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Strategic Asset Managers Limited (SAM), a Glasgow financial advice firm, has been acquired for £5.1 million by international wealth and investment management group Kingswood Holdings Limited. The Glasgow firm offers services to families, businesses and professional partners across the cen

Aberdein Considine has boosted its senior management team. Julie Thomson has been appointed as the firm’s new chief financial officer and Mike Fergusson has been hired as Aberdein Considine’s first chief operating officer.

Muir Group, the Scottish property developer and contractor, has announced its financial results for the year 2021/2022 revealing a pre-tax loss of £4.3 million as it restructured the revenue profile at Muir Homes. The firm said the pre-tax loss was a result of challenges facing the whole

New research from the ACCA has found that while global business services models have evolved, matured and function successfully, they’re falling short of their value-adding potential, and in practice are not discernibly more evolved than finance shared service (FSS) operations. The report 

The new UK government has ordered the treasury to audit existing and new anti-obesity policies which were to be introduced next month. The sugar tax, officially known as the Soft Drinks Industry Levy (SDIL), was introduced in 2018 as a measure to deter people from consuming unhealthy drinks high in

abrdn Group's Murray International Trust Plc has released its interim results, reporting a net asset value total return of 3.8% for H1 2022.  The £1.77 billion fund focuses on long term growth in dividends and capital ahead of inflation by investing principally in global equities.

The last Domino's locations in Italy have now been closed after the country's franchise operator ePizza SpA filed for bankruptcy. The firm operating the brand's Italian operations was forced into insolvency after being unable to recover from the effects of the pandemic. The company initially filed f

National law firm Weightmans, which has an office in Glasgow, has announced its financial results for the 21/22 financial year as it awards £1.5 million in bonuses to its people. Total income increased by 5% to £103.2m. Net profit increased by 25% from £9m to £11.3m in the 12

Big Four firm KPMG is set to be fined £14.4 million after a Financial Reporting Council (FRC) tribunal found that its auditors deliberately misled regulators during routine inspections of its audit of collapsed government contractor Carillion. The £14.4m fine for KPMG would be the second

Speaking ahead of the Spring Statement tomorrow, Vishal Chopra, head of tax in Scotland for KPMG UK, highlights his predictions. The Spring Statement wasn’t intended to be used to launch significant new tax-related measures, but an intensifying cost of living crisis, coupled with what many exp

International law firm Pinsent Masons has completed a move into new offices in the centre of Edinburgh’s financial district. Pinsent Mason partners Julia Maguire, Ewan Alexander, Michael Watson, Jim Cormack and Jacqueline Harris at their new Capital Square office.

Exizent, the Glasgow-based technology firm, has appointed Graeme Jones, the former CEO of Scottish Financial Enterprise, as a senior adviser to its board. Mr Jones brings has decades of senior management experience within some of the UK’s leading financial institutions and extensive strategic

Financial mutual Scottish Friendly has appointed Stephen Percival as its new interim finance director. Mr Percival is the former chief financial officer (CFO) at Standard Life and has nearly 25 years’ experience working in regulated insurance companies.

Investment management firm Trillium Asset Management has appointed three new members of staff to its Edinburgh office. The firm welcomes Andrea Zdanaviciute as an Environmental, Social and Governance (ESG) research specialist, Melanie Miao as an investment analyst and Vickie Little as office manager

Wealth manager James Hambro & Partners has recruited 7IM’s head of financial planning, George Martineau. Mr Martineau, who will become a partner at JH&P, joins his former colleague, Alex Montgomery, in the firm’s new Edinburgh office in Fountainbridge from 1st October.