News

Dan Cookson The crashing price of oil has claimed it latest casualty in Aberdeen –the trend of rising rental costs.

Mark Tanzer A new report issued by the National Fraud Intelligence Bureau (NGIB) has revealed that around 70 people fell victim to an accommodation scams centred around last year’s Glasgow Commonwealth Games.

Julie Glenny Maven Capital Partners and the Scottish Loan Fund, a mezzanine fund managed by the Glasgow-based investment house, have announced a £2 million investment in the data management solutions provider Traceall Global.

Gerard Eadie Latest accounts for Fife-based double glazing and conservatory company CR Smith have shown the firm to have posted a healthy profit on the back of a seven-figure payout following a successful legal action stretching back more than a decade.

Martin Gill Business hiring intentions are at ‘sky-high’ levels with figures stronger than the heady days of the mid 2000s boom, according to the latest Business Trends Report from accountants BDO.

Donald McRae Activity levels in Scotland’s private sector economy were marginally lower during last month as fractional growth in manufacturing output was offset by a slight decline in service sector activity.

Deutsche Bank is set to be hit with a fine worth more than $1.5bn(£1.02bn) in what would be the biggest penalty imposed for manipulating Libor. The German bank is in negotiations with agencies in the UK and US to settle the allegations in which a Deutsche Bank subsidiary could also plead guilty as

Philip Rodney Burness Paull’s chairman said the firm is due to see turnover and profits rise by 15 per cent in the year to July 31 with all parts of the business performing well.

Stephen Good The Scottish construction sector has no need to be concerned despite a fall in construction output, according to an industry professional.

Ramsay Duff Glasgow-based investment house Maven Capital Partners has announced the completion of a £13.75m deal to buy an empty 6,000m2 office building in Cardiff city-centre for conversion into a 100-bedroom Hotel Indigo, the boutique brand of InterContinental Hotels Group.

Laura Gardiner A new study has revealed that the average Scottish household income is more than £400 higher than before the recession kicked off by the 2007-08 economic crisis.

One of the world’s largest professional services firms, Arup Group, has been confirmed as the latest office occupier of 1 West Regent Street, the new Grade A office development located in the centre of Glasgow. Arup has taken the entire seventh floor of the property, comprising 13,681 sq ft of off

Alastair Rae Scottish hotel revenue and occupancy wavered in January according to the latest report on the sector from accountants BDO.

Aberdeen-based accountants Anderson Anderson Brown has announced the promotion of four members of their management team to senior positions. Management information solutions (MIS) specialists Carol McGregor and Jonathan Leiper have been elevated along with Lynn Gracie of the firm’s private client

Baker Tilly has strengthened its restructuring and recovery practice in Scotland with three senior hires poached from Begbies Traynor. Paul Dounis joins as a partner and Kevin Lamb as a director, both of whom will be based in Edinburgh, while John MacLean joins the Glasgow office as director.