News

RSM’s corporate finance practice in Scotland has seen a doubling in deals activity when compared to last year - despite an unprecedented economic landscape due to the impact of COVID-19. The Scottish corporate finance team has advised on over 40 transactions in the last 12 months, including th

Scottish legal firm Anderson Strathern has announced a merger with Lerwick-based Neil Risk Solicitor and Estate Agent. The Shetland firm’s client base includes private clients, families, landowners and SMEs, with practice areas focused on residential property, private client, commercial proper

Standard Life Aberdeen (SLA) has reported a drop in operating profits from £301 million in 2019 to £219m in 2020. SLA's full-year results revealed that fee-based revenue of £1.425 billion was also down from £1.634bn, however, the financial services firm blamed this on the imp

Scottish Equity Partners (SEP) has completed a significant growth equity investment in Glasgow-based AutoRek, a provider of financial control, regulatory reporting and data management software. AutoRek’s cloud-based software as a service (SaaS) platform has experienced significant growth in th

Hillington-based fintech company Beeks Financial Cloud has revealed it is considering further acquisitions after seeing a 24% rise in revenues in its first-half results. For the six months ended 31 December 2020, the firm's revenues increased to £5.29 million, compared to £4.28m in the f

Scotland’s financial services sector was well represented at last week’s Scottish Apprenticeship Awards, with numerous apprentices and firms being recognised for their successes. Delivered by Skills Development Scotland (SDS), the awards recognised the resilience and hard work of Foundat

Independent business lender White Oak has announced that it has successfully provided over £270 million through the Coronavirus Business Interruption Loan Scheme (CBILS) to support UK SMEs through the pandemic. A total of £14m of the CBILS funding has been provided to Scottish SMEs.

Property group Savills has upgraded its 2021 UK house price forecasts, predicting a 3% rise in Scottish house prices in 2021. The firm predicted that average UK house prices will rise by 4% over the year, with a 21.1% growth from 2021-25. Prices in Scotland will increase by 22.8% by 2025, it added.

Scotland’s Towns Partnership (STP) chief officer Phil Prentice has welcomed a Scottish Government cash boost to support the nation’s Business Improvement Districts (BIDs). The Scottish Government has confirmed that it will provide another £600,000 to further the work of BIDs a

SilverBullet, the rapidly expanding Motherwell-based e-commerce platform for the automotive sector, has been appointed an e-commerce partner for the 600 strong and growing, UK-wide Independent Motor Dealers Association (IMDA). IMDA members will have access not only to SilverBullet's full e-commerce

Tenants and private sector landlords facing financial difficulties caused by the pandemic have more time to access support after two loan schemes were extended by the Scottish Government. The Tenant Hardship Loan Fund and the Private Rent Sector Landlord (non-business) COVID-19 Loan Scheme, both of

A convicted robber who absconded from prison was caught by police when he came out of hiding to buy the latest Call of Duty video game.

The average woman in her twenties will retire will £100,000 less in her pension than her male counterparts, according to the latest research published by Scottish Widows.

Empowered By Cloud, a successful Scottish Cloud-based accountancy specialist, has more than quadrupled its workforce in the last 12 months to meet soaring demand – with further hires in the pipeline. Aware of the effects the pandemic was having on small businesses, Glenrothes-based founder Lau

The employees of Edinburgh-based financial services company Nucleus Financial have said they are opposed to the proposed £145 million takeover of the firm. In the Scheme Document published by Nucleus, the firm's staff have highlighted a 'significant anxiety' about the impact of the takeover on