News

Wylie & Bisset has advised company directors who are struggling to meet Bounce Back Loan Scheme (BBLS) repayments, to speak to an accountant to assess the viability of their business going forward and explore their options to avoid the risk of prosecution. In April 2020, at the outset of the pan

Michelle Elliot and Stuart Robb from FRP Advisory have been appointed joint liquidators of Perth-based car sales firm Jackson Mathieson Car Sales Limited. The company, which is based at Inveralmond Industrial Estate, closed suddenly earlier this summer.

Bank of Scotland-owner Lloyds Banking Group has announced that it will be closing 66 branches between October and January of next year. A total of 48 Lloyds Bank branches and 18 Halifax branches will be closing, none of which are in Scotland.

The Glendronach Distillery, located in the Valley of Forgue in Aberdeenshire, is set for a £30 million expansion to help meet increased demand. Brown-forman, the owner of the distillery, revealed that the investment follow a tripling in demand for the distillery's single malts since Glendronac

Phil Anderson, company founder and managing director at Phil Anderson Financial Services (PAFS), is set to release the 100th episode of his podcast ‘The UK Personal Finance Show,’ as total downloads of the series reach 66,253. Launched in August 2020, the weekly podcast features radio ho

Henderson Loggie has appointed Helen Young to lead the accountancy firm’s learning and development strategy. An experienced strategic consultant, Ms Young brings over 25 years of experience in organisational and people development. She will be responsible for creating development pathways to s

Global wealth management firm Investec Wealth & Investment has announced that it will acquire Edinburgh-based wealth management company Murray Asset Management for an undisclosed sum. The acquisition of the firm, which will see the transfer of the 20-strong team of staff at Murray Asset Manageme

Leeds Building Society has announced that it will no longer lend money to people buying second homes.

Construction firm McGill, who recently won contracts with Dundee City Council and the Scottish Police Authority, and several housing associations, is preparing to enter administration for the second time in less than four years, according to a report by The Courier. 

Fake violinists using pre-recorded music to solicit donations on the street have become a "nationwide problem", US police have said. Police forces in Maryland, Connecticut and Michigan are among those which have warned the public to be aware of "scam violin players".

Diageo's interim results reported an 18.4% rise in pre-tax profit to £4.4 billion and net sales reached £15.5bn for H1. The growth in profit and sales is largely attributed to price increases and to consumers shifting away from wine and beer opting to buy more premium spirits -

UK banks have made initial claims worth £352mn from the government to cover losses on one of its flagship state-backed Covid-19 loan schemes, after recording default rates as high as 25%.

NatWest released its H1 results today reporting an operating pre-tax profit of £1.4 billion.

Brechin-based Angus 3D Solutions Ltd is investing more than £165,000 in new people, equipment and bigger premises to enable it to achieve turnover growth of over 20%. The firm, led by manufacturing veteran Andy Simpson, has started implementing its new growth plan with its first apprentice, 18

The Financial Conduct Authority (FCA) has announce that it will regulate pre-paid funeral plans. The move comes following legislation passed by Parliament. The FCA is authorising 26 providers. Together these firms hold approximately 1.6 million plans, which make up 87% of the market.