A new report from accountants and business advisors BDO has found that business output growth has declined for the first time this year. BDO’s Output Index, which measures UK business output growth, fell to 98.63 in April from 98.74 in March. Business confidence also registered another de
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Aberdein Considine has launched a free debt advice service as part of an ongoing programme of support for consumers. The firm currently works with a number of UK lenders in relation to different types of debt recovery and has developed a range of models to assist borrowers in managing debt, in
The rise of financial technology has long come under fire for alienating the generation of baby boomers and and their parents who lack the tech savvy necessary to participate in what has been a revolution for the banking industry. But now, new research has revealed that one of the latest forms of fi
Law firms have seen improved profit per equity partner as they prioritise profits over fee income growth, according to a new report. The latest annual Legal Benchmarking Report from MHA Henderson Loggie in conjunction with their UK accountancy association MHA, reveals that t
Scottish Edge has announced its first dual city final, taking the UK’s largest funding competition to Glasgow for the first time since its inception in 2013. University of Strathclyde’s state-of-the-art Technology and Innovation Centre (TIC) will play host to day one of the two-day Scott
Glasgow-based investment house Maven Capital Partners has led an investment, alongside existing shareholders Par Equity and the Scottish Investment Bank, in Edinburgh-based Symphonic Software Limited, the identity and access management firm. The funding will be used to further scale the busines
Nationwide has announced that it will invest in Scaled Insights, a company that uses behavioural AI to analyse people’s speech in order to communicate with them in language that is most accessible for them. The system analyses over 130 different variables in an individual’s speech p
Aberdeen Standard Investments (ASI) has launched three equity and five fixed income index tracker funds on Standard Life’s Wrap and Elevate platforms. Investing in passive funds has grown in popularity as a low-cost, diverse and reliable means of mirroring the performance of a specific index.
Accountants and business advisors French Duncan LLP has announced plans to expand its hotels accounting team after taking on additional office space in Glasgow. The firm recently took on a third floor at its Finnieston offices, bringing its total office space to 20,000 square foot and facilitating a
Edinburgh-based venture capital firm Par Equity has led investments totalling £3.2 million in two Northern Ireland software companies, Plotbox and Datactics. The technology firms are the latest to benefit from investment led by Par Equity, which has invested more than £118 million in ove
The Competition and Markets Authority (CMA) has secured the disqualification of three former directors of office fit-out companies for their involvement in illegal cartel behaviour.
Aggressive accounting policies and a close relationship with KPMG was the cause of the collapse of Carillion, according to a new construction industry survey.
Commercial real estate specialist Topland Group has acquired The Rutland Buildings in Edinburgh in an off-market transaction for nearly £16 million.
Major funeral firm Dignity has warned that its profits are likely to decline this year because fewer people in Britain have died than they expected.
The board of Scottish Financial Enterprise (SFE), the representative body for the financial services industry in Scotland, has selected Philip Grant of Lloyds Banking Group (LBG) as its new chairperson. Mr Grant's new role will be in addition to his position as chair of LBG’s Scottish executiv