A year on from the launch of the Bounce Back Loan Scheme (BBLS), almost one in three (29%) small and medium-sized businesses who took out a loan are not aware of the Pay As You Grow (PAYG) options, according to research by Bank of Scotland owner Lloyds Bank. Through the government’s PAYG schem
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The demise of the UK’s retail industry has left empty premises with enough space to provide nearly 25,000 homes to a market value of £7.4 billion, according to new research.
The UK economy shrank by 1.5% in the first quarter of 2021 as the winter coronavirus lockdown restrictions took hold.
Companies are better aligning their board remuneration policy and practices with long-term shareholder interests according to new research conducted by the Financial Reporting Council (FRC) and The University of Portsmouth. This research assessed a sample of FTSE 350 companies to determine the exten
A senior manager at Goldman Sachs in London has quit the US investment bank after making millions from investing in Dogecoin.
PwC has named Fraser Wilson as head of financial services in Scotland, as the firm continues to build its presence in an industry worth £13 billion to the Scottish economy. A Glasgow-based partner, Mr Wilson replaces Allan McGrath, who has led the financial services practice over the last two
EY has announced the appointment of Tricia Nelson as UK & Ireland managing partner - People Advisory Services (PAS) with immediate effect. In her new role, Glasgow-based Ms Nelson will lead the firm’s People Consulting strategy, working closely with all EY’s service lines to support
Former Scottish Conservative Party leader Ruth Davidson has been appointed as a non-executive director of life insurance, pensions and investment mutual Royal London. Her appointment will commence from June 8.
Scottish Equity Partners (SEP) has completed a significant growth equity investment in FundApps, one of the world's most successful Regulatory Technology (RegTech) companies. As the first ever Compliance-as-a-Service (CaaS) business, FundApps has transformed the way investment managers deal with the
Campbell Ure, a facilitator with The Alternative Board (TAB), offers his take on what constitutes first-class business coaching and mentoring. Through my work with TAB, a peer-to-peer support and networking organisation for business leaders, I’ve witnessed first-hand how companies have wrestle
Law firm Womble Bond Dickinson (WBD) has advised on the management buy-out (MBO) of Edinburgh-based interior design business Jeffreys Interiors. The firm represented Josephine Aynsley and Georgina Fraser on their acquisition of the business from its previous owners.
Bute Island Foods (BIF), a manufacturer of vegan cheese, ice cream and other plant-based products, has secured an investment of up to £375,540 from Highlands and Islands Enterprise (HIE) to help accelerate its latest growth plans. BIF has expanded rapidly over the past four years, during which
National professional services consultancy Begbies Traynor Group has acquired construction sector finance broker MAF Finance Group in a deal worth up to £11.75 million.
Inheritance, estate and gift taxes could play a stronger role in addressing inequality and improving public finances, the Organisation for Economic Co-operation and Development (OECD) has said. Inheritance taxation can be an important instrument to address inequality, particularly in the current con
After five years of strong growth, online paint supplier The Paint Shed has opened its 18th store with the latest outlet located in Westhill in Aberdeen. The Paint Shed seeks to offer an independent offering with a wide selection of top brand and specialist paints and an expert team on hand to