News

A Dundee sheriff has granted an application by the Accountant in Bankruptcy for reduction of a 2017 disposition of heritable property in favour of a sequestrated man and his second wife and ordered the couple to execute a fresh disposition in the AiB’s favour. Graeme Allan, the first defender,

The Scottish Government’s income from homeowners has risen over 65% in the last three years according to analysis of the latest figures by property firm DJ Alexander Ltd. The firm found that the latest Land and Buildings Transaction Tax (LBTT) data reveals that the Scottish Government has seen

Over 200 KPMG UK colleagues in Aberdeen, Edinburgh and Glasgow took part in two of the firm’s charitable ‘Big Walks’ last week in support of charity partner Marie Curie, the end-of-life charity. The Big Walks took place in Aberdeen on Thursday 16 June and Falkirk on Friday 17 June

Peter Graham, director of Henderson Loggie’s forensic accounting practice in Scotland, who is regularly appointed as expert determiner by the President of ICAS, has revealed that lawyers in Scotland have experienced issues when examining or cross examining witnesses in virtual courtrooms. Hend

Audit, tax and consulting firm RSM UK has appointed Richard Mackie as its new associate director in Edinburgh to strengthen its risk and governance practice in Scotland. Richard Mackie will be working as part of the risk advisory team as a specialist consultant. Richard first joined RSM in 2013, ret

Accountancy and business advisory firm BDO is set to welcome 60 employees to its newly remodelled Edinburgh office at City Point, Haymarket Terrace.

More than £2.5 billion of new private sector investment in the UK’s vital green energy sector is at stake as ministers choose the locations for two Scottish Green Freeports this summer, according to Opportunity Cromarty Firth (OCF), the consortium bidding to win the status for the S

The City of Edinburgh Council has agreed a 25-year lease with M&G Real Estate – part of M&G plc’s £71 billion private and alternative assets business – and its property development partner, Qmile Group, for a 349-bed Hyatt Centric hotel at Haymarket Edinburgh. The sev

M&D Green Group, an independent, family-owned Glasgow-based pharmacy group has secured eight-figure funding from HSBC UK to support its ambitious acquisition strategy. The Glasgow-headquartered group has secured an eight-figure credit facility from HSBC UK to enable the business to make five str

A couple who took their neighbour to court over a "very minor” trespass which they refused to settle for £13,000 must now pay a £130,000 legal bill. Liz and Adam Peck refused the offer of a settlement from Debbie Ranford, a City banker, in a dispute relating to their home in Dulwic

The Bank of England (BoE) has raised interest rates again, from 1% to 1.25%, as it attempts to fight rising inflation. The bank’s Monetary Policy Committee (MPC) by a majority of 6-3, voted to increase the bank rate by 0.25 percentage points.

The Financial Conduct Authority (FCA) has published a list of providers it intends to authorise when the pre-paid funeral plans industry comes under its regulation from 29 July.

Knight Property Group has secured a further tenant for phase one of Langlands Commercial Park in East Kilbride with Strachan and Kemp Commercial Services Ltd signing up for a ten year lease.

Eyemouth-based riding centre, Eat, Sleep, Ride Community Interest Company (CIC), has secured £55,000 in funding from Social Investment Scotland (SIS) to help to make the centre more environmentally friendly. The funding package will be used by the centre to invest in eco-friendly equestrian su

Fast-food giant McDonald’s has agreed to pay €1.25 billion to the French authorities to avoid prosecution for tax evasion. McDonald's is set to pay a fine of €508 million while also settling a bill of €737m for unpaid tax dating from 2009 to 2020.