News

Professional services firm Moray Group has launched its new financial arm, Moray Financial, with the appointment of Michael Wales as managing director. Moray Financial will serve new clients with mortgage and protection needs, as well as being on-hand for Moray Group’s existing legal and prope

Aberdeenshire-based financial advisory firm Phil Anderson Financial Services has reported that 2021 was a record year for them, achieving a turnover of £1.33 million, a 20% increase from 2020 and their best financial performance since launching in 2010. Despite the challenges the economy

In the fourth quarter of 2021, the Scottish vacancy rate decreased to 16.1%, from 16.4% in Q3, according to the latest figures published by the Scottish Retail Consortium (SRC) and the Local Data Company.

An amendment will be brought forward during Stage 2 of the Scottish Government's Budget Bill to allocate an additional £120 million to local authorities. The funding represents the equivalent of a 4% Council Tax rise.

The studio behind children's TV phenomenon Peppa Pig is suing a Vietnamese rival over its cartoon about a childlike wolf.

Paul Dounis and Gareth Harris of RSM Restructuring Advisory LLP were appointed joint administrators to Alpha Homes (Leicester) Limited on 23 December 2021. Alpha Homes (Leicester) Limited was part of the Alpha Homes Group, a student accommodation provider across the UK, and RSM has been appointed to

Scotch whisky giant Diageo has reported net sales of £8 billion, an increase of 15.8%, across all UK regions in the second half of 2021. Organic net sales grew 20.0%, which the firm said was driven by strong double-digit growth across all regions, supported by effective marketin

Real estate advisor CBRE has announced it has secured a new office in Glasgow for Eaton Corporation, a power management solutions firm.

Growth capital investor BGF has reported continued strong momentum over the last 12 months, investing close to £60 million within the Scottish growth economy. BGF is a long-term investor, making initial investments between £1m to £15m for a minority equity stake.

Callum Carmichael and Michelle Elliot, partners with FRP Advisory, have sold the business, assets and goodwill of Edinburgh-based internet retailer Flowercard International Limited to Flowers in Cards Limited, a new venture formed to acquire the business. Flowers in Cards Ltd plans to invest in and

Standard Life Private Equity Trust, a fund managed by abrdn, has posted a Net Value Asset (NAV) total return of 37.9% for the eyar ended 30 Deptember 2021, compared to 11.7% in 2020. This figure compares to 27.9% for the FTSE All-Share Index.

Scottish corporate insolvencies in the final three months of last year were 77% higher than in the final quarter of 2020, according to the latest figures published by the Accountant in Bankruptcy.

Chartered accountant Wylie & Bisset is advising hospitality sector operators to raise their prices in response to rising inflation and operating costs. While welcoming the easing of Covid-19 restrictions, Catherine Livingstone, partner and head of the business advisory services team at Wylie &am

Reskilling staff can create cost savings of up to £49,100 per employee compared to recruiting or making a role redundant, according to a report published today by the Financial Services Skills Commission (FSSC) and PwC UK.

Social Investment Scotland (SIS) has provided Shawlands-based Flair Gymnastics with a £112,000 funding package to refurbish the premises. The club secured £112,000 from SIS, comprising a £60,000 loan to revamp the gym equipment and £52,000 in grant funding through the Adapt a