The Corporate Insolvency and Governance Act 2020 imposed a temporary halt on the use of statutory demands and winding up petitions where the tenant is unable to pay its bills because of coronavirus. As a result two uniquely Scottish remedies available to landlord creditors have come into the spotlig
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The wealthiest people in Scotland have been identified in the latest edition of The Sunday Times Rich List. Anders Povlsen, the Danish billionaire who owns more land in the UK than the Queen and the Church of Scotland combined, is the richest person in Scotland according to the list.
Continulus, the Scotland-headquartered online video-learning platform for health professionals, has hired Scott McIntosh as its new chief financial officer. Scott McIntosh is an experienced finance director with 20 years’ experience across the private equity sector. He joins Continulus from Sc
Anjli Shah, co-manager of the $50m Aberdeen Standard Investments (ASI) Global Mid-Cap Fund, discusses opportunities within the global mid-cap sector and why it remains an interesting investment proposition. Measured by the MSCI World Index, mid-caps have outperformed their larger peers by around 10%
PwC's Strategy& has published a new report urging banks to assess their strategies in the context of Environmental, Social and Governance (ESG). The report, 'ESG and Banking: A chance to rethink strategy, states that while there are already several purpose-driven banking organisations, like buil
Miller Homes has acquired Wallace Land Investments and Management Limited in a move that accelerates the expansion of its strategic landbank and growth to deliver 5,000 homes per annum over the medium term. Founded in 2009 in Edinburgh, Wallace has expanded into England over the years with
TSB has announced plans to close a museum at the site of the world's first savings bank in Ruthwell. The bank intends to transfer the contents of the Savings Bank Museum to its HQ, Henry Duncan House, in Edinburgh.
The creation of the £21 million SeedPod hub for food and drink industry growth on the outskirts of Aberdeen will move ahead at pace after it received planning approval. Led by Opportunity North East (ONE), SeedPod will put the region's businesses at the forefront of innovation, produ
easyJet is set to boost its Aberdeen - Gatwick service to daily flights as soon as there is enough demand to justify it, according to the airline's UK boss Ali Gayward. Ali Gayward also announced the start date for the relaunch of a service linking Inverness with Belfast. She revealed that twice-wee
UK retail sales volumes rose 9.2% month-on-month in April, according to the latest figures published by the Office for National Statistics (ONS).
The Financial Conduct Authority (FCA) has published a consultation on its proposed policy framework for exercising two of its new powers under the Benchmarks Regulation (BMR), which will be introduced by the Financial Services Act 2021. These powers relate to the use of critical benchmarks that are
Students who exploited a glitch in KFC's mobile app to obtain thousands of euros worth of free meals have been jailed in China.
Blair Nimmo and Alistair McAlinden of Interpath Advisory have been appointed joint administrators of Bellhill Limited. Incorporated in 2010, the company owns and operates the Lorne Hotel, a 102-bed three-star hotel in the west end of Glasgow. The hotel also incorporates Bukharah, an award-winni
The last year has seen many changes across every aspect of everyone’s lives and property landlords are no exception. With an ever-changing landscape of legislation, this area of the property sector has had a lot to consider and with which to comply. Anderson Anderson & Brown (AAB) explored
The latest insolvency statistics in Scotland remain at unprecedented low levels down 17% when compared to April 2020 and down 63% on April 2019 due to ongoing government support. As key government support ends such as VAT deferral, rent moratorium and the furlough scheme, RSM predicts a doubling of