News

A millionaire has claimed he burned over $1 million to stop his wife getting her hands on it in a messy divorce.

Leonard Curtis Business Rescue & Recovery Glasgow has secured the sale of the Carmelite Hotel in Aberdeen in a deal which will safeguard all 56 jobs. Michelle Eliot and Stuart Robb were appointed joint administrators of Carmelite (Aberdeen) Limited, operators of the Carmelite Hotel, on Friday 31

Invizius, the University of Edinburgh spin-out which is developing potentially lifesaving products for dialysis patients, has announced the appointment of James Robson as its chief financial officer.

Fintech firm FNZ has announced plans to grow its Scottish presence by establishing a new operations centre in Dundee and adding more than 200 roles across Edinburgh and the City of Discovery. The global platform as a service (PaaS) company, which serves financial services companies, opened its new D

Edinburgh-based investment firm Equity Gap invested £3.9 million last year in what the firm's directors hailed as a "strong performance".

Michelin has announced it is relaunching a scheme aimed at creating hundreds of jobs in Dundee and Angus. Michelin Development will provide funding and advice to firms with the potential to expand, providing high-quality, long-term employment.

Aberdeen-based James Milne Chartered Accountants (JMCA) is leading the way for gender balance in the accountancy sector, according to reports. More than two-thirds of the firm's 38 employees in Aberdeen, Inverurie and Banchory are women, The Press and Journal reports.

The general election has provided some clarity for Scottish businesses amid continued growth, albeit weak, according to one of the first major post-election surveys of Scotland’s business community. The latest Scottish Business Monitor, produced in a partnership between the Fraser of Allander

Law firm Murray Beith Murray has announced a number of internal promotions across its asset protection and property groups. Fraser Scott, who has been with Murray Beith Murray since 2015, has been promoted from senior solicitor to associate. He works in the firm’s asset protection group and sp

Pinsent Masons has advised Aberdeen-based John Wood Group PLC on the sale of its industrial services business to KAEFER, a technical services provider, for $104 million (£80m) and a further payment of up to around $14m (10.8m) pending achievement of agreed financial goals. The divestment is an

Men who stole prized racing pigeons worth more than €700,000 have been caged for three years.

Glasgow-based Russell & Russell, the long-established family-owned accountancy and business advisory firm, has restructured its senior management team from outside the family as it prepares for a new phase of growth. Stuart Clark has been appointed managing director of the Glasgow-based firm, wh

Law firm Aberdein Considine has appointed Natalie Mortimer as head of compliance and Thomas Lilie as head of legal for the Lender Services Practice Group. Ms Mortimer has moved to Aberdein Considine from Virgin Money where she was head of risk, compliance and quality. She brings over 15 years’

A mass exodus of Cash ISA investors submitting transfer out requests from their Cash ISAs is causing a backlog with the big bank lenders, according to new data from Sourced Capital.

Shirley McIntosh, tax partner at RSM, discusses the new challenges facing the legal sector amid changes in property tax. The start of the new tax year on 6 April 2020 will see the latest in a long line of changes in the taxation of property introduced since April 2013, from new and abolished rules,