News

Research from smart comparison service Monva, has revealed that half (50%) of Scottish adults are unsure of how they’ll be paying back debt they’ve carried into January. Despite the national lockdown and closures of non-essential stores, the data found that over a third of Scottish adult

Over £670,000 of additional support is being made available to Borders businesses suffering from the short-term financial impact of the COVID-19 pandemic. The Borders Discretionary Support Fund for Business is being made available to small businesses and the self-employed in the area who have

TSB has provided cash flow to small and medium-sized business suppliers across the UK during the pandemic, paying 96% of invoices within seven days over the last six months. According to the Federation of Small Businesses, over £23 billion of late invoices are owed to businesses across Britain

Clyde Munro, Scotland's largest dental group, is continuing its acquisition spree - confirming it has secured a further four new dental practice takeovers over the last few weeks. The group also has a number of practices in the final stages of the acquisition process and is anticipating reaching 50

A Chinese city is launching an identification system to keep track of stray dogs and prevent pet insurance fraud by scanning their noses.

The number of corporate insolvencies in Scotland fell below 2019 levels last year as the array of government COVID-19 support measures continued to provide a lifeline for those businesses who have been adversely affected by the pandemic, according to new figures released by KPMG. Analysis by KPMG&rs

Scottish chartered accountancy practice Wylie & Bisset has expanded its business recovery and insolvency department with the appointment of the senior management team from mlm Solutions. Wylie & Bisset has appointed former mlm Solutions managing director Maureen Leslie as a consultant while

Murdoch MacLennan, banking partner in Scotland with accountancy firm Azets, has warned that 'Bad Bank’ – the term coined for the specialist units within banks where businesses showing signs of financial distress are transferred – is likely to make a return to the UK’s busines

Baillie Gifford's investments in Tesla have made a huge $29 billion (£21bn) for investors including pension funds and charities, according to new figures released to The Guardian.

Andrew Foyle, solicitor advocate and joint head of litigations (Scotland) at Shoosmiths, discusses how new regulations will introduce conditions designed to uphold creditor confidence in the pre-pack administration process. While there is no definition of a pre-pack administration in the insolvency

Aberdeen Standard Investments (ASI) has promoted Katie Trowsdale to head of multi-manager strategies, the fund of fund arm of its Multi Asset Solutions business. Ms Trowsdale will immediately assume overall leadership responsibility for the team who are responsible for the management of approximatel

Oldmeldrum-based Bethan Customs Consultancy has highlighted the need for businesses to understand basic customs documentation as they adjust to a new trading relationship with the EU. Founder and director Nicola Alexander said that a high proportion of businesses who deal solely with the EU hav

Chris Brinsmead CBE, the former senior AstraZeneca executive and experienced non-executive director, has joined St Andrews-based investment firm Eos Advisory as a partner. Mr Brinsmead is a council member at Imperial College London, a former adviser to the UK Government on life sciences, has pr

Edinburgh-based financial services training provider Redmill Advance has announced its new partnership with St. James’s Place Wealth Management in the provision of its blended learning solutions across the group. Redmill Advance will be responsible for delivering its Diploma in Regulated

Watts Commercial Finance's team in Scotland has secured funding offers totalling over £700,000 for three clients with all facilities being fully approved less than seven days after being submitted. A very promising sign for the strength of the Scottish economy, this funding amongst all the oth