Analysis of 15 investment funds who had star fund managers leave at some stage between 2013 and 2017 has revealed that the level of out-performance dropped dramatically after their departure.
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UK manufacturers say the lack of certainty ahead of the 29 March Brexit resolution deadline is severely impacting their ability to plan for the future. That’s according to the Annual Manufacturing Report 2019, published by Hennik Research and PwC. The report warns that the
A former hospitality executive who played a key role in the rise of Carluccio’s restaurant chain has acquired a popular Stirlingshire cafe and farm shop business, with the support of a six-figure funding package from Bank of Scotland. The Woodhouse, located outside Kippen, is the first busines
ThinCats, the fintech lender for mid-sized SMEs, has welcomed a new £20 million funding commitment from British Business Investments, a commercial subsidiary of the British Business Bank. British Business Investments is making the new commitment under its Investment Programme, which suppo
A Glasgow businesswoman has become the new owner of a Renfrew nursery business, thanks to a funding package from Barclays. Mandie McCutcheon has secured a funding package of more than £500,000 from Barclays, allowing her to purchase the 3 Bears Nursery in Renfrew, which caters for almost 200 c
Grant Thornton has launched a new charity partnership in Scotland in a bid to help tackle a condition dubbed ‘Scotland’s silent killer’. The leading business and financial advisor is aiming to raise thousands for the charity Sepsis Research (FEAT) through fundraising drives and emp
A trainee chartered accountant at Meston Reid & Co has completed a notable double. Jenny Robertson, 24, from Aberdeen, has won the Archie Hunter Prize for her performance in the Test of Professional Expertise paper – her final ICAS (the Institute of Chartered Accountants of Scotland) exam
The HMRC’s decision to fine a homeless man who had filed his self assessment tax return late has been branded a ‘scandal’ and ‘ridiculous’ by a judge. The taxman had issued a £1,600 fine to Krzysztof Pokorowski, a self-employed electrician, travelled to Poland in
There have been renewed calls for change at the top of Standard Life Aberdeen after its largest shareholder dumped its 6 per cent stake in the business. Shares in the Edinburgh-based financial services provider fell by 14¾p, or 6 per cent, to 233¾p in reaction to the move by the Japane
Royal Bank of Scotland has came bottom of the class for customer service among the UK's biggest banks, according to the results of the latest Competition and Markets Authority rankings. Royal Bank of Scotland Group's RBS franchise came 16th out of 16 large British banks for overall quality of servic
HM Revenue & Customs (HMRC) has written to 1,700 freelance workers currently living in locations all around the world giving them a matter of weeks to admit to tax avoidance through disguised remuneration schemes or face heavy fines.
Anderson Strathern has added six newly-created director roles to complement its partner base as the firm aims to build on a record financial performance in 2018. Victoria Simpson (private client), Gary Burton, Sarah Philips and Robbie Wilson (dispute resolutio
The public is being asked for their views on how the law covering succession in Scotland could be made fairer. A newly-launched consultation asks how an estate should be split when there are both a surviving spouse and children.
Catering management software company Spoonfed is planning major expansion in the US, following £575,000 of development funding from Equity Gap. Aimed specifically at contract catering firms and restaurants supplying catering to businesses, universities, hospitals and many other ins
The Edinburgh property market has had a record-breaking start to 2019, with the highest number of properties listed for sale in more than a decade. Despite the prospect of Brexit, Warners Solicitors and Estate Agents listed 99 properties for sale last month - an annual increase of almost 4