News

Standard Life Private Equity Trust plc, a company managed by Aberdeen Standard Investments (ASI) has posted strong six month results despite a volatile year for capital markets.  The company’s NAV total return was 14.9%, compared to the 11.7% reported on 30 September 2020, versus 18.

A new report published by Temenos, the Swiss banking software company, has found that 65% of global banking executives believe branch-based banking will be “dead” within five years.

Funding of £500,000 has been awarded to the Forth Valley Bus Alliance (FVBA) to deliver improvements to bus services across the region. Transport Scotland confirmed the award from the Bus Partnership Fund last week.

Edinburgh-based private rental homes specialist Sigma Capital Group has hailed its “continuing good progress” as it prepares to be acquired by a pan-European property specialist. Earlier this month, an agreement was reached on the terms for a recommended cash offer for Sigma by PineBridg

National framework provider Pagabo has opened a dedicated Scottish office in Motherwell to be headed by experienced construction professional Peter Queen. The organisation, which is headquartered in central Hull, provides local authorities and public sector bodies with compliant framework agree

UK firms defied predictions of the demise of private capital, by raising over half a trillion pounds last year outside of public and stock markets.

The Financial Reporting Council (FRC) has announced the appointment of Hannah Nixon and Ruwan Weerasekera as non-executive directors (NEDs) to the FRC Board. They join the FRC Board at a time of significant growth and transformation as the FRC transitions into the Audit, Reporting and Governance Aut

Two nude sunbathers who had to be rescued after being startled by a deer and getting lost in a forest have been fined.

Armstrong Watson, the business advisory and accountancy firm, has strengthened its growing forensic accounting team with two associate directors. Lindsay Tarrant, who started in 2017, has received a senior promotion and Caroline Bedford has joined Armstrong Watson to continue to build on her long-st

Chartered accountants Wylie & Bisset has formed a strategic alliance with Radar Healthcare, which is exclusive to Scotland, to help healthcare professionals meet regulatory standards. A single, easy to use system developed in partnership with healthcare professionals, Radar Healthcare seeks

Colin Tate has joined Edinburgh-based private bank Hampden & Co as chief operating officer (COO). He joins from Sainsbury’s Bank where he spent over a decade in senior management roles including head of architecture, head of strategic design and most recently head of digital transformation

Edinburgh-based Fanbase has secured a £500,000 seed investment round from a number of high profile business figures and entrepreneurs, as the startup’s founders plot the next phase of growth for the software that delivers mobile ticketing and fan experience for sports clubs. Investors in

Tom Stocker, partner and head of corporate crime, Pinsent Masons, discusses the impact of the Bribery Act on the business community. As the Bribery Act 2010 approaches its 10th birthday on 1 July, it is widely recognised as an excellent piece of legislation which transformed the corporate compliance

Reports of HMRC-branded phishing scams have jumped by 87% in the last year, from 572,029 to 1,069,522, according to official figures. The data, obtained by accountancy group Lanop Outsourcing under the Freedom of Information (FOI) Act, analysed data over the three most recent financial years (April

NatWest Group has launched a new programme, CareerSense, to support 13-24-year-olds with readiness for work, aiming to reach over 10,000 young people this year. Through feedback from partners, teachers and those in early careers, the bank recognises that many young people enter the world of work unp