News

The latest Scottish Chamber of Commerce Quarterly Economic Indicator survey for Q4 of 2018 shows Brexit uncertainty and rising cost pressures take toll on the Scottish economy as investment slows down. Raw material prices are cited as a leading cost pressure for Construction, Manufacturing, Retail/W

From November 2018 to January 2019, the average selling price in east central Scotland rose to £239,709, a 3.6 per cent increase compared to the same period last year, ESPC reports.

Tributes have been paid to Scottish Chartered Accountant, businessman and former newspaper executive Liam Kane, who has died following a short illness. Born in 1950 in Kinning Park, Glasgow, Mr Kane trained as management accountant with the Weir Group in Cathcart graduating as a member of the Charte

City house prices in the UK have outpaced earnings growth by 11 per cent, causing home affordability to reach on average, its lowest level since 2007, when the ratio of house prices to earnings stood at 7.5. The average house price within UK cities has risen from £180,548 in 2013 to its highes

The entrepreneur behind the luxury sportswear brand, Monreal London, comes to Scotland in April to talk about her rise in the competitive world of sport and leisure fashion. Stefani Grosse, CEO and founder of the high-end active wear range, is the latest speaker confirmed for this year’s Entre

The Duke of Buccleuch is to step down as chairman of the group representing his family's business interests. The Duke announced he is to step down at the beginning of March shortly after his 65th birthday.

A long-established Dundee-based construction company, Land & Building Services Limited, has been placed in administration with Derek Forsyth and Blair Milne, partners with Campbell Dallas, appointed joint administrators. Founded in 1990, Land & Building Services provided a broad range of ser

Shares in Glasgow-based Clydesdale Bank owner CYBG Plc surged 14 per cent today after the lender lifted its forecast for margin growth and reported a rise in lending in a tight UK mortgage market. The 1.4 per cent increase in total loans to to £71.9bn in October-December, the first quarter of

The number of restaurants in Scotland going bust last year increased by 86.3 per cent, according to new analysis of the sector by accountants and business advisers French Duncan LLP. The firm has analysed official Insolvency Service statistics and found that annual restaurant failures increased from

Defying the uncertainties of Brexit, Alison Gilson, partner and head of the corporate team at Shoosmiths in Edinburgh has described transactions by her department throughout the period late November 2018 – January 2019 as “exceptionally busy".  The most recent of eight corporate com

The latest Fintech M&A Market Report from international technology mergers and acquisitions advisor, Hampleton Partners, has revealed that 2018 witnessed the highest level of global investment in fintech start-ups on record, with a total disclosed transaction value of $30.8 billion.

The UK’s oilfield services (OFS) sector experienced another challenging year in 2017, with turnover for OFS companies declining by 9 per cent and EBITDA margin falling by 2.2 percentage points – the largest fall in margin since the sector downturn in 2014 – according to EY’s

The Association of British Insurers (ABI) has today launched a beta version of an online calculator, which works out consumers’ likely financial entitlements if they are unable to work due to illness or injury. ‘Percy The Protection Calculator’, which is still in development, is a

Glenrothes-based accountants Eden Fyfe have boosted their team with two new recruits, Ruth Boyd and Sheree Chalmers. Ruth Boyd has joined as business support manager.

Brian Milne and Eileen Blackburn of accountants and business advisers French Duncan LLP have secured the sale of Port Glasgow-based Moelle Interlok Packaging Limited a day after being appointed joint administrators. The business and assets have been sold to McLaren Packaging and all 62 emp