News

Marcel van Poecke Global alternative asset manager The Carlyle Group has agreed to acquire Aberdeen-based EnerMech Group Ltd, an international services company providing critical asset support to the energy, infrastructure and industrials sectors, from Lime Rock Partners.

A no-deal Brexit would have "horrific" consequences for the Scottish financial sector, according to experts briefing Westminster's Scottish affairs committee. Alastair Ross of the Association of British Insurers told MPs that financial transactions currently carried out in Europe by UK firms could b

Tens of thousands of Lloyds Banking Group customers may have had their credit cards cancelled without notification following the Ticketmaster data breach, The Scotsman reports. Around one per cent of Bank of Scotland, Lloyds Bank and Halifax credit card customers were affected by the breach earlier

David Kent Global R&D innovation funding specialist Leyton is expanding its operations in the UK with the opening of a new office in Glasgow this month.

Eileen Blackburn Accountants and business advisers French Duncan have been appointed the liquidators of Town House restaurants Ltd, which operates under the name of the Boathouse hotel and restaurant in Kilsyth.

HSBC has provided £4 million of funding to a Clydebank-based franchise business to expand its McDonald's restaurant franchises across central Scotland.

Antonio Lorenzo Scottish Widows has selected investment giant Blackrock to manage £30 billion of assets in index strategies, following the review by Scottish Widows and Lloyds Banking Group’s wealth business of their asset management arrangements.

David Watt The Institute of Directors (IoD) in Scotland has announced that David Watt will step down as its executive director next April, The Herald reports.

Douglas Cameron Wealth manager Brewin Dolphin has insisted that ISAs remain important despite the number of ISA accounts in the UK dropping to a near-two-decade low.

Pictured (l-r): John Fordyce, founder at Borders Distillery; Malcolm Offord, chairman of Badenoch & Co; and Adam Hardie, partner and head of food and drink at Johnston Carmichael A potent cocktail of gin and funding advice was served up to guests attending Scottish accountancy and business advis

Former Muirfield Contracts chairman John Stodart has been disqualified as a director after he was found to have taken more than £880,000 from the company as it faced financial ruin.

David Duffy CYBG, owners of Clydesdale Bank and Yorkshire Bank, have completed a £1.7 billion acquisition of Virgin Money, creating the sixth biggest bank in the UK.

Barry O’Dwyer Standard Life has announced a new partnership with Endometriosis UK, the first in a series of partnerships aimed at highlighting the needs of people living with an invisible illness.

17-year-old Katie Hall Grant Thornton has reported a nearly 50 per cent increase in applications for its school leavers programme in Scotland, following a drive to increase social mobility and broaden the appeal of accountancy as a career option.

Jamie MacKenzie EY has announced the appointment of Jamie MacKenzie as head of pensions covenant advisory for Scotland.