News

Glasgow-based fashion company Quiz has posted a six-month deficit after it accepted a £7 million impairment on loss-making stores. The company's online sales remained stagnant at £20m and its half-year underlying profits fell from £4.2m to £0.6m.

Andrea Gibson has been jailed for 16 months after being found guilty of embezzling over £248,000 while working as an accounts assistant for Evans Halshaw in Glasgow. Ms Gibson stole the money over a three-year period whilst working at the east end store.

Scotland’s largest publically listed companies are making good progress on boardroom gender balance, but more needs to be done, according to a new report by KPMG. The latest findings from the Hampton-Alexander review, which monitors the gender balance in all FTSE 350 businesses, reveal half of

The introduction of a tourist tax could lead to lucrative cruise liner traffic by-passing the Highlands, and even the whole of Scotland, the Chambers of Commerce for Inverness, Caithness and Lochaber and the Cairngorms Business Partnership have warned.

The largest gold nugget in the UK has been found in a Scottish river.

Scottish tax and business advisory specialists, EQ Accountants LLP are celebrating £54 million of corporate finance deals in just six months. Despite the uncertainty surrounding the UK economy due to the Brexit debate, which has undoubtedly influenced business confidence, EQ’s Corporate

Aberdein Considine has strengthened its Lender Services Practice Group (LSPG) with the appointment of UK banking veteran Colin Soulsby. Mr Soulsby has left his senior role with the Royal Bank of Scotland to join the firm in a newly-created relationship management role.

Johnston Carmichael has posted positive results highlighting a revenue increase of over a fifth at the accountancy and business advisory company's audit and assurance arm. The increase in revenues is directly due to a series of new business wins.

Renfrewshire-based dental firm Dargavel Dental Care is opening a new practice thanks to a six-figure funding package from Royal Bank of Scotland. A total of £130,000 was obtained to open a third dental practice which will serve the village of Dargavel and create five new jobs to the community.

Pebbles Group, the specialist provider of social care services for vulnerable children, has received a significant investment from Ardenton Capital Corporation, with support from Clydesdale and Yorkshire Bank’s health and social care team. The bank provided a debt package to support Arden

Port of Leith Housing Association has attracted investment of £40 million from Scottish Widows, bolstering its plans to create more than 650 social and mid-market rent homes by 2025. The funding will be drawn in stages at a low 30-year fixed rate of 2.84%.

Highlands and Islands Airports Limited has appointed three new board members from the financial sector. Eric Hollanders' most recent position was that of CEO of a Dutch Bank, Loraine Strachan is a chartered accountant who completed her training with Ernst & Young in South Africa and Isabel Toden

Glasgow-based employment law, HR and health & safety specialist Law at Work (LAW) has become the newest member of the Marlowe PLC group of companies after being sold to the group for £6.3 million. The deal will enable the firm to offer increased services and secure its ambitious

Peer-to-peer lender Assetz Capital has appointed Lucie Martin as its relationship director for Scotland. Originally from Australia, Ms Martin has held various positions at some of the biggest firms in the country such as National Australia Bank, BNP Paribas and Westpac.

The most recent IHS Markit/CIPS Purchasing Managers Index has revealed that the British manufacturing industry's job losses have hit the worst level in seven years.