News

MHA Henderson Loggie has appointed Diana Penny as audit partner in its Edinburgh office. Ms Penny's focus is to drive further growth in the firm’s audit business, and she brings over 25 years’ experience to the role, the majority of it with Grant Thornton where latterly she was a directo

Scottish turnaround specialist BRS Consulting has launched a new credit management service to help SMEs cut numbers of overdue debtors, improve cash flow and reduce their risk of bad debts. BRS Credit Management is headed up by Paula Smith who joined BRS earlier this year after 14 years managing cre

Administrators Blair Nimmo and Alistair McAlinden from KPMG are continuing to clear remaining stock and exploring all options for Scottish retailer Watt Brothers. The fourth-generation family-owned business operated a chain of department stores throughout Scotland, before entering administration on

The Scottish Investment Trust PLC has been named ‘Best Investment Trust’ at the Shares Awards 2019 for the 2nd consecutive year. The awards, created to celebrate the best of the UK financial services industry, are determined by the votes cast by readers of Shares magazine.

Private sector business activity declined for the first time in five months in October, as service sector growth eased whilst the manufacturing downturn continued, according to the latest Royal Bank of Scotland PMI. The PMI revealed that weighing on operating conditions was the fastest fall in

Aberdeen chartered accountant Kimberley Oliver was awarded the Woman in Finance Award at this year's Business Women Scotland Awards in Glasgow. Ms Oliver is a chartered accountant (CA) and director of Xenith Financial Consulting Limited (Xenith Financial), a business she founded in May 2016.

Following the announcement made by the Living Wage Foundation that the real living wage in the UK and London has increased, Jenny Stewart, head of infrastructure, government and healthcare at KPMG discusses what increasing the real Living Wage means for Scottish workers. Today, the real Living Wage

Precision Tooling & Castings Ltd has secured £4.47m of funding from Barclays for a management buyout (MBO) with aspirations to grow the business and implement new technologies. The deal, which combines invoice and asset finance and term and property loans, has allowed current group operati

Alison Rose, the new chief executive of RBS, faces the prospect of government intervention due to its failure to persuade small business customers to move to rival lenders. In response to RBS's failure, the official representative body overseeing the scheme might impose new conditions on the bank to

Ahead of the January 2020 launch by ScotlandIS of a new strategy to turn Scotland into a digital nation, chartered accountant Wylie & Bisset is urging SMEs to review their business processes and procedures to assess opportunities for realising efficiencies from the adoption of digital technologi

The board of Phoenix Group Holdings plc, which owns Standard Life Assurance, has announced that Andy Briggs will be its new group chief executive following the retirement of Clive Bannister. Phoenix Group Holdings purchased Standard Life Assurance last year and in the process took on thousands of st

Buccleuch Property has sold its Quadron development in Dartford to Aberdeen Standard Investments for £12.1 million.  The 41,500 sq ft buildings, located at the Bridge in Dartford, were fully pre-let during construction to Network Rail.

Glasgow-based Brewgooder is calling on hundreds of craft breweries to join its ‘Global Gathering’, a collaborative brewing project on a mission to raise £250,000 to help provide clean water for 100,000 people in developing countries. Launching today, Brewgooder is aiming to partner

Apple is currently facing an investigation by New York's financial regulator after complaints were filed that its Apple Card gives men more credit than women.

Specialist lender and savings bank Paragon has announced the appointment of Fraser Tilley as a new regional asset finance director for Scotland. Mr Tilley joins from Santander, where he spent nine years as Scottish regional director for asset finance, leading the business in growing the commercial l