News

Alliance Trust chairman Lord Smith of Kelvin is selling Inchmarnock, his island in the Firth of Clyde which includes Port House, a four-bedroom property, 20 years after embarking on a major restoration project at the beauty spot. Having been left for decades to fall into disrepair pri

The Financial Conduct Authority (FCA) has today fined Standard Life Assurance Limited (SLAL) £30,792,500 for failures related to non-advised sales of annuities. SLAL did not dispute the FCA’s findings and the firm’s agreement to accept the FCA’s findings meant it qualified fo

More than £23.8 million of Venture Capital (VC) was invested into Scottish start-ups in the second quarter of 2019, with the bulk of funds spent on technology and healthcare businesses, according to KPMG’s Venture Pulse Survey. The figures, compiled by Pitchbook, reveal that deal volume

PwC has this week published a new paper - ‘The Future of Audit: Perspectives on how the audit could evolve’ - which shows individuals and organisations with a stake in the effectiveness of audit, such as academics, investors, audit committee chairs, CFOs and politicians, have a significa

Scottish law firm Gilson Gray has appointed former Scott-Moncrieff business development director Suzanne Chaudhry as it implements an accelerated growth strategy. Ms Chaudhry joins the Edinburgh team with 22 years of experience in business development and marketing.

Carberry Tower, a luxury, 4-star castle hotel and event venue on the outskirts of Edinburgh, is set to expand after securing a £2.9 million funding package from HSBC UK. The privately-owned family business plans to use its new financial package to create new leisure and dining experiences on-s

Shelborn Investments Limited has bought the 124 St Vincent Street office building located in the heart of Glasgow’s Central Business District.  The landmark building is situated in a prime location on St Vincent Street between the junctions of Hope Street and Renfield Street. 

The Supreme Court will rule next week on an appeal from the Court of Session centred on whether a farm business is entitled to deduct the VAT it paid on the acquisitions of single farm payment entitlement (SFPE). The respondent is a taxpaying company which carried on a farming bu

Bailiffs in England and Wales are to be required to wear body cameras to ensure that debts are collected fairly and safely without intimidation of vulnerable consumers.

Two of Scotland’s biggest advice charities have agreed to work closer together to provide the best ever network of debt advice across the country.

Aberdeen Standard Investments’ Charitable Foundation has given out its latest award - £10,600 to a charity supporting adopted children who have been excluded from the education system. Funding for London-based Body & Soul will support projects to help improve adopted children’s

Hidden money troubles are the biggest barrier to building a long term relationship for a fifth of young people, according to new YouGov research commissioned by Lloyds Bank.

High street bookmaker Scotbet Limited has been sold by the receivers to Scotb123 Limited as part of a pre-pack deal, safeguarding 127 jobs. The business operated a portfolio of 41 licensed betting shops throughout Scotland.

EY has appointed an equity partner to lead its growing Innovation Incentives team in Scotland. Jonathan Boddy is EY’s first partner dedicated to this area in Scotland and reflects the work he has been leading to assist businesses from the Borders to the Highlands access R&D

Construction and interior fit-out specialist Dimension Shopfitting has become part of the City Gate Construction group after it was placed into administration last week.