News

Three Unexplained Wealth Orders have been secured as part of a National Crime Agency investigation into London property linked to a politically exposed person believed to be involved in serious crime. The UWOs, which were obtained at the High Court last week, are for three residential properties in

None of Scotland’s league football clubs are showing serious signals of financial distress, and average attendances are also on the rise, according to football finance experts who report annually on key indicators of business distress in the game.

Britain has been revealed as the world’s biggest sponsor of tax avoidance by campaigners who are blaming light-touch regimes in UK overseas territories. The Tax Justice Network has ranked 64 countries based on how much tax avoidance they enabled, taking into account the size of their economies

Three-quarters of Scots believe Brexit will increase the cost of living, according to new research by PwC, which also found that the number of Scots who believe they will be better off over the coming year has fallen. PwC’s latest Consumer Sentiment survey shows that more than a third of Scots

Falkirk-based Alexander Dennis Limited (ADL), the world’s biggest manufacturer of double deck buses and leading British bus and coach builder, has been acquired by NFI Group, North America’s largest bus and coach manufacturer. The transaction creates an independent global bus and coach m

Scottish legal firm Thorntons has appointed Heather Auld as a senior solicitor and Rebecca Ellwood as solicitor in its land and rural business team. Heather Auld, originally from Pittenweem, joins Thorntons’ team in Cupar and brings her extensive experience in property law and conveyancing.

Rosebank Garden Centre is undergoing refurbishment that will significantly enhance and expand the popular Clyde Valley venue after securing a funding package from Royal Bank of Scotland.

MacKenzie Bezos, the ex-wife of Amazon boss Jeff Bezos, has promised to give half of her £29bn fortune to charity. Herself a highly-acclaimed authoer in her own right, her divorce settlement with her ex-husband catapulted her into the position of the third-richest women in the world but she ha

Thomson Cooper Accountants has announced its merger with The Computer Bureau, a payroll bureau based in Glenrothes, Fife. The move is part of a planned expansion of Dunfermline-based Thomson Cooper's successful business support services department which provides payroll, bookkeeping and VAT services

Clydesdale Bank owner CYBG has announced a key appointment to strengthen its business banking leadership team.  Sue Douthwaite, a leading business banker in the UK, will join the Glasgow-based lender in September as its small and medium business director.

Prosecutors are seeking to recover more than £1.5 million from a former architect who embezzled hundreds of thousands of pounds from a charity. Ian Brash is trying to sell Fa’side Castle, near Tranent, to pay back the money he stole from the charity

Fife-based payments specialist Renovite Technologies has announced a new strategic partnership with technology firm Altron Bytes Managed Solutions which it says will revolutionise the ATM channel.

A host of high street banks have entered into a new voluntary industry code that comes into force today that will make sure that customers tricked into making payments are not penalised for fraudsters’ criminal actions. According to consumer watchdog Which?, banks which have committed to

Alliance Trust, the Dundee-based £3bn global investment trust, has today announced its appointment of Hermes Equity Ownership Services (HEOS) in a move that is says aims to strengthen its commitment to sustainable investing. Representing £450.5bn of assets, HEOS is a provider of advice t

Remaining invested in the FTSE 100 for 10 years generates a positive return 98 per cent of the time for UK investors, new analysis from Willis Owen has revealed.  The investment platform looked at the total return of the FTSE 100 over a decade on a rolling monthly basis since January