News

Katherine Garret-Cox Dundee-based investor Alliance Trust has announced the appointment of headhunters to find a new non-executive board member as it aims to head off the challenge of activist investor Elliott Advisors ahead of this month’s crunch AGM.

Edinburgh insurance giant Standard Life has reported receiving an unprecedented level of inquiries from customers since the dramatic shake-up of pensions rules took effect last Monday. The Edinburgh-based giant has received more than 3,000 phone calls from people who want to understand how the refor

Katherine Garrett-Cox, the under-fire chief executive of Dundee-based Alliance Trust, has restated calls for shareholders to reject the attempt by Elliott Advisors to get three non-executive directors elected to its board ahead of a crunch AGM on 29 April. https://youtu.be/pFjaoDRsFMg

Martin Gill Skyscanner, the Edinburgh-based travel search engine, has hit the top three of the UK’s 100 fastest growing firms over the last three years in a list that also features 10 other Scottish firms.

Begbies Traynor Group has announced the appointments of Thomas McKay as partner in its business rescue and recovery division in Scotland and Simon Watson as partner in the specialist consulting division, which operates under the BTG Financial Consulting brand. New partners Simon Watson (left) and Th

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.