News

A no-deal Brexit would have “profound” economic consequences the UK economy, with GDP shrinking by up to 8 per cent and thousands of jobs being put at risk, the head of the Confederation of British Industry is to warn today. However, the industry body says UK businesses believe that

A cocaine addicted financial controller has admitted embezzling hundreds of thousands of pounds for a second time to fund her lavish lifestyle. Kerryanne Clarke from Coatbridge pled guilty at Glasgow Sheriff Court to taking more than £250,000 from Bell Building Projects in Govan using company

Latest official data published today shows that growth in the UK's economy slowed in the three months to November to slump to its weakest pace for half a year. The economy grew by 0.3 per cent during the period, less than the 0.4 per cent in the three months to October, the Office for National Stati

A woman who made a £1.6 million fortune by selling fake treatments for weight loss and cancer has been banned from running a company for six years, The Times reports. Carol Wiseman, 51, and her sister Helen Buchan, 52, both from Fraserburgh, claimed that their Secret Diet Drops

The Financial Conduct Authority (FCA) has revealed that 40 per cent of borrowers who took out a mortgage in 2017 will be aged over 65 by the time their mortgage matures - almost double the number recorded a decade ago. The City watchdog said that the 40 per cent figure represents dramatic shift from

Mackinnons Solicitors, with offices in Aberdeen, Cults and Aboyne, have announced the appointment of Neil Torrance as a partner to the firm and of Sarah Newnham as an associate. The business of Iain Smith Solicitors LLP, Queens Road, Aberdeen has been incorporated into the firm of Mackinnons an

A Scots lawyer convicted of embezzling more than £20,000 of clients’ money has been struck off the solicitors’ roll by the Scottish Solicitors’ Discipline Tribunal (SSDT). Paul O'Donnell, of Glasgow, pleaded guilty at Edinburgh Sheriff Court in April 2016 to em

Last year saw customer preference for app-based banking overtake the other three channels of online, in-branch and over-the-phone, it has been reported.

Edinburgh-based investment management firm Brooks Macdonald has today announced plans to “streamline” its business in a move expected to result in some 50 redundancies. The firm said it expects the changes to cost £3m – a one-off expense which it intends to exclude

Duncan Raggett, Nicola Rollings and Neil Dempsey Chartered Accountants & Business Advisors, Anderson Anderson & Brown LLP (AAB) has announced the appointment of Duncan Raggett as restructuring manager in their growing restructuring & recovery (R2) division.

After announcing an agreement in principle for the strategic joint venture on last March, Virgin Money and Aberdeen Standard Investments have today confirmed that they have signed a conditional agreement for the sale by Virgin Money to ASI of 50 per cent (less one share) of VMUTM and agreed the key

Steamer Trading, the speciality kitchenware retailer with 38 stores across the UK, has been sold to trade kitchenware retailer ProCook in a deal that does not include the business’ only Scottish outlet. As part of the sales process, Steve Absolom and Will Wright of KPMG were appointed joi

From space asteroid mining and artisan bacon production to the renovation of a gin distillery, Business Gateway has reported that more than 53,000 customers connected with it in 2018 and it is set to build on its track record with the launch of a new campaign. Scotland’s national bus

Nine estate agents have gone bust every week since 2010, according to an Edinburgh-based property management firm. DJ Alexander Ltd, one of the UK’s largest family-run property management businesses, has analysed official data and found that 4,258 estate agency businesses have gone bust since

NFU Mutual, Perth Agents Margaret Hebbourn & Katy Neill NFU Mutual has announced a move to new premises in Perth from the city’s busy Inveralmond Industrial Estate to their brand new office premises in Earn House, located within Broxden Business Park.