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Seven Investment Management (7IM) has appointed Adrian Grace as chair of its board, replacing Ian Owen who steps down from the role after nearly five years. Mr Grace's career in financial services and technology companies spans nearly 40 years and he has vast industry experience, particularly in Sco

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The Securities Trust of Scotland (STS) is to switch to a new fund manager and reset its dividend. Troy Asset Management will be brought in from next month to manage the £200 million investment trust.

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Small and medium sized enterprises (SMEs) remain optimistic for long term recovery despite a dip in growth during August, according to latest edition of the Royal Bank of Scotland Small Business PMI report. The monthly survey of businesses across the UK revealed recovery in activity stalled in Augus

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The UK regional office market will see rents remain stable despite lower levels of take-up due to the COVID-19 pandemic, according to a new report from Savills. Savills says this can be attributed to record low vacancy rates, which at present average just 7.5 per cent across the Big-6 regional citie

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The landmark former Watt Brothers department store in Glasgow has been purchased by Sandy and James Easdale in a rejuvenation plan expected to cost more than £20 million. The historic building, which is situated from Sauchiehall Street to Bath Street in the city centre, has been vacant since t

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The National Audit Office (NAO) has said that £50 billion worth of banknotes in circulation are "missing". The public spending watchdog said the money is not accounted for in transactions or identified as savings by UK households.

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An airline which offered a one-off "flight to nowhere" has reported that tickets sold out within 10 minutes.

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Scottish accountancy firm Goldwells has announced the acquisition of two Moray firms, Moray Tax Specialists and Chris Banks Bookkeeping. The double acquisition means that Aberdeenshire-based Goldwells now has eight offices across north and north-east Scotland and a presence in Elgin for the first ti

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