News

Edinburgh-based provider of cloud-based accounting Software as a Service (SaaS), FreeAgent, has begun its £34.1 million flotation on London’s Alternative Investment Market (AIM).

Bambos Hambi Edinburgh-based Standard Life Investments’ MyFolio range has reached £10 billion in assets under management, thanks to strong client demand for risk-based portfolios.

First Minister Nicola Sturgeon opened the new offices of Red Rock Power Limited, a subsidiary of State Development & Investment Corporation (SDIC) in Scotland.

A 43 year old woman who conned a family-run business out of £110,000 after posing as a qualified accountant is facing three years in jail after being sentenced at Dumfries Sheriff Court.

Global oil giant Shell has announced plans to close its finance operations office in Glasgow with the loss of 380 jobs.

Richard Gardiner Dunfermline-based accountancy firm Thomson Cooper has been appointed administrator of Glasgow based C&A Mackie Insurance Consultants Limited.

James Kergon KPMG is targeting growth in its transaction services, tax, audit and management consultancy teams in Scotland, with promotions at partner and director levels.

Scotland’s unemployment rate fell by 0.4 percentage points over the quarter July to September 2016, and there are now 40,000 more people in employment than at the pre-recession peak in 2008.

Aberdeen Asset Management has announced the opening of a new office in Abu Dhabi to establish a regional Middle East hub.

More than half of women (58 per cent) in Scotland are now saving adequately for their retirement, higher than the national average of 52 per cent for women across the whole of the UK.

More than 500,000 Scottish adults expect to start their own business, according to new research from the Bank of Scotland.

The average price of a property in Scotland in September 2016 was £143,006 – an increase of 3.4 per cent on the previous year and an increase of 0.2 per cent when compared to the previous month.

Heather Kiteley Our current series of Just A Minute profiles continues with Heather Kiteley, finance director at Port of Leith Housing Association.

Ian Donaldson Edinburgh-based Research and Development (R&D) tax credit specialist, Jumpstart, has helped Aberdeen businesses save substantially more than £6 million since 2008, and more than £2 million through the recent slump in oil and gas prices.

Aberdeen-based firm of independent financial advisers Central Investment, has announced the promotion of Lloyd Davies to associate director, after almost five years with the company.