News

Scottish real estate agents Murray & Currie Property have acquired two independent property agencies in Edinburgh, Traquair Lettings and Crombie & Co. By adding these two portfolios, the firm has expanded its managed properties by 26% and increased its management fee income by 23%, creating

Sir Gerry Grimstone will step down as chairman of Barclays' investment bank at the end of the month. The move follows his decision to step down as chairman of Standard Life Aberdeen at the end of last year.

Accountants and financial advisers French Duncan has warned Scottish businesses to prepare for the VAT implications of a no-deal Brexit. Letters from HMRC are currently being issued telling firms about the changes which will affect all businesses which are VAT registered and which currently import a

UK charities are sitting on billions of pounds that could be invested, according to new research published by Aberdeen Standard Capital (ASC). The discretionary fund manager has published a report from The Centre for Charity Effectiveness at Cass Business School which identifies, for the first time,

Nearly one in five adults in Scotland would struggle to pay an unexpected bill of just £20, according to new research from insolvency trade body R3. According to a ComRes survey commissioned by the group, four per cent of adults in Scotland said they would find it "very difficult" or "impossib

A local authority was left with a £48 million hole in its finances after it was convinced to accept 200 kilos of nickel in lieu of a massive debt. Rome City Council accepted the spool of wire from financier Giovanni Calabrò after he insisted it was worth as much as the money he owed the

Accountancy firm Anderson Anderson & Brown (AAB) has announced a series of promotions to support its continued growth and development. Gill Pryde, who joined the firm 23 years ago and has served as a partner for 20 years, has been promoted to senior partner, supporting managing partner Graeme Al

Johnston Carmichael Wealth, the financial planning arm of accountancy and advisory firm Johnston Carmichael, has announced the appointment of Ross Leckridge as associate director.

Edinburgh-based Ethical Finance Hub has become the first Scottish-focused financial body to endorse the United Nations Environment Finance Initiative’s (UNEP FI) Principles for Responsible Banking. A coalition of 49 banks, including Barclays and Santander, have committed to aligning their stra

The continuing drive for greater cost control across financial and professional services in Scotland this year will have a retrograde impact on succession planning, according to analysis published today by recruitment company Core-Asset Consulting.  In its Salary Guide 2019, Core-Asset&rsq

Two recently-completed deals underline the growing popularity of car parks among investors on the hunt for stable long-term income, according to Knight Frank. The commercial property consultancy has brokered transactions on behalf of KFIM Long Income Property Unit Trust for The Glasshouse Car Park i

A ‘No Deal’ Brexit could have a dramatic impact on Scotland’s economy, with the potential for national Gross Domestic Product (GDP) to fall by up to 7 per cent, according to a new report by the Scottish Government’s chief economist.

A Holyrood committee has expressed concern about the lack of transparency, accountability and alignment of Business Gateway, a local-authority provision that aims to help businesses develop and grow. With 10 years having passed since the Scottish Government transferred Business G

The Financial Conduct Authority (FCA) has found that three asset management firms breached competition law, in its first formal decision under its competition enforcement powers. The firms are Hargreave Hale Ltd, Newton Investment Management Limited and River and Mercantile Asset Management LLP (RAM

The cat of late fashion designer Karl Lagerfeld is set to "inherit" some of his $170 million fortune, according to reports.