News

Image via Charlotte Square Collection Fund manager Old Mutual Global Investors (OMGI) has announced Edinburgh’s Charlotte Square will be the site for its first office in Scotland.

A Glasgow book-keeper is facing jail after being found guilty of a £220,000 embezzlement that he tried to cover up by claiming he had won the lottery. Philip Kennedy, 48, from Paisley, worked for Glasgow city centre firm Robb Ferguson and Co when he used three of his friends to launder cash taken f

Glasgow City Council has committed itself to building 25,000 new homes in the city over the next decade. To be delivered in partnership with the public and private sectors, the announcement forms part of the council’s People Make Glasgow Home housing strategy.

Steven Cunningham Steven Cunningham is a partner in Alexander Sloan Chartered Accountants and Business Advisers.

Aberdeen’s hotel sector experienced double digit drops in both occupancy and revenue in May as the low oil price continued to take its toll, according to the latest report by accountants and business advisers, BDO. The firm’s monthly hotel survey found that year-on-year occupancy in Aberdeen dro

There’s yet more good news for the Scottish economy today after another report said that after a shaky start to the year things were “getting back on track”. Coming just a day after uplifting reports from both Bank of Scotland and accountants BDO, Capital Economics said Scotland was one of onl

Ken Browne The man in charge of Scotland’s flagship Nissan dealership says it has recorded a 50 per cent increase in sales since the new multi-million pound showroom was launched a year ago.

Carrington Dean has secured a four-year contract with the Accountant in Bankruptcy (AiB), the executive agency of the Scottish Government responsible for administering the process of personal bankruptcy, the Debt Arrangement Scheme and recording corporate insolvencies. The agreement will see the Gla

Reports have surfaced over the weekend that claim the UK government is planning a second sale of shares in Royal Bank of Scotland to be carried out by the end of this year. According to the Mail on Sunday, sources in the government have said a 10 per cent placing could be made as early as December,

Latest data released today by Clydesdale Bank’s Australian parent company has revealed the Glasgow-based bank will this year set aside as much as £500 million to compensate customers over various misselling scandals. The news comes just months after Clydesdale was fined £20.7 million by the Fina

Law firm Pagan Osborne has announced that Ian Fraser, one of its commercial and business services partners, has become a director and shareholder in the company. Mr Fraser, who is based in Edinburgh, joined the company in 2004 and has extensive experience in commercial property sales and purchases,

Caroline Levesque-Bartlett Nobody in Scotland has faced jail for failure to pay their TV license in at least half a decade, according to figures obtained under the Freedom of Information Act 2002.

The Greater Manchester Loan Fund, which is managed by Scottish firm Maven Capital Partners, has today announced a £500,000 investment in Rekoop Limited, a specialist provider of time capture software used by law firms in over 40 countries. Established in 2010, Rekoop provides cloud-based software s

Scotland’s small and medium-sized businesses believe the economy is in better shape today than before the recession, with investment levels growing as a result, according to new research by Clydesdale Bank. The new survey reveals SMEs intend to invest, on average, seven per cent of their annual tu

Cat MacLean An English court judgement could pave the way for Scottish companies to win more compensation from banks who mis-sold interest rate hedging products (IRHPs), law firm MBM Commercial has said.