News

UK new car registrations rose for the first time this year as pent-up demand from the coronavirus lockdown helps to lift the market, according to figures published today by the Society of Motor Manufacturers and Traders (SMMT).

The Financial Conduct Authority (FCA) is consulting on proposals to reduce the potential for harm to investors from the liquidity mismatch in open-ended property funds. The new rules as proposed would require investors to give notice – potentially of up to 180 days - before their investment is

The final manuscript for the classic film Breakfast at Tiffany's, starring Audrey Hepburn, has sold at an auction for £377,000.  The typescript, covered in Truman Capote’s handwritten edits, sold to an anonymous buyer at Sotheby’s London for more than double the pre-

EY in Scotland has welcomed Moray Barber to the firm as a tax partner based in Aberdeen who will primarily serve the energy sector. His appointment follows that of Duncan Reoch as associate partner who joined in March. Mr Barber has more than 20 years of experience supporting clients with complex ta

Venture Capital (VC) investment in Scottish scale-ups remained robust and resilient in the second quarter of 2020, as the number of deals increased during lockdown despite growing economic and political uncertainty. The latest data from KPMG Private Enterprise’s Global Venture Pulse Survey rev

Glenrothes-based timber specialist, James Donaldson and Sons Ltd (JDS), has appointed Arlene Cairns as its new chief financial officer.  Taking up her new role yesterday, Ms Cairns joins from Aviva, where she was chief finance operations officer responsible for leading globa

Scotland’s leading responsible finance provider, Social Investment Scotland (SIS) has appointed three senior non-executive directors in support of its new ten-year strategy to build an impact economy. The appointments of Claire Treacy, Sheila Fazal, and Collette Norval, will support the delive

Brodies LLP has continued to make progress for the year to 30 April 2020, reporting a 7% increase in turnover to £82.0m (2018/19: £76.9m). This amounts to 20% growth in the last two years and marks the tenth consecutive year of progress for the firm. Profits before partner distributions

Mark Bustard, CEO of The Industrial Biotechnology Innovation Centre (IBioIC), details Scotland can grow a clean, sustainable economy in the wake of the coronavirus pandemic.  The idea of a net-zero carbon emissions and zero waste economy isn’t as far- fetched as some may think. The k

Virgin Money, the owner of Clydesdale Bank, has launched a new £400,000 Community Anchors’ Fund, in partnership with the HFD Charitable Foundation to help community groups in Glasgow. The fund has awarded the first ten of up to 30 grants to support community groups whose activities have

The majority (90%) of medium-sized businesses in Scotland can only continue trading for up to nine months with current funding arrangements, according to new research from accountancy and business advisory firm, BDO. BDO’s second Re-thinking the Economy survey reveals that medium-sized busines

The closure of courts due to the coronavirus lockdown led to a complete halt in the prosecution of high-value fraud cases in Scotland during the first half of 2020, according to data from KPMG. The firm’s bi-annual Fraud Barometer measures fraud cases with losses of £100,000 or more reac

The Industrial Biotechnology Innovation Centre (IBioIC), the specialist body set up to stimulate growth in the Industrial Biotechnology (IB) sector, has appointed Dr Lynsey Dunbar as senior business engagement manager to help increase funding for Scotland's bioeconomy.  This newly created

A survey of more than a thousand businesses across the Highlands and Islands shows a marked decline in confidence in Scotland’s economic outlook.

UK manufacturing activity reached a 16-month high last month, marking the fastest expansion since November 2017, according to the latest IHS Markit/Cips UK manufacturing purchasing managers’ index (PMI).