News

Deloitte’s UK partners will benefit from an average payout of about £1 million after the Big Four firm's profits recovered from a drop last year in the wake of the pandemic. The share of profits to 700 equity partners is the highest in ten years, according to individuals who have been br

Ahead of COP26, the 2021 United Nations climate change conference in Glasgow at the end of October, chartered accountants Wylie & Bisset is urging SMEs to futureproof themselves against the sustainability demands of Generation Z. And it recommends SMEs sign up to the new Google and Planet Mark f

Lyn Calder, corporate finance partner and head of family businesses at Anderson Anderson & Brown (AAB), highlights the intricacies of investing in the family business. I wear a lot of hats at AAB, one of which is leading a team that supports our family business clients, and another is a Corporat

Responsible finance provider Social Investment Scotland (SIS) has invested more than £100 million in 460 social enterprises, community organisations and mission-driven businesses since opening its doors in 2001, according to its latest Impact Report. The latest annual investment figures from S

Adam Swayne, a solicitor in the Asset Protection Group at Murray Beith Murray, looks at how to effectively pass on cryptocurrency through a Will. Every year, millions of pounds worth of cryptocurrency are lost forever because the owners of the currency failed to put a plan in place to leave it to lo

A new artisanal Scottish ready to drink cocktails brand Angel’s Share has launched across the country, following funding from micro-investment firm CAM Ventures. The brainchild of Michael Crozier, who identified a gap in the market for premium, Scottish-made ready-to-drink cocktails as far bac

Finance secretary Kate Forbes will publish the 2022-23 Scottish Budget and the Medium Term Financial Strategy on Thursday 9 December 2021, following agreement of the date with the Scottish Parliament’s Finance Committee. The agreed timetable will ensure sufficient time to scrutinise the Scotti

Scottish businesses are being urged to reconnect with the world and discover valuable new opportunities at the World Expo being held in Dubai. The Scottish Chambers of Commerce network is leading three delegations later this year and into 2022, providing the platform for Scotland to showcase its ski

The Financial Reporting Council (FRC) has published the findings of its review of companies’ viability and going concern disclosures which found there were several areas where viability and going concern reporting could be improved.

AECOM, the global infrastructure consulting firm, has become the latest occupier to take space at HFD Group’s flagship 177 Bothwell Street in Glasgow. The firm has secured around 20,000 sq. ft. on the office development’s second floor. AECOM has the option to take more space as it contin

The Royal Society of Edinburgh (RSE) has announced £1,805,000 in grants, funded by the Scottish Government, through the RSE Saltire Research Awards. With a focus on the next generation of researchers, many awards will be received by ‘early career researchers’ (an individual who is

Michael Jackson memorabilia seized from the vice president of Equatorial Guinea will be used to help pay for Covid-19 vaccines for the country, US authorities have said. Obiang Mangue was required to sell the memorabilia, as well as a $30 million California mansion and a Ferrari, as part of a 2014 s

Accountancy and business advisory firm Johnston Carmichael has appointed three of its partners to board level as part of its strategy of having a strong succession plan for the senior leadership team of the firm. The new board members are Graham Marjoribanks, head of audit and assurance, L

Blanket and scarf brand, The Tartan Blanket Co., has received a £1.8 million loan from HSBC UK to purchase new premises, as demand grows globally. The Edinburgh-based natural wool brand, which makes natural and sustainable tartan blankets, has used the funding to purchase a new 32,000 sq. ft.

Aberdeen-based oil and gas services firm isol8 has received a £3.5 million investment from BGF to support its long-term growth plans, including increasing its staff by 50% over the next 12 months. The investment from BGF will also be used to develop isol8’s zero-emissions product po