News

Rachel Reeves A Parliamentary report produced in the wake of the collapse of construction giant Carillion has said the UK’s Big Four accountancy firms should be broken up due to their role in a "rotten corporate culture".

David Gallacher The Ship on the Shore, the renowned seafood restaurant in Leith, Edinburgh, has completed the redevelopment of a new bar area after receiving £550,000 funding from Santander.

Adrian Murphy Glasgow-based advisory firm Murphy Wealth is set for a period of prolonged growth with ambitions to double in size in the next year.

Ian Macleod Ian Macleod, has joined the board of Archangels, the prominent business angel investment syndicate, succeeding Geoff Ball, who has retired after seven years.

Aberdeen Standard Investments (ASI) has expanded its private rented sector interests with a £44 million investment in two residential blocks in Edinburgh and Leeds.

David Young WD Scottish accountancy firm William Duncan + Co Ltd have announced the appointment of new senior audit manager, David Young who will be based at their Kilmarnock office.

Scottish retail sales decreased by 3.8 per cent on a like-for-like basis In April compared to the same month last year when they had increased by 3.0 per cent, according to latest data from the Scottish Retail Consortium and KPMG.

CYBG, owner of Clydesdale Bank, has announced its plans for a new head office, based in Glasgow, after signing a lease on office space to be built on Bothwell Street.

Santander UK is poised to launch a standalone digital unit in the next few months aimed at the UK's small and medium-sized enterprises, according to reports.

Paula Speirs, Neil Coutts, Gareth Hann, Paul McGinty, Eilidh McGowan KPMG has invested in talent across its tax, audit and consulting teams in Scotland by announcing six new directors.

Dr Olga Kozlova, director of Converge Challenge and Dr. Claudia Cavalluzzo, deputy director of Converge Challenge Royal Bank of Scotland and Talent Spark have announced their sponsorship of the Converge Challenge Kickstart Award with a cash prize of £10,000.

Karen Hain The latest annual Legal Benchmarking Report from MHA, the UK-wide group of accountancy and business advisory firms, has revealed law firms saw an overall reversal of income and profitability growth trends experienced over the last three years.

Dominic Rose Old Mutual Wealth Private Client Advisers (OMWPCA) has acquired Scottish Borders financial advisory firm DG Pryde Ltd, adding £200 million of assets under advice to its national financial planning business.

Claire Reid The cost of spending the night in an Edinburgh hotel during 2017 grew three times faster than the UK average, with Glasgow rates also outpacing the UK, according to PwC’s latest survey of hotel performance.

A Dundee-based building engineering services company has announced it has completed its transition to become Scotland’s latest employee-owned business, with 56 members of staff becoming owners via a process managed by accountancy firm Henderson Loggie.