News

UK Finance has appointed Scottish Building Society chief executive Paul Denton to its mortgages board. Mr Denton joins other senior industry figures, including Santander’s Michael Sard, on the product and services board (PSB).

Cluff Natural Resources Plc, the AIM-quoted North Sea exploration firm, has appointed Sarah McLeod as chief financial officer. Ms McLeod has over 20 years' experience in the international oil and gas industry and joins the company from New Age (African Global Energy) Ltd where she held the role

Permanent staff appointments increased for the second consecutive month in December, although growth remained historically subdued, the latest Royal Bank of Scotland Report on Jobs has found. The data has also revealed that temp billings declined for the first time since June, albeit only

Andrew Sackey, partner and head of tax fraud investigation at Pinsent Masons, discusses the accelerating speed of the crackdown on corporate fraud. As we edge towards the end of the first working week of this new decade, it is worth noting that tax compliance measures first introduced at the start o

Addleshaw Goddard’s corporate team in Scotland has advised on the completion of more than a deal a day across a busy December. The team has provided support on some 30 significant deals including a major investment into telecommunications and ISP provider Commsworld by mid-market private equit

Aberdeen-based Tricore Ltd has become Scotland’s latest employee-owned business, with all members of staff becoming owners. Established in 1987 by Greg Henderson and Bill Bowie, Tricore Ltd specialises in the supply and refurbishment of industrial drill bits. It also provides a refur

Trade credit insurers have helped UK firms cope with a record level of bad debts, according to the latest figures released by ABI. ABI has found that the value of the average claim made has jumped up by over 200%, to just over £67,000, influenced by the collapse of Thomas Cook.

Business sentiment has surged to an all-time high, according to Deloitte’s latest CFO survey. The Q4 2019 survey, which took place immediately after the December UK general election, showed the largest increase in confidence in its 11-year history.

The number of properties coming to market in Edinburgh, Fife and the Borders has declined as 2019 ends, according to ESPC's latest House Price Report.

Independent bakeries are benefitting from £125,000 from the Scottish Government to help small food retailers face the challenges posed by bigger chains.

Glasgow-based retail promotions company SpaceandPeople has appointed finance chief Graham Bird as non-executive director. Mr Bird was recently appointed chief financial officer of Escape Hunt Plc, a global provider of 'escape room' experiences. He previously led the Strategic Public Equity Strategy

The car which Tupac Shakur was travelling in when he was shot in Las Vegas in 1996 is being sold for $1.75 million.

Scottish tax and business advisory specialists EQ Accountants LLP has promoted Rachel Bell, Scott Greig and Robert Young from principal managers to partners, effective from 1 April 2020. Since joining the firm as trainees, Rachel, Scott and Robert have shown dedication and commitment to th

Standard Life Private Equity Trust Plc has posted strong results following an "active year for new commitments". The NAV total return (NAV TR) for the year was 10.5% versus 2.7% for the FTSE All-Share index and in line with the company’s annualised NAV TR since inception of 10.2%.

Leven Car Company, Scotland’s only Aston Martin and Rolls-Royce car dealership, has gone into administration with Leonard Curtis Business Rescue and Recovery appointed as its administrators.