News

Partners at Big Four accountancy firm PwC saw their pay decimated in the year ending 30 June 2020 as the firm sought to protect jobs and salaries during the COVID-19 pandemic. PwC's headline financial results reveal that the average distributable profit per partner was down 10% to £685,000 as

FRP Advisory has announced the sale of the intellectual property and goodwill assets of Allander Print, which was in administration, to Tempus IME. FRP partners Tom MacLennan and Iain Fraser were appointed as administrators to the firm after it encountered unsustainable cash flow problems linked to

Scottish responsible finance provider DSL Business Finance Ltd has supported two Edinburgh businesses producing healthy foods with combined loan funding of £75,000. Family-run vegan food producer Planet Kuku Ltd has been enabled to relocate to a new premises, allowing them to increase producti

Scottish law firm Aberdein Considine has appointed Greig Brown as mortgage operations director. Mr Brown, who brings almost 20 years’ experience in financial services, joins Aberdein Considine from Mortgage Advice Bureau in Scotland where he was head of operations.

The Scottish Government overspent its 2019/20 budget by nearly £700 million responding to the COVID-19 pandemic, according to a report by Audit Scotland.

Investor confidence in Scotland's social housing sector remains strong with private investment continuing to help fund RSLs towards their contribution to the Scottish Government’s target of an extra 35,000 social rented houses by 2021, according to the Scottish Housing Regulator.

Businessmen who were maliciously prosecuted as part of a fraud investigation into Rangers FC have accepted settlements thought to be worth millions of pounds each. David Whitehouse and Paul Clark were appointed as administrators of Rangers in February 2012 and the club was liquidated in October that

If there is one thing the pandemic has taught company founders, it is how an unexpected event can be catastrophic to a business. In good times, when things are going well and a business is growing, it’s natural to not want to dwell on negative, unexpected events that could instantly derail tha

The impact of the COVID-19 pandemic has been felt more strongly by women business owners and entrepreneurs compared to their male counterparts, new research by Royal Bank of Scotland suggests. A YouGov survey commissioned by the bank found that nearly three-quarters (71%) of female business owners a

The right to blow up a casino formerly owned by Donald Trump is being auctioned off by a US city.

Hawick-based accountancy firm JRW has announced the promotion of Brona MacDougall to tax partner. Ms MacDougall, a former doctor, will continue to work remotely from her home on the family farm on the Isle of Lismore in the Inner Hebrides.

Royal Bank of Scotland has granted a £10 million funding package to Argyll and Bute-based housing association Fyne Homes Limited to refinance existing loans and enable future growth plans within the business.

Financial support from Unity Trust Bank is helping to transform the site of a former Glasgow primary school into a vibrant, new housing estate.

Tartan Commercial, the company behind the highly successful The Lighthouse business centre in North Berwick, has expanded its portfolio by acquiring the Falkirk Business Hub. The £1.925 million acquisition from Bellair Scotland will see Tartan Commercial retain all the employees at the hub as

Forth Ports has welcomed £11.7 million in UK government funding for new and enlarged border infrastructure at its key import/export hubs, including Grangemouth. Contractors are on site and the new border inspection facilities at Grangemouth and the two Tilbury sites in England are set to be ap