News

Business premises in Scotland will be able to access a £25 million package to improve ventilation and reduce the risk of coronavirus transmission. Grants will target a wide range of high-risk settings where people come into close proximity, including restaurants, bars and gyms, with support av

A Danish museum lent an artist $84,000 to reproduce an old work depicting labour. Instead, the artist delivered two empty frames, took the money and called it conceptual art. 

On September 24, Jonny Marston, Rob Croxen and Paul Berkovi of professional services firm Alvarez & Marsal Europe LLP were appointed as joint administrators to People’s Energy (Supply) Limited, the energy supplier and The People’s Energy Company Limited, the 100% owner of People&rsqu

Chartered accountants Wylie & Bisset has appointed Mark Mulholland as a partner to its burgeoning business advisory department. Formerly a partner at Alexander Sloan, Mr Mulholland is a trusted business adviser with over 30 years experience who specialises in working with commercial organisation

After 44 years, John Langlands will be retiring as a partner of EQ Accountants at the close of business on 30 September 2021. From beginning his journey with EQ founding firm JLM as a trainee in 1977 to working his way to becoming partner in 1997, Mr Langlands has seen the firm evolve over time and

Prestwick-based hardware and housewares supplier Wright’s Home Hardware is tripling the size of its Helensburgh premises to cope with rising demand from UK gardeners and DIYers, thanks to a £385,000 funding package from Bank of Scotland. Wright’s Home Hardware, founded in 1969, off

Morlich Homes Limited (MHL) has secured an investment of up to £87,000 from Highlands and Islands Enterprise (HIE) to help the company develop a facility to build green homes. MHL has already purchased a site at Elgin Business Park where fit-out costs will total £189,000.

Oil prices have risen above $80 a barrel for the first time in three years as renewed demand led to concerns of a supply shortage. Brent crude, the global benchmark price, rose for a sixth day to reach $80.04, signalling its highest price since October 2018.

The North American Income Trust Plc, a company managed by abrdn (formerly known as Standard Life Aberdeen), has posted Net Asset Value (NAV) total return of 19.8% for the six months to July 31 2021, compared to a NAV of 5.7% in the year ended 31 January 2021. This means that the company ou

The Alternative Board (TAB), a peer-to-peer advisory and networking platform for business leaders, has grown in Scotland by 80% in the past nine months. TAB has grown from six boards to 11 across Scotland. It now has five in the north-east of Scotland, three in Glasgow and three in the Edinburgh are

The Edinburgh International Conference Centre (EICC) has secured a string of UK and international conference wins for 2022 and 2023, with the EICC’s CEO Marshall Dallas heralding a “return in confidence” in business travel in the events industry. The 6th International Symposium on

Councils have been given £10 million to provide grants to tenants who have fallen behind on their rent as a result of the pandemic and are at risk of eviction. The grants will help tenants who are struggling financially as a direct result of the pandemic, allowing them to reduce or pay off the

Hundreds of number plates featuring the new 71 series have been banned over fears of inappropriate applications such as TA71 BAN and AN71 VAX. The DVLA does not permit some registrations on the basis they may cause “offence, embarrassment and are in poor taste”.

The Financial Reporting Council (FRC) has fined accountancy firm Grant Thornton more than £2.3 million for failings and a 'serious lack of competence' in its audits of restaurant chain Patisserie Valerie. Patisserie Valerie collapsed in January 2019 as allegations of fraud encompassed the comp

The director of a liquidated construction company has been banned for seven years after failing to explain more than £700,000 worth of expenditure. Forfar Sheriff Court heard that Angel Tas Limited was incorporated in October 2017 and Cristina Angelica Tasca (27), from Arbroath, was appoi