News

Consumers are currently facing a £371 billion savings shortfall when it comes to feeling able to withstand a financial shock, according to Yorkshire Building Society’s The Nation’s Nest Egg report.

John Lawrie Metals Ltd has announced plans to construct a new dedicated decommissioning facility at Montrose Port for offshore oil and gas infrastructure which has reached the end of its service life, to help meet demand for the service in the North Sea. The firm has signed a 12-year lease with Mont

A new Scottish Government scheme will provide up to £715,000 of financial support to pig producers affected by the temporary closure of the abattoir at Brechin earlier this year. The Pig Producers Hardship Support Scheme delivers essential funding to eligible pig producers who supplied the Qua

A couple have been ordered to pay over £22,000 to their son after they binned his massive porn collection. An expert in porn valuation told a court that the destroyed collection was probably worth $30,441.54 (around £22,139), MLive.com reports.

Jasmine Limited, a printing and marketing business based in East Tullos, Aberdeen, has been sold as a going concern, saving all 22 jobs. The firm was the subject of a pre-pack administration sale to PFI Group based in Manchester which intends to continue operations in Aberdeen.

Anderson Anderson & Brown (AAB), the tech-enabled business-critical services group, has announced 30 new trainees have joined the business, following a period of significant growth. AAB has consistently recruited more than 20 trainees each year, but this is the second consecutive year that AAB h

Financial advisory firm 7IM has announced two new hires to its Edinburgh Private Client team with the arrival of Elaine McLachlan and Andy Bolden. The latest appointments follow a string of high-profile new hires in the region over the last three months, including that of Kris Barclay, who join

Douglas Roberts, partner at law firm Lindsays, discusses the economic benefits of employee-ownership in Scotland. By 2030, the Scottish Government hopes the country will be home to 500 employee-owned companies. It’s an ambitious target which requires sustained focus, but I’m in no doubt

The Edinburgh property market has benefitted from some of the strongest house price growth in the UK, but the city has also witnessed the largest increase in inheritance tax bills (IHT). According to new figures published by law firm Boodle Hatfield, Edinburgh residents had the biggest increase in i

Scottish law firm Burness Paull has posted profits of £33.3 million - a rise of 39% - despite the economic upheaval of the coronavirus pandemic. Burness Paull said an intense programme of client listening and rapid response during the pandemic has been the foundation for strong revenue perform

Financial services giant Aegon has announced a Knowledge Transfer Partnership (KTP) with the Edinburgh Futures Institute and the Business School at the University of Edinburgh, to develop a new approach to financial engagement. The two-year project will see experts from the institutions collaborate

Consumers have been urged to be aware of new scams which are on the rise in Scotland as national ScamWatch Week gets underway. This year’s campaign will highlight the misconception that only older and more vulnerable people are caught out, with scammers increasingly using emails and texts to p

Athletes have complained that gold medals handed out at the Tokyo 2020 Olympics are falling apart. Chinese athletes Zhu Xueying and Wang Shun said on social media that material was flaking off their medals, The Times reports.

TaxAssist Accountants has expanded its footprint in the north east of Scotland, thanks to a £175,000 funding boost from the Royal Bank of Scotland. Its new Inverurie office, which opened in July 2021, joins a portfolio of practices across Banchory, Aberdeen and Dundee and has already enjoyed a

Independent financial advisory firm Ascot Lloyd has completed the acquisition of Aberdeen-based Central Investment Services (Scotland) Ltd, building on the Group’s 12 acquisitions over the last 12 months. Central Investment has a longstanding track record of success in the Scottish market