News

Executive pay at the UK's largest companies continued to climb in 2023, with the median FTSE 100 CEO earning a record £4.19 million, according to High Pay Centre. This represents a 2.2% increase from the previous year, a slower pace compared to the post-pandemic surge. While the median CEO now

AAB has further expanded its virtual finance function (VFF) service with the appointment of Aberdeen-based Niall Pirie as VFF partner. Based in Aberdeen, Mr Pirie, who has led finance functions across a range of business sizes and types, brings 24 years of financial experience to the

Scottish accounting, tax, and audit firm Wbg has doubled its headcount to a 21-strong team over the last two years. This is a direct result of significant growth achieved by the firm’s internal audit division over recent years, including a number of new clients since the start of 2024 yielding

Stronachs has announced that partner and head of private client Jaclyn Russell has been awarded a dual accreditation from the Law Society of Scotland. Ms Russell has been accredited as a specialist in private client tax and trusts law, becoming one of only four solicitors in Scotland to hold this du

Perth-headquartered Indian ready meal producer Praveen Kumar has secured a £400,000 investment from the Investment Fund for Scotland (IFS), Equity Finance fund managed by Maven Capital Partners and delivered by the British Business Bank. Founded by husband and wife Praveen and Swarna Kumar, bo

Scottish hotels outperformed the rest of the UK in June, with occupancy and profits exceeding the national average, according to RSM UK. The success was driven by Taylor Swift's Eras tour, alongside improving consumer confidence.

LSPIM Dev Co, acting on behalf of a private equity investors, has fully let its Barrhead Retail Park after agreeing terms for the park's last two units. Barrhead Retail Park, which completed last year, spans over 70,000 sq ft It is home to a diverse retail mix which includes Lidl, B&M, Star

Hargreaves Lansdown, the FTSE 100-listed investment platform, has agreed to a £5.4 billion takeover offer from a private equity consortium led by CVC Capital Partners. Pending shareholder approval, the deal will pay £11.40 per share, with the founders, Peter Hargreaves and Stephen Lansdo

Property experts Sarah Baum and Michael Connolly have partnered to launch Scotland’s first estate agency specialising in accessible homes. Based in Edinburgh, Accessible Housing Scotland (AHS) will have a specific focus on individuals with a range of accessibility requirements, whether due to

Newton Property Management has continued its growth through the completed acquisition of Aberdeen-based Atholls. At the end of July, Atholls transferred all common management responsibilities for 2,600 factored properties following a review of services.

Young people should get free Netflix if they surrender illegal knives, the head of Germany's police union has suggested. Jochen Kopelke, federal chair of the Union for Police (GdP), called for a knife amnesty in the wake of a high-profile attack in Stuttgart.

abrdn Adviser has announced the appointment of Verona Kenny as the firm's first chief distribution officer. A senior leader in the platform industry over many years, Ms Kenny will join abrdn in Q4 having most recently worked as Managing Director, Intermediary at 7IM.

Edinburgh's Creative Informatics research and development programme has contributed over £33 million to the Scottish economy and could generate a further £45.5 million by 2026, according to new analysis. Independent analysis of the recently-concluded programme has found that it has also

The Wee Gym in Dunfermline has been acquired by personal trainer Rachael Low with funding support from the British Business Bank's Start Up Loans programme and DSL Business Finance. The 27-year-old, who previously rented space in The Wee Gym, has acquired the business from its former owner, who was

Perth and Kinross Credit Union (PKCU) has merged into Scotwest Credit Union. Existing members of PKCU, which was established in 2014, are now members of Scotwest, though will continue to manage their existing accounts through the PKCU website "until the next stage of the merger process is complete.