News

Debt charity StepChange has today released figures showing that almost 700,000 people in Scotland have problem debts or are at risk of having them, with thousands struggling with essential household bills – especially Council Tax. In its report, Scotland in the Red, published to

9 West, an Edinburgh-based investment firm has introduced the funding for an off market £55.2 million deal for a South Korean asset management business to acquire commercial property in Scotland. Robbie Moir from 9 West secured funding from Hyundai Asset Management Co. Ltd to purchase prime of

TSB is slashing the table-topping 5 per cent interest rate on its current account later this year. The bank has announced the annual rate of interest paid on the Classic Plus Current Account will change to 3 per cent on balances up to £1,500 from July.

Trading levels remain strong in the Scottish hotel market, according to a new report published today by accountancy and business advisory firm BDO. BDO’s Hotel Britain report, which analyses the performance of UK hotels, reveals the sector experienced another year of positive results in 2018 d

HM Revenue and Customs has announced that the deadline for applications for an £8 million government initiative to help businesses prepare for EU Exit has been extended to 31 May 2019.

Staff at Scottish accountancy firm French Duncan have paid for a day of care at Stirling's Strathcarron Hospice totalling £11,000 following a year of successful fundraising work. Representatives of the firm visited Strathcarron on Friday to mark their achievement, a year after announcing

One in 10 straight Japanese men are 40-year-old virgins, a new study has revealed, with the reason being linked to how much money they have.

Up to 400 new jobs will be created during the next three years after KPMG today announced Glasgow as the location for its second UK Managed Services hub. The hub will see 200 jobs created in the short term – 50 are already in place, with a further 150 commencing from June – wit

Business optimism has crashed to its lowest level since September 2012, when the UK economy was battling to fight off a double-dip recession, according to a new report from accountants and business advisors BDO. BDO’s Optimism Index, which shows how businesses expect output to develop in the n

Aberdeen Standard Investments has announced a new tie-up with Skipton Building Society to provide portfolio solutions for customers of its £4bn investment offering. The Edinburgh-based fund manager arm of Standard Life Aberdeen said the partnership will build on its existing £13.9bn MyFo

Maryhill Housing has completed a £35.5 million funding renegotiation with its existing lender Royal Bank of Scotland (RBS). The announcement comes after the housing association carried out a full review of its loan financing arrangements in 2018.

Shepherd and Wedderburn has appointed partner and private client specialist Gillian Campbell to lead its offering to private individuals and families, business owners and entrepreneurs in the north of Scotland. Ms Campbell, who is based in the firm’s Aberdeen office, is a highly regarded priva

A donation of £95,000 has been made by Aberdeen accountancy firm Infinity Partnership to Aberdeen Royal Infirmary for new dialysis machines at the north-east’s main hospital. The fabulous figure, which has been used to purchase 10 dialysis machines, was the result of a joint effort betwe

Following BTO Solicitors LLP’s recent appointment of a new chairman and chief operating officer, the firm has announced a number of senior promotions. Two associates have been promoted to partner, fifteen have stepped up to senior associate level and a further two senior solicitors have been m

Three Scottish charities supporting vulnerable young people across the country are to share a donation of £30,000 from law firm, Gillespie Macandrew. Children in Scotland, Rock Trust and Rossie Young People’s Trust, all long-standing charity partners of the firm, will equally share this