News

Glasgow-based MCC Accountants is urging MSP's to revisit plans to scrap the tax on flights in a bid to revive the tourism and hospitality sectors in the wake of COVID-19.

Wright, Johnston & Mackenzie LLP has announced its acquisition of the business of J Gibson Associates Ltd. in Edinburgh. The move comes as founder Jeff Gibson prepares to step down from the business, handing over to WJM which will continue to provide legal services to the firm’s client bas

Motive Offshore Group, a specialist in marine equipment fabrication and rental, has appointed Declan Slattery as its new chief financial officer. Launched in 2010 by James Gregg and Dave Acton, Motive Offshore Group is headquartered in Boyndie, Banff, with additional offices in Aberdeen, Houston, No

Scottish firm SICCAR, previously Wallet Services, has received an investment of £1.3 million led by venture capital firm Par Equity. The investment will strengthen its product development and customer teams as the company builds on its success in two industry sectors. The company will exp

Bryan Shaw considers some of the more common pain points in syndicated deals and shares some suggested strategies to resolve any roadblocks. In the early months of 2020 and during Covid lockdown, access to capital for early-stage and scaling businesses became more difficult as investors’ risk

Fresh Car Valeting, an Edinburgh-based car care startup, is planning to achieve UK-wide coverage by targeting 31 million car owners nationwide in a market valued at over £1.2 billion. Founded by Sam Brennan in 2015 from the back of his father’s car in Edinburgh, the recent Scottish EDGE

Harper Macleod is part of a new Glasgow Business Growth Fund which can provide SMEs with access to fully funded specialist support as they try to grow amid the ongoing pandemic. Earlier this year, Harper Macleod was appointed to help Glasgow City Council (GCC) drive business growth among city's SMEs

Wealth management firm Brewin Dolphin, which has offices throughout Scotland, has appointed Toby Strauss as its new chairman and non-executive director. Mr Strauss will take up his new role at the conclusion of the company’s AGM on 5 February 2021. At the same time, Simon Miller will

Corporate reporting needs to improve to meet the expectations of investors and other users on the urgent issue of climate change, according to a new review released by the Financial Reporting Council. The regulator has said that while for some companies the challenge may be further on the horizon, c

For July to September 2020, Scotland’s employment rate estimate rose over the quarter to 74.0%, according to the latest official labour market statistics published by the Office for National Statistics (ONS) today.

Ivan McKee, minister for trade, investment and innovation, has said that the lack of information, and the absence of ministerial engagement on the scheme intended to replace EU Structural and Investment Funds is "unacceptable". Mr McKee has said he is seeking an urgent meeting with the UK

Spanish prosecutors are investigating the former King of Spain Juan Carlos I over accusations that he failed to declare to the Tax Agency money allegedly donated by the Mexican businessman Allen Sanginés-Krause between 2016 and 2018.

Louise Brittain, restructuring and insolvency partner at accountancy firm Azets, discusses how new personal insolvency legislation is open to fraud. The Debt Respite Scheme gives people who receive professional debt advice access to a 60-day period in which interest, fees and charges are froze

Zumo, the Edinburgh-based cryptocurrency wallet and exchange platform, has announced four female appointments in key roles and a total of seven new team members, taking the team to 24 with recruiting still open for another five new roles. Amelie Arras joins Zumo’s marketing department during a

Aberdeen-based Carden Place Dental Practice Ltd has purchased its west end property thanks to a £600,000 funding package from Bank of Scotland. In March, the practice was forced to close its doors due to the COVID-19 pandemic. It was only able to treat patients over the phone and refer them to