News

Almost one in five employers in Scotland are likely to make staff redundancies in the year ahead, according to a new survey commissioned by workplace experts Acas (Advisory, Conciliation and Arbitration Service) and carried out by YouGov. The new study shows that 19% of businesses based in Scot

Aberdeen-headquartered, digital twin technology specialists, Eserv has secured a 3-year contract with Neptune Energy that will enable their digital twin software, AS-TEG™ to scale across the Operator’s global operations. AS-TEG™ provides a contextualised digital twin proven to enab

The latest SME Barometer produced by Azets has revealed ambitious growth plans among UK SMEs despite a significant drop in optimism about the economy. The Barometer revealed that 51% of all SMEs across the UK and Nordics are optimistic about the economic outlook, down from 68% last summer with UK SM

A review by the Financial Conduct Authority (FCA) has found that challenger banks need to improve how they assess financial crime risk, with some failing to adequately check their customers’ income and occupation. The watchdog found that in some instances, challenger banks did not have financi

The Asia Dragon Trust plc, a company managed by abrdn, has posted a Net Asset Value (NAV) total return of -7.7%, in the six months ended 28 February 2022. However, this is outperforming the -8.1% fall in the benchmark, the MSCI AC Asia Pacific (ex Japan) Index (sterling adjusted) total return.

A rare “forgotten” cask of Macallan 1988, bought for just £5,000, is expected to set a world record price as it opens for bids on specialist whisky auction site, Whisky Hammer. Originally filled on 5th May 1988, the 374 litre refill butt has been held in bond at The Macallan Distil

Law enforcement agencies probing suspected financial crimes have the right to additional time when necessary to properly investigate, a Scottish court has ruled. The landmark decision handed down by the Sheriff Appeal Court underlines the emphasis placed by courts on “allowing law enforcement

Scottish Enterprise (SE) and Highlands and Islands Enterprise (HIE) have teamed up to help around 50 Scottish companies calculate the carbon savings of their innovative new products and services – so that they can meet the growing requirement to accurately forecast their environmental impact.

National contact centre go-centric has unveiled its new values as it opens the doors of its innovation hub in Glasgow. The outsourcer, which provides services to both the public and private sectors, has moved to a new and fully redesigned HQ in the Scottish city. To mark the move, it has launched it

Average Scottish house prices in February reached £218,702, marking a monthly increase of 1.5% and an annual rise of 8.2%, according to the latest figures from Walker Fraser Steele.

A team of 30 eager and ever so slightly nervous people from accountancy and business advisory firm Johnston Carmichael are lacing their boots to take part in the Glasgow Kiltwalk this weekend as the business aims to secure a record 100 walkers in 2022. Johnston Carmichael has been a gold sponsor of

Aberdeen-based Stewart Milne Group is embarking on a sale process of its housebuilding business, following the decision of its founder and principal shareholder to retire. Nearly 50 years after founding the group, chairman Stewart Milne, 71, is making plans for his retirement and the Board

A Glasgow sheriff has refused three appeals under the Bankruptcy (Scotland) Act 2016 challenging a series of decisions made by the Accountant in Bankruptcy for a man sequestrated in 2018 considering debts said to total over £200,000. It had been determined by the AiB that there was insufficien

US tech firm UserTesting is rapidly expanding its Scottish operation with a move to new offices in Edinburgh City Centre.

KPMG UK has promoted four colleagues to partner and 26 colleagues to new positions in Scotland. Arleen Arnott, Paula Holland, Deborah May and Eddie Norrie all became partners of the professional services firm on 1 April 2022.