News

The guitar used by Kurt Cobain during Nirvana's famous MTV Unplugged in New York concert is up for auction with a starting estimate of $1 million.

Derek Forsyth and Blair Milne, partners with Campbell Dallas, have been appointed joint administrators of the largest construction business in Oban, Neil McGougan Limited. Founded in 1986, the family-owned business provided a wide range of building and construction-related services to a substantial

Chartered accountants Wylie & Bisset has appointed Laura Smith to the newly-created position of Xero lead to promote the benefits of digital book-keeping to SMEs. Ms Smith, director and head of healthcare at the firm, notes that recent weeks have seen many SMEs adopt digital book-keeping systems

Private sector activity in Scotland fell at an unparalleled rate during April, according to the latest Royal Bank of Scotland PMI. Inflows of new business declined the most on record, as the COVID-19 pandemic continued to clatter the private sector economy. As was the case in March, services recorde

Perth-based insurance broker Jelf Clark Thomson has completed its rebranding exercise as it strives for further growth under the new Marsh Commercial name.  Scottish Financial News reported in February that the firm, which was obtained by Jelf in May 2018, saw its profits more than double

Glasgow-based tour operator Macs Adventure has received a £1 million Coronavirus Business Interruption Loan (CBIL) from Barclays to safeguard the future of the business. The company specialises in self-guided, tailor-made walking and cycling holidays across 40 destinations, 90% of wh

A round-up of business news from across Scotland featuring: Bancon Homes' expansion plans for Central Belt; PPE wins for Tayside and Fife firms; Gravitricity's sign-up with Forth Ports and Sedgwick's new home at Glasgow’s Sentinel.

Donald MacKinnon, group legal director at employment law and HR firm Law At Work, advises on the steps businesses can take to limit losing staff and lays out the considerations which must be made if employers are forced into the last resort. The announcement by British Airways that it will cut

In the first quarter of 2020, there was a 3.5% decrease in house prices in Aberdeen city and its suburbs, according to the latest research from ASPC.

A forward-thinking housing association is seeking talented trailblazers from the financial sector to support its transformation plans. Caledonia Housing Association chief executive Julie Cosgrove has been shortlisted for Director of the Year in the 2020 Institute of Director Awards and, together wit

Gilson Gray has expanded its financial services operations with the official accreditation of one of its financial advisers. Chris Plews’s new specialism in Defined Benefit Pensions will enable the Gilson Gray team to advise clients on the complexities of all pensions, including final salary p

After almost four decades at the firm, Baillie Gifford’s joint senior partner Charles Plowden will retire on 30 April 2021. Following his retirement, Malcolm MacColl will become joint senior partner.

Simply Solutions (Europe) Ltd, an international facility management firm, has secured a quarter of a million-pound CBIL loan from Bank of Scotland to help continue its operations during the COVID-19 outbreak.

A fund launched last week by the Scottish Government to provide grants for small and medium-sized businesses affected by coronavirus is to be doubled from £45 million to £90m. First Minister Nicola Sturgeon announced the increase in the Pivotal Enterprise Resilience Fund to help meet exi

Company executives should expect to “share the pain” of COVID-19 market turbulence and avoid awarding themselves substantial bonuses or share awards. The warning from remuneration expert and solicitor at Pinsent Masons James Sullivan-Tailyour, comes after The Investment Association (IA),