News

McCrea Financial Services has selected Common Wheel as its nominated charity for the year ahead. The Glasgow-based financial advisory firm recently held its 12th Annual Charity Golf Day, while five staff members also took part in the Glasgow Kiltwalk, which combined has already helped the fundr

Employees at stricken McGill, the Dundee-based contractor, have contacted our sister publication Scottish Construction Now to raise concerns over their pensions - alleging that pension contributions deducted from some employees' wages have not been paid into the designated pension fund and clai

Glasgow’s west end will be home to Scotland’s first specialist 'Pastelaria' bakery after it received a £40,000 loan. The Portuguese-style bakery, 'Pastéis Lisboa', run by entrepreneurial couple Emma Airley and Sebastian Bacewicz, is opening this week on Byres Road.

The British Retail Consortium (BRC) and KPMG released research reporting a 2.3% increase in sales in July (on a total basis), a 1.6% like-for-like basis increase from July 2021. Although there is an increase in sales, volume is down. This is attributed to rising inflation and households cutting back

New research has revealed that over a third of SMEs in Scotland believe debt funding is more widely available to male-owned businesses. The report, Geared for Growth by independent asset manager Boost&Co, showed that 34.6% of Scottish business leaders agreed with the statement that debt funding

The Joint Regulatory Oversight Committee (JROC) has appointed Bryan Zhang as independent chair of the newly set-up strategic working group (SWG). The committee, led by the Financial Conduct Authority (FCA) and Payment Systems Regulator (PSR) and including the CMA and HM Treasury, announced the forma

An Edinburgh-led project to improve career progression for women and minority ethnic workers has received part of £800,000 available in government funding. Social enterprise Adopt an Intern Ltd (AAI EmployAbility) will lead the Diversity Works programme at Edinburgh-based Aegon Asset Managemen

New research has highlighted a growing skills gap in the UK and how it is affecting the accounting profession. The research by Go1, shows that over a quarter (28%) of accountants feel they haven’t been properly trained to do their job and that more a third (35%) of accountants agree that

One Four Nine Group has completed its second Scottish acquisition with the purchase of Aberdeen-based Russell Gibson Financial Management Limited. This move further expands the independent financial advice and fund management firm's footprint into Scotland, following its recent acquisition of APC Fi

NatWest Group has announced that Scott Marcar will join its executive committee as chief information officer from 5 September 2022, subject to regulatory approval. Mr Marcar joins the group from Deutsche Bank where he was CIO. Scott has over 25 years of technology experience having led teams across

A dummy of Frankenstein's monster held at the V&A in London has led to a trans-Atlantic ownership row after a museum in the US called for it to be repatriated. The seven-foot wooden mannequin is based on the actor Boris Karloff, who played the monster in his films in the 1930s and '40s.

A University of Glasgow spinout which aims to create more effective methods of treating lung diseases has secured a £1m grant from Innovate UK.The award will help the Acu-Flow team and their research partners advance the development of their nebuliser technology, which uses an innovative surfa

The Post Office has posted figures showing that a record £801 million in personal cash withdrawals were made in July.

Commercial property company HFD Group has made two new appointments to its board with the promotion of Stuart Teape and Katrina Ovenden to finance director and legal director respectively. Mr Teape joined HFD in July 2021 and previously held a number of senior finance roles within the

Royal Bank of Scotland has called for donations to support Ukrainian refugees arriving in the capital through its donation distribution hub.