News

Campbell Dallas has assisted fast-growing East Kilbride-based creator of bespoke booking systems Traveltek, in securing £5.3 million in funding from the specialist private equity fund manager, YFM Equity Partners (YFM), to help finance a major global expansion programme.

Mark Williams Royal Bank of Scotland has provided a financing package to help a Scottish waste and construction services company to further expand its business.

Parents in Scotland are willing to pay an average £80,000 more to live in the catchment area of a top performing state school, according to new research from Bank of Scotland.

Leah Hutcheon Leah Hutcheon, founder and CEO of Edinburgh-based start-up and online booking specialist, Appointedd, has won Business Women Scotland’s International Growth of the Year award.

The UK government has reduced its stake in Lloyds Banking Group to below 9 per cent after Chancellor Philip Hammond sanctioned a new share sale.

Daniel McKernan Edinburgh-based global asset manager, Standard Life Investments, has launched a new bond fund to address the potential for significant drawdown that an increase in fixed income market volatility could bring.

Royal Bank of Scotland has reported losses of £469 million for the third quarter of the year as its latest attributable or "bottom-line" loss was widened by restructuring costs of £469 million and conduct and litigation costs of £425 million, as well as a deferred tax write-off of £300 million.

Royal Bank of Scotland has held discussions with a group of institutional investors aimed at settling one of several outstanding cases against the scandal-hit lender, according to reports.

Latest sales figures have shown Scottish retailers enjoyed better trading than those in the UK as a whole during the three months since the Brexit vote.

Dr Melanie Goward Glasgow-based investment house Maven Capital Partners has announced the appointment of Dr Melanie Goward as investment director to its London based investment team.

A Scottish accountant who was banned from being a company director after he paid trade creditors but not the taxman when his construction industry business went into liquidation in has failed in an appeal against his three-year disqualification.

David Morgan By David Morgan Partner at Burness Paull

While the UK Commercial property market is showing some signs of a return to a more positive mood post the EU vote, London and Scotland are lagging behind the rest of the UK, according to the Q3 Royal Institute of Chartered Surveyors’ UK Commercial Market Survey 2016.

The UK’s pension holders have cashed-in over £7.6 billion from their savings pots since the British government brought in new retirement freedoms last year.

Scotland had 218 corporate insolvencies in the course of the second quarter of the current financial year, down from the 258 in the previous quarter – a 15.5 per cent drop, according to latest data.