After announcing an agreement in principle for the strategic joint venture on last March, Virgin Money and Aberdeen Standard Investments have today confirmed that they have signed a conditional agreement for the sale by Virgin Money to ASI of 50 per cent (less one share) of VMUTM and agreed the key
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Steamer Trading, the speciality kitchenware retailer with 38 stores across the UK, has been sold to trade kitchenware retailer ProCook in a deal that does not include the business’ only Scottish outlet. As part of the sales process, Steve Absolom and Will Wright of KPMG were appointed joi
From space asteroid mining and artisan bacon production to the renovation of a gin distillery, Business Gateway has reported that more than 53,000 customers connected with it in 2018 and it is set to build on its track record with the launch of a new campaign. Scotland’s national bus
Nine estate agents have gone bust every week since 2010, according to an Edinburgh-based property management firm. DJ Alexander Ltd, one of the UK’s largest family-run property management businesses, has analysed official data and found that 4,258 estate agency businesses have gone bust since
NFU Mutual, Perth Agents Margaret Hebbourn & Katy Neill NFU Mutual has announced a move to new premises in Perth from the city’s busy Inveralmond Industrial Estate to their brand new office premises in Earn House, located within Broxden Business Park.
A reduction in grant funding and additional pressures mean the Highland Council is facing a £31.2 million budget gap for 2019-20, the local authority has warned.
Dundee-based EQ Accountants have revealed that they claimed over £16 million of Research and Development tax credits for clients, ranging from a soft fruit grower and dental implants company to a manufacturer of bespoke automation systems tailored to a wide range of industries.
The total office market take-up in Edinburgh in the fourth quarter of 2018 was 208,029 sq ft, down from the Q3 figure of around 275,000 sq ft, according to the latest research from CBRE Scotland. The biggest Grade A deal was the new letting and part regear of Exchange Plaza, where Burness Paull took
Anderson Strathern has launched a commercially focused Brexit Group with director Neil Amner, former president of Glasgow Chamber of Commerce and current board member of Scottish Chambers of Commerce, at its helm. The law firm was the first in Scotland to launch a dedicated
Business advisory and accountancy firm Johnston Carmichael has expanded its Edinburgh premises, after the firm signed up to an extra 1,400 sq ft of office space at 5 Melville Street. The deal takes its overall office footprint in the capital to close to 15,000 sq ft&nbs
The Highland Hotel in Aberdeen has closed with the loss of 20 jobs, according to accountants and business advisers French Duncan. Brian Milne, a restructuring partner with the firm, was appointed on January 7 as a Trustee in the Trust Deed of the partnership of the Highland Hotel.
An accountant who pled guilty to embezzling more than £125,000 from two companies has been jailed for almost three years. Natalie Taylor scammed £88,226 from Motherwell-based McCann Electrical Limited, and while wanted by police, secured another bookkeeping job where she pocket
Specialist insurance law firm Horwich Farrelly has opened a new office in Glasgow in the firm's 50th year in business and just months after opening an office in Northern Ireland. Steven Smart will join as a partner to lead the Glasgow team, bringing Scottish expertise in motor, EL and
Investment group Mercia led investments worth £3.5 million in Scottish businesses in 2018, up from £1.5 million the previous year. The firm also increased investment in its team and its relationships with its university partners, highlighting its role as one of the UK’s most a
Figures published by the City of Edinburgh Council today appear to show strong public support for the introduction of a Transient Visitor Levy (TVL) - or tourism tax - in the Capital, with an overwhelming majority of respondents - and, significantly, the majority of accommodation providers - in fav