News

After almost four decades at the firm, Baillie Gifford’s joint senior partner Charles Plowden will retire on 30 April 2021. Following his retirement, Malcolm MacColl will become joint senior partner.

Simply Solutions (Europe) Ltd, an international facility management firm, has secured a quarter of a million-pound CBIL loan from Bank of Scotland to help continue its operations during the COVID-19 outbreak.

A fund launched last week by the Scottish Government to provide grants for small and medium-sized businesses affected by coronavirus is to be doubled from £45 million to £90m. First Minister Nicola Sturgeon announced the increase in the Pivotal Enterprise Resilience Fund to help meet exi

Company executives should expect to “share the pain” of COVID-19 market turbulence and avoid awarding themselves substantial bonuses or share awards. The warning from remuneration expert and solicitor at Pinsent Masons James Sullivan-Tailyour, comes after The Investment Association (IA),

Economy secretary Fiona Hyslop and finance secretary Kate Forbes have written to the UK Government to call for assurances that Scottish companies and workers will not be disadvantaged when decisions are made about scaling back the UK-wide Job Retention Scheme. The letter to Chancellor Rishi Sun

A law student whose twin sister caused a car crash by sneezing has successfully sued her for over €100,000.

KPMG has appointed James Kergon as its new senior partner to lead the firm’s Glasgow offices. In addition to overseeing KPMG’s largest Scottish base, Mr Kergon will continue in his role as head of deals in Scotland.

David Duffy, the owner of Clydesdale Bank, has halted plans to change bank branch names to Virgin Money as it made provisions for higher losses on loans in light of the coronavirus outbreak.  The swift change in plans and allocation of coronavirus safety-net funds has caused the lender's first-

A round-up of positive business stories from across Scotland.

A managing partner of Anderson Anderson & Brown (AAB) has urged more businesses to apply for the government COVID-19 loan schemes with the aim of positioning themselves strongly for the ‘new normal’. Lyn Calder, who is also the firm’s head of deals for the Central Belt, said th

Craig Baker, chairman of the Alliance Trust investment committee and Global CIO at Willis Towers Watson, discusses what the financial sector can learn from past economic crises.  Alliance Trust was founded in 1888 and been tested before in many major crises before the COVID-

The Federation of Small Businesses (FSB) in Scotland has highlighted that figures released by the Scottish Government have revealed that the volume of cash reaching firms is slowing. The Scottish Government figures indicate that £621 million of coronavirus grant funding has been rele

Permanent staff appointments and temporary billings across Scotland declined at the most marked rates on record during April, according to the latest Royal Bank of Scotland Report on Jobs.

An initiative to create a vast new nature reserve in Dumfries and Galloway through southern Scotland’s largest community land buyout is being launched today with a £3 million crowdfunding campaign to help purchase 10,500 acres of Langholm Moor. The ambitious plan by charity The Langholm

Aberdeen New Thai Investment Trust, a trust managed by Aberdeen Standard Investments, has posted its annual results for the 12 months to 29 February 2019, revealing a total return of -16.6% versus the total return of -12.8% from the company’s benchmark. The company also pos