News

More than 50 jobs have been saved after Aberdeen-headquartered supplier of offshore accommodation modules Aiken Group was bought out of administration in a pre-pack deal achieved by administrators KPMG. KPMG was called in after Aiken’s directors had failed to secure fresh funding to help the c

The Scottish-European Growth Co-Investment Programme (SEGCP) has delivered £6.12m of equity investment to the first cohort of companies to come through the process, facilitating investment rounds totalling £16.26m. The Programme is delivered by the Scottish Investment Bank (SIB) –

Interserve, the a multinational group of support services and construction companies, has been bought out of administration by a consortium of its lenders. The contractor filed for administration on Friday after shareholders voted down a deleveraging plan put forward by

Laura McIntosh has joined international law firm CMS as a partner after 12 years at Dickson Minto. Ms McIntosh, who is based in CMS’s Edinburgh office, specialises in mergers & acquisitions and private equity deals.

New housing developments built in city centres have the potential to stimulate 50 per cent more economic growth than similar developments located at urban fringes, according to a new report. The study, conducted by KPMG’s specialist Infrastructure, Building and Construction team, rai

Alasdair McKinnon, manager of the Scottish Investment Trust, discusses his recent trip to China and the different investment opportunities he sees in the region  

A team who developed a concept for personalised, accessible and incentivised mental health support in the workplace have been announced as the overall winners of Datathon, an intensive 24-hour open and financial data competition hosted by Deloitte and featuring some of Scotland’s top data scie

The Chartered Institute of Taxation has welcomed the publication of a Scottish Government consultation aimed at improving devolved tax policy making. With a CIOT poll last year finding that four-fifths of Scots need better information over how taxes are decided in Scotland, the Institute added that

More than half of all residential mortgage products currently available in the UK have a standard maximum mortgage term of up to 40 years. The latest research from Moneyfacts.co.uk shows that the number of mortgages spanning four decades now stands at 50.89 per cent up from 35.93 per cent five years

Property investment and development company, Buccleuch Property has unveiled children’s charity, Seamab as its fundraising partner for the 2019 Buccleuch Property Challenge. Seamab provides care and education for children in Scotland that have experienced significant trauma in their lives and

The Edinburgh Tax Network, in conjunction with Terra Firma Chambers, will present a seminar entitled “BPR: The Pawson Problem - Wholly or Mainly Holding Investments?” on Thursday 28th March 2019 at the Mackenzie Building, Old Assembly Close, Edinburgh. The speaker will be Derek

Scots’ thrifty reputation is in doubt after research from ISA provider, Scottish Friendly, revealed that households in Scotland spend more freely than many others across the UK.

The owners of the former McEwens of Perth department store will not have to disclose the legal advice they were given before signing a personal guarantee granted to them by a bank in their action for reduction of the contract, a judge has ruled.

Dame Jayne-Anne Gadhia, the former chief executive of Virgin Money, has had her appointment to the financial policy committee of the Bank of England pushed back for a year after The Treasury was forced into a postponement to avoid “conflicts of interest”. Dame Jayne-Anne, 57, had been du

Tim Allan, the president of the Scottish Chambers of Commerce, is to join the board of Edinburgh-based business angel syndicate Archangels. Mr Allan succeeds Alastair Salvesen, whose retirement from the Archangels board, on which he has served for 10 years, is being announced at our annual