News

Lorraine Garvie Five-star resort Fairmont St Andrews has appointed Lorraine Garvie as commercial director at Scotland’s five-star luxury resort.

Craig Jamieson Craig Jamieson, director at Barclays Wealth Management, has been appointed chair of the Institute of Directors Glasgow branch, while Donald Forsyth, partner at accountants Saffery Champness, has taken on the chairmanship for IoD Highlands and Islands.

Allan Wernham Tax and law firm CMS has announced the appointment of Allan Wernham as its managing director in Scotland.

David Brown Prime Minister Theresa May and First Minister Nicola Sturgeon have formally sign off a deal that will bring £1.3 billion worth of investment into the South East of Scotland.

Dublin Baillie Gifford has disclosed that Dublin is to be the location for its European subsidiary post-Brexit.

John Flint Europe’s biggest bank HSBC has announced a 4.6 per cent increase in pre-tax profit for the first half of 2018.

Sarah Moffat A burgeoning trainee tax advisor and member of Chiene + Tait’s award-winning Entrepreneurial Tax team has been awarded the Johnson Medal for achieving outstanding results in her qualification exams.

Sandy Findlay Edinburgh-headquartered R&D tax specialist Jumpstart has consolidated its position as the provider of choice for R&D tax relief services within UK manufacturing, securing two partnership arrangements which give it exclusive access to around 4,000 firms across the sector in the

Dr Roger Barker An independent Corporate Governance Commission should be established to oversee the UK’s corporate governance framework, enabling the Financial Reporting Council (FRC) to better focus on its core task of improving company audits, the Institute of Directors has argued.

Martin Gill The UK’s services sector has contracted for the first time in eight years, according to the latest Business Trends Report by accountants and business advisors BDO LLP.

Bibby Financial Services has provided an £850,000 funding facility to Glasgow-based Fyne Audio, a new entrant into the high-end, loudspeaker audio market.

Paul Dounis Family-owned bakery Aulds has issued an update after last week placing its retail business into liquidation as part of a group turnaround plan allowing it to focus on the growth of its production and wholesale operations.

The Bank of England has identified an increase in the number of consumers defaulting on credit cards, raising alarms in the City of “an early warning indicator” of an economic downturn.

Assets under management and administration (AUMA) continued to fall at Edinburgh-based financial giant Standard Life Aberdeen in the first half of the year, with operating income lower as a result.

Sebastian Burnside Weakening sterling and the current global growth acceleration has helped fuel the country’s economy during the first half of 2018, creating strong pickup in overseas businesses for Scotland’s exporters.