Search:

Jim Tucker, David Pike and Mike Pink from KPMG’s restructuring practice have been appointed joint administrators of retail property company Intu Properties plc, the owner of the Braehead complex near Glasgow. The retail landlord had been in financial restructuring talks with lenders all of las

Yorkshire Building Society has restarted its 90% mortgages for first-time buyers as it slashes its interest rates. Earlier this month, the bank suspended 90% mortgages after an unprecedented level of demand from prospective buyers. Yorkshire Building Society said these deals would only be available

Wealthy holidaymakers are enjoying socially distanced travel with the advent of £1 million private jet package holidays.  Jet broker Fly Victor has seen bookings rise by 80% in the last few days, according to its founder, Clive Jackson.

Barclays has slashed rates for affluent borrowers as mortgage customers with a sizeable deposit can now fix their mortgage for ten years at less than 2%. 

Eggplant, the software testing business developed by Edinburgh-based entrepreneur George MacIntosh, has been acquired by Santa Rosa, California-headquartered Keysight Technologies, the New York Stock Exchange-listed tech group for $330 million. Eggplant has been majority-owned by global investm

Lothian based eco-friendly toy company, Yummikeys has reported a 291% increase in YTD trade figures with monthly sales tripling since the lockdown measures were introduced in March.

Hawick-based Chrysties Furnishing Centre as reopened in the month of its 30th birthday following a £200,000 Coronavirus funding package from Royal Bank of Scotland. Chrysties has been a much-loved family firm in Hawick for the past three decades. The coronavirus lockdown measures forced the fa

Scottish Government advisors are calling for ministers to levy more tax from Scotland's higher earners to boost the country’s economic recovery and relieve the burden on lower-paid Scots. 

Members of Johnston Carmichael's restructuring team have published a commentary on the introduction of the Corporate Insolvency and Governance Act 2020, which came into force on June 26 bringing new measures to provide extra support to businesses in financial difficulty due to COVID-19. The int

The Scottish Government has called for an extension of its financial powers within a newly published blueprint for the country's economic recovery. The report entitled COVID-19: UK Fiscal Path – A New Approach also proposes the creation of a UK-wide £80 billion stimulus package to r

Donald Trump has been threatened with legal action by rock band The Rolling Stones for using their songs at his campaign rallies despite cease-and-desist directives.

Edinburgh start-up Breathe Easy has won a £50,000 grant from the Scottish Government to help with its development of the first lip-reading face masks in Scotland.

The Financial Times has reported that EY partners have been briefed on the upcoming legal action filed against them concerning its audit of German payments company Wirecard. More than 1,000 Wirecard shareholders have joined the legal proceedings seeking up to £910 mill

Business confidence in Scotland fell by a further eight points during June to -41%, marking the lowest level of confidence across all UK regions and nations, according to the latest Business Barometer from of Bank of Scotland Commercial Banking. Companies in Scotland reported lower confidence in the

Simon Capaldi, office agency partner at Knight Frank, discusses how the coronavirus pandemic will accelerate changes to office-based working. Social distancing has turned our lives upside down and at short notice businesses adapted to remote working, moving office life into the home.