News

Baillie Gifford is to close four fixed-income funds and focus on growing its fixed-income business exclusively in the UK market, as the Edinburgh-based investment management firm prepares to lay off dozens of employees. It has been reported that Baillie Gifford is closing three funds from its I

Aberdein Considine has announced that it has moved its main legal and wealth office in Aberdeen to new premises in the Granite City. The law firm, which has a team of 464 and 21 offices – 19 in Scotland and two in England - has relocated its main legal and wealth teams to Blenheim House in the

MBM Commercial has appointed Simon Hart, a skilled banking and finance lawyer, to its team. Mr Hart will join the firm as a partner and will spearhead the expansion and development of the firm’s non-contentious banking practice.

Structural warranty and property finance advisory J3 has appointed Timothy Woodgate as senior advisor. This follows the recent appointment of ex-Knight Frank director Peter MacAllan who was recruited to head up J3’s debt advisory department.

HMRC has revealed that it will not appeal against Loose Women presenter Kaye Adams' court win over IR35 rules.

Monarch Financial Services has become the founding sponsor of Ayrshire Cancer Support's soon to be refurbished cancer support centre, raising £10,000 as of this month. When planning permission was approved for the building - located on Prestwick Road in Ayr -  back in 2021, the charity re

A new strategy has been published by the Scottish Government to help strengthen ties with key partners, increase economic opportunities and build on networks for both Scotland’s and international partners’ benefit. The International Strategy sets out the outcomes the Scottish Government

Overseas visitors are coming to Scotland in greater numbers than before the pandemic, according to new figures published by the Office for National Statistics (ONS). Figures published today by the ONS show that Scotland has staged a stronger post-pandemic recovery than the UK as a whole, welcom

Fife Council's Leader, Councillor David Ross, will be promoting Fife and the City of Dunfermline’s investment potential, in London, this week (24-25 January), as part of a Scottish Cities Alliance event. The visit is taking part during the annual Scottish Cities Week, which enables Scottish ci

Overall occupier demand for commercial property in Scotland fell flat through the last quarter of 2023 according to the latest Royal Institution of Chartered Surveyors (RICS) Commercial Property Monitor.

Edinburgh-based charity, Bank of Scotland Foundation, has announced the launch of its new five-year strategy - 'Building a Brighter Future for Scotland'. The strategy aims to fund, support and champion small and local charities that work towards improving the quality of life for some of Scotland's m

In the third quarter of 2023-24, Scotland witnessed a notable rise in corporate insolvencies, with 292 cases reported – a 7.3% increase from the previous year's figures. David Alexander, head of debt recovery at Gilson Gray, commented: “The rise in corporate insolvencies in Scotland

Edinburgh-based investment giant abrdn has announced a cost cutting programme targeting an annualised cost reduction of at least £150m by the end of 2025. The firm has said it plans to cut 500 roles within its business. This move aims to restore the firm's core investments business to an accep

London & Partners, the business agency for the UK capital, has announced the launch of the Grow Global programme in two new regions outside of London – Scotland and the West Midlands. The year-long programme is designed to help scale-up businesses in these regions grow their international

Payment orchestration platform BR-DGE has reported robust growth in 2023, fuelled by an increased demand in the market. BR-DGE saw impressive growth in 2023, continuing its focus on winning new merchants, rolling out new technology and onboarding new partners such as Visa, PayPlug, Sift and Ame