News

Andrew Davison Collapsed Dundee specialist engineering firm the Galloway Group and its associated firms owe external creditors £17.6 million, according to administrators Ernst & Young.

The vice president for finance at a Scottish oil industry firm who was branded “greedy” by a judge and jailed for more than three years for embezzling more than £1.3 million from her employers has been ordered to repay nearly £600,000 of her criminal gains.

The Financial Conduct Authority (FCA) has criticised the asset management industry over the development of weak price competition.

Andrew Ewing Business owners considering a sale should give themselves two years to get their company in good shape and maximise the value, according to accountancy firm Johnston Carmichael.

Nationwide, the UK's biggest building society, has reported a drop in half-year profits as low interest rates squeezed profit margins.

Councillors have voiced concerns over the latest budget predictions that could mean a gap of £115 million for Fife Council over the next three years.

The Department for International Trade (DIT) has launched a new online platform designed to help UK businesses with exporting.

Standard Life Investments believes that it is time for a reset of fiscal policy to address both short and long-term challenges in the UK economy.

A third of all British businesses have abandoned investments totalling £65.5 billion as a result of the Brexit vote, according to Hitachi Capital and the Centre for Economic and Business Research.

Commercial finance provider for SMEs, IGF, has completed £5 million in asset based financing to Scottish SMEs since its launch in July.

Jamie Grant, head of corporate banking for Barclays Scotland & Northern Ireland (right) and Stuart Brown, head of SME banking for Barclays Scotland & Northern Ireland. Barclays has strengthened its Scottish senior management team with the appointment of Stuart Brown as head of SME Banking fo

Iain Fraser FRP Advisory have taken over at Aberdeen-based European Development Company, operator of Holiday Inn and Express hotels in the Granite City and Holiday Inn Express in Edinburgh, after the business was placed in administration.

The Scottish estate market has proved its resilience during 2016 according to industry experts at Perthshire-based agents CKD Galbraith.

Kevin McCloud and Bevis Watts managing director Triodos Bank UK Triodos Bank has created a dedicated £15 million lending pot for social housing providers to make energy efficient improvements to current housing stock to alleviate fuel poverty and develop green spaces.