News

An SME lender for the rural and agricultural sector has joined the Alternative Business Funding platform to offer its expertise in rural finance to farmers and the rural economy across England, Scotland and Wales. UK Agricultural Finance (UKAF) offers loans from £100,000 to £10 million,

Emma Louden, HR manager at Chiene + Tait, has been appointed to the Chartered Institute of Personnel and Development (CIPD) Mid Scotland branch committee, focusing on health and wellbeing, as well as employee engagement in the workplace. The CIPD is at the forefront of championing better work and wo

Financial technology start-up Tumelo has raised £1 million in seed funding to develop a platform to show investors exactly which companies they own through personal investments and pension funds. Addleshaw Goddard’s fintech team, based in Scotland, advised Tumelo on the deal. The funding

Aberdeen Laundry Services is expanding its business with the acquisition of family-run professional laundry service providers, Cathkin Clean Scotland. The purchase has been supported by a £275,000 funding package from Royal Bank of Scotland and marks the next phase in the company’s growt

A proposed local inheritance tax would affect nine in ten Scottish estates. The Institute for Public Policy Research (IPPR) Scotland – a think tank – has suggested the tax in order to raise up to £200 million per year for public services.

The boards of Smith & Williamson and Tilney have reached an agreement to combine their respective businesses. Pictured (L-R): Kevin Stopps, Chris Woodhouse and David Cobb

Two restaurateurs from Glasgow have been banned for a total of 17 years after they caused a loss to HMRC of more than £4 million in unpaid taxes. Sukdev Gill, 55, signed a disqualification undertaking for eight years after he did not dispute that over six years, he caused companies he was a di

Scotland’s universities face rising costs and funding cuts and there is a growing gap in how well different institutions can cope, the public spending watchdog has said in a new report. The universities face various challenges, including a seven per cent (£91 million) real terms cut in g

Following a period of sustained economic growth, Scotland’s gross domestic product contracted by 0.3 per cent in the second quarter – the three months after the original EU departure date at the end of March. This contraction follows relatively robust growth (0.6 per cent) in the first q

Johnston Carmichael has appointed a new head of audit and assurance as part of leadership changes designed to support its succession plans.  Graham Marjoribanks, who has more than 15 years of experience in audit and financial services across the UK and in Canada, joins as partner and will be ba

Float, the cash flow solution for Xero, QuickBooks Online and FreeAgent, took home the award for best forecasting, planning and analysis software at the Accounting Excellence Awards. The AE programme, presented by Accounting Web UK, recognises and rewards brilliance in the accounting profession. Its

Researchers have calculated the monetary value of thoughts and prayers. They found that Christian participants were willing to pay for thoughts and prayers from others while non-believers were willing to pay to avoid them.

JPMorgan Chase & Co has announced plans to build a new state-of-the-art technology home in Glasgow, coinciding with the firm’s twentieth anniversary in the city. The building will be located on Argyle Street, with space for up to 2,700 employees. It is scheduled to open its doors in 2

Profit before tax at IP attorneys Murgitroyd rose by 16.4 per cent to £4.16 million while revenue increased by 7.5 per cent to £48m this year, its preliminary financial results to 31 May 2019 show. The proposed final dividend is of 15p per share (2018: 14.5p), resulting in a total d

Sigma Capital Group, residential development and urban regeneration specialist, has posted strong interim results, showing a three per cent increase in profit before tax to £4.3 million and revenues of £5.8m, an increase of 19 per cent. The firm, headquartered in Edinburgh, has focussed