News



Alliance Trust posts encouraging Q1 results but speeds up search for 'independent' new director

Dundee-based investor Alliance Trust has announced the appointment of headhunters to find a new non-executive board member as it aims to head off the challenge of activist investor Elliott Advisors ahead of this month’s crunch AGM.

Published 14 April 2015

Business Briefs - 13 April

Edinburgh insurance giant Standard Life has reported receiving an unprecedented level of inquiries from customers since the dramatic shake-up of pensions rules took effect last Monday.

Published 13 April 2015

Alliance Trust chief reiterates opposition to Elliott as crunch meeting looms -Video

Katherine Garrett-Cox, the under-fire chief executive of Dundee-based Alliance Trust, has restated calls for shareholders to reject the attempt by Elliott Advisors to get three non-executive directors elected to its board ahead of a crunch AGM on 29 April.

Published 13 April 2015

Skyscanner soars to top of BDO’s 100 fastest-growth league table

Skyscanner, the Edinburgh-based travel search engine, has hit the top three of the UK’s 100 fastest growing firms over the last three years in a list that also features 10 other Scottish firms.

Published 13 April 2015

New partners strengthen Begbies Traynor Group team in Scotland

Begbies Traynor Group has announced the appointments of Thomas McKay as partner in its business rescue and recovery division in Scotland and Simon Watson as partner in the specialist consulting division, which operates under the BTG Financial Consulting brand.

Published 13 April 2015

Oil price fall checks Aberdeen rents as Scottish trend continues upwards

The crashing price of oil has claimed it latest casualty in Aberdeen –the trend of rising rental costs.

Published 13 April 2015

Fraudsters in £2.2m internet holiday accommodation scams

A new report issued by the National Fraud Intelligence Bureau (NGIB) has revealed that around 70 people fell victim to an accommodation scams centred around last year’s Glasgow Commonwealth Games.

Published 13 April 2015

Maven Capital Partners and Scottish Loan Fund provide £2m funding for data management firm

Maven Capital Partners and the Scottish Loan Fund, a mezzanine fund managed by the Glasgow-based investment house, have announced a £2 million investment in the data management solutions provider Traceall Global.

Published 13 April 2015

CR Smith’s legal win brings £4m cash injection

Latest accounts for Fife-based double glazing and conservatory company CR Smith have shown the firm to have posted a healthy profit on the back of a seven-figure payout following a successful legal action stretching back more than a decade.

Published 13 April 2015

Hiring intentions sky-high but productivity continues cause for concern -BDO

Business hiring intentions are at ‘sky-high’ levels with figures stronger than the heady days of the mid 2000s boom, according to the latest Business Trends Report from accountants BDO.

Published 13 April 2015

March activity down slightly, but new work rises - Bank of Scotland PMI

Activity levels in Scotland’s private sector economy were marginally lower during last month as fractional growth in manufacturing output was offset by a slight decline in service sector activity.

Published 13 April 2015

Business Briefs - 10 April

Deutsche Bank is set to be hit with a fine worth more than $1.5bn(£1.02bn) in what would be the biggest penalty imposed for manipulating Libor.

Published 10 April 2015

Burness Paull on course for 15 per cent increase in turnover and profits

Burness Paull’s chairman said the firm is due to see turnover and profits rise by 15 per cent in the year to July 31 with all parts of the business performing well.

Published 10 April 2015

Scottish builders remain bullish as ONS reveals slight dip in construction output

The Scottish construction sector has no need to be concerned despite a fall in construction output, according to an industry professional.

Published 10 April 2015

Maven announces £13.75m Welsh capital hotel deal

Glasgow-based investment house Maven Capital Partners has announced the completion of a £13.75m deal to buy an empty 6,000m2 office building in Cardiff city-centre for conversion into a 100-bedroom Hotel Indigo, the boutique brand of InterContinental Hotels Group.

Published 10 April 2015