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
