Businessmen who were maliciously prosecuted as part of a fraud investigation into Rangers FC have accepted settlements thought to be worth millions of pounds each. David Whitehouse and Paul Clark were appointed as administrators of Rangers in February 2012 and the club was liquidated in October that
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If there is one thing the pandemic has taught company founders, it is how an unexpected event can be catastrophic to a business. In good times, when things are going well and a business is growing, it’s natural to not want to dwell on negative, unexpected events that could instantly derail tha
The impact of the COVID-19 pandemic has been felt more strongly by women business owners and entrepreneurs compared to their male counterparts, new research by Royal Bank of Scotland suggests. A YouGov survey commissioned by the bank found that nearly three-quarters (71%) of female business owners a
The right to blow up a casino formerly owned by Donald Trump is being auctioned off by a US city.
Hawick-based accountancy firm JRW has announced the promotion of Brona MacDougall to tax partner. Ms MacDougall, a former doctor, will continue to work remotely from her home on the family farm on the Isle of Lismore in the Inner Hebrides.
Royal Bank of Scotland has granted a £10 million funding package to Argyll and Bute-based housing association Fyne Homes Limited to refinance existing loans and enable future growth plans within the business.
Financial support from Unity Trust Bank is helping to transform the site of a former Glasgow primary school into a vibrant, new housing estate.
Tartan Commercial, the company behind the highly successful The Lighthouse business centre in North Berwick, has expanded its portfolio by acquiring the Falkirk Business Hub. The £1.925 million acquisition from Bellair Scotland will see Tartan Commercial retain all the employees at the hub as
Forth Ports has welcomed £11.7 million in UK government funding for new and enlarged border infrastructure at its key import/export hubs, including Grangemouth. Contractors are on site and the new border inspection facilities at Grangemouth and the two Tilbury sites in England are set to be ap
Business leaders should choose long-term viability over short-term profit in the recovery from the Covid-19 pandemic, the global finance chief of ACCA (the Association of Chartered Certified Accountants) has said. Raymond Jack, who is based at ACCA's Glasgow office, told an online summit attended by
Scottish mid-market business leaders are bullish about the impact of Brexit, according to new research from business and financial adviser Grant Thornton UK LLP. The company's research finds that roughly a quarter (24%) of Scottish mid-market business leaders do not expect Brexit to have any impact
The next intake of MSPs must deliver new laws designed to help Scotland’s local and independent firms recover from this year’s crisis, according to the Federation of Small Businesses (FSB). FSB has highlighted that these firms now carry more than £2.4 billion of COVID-19 debt.
Richard Dunbar, head of multi-asset research at Aberdeen Standard Investments, provides the company's 2021 outlook commentary. The prospect of a number of effective vaccines being rolled out through 2021 offers an ‘escape hatch’ out of the pandemic and its economic effects. This leaves u
The Financial Conduct Authority (FCA) has established a Temporary Registration Regime to allow existing cryptoasset firms, who have applied to be registered with the FCA, to continue trading. The FCA is advising customers of cryptoasset firms which should have applied to the FCA, but have not done s
A mayor has mocked a fine imposed on authorities for appointing too many women.