News



Alvarez & Marsal Europe LLP appointed administrators of People's Energy Limited

On September 24, Jonny Marston, Rob Croxen and Paul Berkovi of professional services firm Alvarez & Marsal Europe LLP were appointed as joint administrators to People’s Energy (Supply) Limited, the energy supplier and The People’s Energy Company Limited, the 100% owner of People’s Energy (Supply) Limited.

Published 28 September 2021

Wylie & Bissett appoints Mark Mulholland as partner in its business advisory department

Chartered accountants Wylie & Bisset has appointed Mark Mulholland as a partner to its burgeoning business advisory department.

Published 28 September 2021

John Langlands retires after four decades with EQ Accountants

After 44 years, John Langlands will be retiring as a partner of EQ Accountants at the close of business on 30 September 2021.

Published 28 September 2021

Wright’s Home Hardware nails down new premises thanks to £385,000 funding package from Bank of Scotland

Prestwick-based hardware and housewares supplier Wright’s Home Hardware is tripling the size of its Helensburgh premises to cope with rising demand from UK gardeners and DIYers, thanks to a £385,000 funding package from Bank of Scotland.

Published 28 September 2021

Morlich Homes Limited secures £87,000 from HIE to create green homes

Morlich Homes Limited (MHL) has secured an investment of up to £87,000 from Highlands and Islands Enterprise (HIE) to help the company develop a facility to build green homes.

Published 28 September 2021

Oil price rises above $80 a barrel for first time in three years

Oil prices have risen above $80 a barrel for the first time in three years as renewed demand led to concerns of a supply shortage.

Published 28 September 2021

The North American Income Trust Plc posts NAV total return of 19.8%

The North American Income Trust Plc, a company managed by abrdn (formerly known as Standard Life Aberdeen), has posted Net Asset Value (NAV) total return of 19.8% for the six months to July 31 2021, compared to a NAV of 5.7% in the year ended 31 January 2021.

Published 28 September 2021

The Alternative Board grows by 80% in Scotland in the past nine months

The Alternative Board (TAB), a peer-to-peer advisory and networking platform for business leaders, has grown in Scotland by 80% in the past nine months.

Published 28 September 2021

EICC secures string of UK and international conferences

The Edinburgh International Conference Centre (EICC) has secured a string of UK and international conference wins for 2022 and 2023, with the EICC’s CEO Marshall Dallas heralding a “return in confidence” in business travel in the events industry.

Published 28 September 2021

Councils awarded £10m grants to help tenants in rent arrears

Councils have been given £10 million to provide grants to tenants who have fallen behind on their rent as a result of the pandemic and are at risk of eviction.

Published 28 September 2021

And finally… number’s up

Hundreds of number plates featuring the new 71 series have been banned over fears of inappropriate applications such as TA71 BAN and AN71 VAX.

Published 28 September 2021

FRC fines Grant Thornton £2.3m for Patisserie Valerie audits

The Financial Reporting Council (FRC) has fined accountancy firm Grant Thornton more than £2.3 million for failings and a 'serious lack of competence' in its audits of restaurant chain Patisserie Valerie.

Published 27 September 2021

Arbroath construction director banned for negligent accounting records

The director of a liquidated construction company has been banned for seven years after failing to explain more than £700,000 worth of expenditure.

Published 27 September 2021

James Hambro & Partners appoints George Martineau as partner in Edinburgh office

Wealth manager James Hambro & Partners has recruited 7IM’s head of financial planning, George Martineau.

Published 27 September 2021

Unbranded Finance shortlisted for short-term lender of the year award

Edinburgh-based Unbranded Finance has been nominated as a finalist in the NACFB Patron Awards for 2021.

Published 27 September 2021