News

Glasgow-based regulatory technology firm Encompass has received a £1.97 million research and development grant from Scottish Enterprise. The grant will be used to develop an artificial intelligence platform for its financial services clients.

Mark Brown, audit, accounts and business assurance partner at Meston Reid & Co, said the practice is finding more and more companies are seeking an audit, even when not required to do so. Meston Reid & Co have recorded a 25% growth in limited company audit work in recent times. Whilst this i

Lloyds Bank has issued a memo on staff treatment due to a drastic rise in complaints to one of its employee unions concerning working conditions across is declining banking network.

Jon Pickstone, deputy director of regional economic development at the Scottish Government, has been elected to the board of the Institute of Economic Development (IED). The EID is the UK’s leading independent professional body for economic development and regeneration practitioners working fo

The start of 2020 saw the performance of the UK manufacturing sector steady following the downturn experienced through much of last year, according to the latest IHS Markit/CIPS UK Manufacturing PMI.

MHA Henderson Loggie has announced that LOVE learning, a charity that supports vulnerable individuals, is to take over the Edinburgh site previously occupied by Gorgie City Farm. Gorgie City Farm went into liquidation in November last year when the farm fell into financial difficulty, with MHA Hende

Chanel has launched a water bottle costing £4,400. The "flask bag" sports a gold-coloured metal bottle, with a detachable quilted lambskin holder and the iconic Chanel logo.

Chartered accountancy and business advisory firm Anderson Anderson & Brown LLP (AAB) has appointed Duncan Raggett as an insolvency practitioner. Mr Raggett, who has been Joint Insolvency Examination Board (JIEB) qualified since 2015, shall accept insolvency appointments with immediate effect and

Aneta Hologa has been appointed to join the financial services team at Munro & Noble solicitors and estate agents. The company said Ms Hologa's mixture of skills from both her background in banking and having worked as an independent mortgage adviser made her the ideal candidate to join the team

Venture Capital (VC) investment in Scottish scale-ups almost doubled in 2019, hitting just under £198 million, according to new research from KPMG. The Global Venture Pulse Survey by KPMG Private Enterprise, reveals the amount of money invested in Scottish fast-growth businesses in 2019 reache

Anderson Anderson & Brown LLP (AAB) has secured a six-figure investment for Aqualife Services Limited. The funding will be used to help facilitate the company's growth.

Edinburgh-based financial services company Nucleus Financial Group has posted positive results in its Q4 2019 Assets Under Administration (AUA) update. In the three months to 31 December 2019, Nucleus has seen its AUA increased by 16.3% to reach £16.1 billion. This is a 2.8% increase over the

Aberdeen-based Infinity Partnership has been recognised for recent successes with two members of its team shortlisted for a UK accountancy award. Simon Cowie and Greg Houston will battle it out for Accountancy Professional of the Year on Tuesday, February 11 at the 2020 IRIS Customer Awards. Three a

Dave Philp, head of R&D tax at accountancy firm Chiene + Tait, urges business to prepare for a research and development (R&D) tax relief crackdown. R&D (research and development) tax relief, introduced in 2000 to encourage more company investment into innovation, is more popular than eve

Dundee accountancy firm owner Furqan Baig has been appointed vice-president for Scotland of the UK Asian Business Council (UKABC). The UKABC assists businesses to make deals internationally.