Technology-driven professional services group Aberdeins is being launched in Scotland with more than £1 million of initial backing. Aberdeins will bring a host of tech developments and innovations to change delivery of legal and other professional services, to better support private clients, l
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Seven Investment Management (7IM) has appointed Adrian Grace as chair of its board, replacing Ian Owen who steps down from the role after nearly five years. Mr Grace's career in financial services and technology companies spans nearly 40 years and he has vast industry experience, particularly in Sco
To mark the end of Scottish Food & Drink Fortnight, Susan Dunlop shares a few thoughts on the prospects for the industry in the coming months with uncertainty dominating. For many of Scotland’s food and drink suppliers, producers and retailers, the last six months have been arguably the mo
HM Revenue & Customs may have paid out up to £3.5 billion in furlough money on fraudulent or mistaken claims, it was revealed on Monday.
The Aberdeen New India Investment Trust, a fund managed by Aberdeen Standard Investments, has seen its Net Asset Value (NAV) drop by 22.7% for the year ended 31 March 2020. The decline in NAV is compared to the MSCI India Index which dropped by 27.3%, both in sterling total return te
A survey of more than a thousand businesses across the Highlands and Islands shows a marked decline in confidence in Scotland’s economic outlook.
Alison Woods, partner and employment law specialist at CMS, discusses the importance of diversity in the workplace as the world emerges from the coronavirus lockdown. As Scottish business faces one of the toughest-ever economic climates, employers may be questioning whether diversity and inclu
The Scottish Aquaculture Innovation Centre (SAIC) has launched a £50,000 open, ongoing rapid-response funding call to support Scotland’s growing aquaculture sector through the continuing impact of the coronavirus pandemic.
Brian McMurray, partner and head of tech at Anderson Anderson & Brown (AAB), details how deals within the tech sector will remain strong in 2020. 2020 has presented monumental challenges to global economies resulting in many people expecting a slowdown in deal volume. In reality, deal
Lloyds Bank International has announced that it will be cutting 80 jobs as investment management firm Brooks Macdonald has purchased part of the business. The cuts will be made across various teams based in Jersey, Guernsey and the Isle of Man.
HM Revenue & Customs’ (HMRC) specialist ‘task forces’ have collected £540 million in extra tax revenue for the UK authority in the last financial year, according to research by Pinsent Masons. The amount collected by the task forces in 2019/20 was broadly level with that
The Financial Conduct Authority (FCA) has said that insurance firms must consider the impact of coronavirus when assessing the value of their insurance products. The guidance sets out what the FCA considers firms should be doing to identify any material issues that affect the value of the gener
Michael Reid, managing partner at Aberdeen-based Meston Reid & Co, discusses the suspension of wrongful trading. When the temporary suspension of wrongful trading rules for company directors was announced, the UK government commented that it was designed to help business owners combat the f
Companies and other organisations are taking a mixed approach to salary sacrifice during the coronavirus pandemic, according to a poll from The Chartered Governance Institute (ICSA) and The Core Partnership.
Stuart Robb and Michelle Elliot of Leonard Curtis Business Rescue & Recovery have been appointed joint provisional liquidators of Doorset Technology Limited. Established in 2010, the company trades as a manufacturer, distributor and project manager for doors, doorsets and related compo
