Ms McLenan has been working in business restructuring and insolvency for over 35 years and is a member of the Insolvency Practitioners Association, bringing wit
More than half of Scottish businesses do not feel their local government is doing enough to support small business growth, according to a new Business Census of business leaders’ expectations for the year ahead.
The latest advancements in robotics and automation will be on show in Inverness next week as Scotland’s first showcase on the subject takes place on February 6 and 7. The free event is organised by Highlands and Islands Enterprise (HIE) at An Lòchran, Inverness Campus and is d
The City of Edinburgh Council says it has completed its work to develop and agree a Transient Visitor Levy (TVL) or 'tourist tax' scheme for the capital.
An American politician who employs hundreds of young teenagers has proposed a new law to scrap restrictions on child labour in his state. Republican Senator Chip Perfect's Senate Bill 342 would remove work permit requirements and working time restrictions for 16- and 17-year-olds in Indian
International law firm Dentons has reported its “strongest ever set of financial results” in the UK and Middle East on the back of its merger with Scottish law firm Maclay Murray & Spens. The latest Dentons UK and Middle East LLP consolidated accounts for the financial
Maven Capital Partners, one of the UK’s most active private equity houses, has promoted Colin Anderson and Andrew Whiteley from Maven’s specialist property investment team to partnership positions. The firm said the strengthening of its partnership base reflects its continued commit
Lower income households are at least half as likely to invest as those in higher managerial positions, raising fears of a growing wealth gap, research from Scottish Friendly reveals.
Eros Retail, a family-run business which operates a chain of convenience stores under the ‘Greens’ banner across Scotland, has expanded its offering following a £945,000 financial package from HSBC UK.
Last year saw the average pension fund post its biggest losses in a calendar year since the financial crisis in 2008.
The Scottish hotels market saw investment volumes in 2018 reach £902 million, according to the latest research from Savills – a three-fold increase on 2017 investment volumes (£195 million) – across 25 individual transactions and components of 10 portfolios. Savills dat