News



CMA calls for legislation to break up Big Four whilst stunting joint audit plans

The Competitions and Markets Authority (CMA) has urged that legislation should break up the UK's largest accountancy firms known as 'The Big Four' after it emerged that the profession is engaging in talks to enact a self-imposed split.

Published 27 January 2020

JK Rowling profits doubled in 2019

JK Rowling's profits from her Pottermore Ltd company more than doubled in 2019 from £3.4 million to £6.9m, according to accounts filed at Companies House.

Published 27 January 2020

Kelvin Capital announces record year with 19% rise in investments

Kelvin Capital has seen a 19% increase in its total investments in 2019, compared to 2018 levels.

Published 27 January 2020

Number of first time buyers in Scotland rises 90% in a decade

The number of first-time buyers in Scotland rose to 33,558 in 2019, an increase of more than 90% from 17,580 a decade ago, according to the latest research from Bank of Scotland.

Published 27 January 2020

Scotland sees first fall in advanced distress for nine months

The economic picture in Scotland is looking more encouraging, with instances of ‘critical’ financial distress showing a marked decrease in the final quarter of 2019 compared with the same period the previous year – the first year on year fall in nine months.

Published 27 January 2020

Julie Devlin joins CMS finance practice group

CMS has announced the appointment of Julie Devlin, who joins the firm’s finance practice group as an of counsel.

Published 27 January 2020

Digital Development Loan opens for applications

Businesses can now apply for interest-free loans of between £5,000 to £100,000 to help invest in digital technologies and skills.

Published 27 January 2020

Scottish commercial property investment exceeds £2 billion in uncertain 2019

Investment in Scottish commercial property remained resilient despite a dip in volumes amid political and macro-economic challenges, according to new analysis from Knight Frank.

Published 27 January 2020

Energy Transition Zone planned to strengthen north east’s position as global integrated energy cluster

A “world-leading” Energy Transition Zone (ETZ) is planned for Aberdeen to accelerate the delivery of net zero solutions and secure a strong economic future built on offshore wind, hydrogen, and carbon capture usage and storage (CCUS), alongside oil and gas.

Published 27 January 2020

CICM chief Philip King appointed interim small business commissioner

Philip King, chief executive of the Chartered Institute of Credit Management (CICM), has been appointed interim small business commissioner (SBC).

Published 27 January 2020

First Minister and Lord Mayor of London join forces for Scottish green finance sector

First Minister Nicola Sturgeon and the Lord Mayor of London William Russell are spearheading a joint effort to grow the Scottish green finance sector.

Published 27 January 2020

Companies to receive £170k funding for artificial intelligence innovation from Scottish Government

Companies are benefiting from £170,000 of Scottish Government funding to use artificial intelligence (AI) to help tackle the global climate emergency.

Published 27 January 2020

Albacom set for expansion after £400k loan from Scottish Loan Scheme

Engineering design and manufacturing firm Albacom is set to expand after raising £500,000 to develop its business in new markets.

Published 27 January 2020

Lothian Pension Fund adopts Charles River system to streamline investment processes

The £8.5 billion Lothian Pension Fund has adopted a new system developed by Charles River, allowing the fund to streamline its investment management programme.

Published 27 January 2020

Beeks Financial Cloud CEO Gordon McArthur floats advice to Scottish IPO potentials

Scottish companies considering a listing will hear from a panel of experts on how it can work best for their business at an IPO dinner hosted by Pinsent Masons and EY.

Published 27 January 2020