News

Demand from occupiers and investors for office and retail property in Scotland continued to fall sharply in the third quarter of the year, but there are at least signs that the industrial sector is stablising, according to the Q3 2020 RICS Commercial Property Survey.

A Star Wars collection of over 500 items went up for auction yesterday with a price estimate of £250,000.

KPMG UK has appointed a new partner, three associate partners and four directors in Scotland as it prepares for further growth. The firm, which employs more than 1,200 people in Scotland, has promoted a total of 77 people across its offices in Glasgow, Aberdeen and Edinburgh, including Alistair McAl

FRP Advisory has appointed Emma Turnbull as a new restructuring advisory director in Scotland. During her 15-year career, Ms Turnbull Emma gained extensive restructuring experience working with a wide range of firms across the retail, oil and gas and real estate sectors on both consensual and non-co

Steve McCullough, business development and marketing director at Armstrong Watson LLP, Accountants, Business and Financial Advisors, has been promoted to the role of partner. This marks the first time anyone from the business development and marketing team has been promoted to this senior level in t

Christine Convy and Angela Paterson of Dunedin Advisory Ltd have been appointed joint liquidators of Dundee hotspot Clarks on Lindsay Street. The liquidation is a result of prolonged closure of the premises due to government COVID-19 restrictions in the hospitality sector.

Non-bank or direct lending saw a decrease of 29% in the first half of this year, according to the latest Alternative Lender Deal Tracker from Deloitte. The tracker found that a  total of 140 European deals were completed in the first half of 2020, compared to 197 for the same period last y

The Edinburgh Tax Network, in conjunction with CIOT and Terra Firma Chambers, will present a talk entitled ‘Tax Issues on Importing and Exporting - post 1 January 2021’ on November 5 from 1pm to 2pm. The speaker, Matthew Paul Clark, LL.B, LL.M. (Liverpool), PwC Director and Head of UK Cu

HSBC has indicated that it could charge for some current accounts as the banking industry anticipates the introduction of negative interest rates.  Yesterday, the bank said it was assessing whether to charge for basic banking services in some countries. 

Urgent action is needed to help families repair their finances to stay afloat over the coming months in the face of a COVID-19 winter, according to a new report from IPPR Scotland.

The private, public and third sectors must urgently form a taskforce to help the millions of people facing serious debt issues caused by COVID-19, according to insolvency firm Carrington Dean. The call comes as the UK braces itself for the fallout of furlough and new restrictions while the pressures

As UK SMEs continue to tackle the effects of the pandemic, The Association of Chartered Certified Accountants (ACCA) and the capital advisory platform Capitalise.com are working together to help bridge the advice gap ensuring firms choose the right options for funding and capital loans. Both ACCA an

UK savers are set to miss out on millions in returns after an epic £75.5 billion savings haul in lockdown, due to low savings account interest rates, according to a new report by Atom bank.

According to new research from Co-operatives UK, community ownership models are helping to create a new generation of UK businesses that are better equipped to withstand the COVID-19 crisis. The organisation’s biggest ever study of the community shares market finds that of those businesses who

A report outlining a new targeted inward investment plan focusing on nine key sectors to further internationalise Scotland’s economy has been published by the Scottish Government. Announced yesterday by trade, investment and innovation minister Ivan McKee, Shaping Scotland’s Ec