The private equity industry has a unique opportunity to accelerate the UK’s economic recovery in the coming decade and contribute to the government’s levelling up agenda, according to Edinburgh-based private equity firm LDC. Speaking as LDC provided an annual summary of its performance,
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According to a recent survey, post-Brexit Britain is considered a prime real estate proposition by investors, developers and asset managers from across Europe, China and the US. Notably, it ranked the UK highest for future residential property investment. The UK property sector reportedly attracts i
Finance secretary Kate Forbes is urging the UK Government to release £21.3 billion of reserves to help tackle the impact of coronavirus. She has written to Chancellor Rishi Sunak asking that the Scottish Government be given its share of the funds now. This would total around £1.7bn if th
SoConnect, the Borders-based telecom, internet and IT managed services business, has acquired Edinburgh-headquartered IT Centric, an IT and telecoms services business serving corporate clients in Edinburgh and across Central Scotland. IT Centric was founded in 2004 by managing director Gordon Sayers
The Financial Conduct Authority (FCA) has proposed changing guidance on mortgages and consumer credit repossessions so that consumer credit firms will be able to repossess goods and vehicles from 31 January 2021.
Almost 25,000 Self Assessment customers have set up an online payment plan to manage their tax liabilities in up to 12 monthly instalments, totalling £69.1 million, HM Revenue and Customs (HMRC) has revealed. In October, HMRC increased the threshold for self-serve Time to Pay arrangements from
The key to the room where Napoleon died is to be auctioned at Sotheby's after it was found in Scotland.
Souter Investments, the private equity focussed family investment office of Sir Brian Souter and the Souter family, has appointed John Berthinussen and Calum Cusiter as co-managing directors. Having founded the family office with Sir Brian in 2006, and after 14 years as managing director, Andy Macfi
The online tax return deadline looms at the end of January, and according to new research from EY TaxChat, up to a fifth of self-employed UK workers surveyed may not yet have completed their return.
Neil Norman, head of entrepreneurial tax and senior tax partner at Chiene + Tait, discusses the issues surrounding potential changes to taxation in light of the COVID-19 pandemic.
Accountancy and business advisory firm BDO welcomed 19 new trainees last month, with even more roles available to start later in 2021. In November, BDO’s Glasgow and Edinburgh offices welcomed its 2020 cohort of trainees, with applications now open for roles starting in 2021.
activpayroll, the Aberdeen-based payroll and tax compliance specialist, has opened its second office in France which will serve as an accompanying hub to activpayroll’s existing office located in Paris. The new office in Orléans will allow activpayroll to continue to support existi
Edinburgh’s office market proved highly resilient during a challenging 2020, with take-up nearing 500,000 sq. ft. and demand remaining strong, according to analysis from Knight Frank. The independent commercial property consultancy found that 490,585 sq. ft. of office space was transacted over
Scottish law firm Blackadders has strengthened its private client team with the appointment of tax planning specialist Lynn Melville as its new partner. Lynn Melville, who is an accomplished lawyer in the private client field, has joined the firm and will be based in the Dundee and Perth offices. Sh
Glasgow Airport has warned of 'material uncertainties' which may cast 'significant doubt' over its ability to continue as a going concern.