News



Blair Nimmo to head KPMG insolvency breakaway

KPMG has confirmed that it has signed an unconditional agreement to sell its market-leading UK Restructuring practice to Interpath Advisory, a newly-formed company which is backed by H.I.G. Europe, the European affiliate of H.I.G. Capital, LLC.

Published 4 March 2021

AAB partner Brian McMurray to join firm's business advisory group

Anderson Anderson & Brown (AAB) has announced that partner Brian McMurray will join the firm’s Business Advisory Group in a new role to boost the support it provides to its extensive SME client base.

Published 4 March 2021

Scottish business community welcomes 'budget for recovery'

The Scottish business community has largely welcomed Chancellor Rishi Sunak's 'Budget for recovery' which extended the furlough scheme, froze income tax rates for five years and increased corporation tax to 25%.

Published 4 March 2021

Alliance Trust increases dividend by 3% in 2020

Dundee-based investment company Alliance Trust increased its total ordinary dividend by 3% in 2020, marking the 54th consecutive annual rise for the firm.

Published 4 March 2021

Glencadam Distillery in high spirits as pre-tax profits soar to £17.5m

The Glencadam Distillery in Brechin has seen pre-tax profits soar to £17.5 million in 2020 despite the economic uncertainty caused by the coronavirus pandemic.

Published 4 March 2021

ClinSpec Diagnostics Limited completes £3.5m funding round

Glasgow-based ClinSpec Diagnostics Limited (ClinSpec Dx) has reached its round two funding target of £3.5 million by securing an additional investment of £1.1m.

Published 4 March 2021

Daniel McIntosh: Investment and supermarket shopping – a one-size-fits-all policy?

The practice of diversifying investment portfolios is almost as old as investing itself.  Not placing all of your financial eggs in one basket is diversification in a nutshell. It makes perfect, logical sense: spreading your money over numerous equities or securities, spreads the risk. If certain investments do not perform well, only a percentage of your money (as opposed to all of it) is invested in the poorly performing investment.

Published 4 March 2021

Midlothian recycling firm NWH Group acquires J&J Stanley Recycling

Midlothian recycling firm NWH Group has acquired the business and assets of J&J Stanley Recycling in Blaydon, Tyne And Wear.

Published 4 March 2021

Devro sees underlying profits rise by 4% in 2020

Lanarkshire-based sausage skin maker Devro has published promising annual results after its underlying profits for 2020 increased by 4% to £40.8 million.

Published 4 March 2021

New car registrations drop by 35.5% in February

The UK new car market declined by 35.5% in February as 28,282 fewer units were registered according to figures published today by the Society of Motor Manufacturers and Traders (SMMT).

Published 4 March 2021

Contactless payment limit to increase to £100

The contactless payment limit in shops is to rise to £100.

Published 4 March 2021

Core-Asset Consulting report sheds light on 'cataclysmic year' for Scotland's finance sector

The impact of COVID-19, Brexit and the climate emergency is accelerating deep and dramatic changes to the make-up of Scotland’s critical financial sector, according to a comprehensive report.

Published 4 March 2021

And finally… what’s in a name?

A man who shares a surname with a derogatory term is suing a major academic institution over its definition.

Published 4 March 2021

Aston Lark acquires Edinburgh-based Bruce Stevenson Insurance Brokers

Aston Lark, the chartered insurance broker backed by Goldman Sachs has acquired Edinburgh-based Bruce Stevenson Insurance Brokers.

Published 3 March 2021

Team Magnus secures £150,000 CBILS loan from HSBC UK

Team Magnus, a Scottish junior sports and adventure goods firm with operations globally, has secured a £175,000 Coronavirus Business Interruption Loan (CBILS) from HSBC UK to meet the exceptional demand for its products, and to safeguard several jobs.

Published 3 March 2021