News

Paul Copland Ernst & Young has named its 12th new partner in Scotland this year.

A record number of companies has been formed by the University of Edinburgh in the past 12 months. The University supported the formation of 44 start-ups and three spin-outs in 2014/15 - a total that supersedes the previous best of 40 five years ago.

Multi-award winning sustainability and eco-innovation business Plan Bee Ltd has announced the appointment of Mark McDavid as its new chairman. Plan Bee provides beehive management services for a number of leading household brands including Kelloggs, Highland Spring, Balfour Beatty and Low Carbon.

Alan Brown and Bruce Cartwright of PwC have been appointed as joint administrators of Fletcher Shipping Ltd, a Portlethan-based oil field services firm. Established in 2007, Fletcher Shipping provided offshore supply vessels to exploration and production firms operating predominately across the Nort

Law firm Burness Paull has reported strong full-year results with revenue up 11 per cent to £51m, in the year to July with profits up by 12 per cent in the same period rising to an impressive £23 million. Staff are sharing in the good news with a bonus of 7.5 per cent of pay.

Latest reviewed projections from the CBI have indicated that the UK is set to enjoy "decent quarterly GDP growth" for the next 18 months. The news came after the business lobby group upgraded its forecasts for the rest of 2015 and on into next year.

The Scottish Government's latest quarterly national accounts have shown that the amount of tax it received from oil revenues between January and March was £168m, marketing a drop of 75 per cent on the previous quarter. Oil revenues in the final three months of 2014 were £742m.

The Standard Life Investments-run UK Commercial Property Trust has revealed a £130 million war chest for investment. The £1.1 billion trust, which is the biggest in the sector and came under the control of the Edinburgh-based investment arm of insurance giant Standard Life following its takeover l

Richard Toone Former partners of accountancy firm Chantrey Vellacott DFK LLP have completed a management buy-out of its business recovery division with support from Glasgow-based Clydesdale Bank.

Scotland’s workforce are caught in a cruel trap of low incomes and poor working conditions, according to new evidence published today by Citizens Advice Scotland. In a report to the Scottish Parliament’s Economy, Energy and Tourism committee, CAS reveals that the numbers of employment cases seen

Scots accountancy practice with French Duncan has stepped up to the plate as a community sponsor of Let’s Eat Glasgow!, a festival that will see the city’s top chefs and food and drink producers come together to host Scotland’s first restaurant festival and pop-up market in Finnieston on Satu

Almost half of all Scottish small and medium-sized enterprises SMEs have introduced new products or services in last 12 months and one third do not export despite having a suitable product, highlighting the potential for further growth. These are among the key findings in a trio of Scottish Governme

A former golf club treasurer and HSBC financial adviser is facing a jail over a £11,000 embezzlement. Barry Miller was in charge of the finances at the prestigious Royal Musselburgh Golf Club, which is the fifth oldest in the world and prides itself in holding the competition for the oldest golf tr

The value of a house in Edinburgh jumped by eight per cent during the last 12 months, a rate of growth nearly as fast as London where house prices grew by nearly 10 per cent. However, Aberdeen’s property market has bucked the national trend and is now the only major city in the UK where prices are

Gary Gillespie The Scottish economy has seen its longest period of uninterrupted growth since 2001.