News

The president of Turkmenistan, Gurbanguly Berdimuhamedov, has ordered several banks in the country to fund an initiative to improve the pedigree of the Alabay dog breed. He has issued a presidential decree which means that eight banks are required to contribute a 12.5% stake each, according to TDH n

PwC Scotland has appointed Allan McGrath as head of financial services, Martin Hislop as partner and Colin Carmichael as director of the firm's Edinburgh Office. Allan McGrath takes up the position of head of financial services at PwC Scotland, following Stephanie Bruce’s move to become chief

A total of 15 employees at KPMG UK's Aberdeen office have been promoted. The promotions arrive as the firm prepares for further growth in the North East.

Alison Wishart, chartered paraplanner at Anderson Anderson & Brown Wealth (AAB Wealth), has been awarded the Personal Finance Society’s (PFS’s) Fellowship status. Fellowship of the PFS is the most prestigious qualification awarded to those working in the industry and is an accolade t

The Scottish economy has suffered a £3 billion hit as a result of Brexit as uncertainty has led to a decrease in investment and growth, the Fraser of Allander Institute has found.

Airbnb UK has received a warning from HM Revenue and Customs (HMRC) that legal proceedings could be initiated against the company over "tax laws or regulations impacting the company's business".

Accountant in Bankruptcy (AiB) has released official statistics reporting personal and company insolvencies in Scotland for the second quarter (July to September 2019) of 2019-20.

Mactaggart & Mickel has reunited with Mactaggart Family & Partners to secure a £10 million acquisition of two commercial properties in Edinburgh’s New Town. The union sees the two companies, which were joined from 1925 until 1943 as Mactaggart & Mickel come back together to s

Chartered accountants Wylie & Bisset is urging small and medium-sized enterprises (SMEs) to consider what practical steps they can take now to make their business practices more environmentally sustainable to give them a competitive advantage ahead of the introduction of the proposed Circular Ec

Rubix UK, backed by private equity firm Advent International, has completed the acquisition of Peter Campbell Sales Ltd (PCS). PCS is a specialist supplier of metal cutting tools and offers bespoke manufactured solutions across Oil & Gas, Aerospace & Defence, Automotive and Precision Machini

Tata Steel subsidiary UK Steel Enterprise (UKSE) has provided a six-figure funding boost to furniture manufacturer Aquapac.  The Cumbernauld-based company, which specialises in the manufacturing of furniture products, plans to expand its design and engineering team by 50% to

Banking legend Vernon Hill is to step down as chairman of Metro Bank with immediate effect. Mr Hill will remain a non-executive director until 31 December 2019 and he has accepted the honorary position of Emeritus chairman. This honourary title recognises his contribution to Metro Bank over the year

Brodies LLP has launched a new mobile app to provide information about health and safety obligations for businesses and guidance to help deal with health and safety incidents. The app, Health & Safety by Brodies, features easy-to-use checklists, legal updates and handy guides to support users in

Three construction firms have been fined more than £36 million in total for breaking competition law in supplying certain concrete drainage products for building projects following an investigation by the Competition and Markets Authority (CMA).

The Vatican has launched the Click to Pray eRosary which is a wearable technology bracelet featuring a crucifix interface which tracks the user's worship.