Edinburgh-headquartered private bank Hampden & Co has appointed Angus Macpherson to its board as a non-executive director. Mr Macpherson, who is the CEO of investment bank Noble & Co, also based in Edinburgh, is also chairman of Henderson Diversified Income PLC, chairman of Pacific Horizon I
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Scottish businesses will welcome yesterday's Autumn Budget and Spending Review 2021, financial experts have said. Andrew Howie, managing partner for Grant Thornton UK LLP in Scotland, said businesses "will breathe a sigh of relief" after being spared tax rises.
Edinburgh’s hotel sector is showing strong signs of recovery from the impact of the pandemic, even before COP26 room rates are taken into account, according to PwC’s UK Hotels Forecast 2021-2022. The Scottish capital was among the hardest hit cities in the UK when the country spent much
Income generated by Scottish Enterprise’s equity and debt investments exceeded £50 million during the last financial year, new figures show. Seven trade exits contributed to income totalling £56m in FY2020/21, as did a partial realisation of the economic development agency’s
The number of corporate insolvencies seen across Scotland rose by 40 percent in the third quarter of 2021, as inflation and supply-chain pressures started to bite and government Covid-19 support measures began to unwind, new analysis shows. Interpath Advisory analysed notices in The Gazette to find
Michael Reid, insolvency practitioner and managing partner at Aberdeen-based chartered accountants Meston Reid & Co, considers the role of a licensed insolvency practitioner. Anyone asked about the daily tasks performed by a licensed insolvency practitioner (LIP) might guess they include busines
A roadmap for pension providers to transition to net zero has been unveiled by the Scotland-based Global Ethical Finance Initiative (GEFI) ahead of the COP26 climate summit. The roadmap, which is suitable for private pension providers as well as local government pension schemes, provides practical s
A community in Dumfries and Galloway is setting out to raise £2.2 million to double the size of a vast new nature reserve, in stage two of the South of Scotland’s biggest ever community land buyout. The Langholm Initiative charity aims to buy 5,300 acres of Langholm Moor and three reside
Strategic real estate advisor Avison Young has released its latest quarterly Big Nine office market update, covering the third quarter of 2021. The quarterly review shows the take-up in the major regional office occupier markets in the UK, including Glasgow and Edinburgh.
A millionaire dissatisfied with customer service at his bank has taken it out on the tellers by forcing them to count his huge withdrawals note by note.
KPMG UK has appointed 12 new directors across its Scottish offices amid a promotions round that sees 98 employees in new roles. Catriona Donald, Gordon Gray, Scott McCrorie, Paul Mulcare and Susan Thom have been appointed directors within KPMG’s tax and legal function.
The number of corporate insolvencies in Scotland rose by 29.4 per cent to 211 in July-September this year – compared with the April-June figure of 163. Creditors’ Voluntary Liquidations meanwhile rose to 179 for July-September – an increase of 35.6 per cent on the 132 recorded for
Scottish insurance broker Blackford has announced it has doubled its team since the start of the Covid-19 pandemic last March. The start-up business risk specialist was set up just a year before the pandemic struck and now counts global tech firms, eminent fund managers, and renewables heavyweights
There is little of benefit to Scottish small businesses in the Autumn Budget and Spending Review 2021, the Federation of Small Businesses (FSB) has said. Chancellor Rishi Sunak today set out plans for £150 billion in additional spending across the UK, including £150m for Scottish busines
The Scottish Government will benefit from £4.6 billion in extra funding next year, Chancellor Rishi Sunak announced in the Autumn Budget and Spending Review 2021 today. Speaking in Westminster, Mr Sunak said: "Through the Barnett formula, today's decisions increase Scottish Government funding,