Asset-rich North Sea businesses are turning to alternative methods of funding ongoing operations as conditions in the region continue to prove challenging, according to lawyers at HBJ Gateley. The development comes as the UK government revealed that it has incurred a loss from North Sea oil and gas
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Blair Nimmo and Gerard Anthony Friar of KPMG have been appointed joint administrators of the iconic retailer McEwens of Perth after it was announced today that the business is to close after more than 130 years of trading. McEwens was placed under the control of GRC, the recoveries arm of the Royal
Following months of growth, demand for professional talent in Scotland has declined by 3 per cent in the 12 months to February 2016, according to the Association of Professional Staffing Companies (APSCo). The data, provided by recruitment software company, Innovantage, revealed that despite an over
The Scottish Government has announced measures to accelerate housebuilding via two new funds totalling £75 million.
Union Street, Aberdeen. Aberdeen’s hotel sector experienced its second successive monthly drop of over 40 per cent in year-on-year revenue in November, according to the latest report by accountants and business advisers BDO.
Royal Bank of Scotland (RBS) has committed £1 billion of capital to support the development of thousands of new purpose-built private rental schemes across the UK. The still 73 per cent state-owned lender said that the funding, to take place over the next 12-18 months, is a sign of its recognition
Ewen Dyer welcomes Euan Ferries Glasgow chartered accountants and business advisers Martin Aitken & Co has appointed Euan Ferries to lead their corporate advisory team.
The Edinburgh-based travel website, Skyscanner, has secured major new investment to boost its global growth and push valuation above £1 billion. Five investor funds have backed Scotland's leading tech firm with £128m between them.
Ian Blackford The SNP has called on the UK Government to set up an independent commission to investigate how changes to the state pension will effect both men and women.
Graham Hunter The Glasgow-based football publishing company responsible for the autobiography of football icon Andrea Pirlo has raised more than £30,000 through a crowdfunding drive to help maintain and improve a popular football podcast.
Firm turns policies into works of art to save Britons losing out on £15 billion of ‘forgotten’ money
Insurance policy art as designed by some of the UK’s leading illustrators. Banks, pension companies and insurers owe Brits an incredible £15 billion, which must be claimed if it is not to be lost forever and one firm has hit upon a novel idea to help British savers forgetting their cash -by turni
Royal Courts of Justice Lloyds Shareholder Action Group, the group of former Lloyds TSB shareholders who claim that HBOS was “grossly over-valued”at the time of its shotgun marriage with Lloyds in 2009, will have their case heard at the Royal Courts of Justice in London today.
Virgin Money, the challenger bank which employs 200 in Edinburgh, has reported a leap in mortgage lending in 2015 so far, with its share of the UK gross mortgage lending market at 3.5 per cent for the eight months to August. Virgin Money, which is headquartered in Newcastle, with operations in Edinb
Hunters Residential, the real estate and conveyancing arm of leading Scottish law firm Gillespie Macandrew, has seen sales rise 33 per cent in 2015 as the property market continues to improve. The estate agency, which operates across Edinburgh and surrounding areas, has seen the number of sales runn
The problem of late or slow payments continues to cause cashflow difficulties for businesses, and almost a third expect it will only get worse in the next six months, according to the latest in the Business in Britain series of reports from Lloyds Bank. The Edinburgh-based lender’s commercial bank
