News

Bakery giant Finsbury Food Group has today announced the proposed acquisition of Glasgow-based Johnstone’s Just Desserts (Johnstone’s), from administrators FRP Advisory. The firm, which bought Fletchers Group of Bakeries last year, said that the purchase of Johnstone’s would escalate the compa

A poll carried out by Business for Scotland has found overwhelming levels of support amongst SME business owners for paying the Living Wage. A survey carried out by the organisation generated 200 responses from employers within the Business for Scotland membership (almost 4,000) and found overwhelmi

Almost 100 new homes are to be built in the Falkirk area in a move that will provide an income for the local authority’s pension fund. Members of Falkirk Council’s executive committee agreed to bring forward an Affordable Housing Grant to help fund new developments.

Mike Welch French tyre giant Michelin has bought the Edinburgh-based internet tyre sales company Blackcircles.com for £50 million.

Geoffrey Thomson Perth-based investment group Braveheart has announced the departure of another board member.

David Lonsdale Latest figures from the the Scottish Government’s Retail Sales Index have revealed that the value of retail sales in Scotland fell 0.9 per cent in the first quarter of this year, down by 0.2 per cent over the year to the end of March.

Oonagh Werngren The North Sea oil and gas industry must make cost reductions of 40 per cent in order to make viable the extraction of the 23 million barrels of oil and gas that remain available in UK waters.

Phiddy Robertson The Inverness property market has had a flying start to the year with encouraging levels of demand and high quality property coming to the market, as well as an increase in property viewings, according to estate agents CKD Galbraith.

Andrew Thorburn It has finally been officially confirmed that Glasgow-based Clydesdale Bank is to be split from its Australian parent company and floated.

One in eight people living in Scotland have been victim to fraud in the last year, according to the results of a survey conducted across the UK in March. Insolvency trade body R3 commissioned a poll of 2,000 people across the UK to support its claims that the scale of fraud in the UK is "staggering"

Edinburgh-based accountants Chiene + Tait have confirmed that their 'Entrepreneurial Tax Team’ has been selected as finalists for the Scottish Accountancy Awards in the Tax Team of the Year category. Neil Norman, Entrepreneurial Tax Partner at Chiene + Tait, said: “The nomination reflects the ex

Guy Tulloch Guy Tulloch is senior investment manager at Turcan Connell Asset Management

Owen Kelly Scottish Financial Enterprise has announced that chief executive Owen Kelly is to step down after seven years in the role.

Derek Robertson An Aberdeen-based independent financial services firm has made a key appointment to strengthen its services.

Paisley Sheriff Court A Scottish accountant has narrowly avoided jail after admitting that he consumed ten pints of beer before getting behind the wheel of his car and ploughing into a taxi as he drove home from a country club party.