News

Allan Davidson Edinburgh-based accountancy firm Chiene + Tait (C+T) has enhanced its business technology service offering with the launch of a new Digital Division.

Lloyds Banking Group has completed the sell off of its 3.3 per cent stake in Edinburgh-based asset management group Standard Life Aberdeen.

Andrew Bailey The Financial Conduct Authority (FCA) has today finalised rules creating a new category within its premium listing regime to cater for companies controlled by a shareholder that is a sovereign country.

The onwards march of 'Pretirement', where people scale back on work or slow their retirement plans down rather than giving up entirely, is continuing, according to Prudential’s latest annual research.

Whiteburn and London & Scottish Investments (LSI) have announced that IWG, who also own Regus, will open its second Glasgow Spaces co-working centre in July at 100 West George Street, representing the first in City’s Central Business District.

Bill Crossan and Thomas Gillan SIS Ventures is launching its first £5 million fund to back Scotland’s high impact enterprises.

Phil Anderson Phil Anderson Financial Services has been named as a finalist in the prestigious 2018 Northern Star Business Awards in recognition of the way in which the company excels in looking after its employees.

Leftfield Properties, the UK commercial real estate investor, has acquired Caledonian Retail Park in Wishaw from DTZ Investors, for a price of £21.15m, reflecting a net initial yield of 8.4 per cent.

Aileen Knox Data released by leading property consultant CBRE shows that Scottish commercial real estate had another strong positive quarter at the start of 2018, reflecting wider improvements reported for Scottish GDP.

Struggling department store chain House of Fraser is to close its Edinburgh store, affecting 127 jobs.

The liquidation of Carillion is estimated to cost taxpayers at least £148 million while accountants and lawyers managing the process are set to earn £70m in fees, the National Audit Office(NAO) has concluded.

Ricky Cowan (left) and Douglas Martin, chief financial officer, Anderson Anderson & Brown Scottish accountancy firm AAB has appointed Ricky Cowan to the role of development director.

Selling prices for residential property across east central Scotland rose by 8.2 per cent on average over the past three months of March, April and May compared with the same months of spring last year, according to the latest house price report from estate agents ESPC.

Lack of consumer understanding and awareness of Pension Freedoms are the biggest concerns for advisers, three years on from the launch of the rules.

Lisa Sewell Dentons, which merged with Scottish law firm Maclay Murray & Spens last October, has announced the appointment of Lisa Sewell as managing director for the UK & Middle East region, replacing Brandon Ransley, who retired earlier this year.