RBS has today announced a new £1 billion fund through NatWest to support female entrepreneurs in the UK to scale and grow – the largest intervention by a UK lender focused specifically on female-led businesses. The bank has also announced that it is setting a target to support and inspir
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Archaeological services provider GUARD Archaeology Limited is the latest business in Scotland to become employee-owned, with 32 members of staff given a stake in the business. The company, which has offices in Glasgow and Edinburgh, provides a wide range of archaeological services throughout Scotlan
Michael Reid, insolvency partner at Aberdeen-based Meston Reid & Co, discusses whether voluntary liquidation is a practical response to IR35. New legislation that goes live this April could be the death knell for many personal service companies active in the north-east of Scotland, but perhaps o
Clydesdale Bank owner Virgin Money has begun its search for a new chairman after Dundee-born financial services veteran Jim Pettigrew announced his plans to retire by September 2021. The Glasgow-based group said that the board has initiated a search process to allow time to identify his successor an
David Griffiths, Conrad Beighton and Paul Masters of Leonard Curtis Business Rescue & Recovery have been appointed as joint administrators of The Burger Chain Limited. The company has 18 restaurants across the UK, with two in Glasgow and branches in Aberdeen and Edinburgh.
Stuart Robb and Michelle Elliot of Leonard Curtis Business Rescue & Recovery Glasgow, have been appointed joint administrators of Houseology Design Group Limited in relation to the company’s e-commerce division, Houseology.com. The company, which was incorporated in April 2010, trades as a
Lloyds Banking Group has said it will write off tens of millions of pounds of debts to almost 200 fraud victims who were hit by the HBOS scandal.
HM Treasury, following the advice of the board of the Financial Conduct Authority (FCA), has appointed Christopher Woolard as interim chief executive. Mr Woolard will take on the chief executive role following Andrew Bailey’s departure to become governor of the Bank of England.
Jordan Belfort, the subject of Martin Scorsese's 'The Wolf of Wall Street', has brought allegations of fraud against the production company of the movie.
The number of first-time buyers in Scotland rose to 33,558 in 2019, an increase of more than 90% from 17,580 a decade ago, according to the latest research from Bank of Scotland.
Businesses can now apply for interest-free loans of between £5,000 to £100,000 to help invest in digital technologies and skills. Kate Forbes, digital economy minister, officially opened the second phase of the Digital Development Loan for applications as she visited a previous recipient
Investment in Scottish commercial property remained resilient despite a dip in volumes amid political and macro-economic challenges, according to new analysis from Knight Frank. The independent real estate consultancy found that £2.074 billion worth of deals concluded in 2019. This was 10.38%
Kelvin Capital has seen a 19% increase in its total investments in 2019, compared to 2018 levels. The record figure saw £12.5m being invested, up from £10.5m in 2018, with new syndicate members joining from Europe and the Far East.
JK Rowling's profits from her Pottermore Ltd company more than doubled in 2019 from £3.4 million to £6.9m, according to accounts filed at Companies House.
The Competitions and Markets Authority (CMA) has urged that legislation should break up the UK's largest accountancy firms known as 'The Big Four' after it emerged that the profession is engaging in talks to enact a self-imposed split.