News

The Financial Conduct Authority (FCA) has today published the final report on its investigation in to Royal Bank of Scotland’s (RBS) treatment of small and medium-sized enterprise (SME) customers transferred to its Global Restructuring Group (GRG). The now notorious GRG has already been the su

Glasgow-based architectural practice Anderson Bell +Christie has become the latest Scottish business to announce its transition to employee ownership – an increasingly popular business model.

Edinburgh-based cloud accounting provider FreeAgent has secured an industry first by successfully connecting its software to the UK’s biggest banks through the new Open Banking framework. The company, which makes award-winning software for small businesses and their accountants,

Clydedale Bank owner CYBG’s latest SME Health Check Index dropped by 6.6 points to 48.5 at a national level in the first quarter of 2019, its lowest rating for a year, driven by lower SME borrowing and an increase in businesses operating below capacity. Scotland experienced a 7.9 point decline

Prestwick Airport will be advertised for sale as the Scottish Government said it looks to return the facility to the private sector.

Chartered Accountants Wylie & Bisset has had its contract with Accountant in Bankruptcy (AiB) extended by a further two years. An Executive Agency of the Scottish Government responsible for administering the process of personal bankruptcy and recording corporate insolvencies in Scotland, AiB is

Edinburgh is the city with the best prospects for UK economic growth, with Cambridge and Manchester coming in second and third place, according to the 2019 Vitality Index by Lambert Smith Hampton.

In its 31st annual Financing Property presentation, hosted yesterday in Edinburgh, Savills says that social, demographic, political and technological disruption is causing fundamental shifts in UK property, posing challenges but also offering opportunities for the lending industry. Savills says

Demand for properties in Scotland dropped again in May, with the number of new buyer enquiries remaining negative for the fourth consecutive month according to the RICS UK Residential Market Survey.

Peter Young, Partner, head of Private Client Tax at Johnston Carmichael, highlights the tax pitfalls facing many people with personal pension schemes, as an important deadline looms into view and the NHS finally makes a move to address the situation  

The UK held more inwards Foreign Direct Investment (FDI) stock than Germany and France combined by the end of 2018, according to the latest United Nations data released today.

The Highland town of Lossiemouth has seen its cash machines run dry in its first weekend without a high street bank.

Deloitte has bolstered its team across Scotland after announcing a number of senior promotions. Tim Corfield has been appointed to partner in Glasgow while Kris Keane, Claire Robb and Gareth Edwards take up director roles in Edinburgh.

Having been appointed joint administrators of Wakefield-based Redhall Group, and its two subsidiaries including Redhall Jex Limited (Jex Engineering) on 10 June 2019, Chris Petts and Sarah O’Toole of Grant Thornton have executed a sale of Jex Engineering as a going concern to Glasgow-headquart

Donald McNaught, restructuring partner at Johnston Carmichael, has been appointed provisional liquidator of Rocksevents Limited. The company, which ran the Electric Fields festival, confirmed the cancellation of the event following the relocation from Dumfries to Glasgow, earlier this week