News

Edinburgh-based private investment company Cairngorm Capital has bought builders’ merchants Fairalls. This is Cairngorm Capital’s third acquisition in the building merchants sector, following its purchase of Stamco last month and Parker Building Supplies in March 2018.

The number of decrees against Scottish businesses dropped by 28 per cent in the first six months of 2019 (compared to HY1 2018 figures) - totalling 1,140, the lowest of any first half-year on record. According to figures released this week by Registry Trust, the total value of decrees against busine

Eighteen companies have been suspended from the Prompt Payment Code for failing to pay suppliers on time, the Chartered Institute of Credit Management (CICM) has announced.

Economic confidence in the United Kingdom dipped back in Q2 2019 amid Brexit uncertainty, according to the latest Global Economic Conditions Survey (GECS) from the Association of Chartered Certified Accountants (ACCA) and Institute of Management Accountants (IMA). The poll of more than 100 acco

Sue Kershaw has today been named as president of the Association for Project Management (APM). Currently UK managing director of major projects advisory at KPMG, Kershaw becomes the first female president of the chartered body for the project profession.

Tenancy deposit protection scheme SafeDeposits Scotland brought together professionals from across the private rented sector to raise more than £900 for Edinburgh-based youth homelessness charity, the Rock Trust. Held on July 5 at Glasgow’s Committee Room No 9, a quiz was

A new competition is giving aspiring business owners the chance to win six months’ free office space, worth £10,000, at a prime address in Glasgow’s prestigious George Square. 

Martin Gilbert, co-founder of Aberdeen Asset Management and former Standard Life Aberdeen chief executive, has been linked to a new role at banking challenger Revolut. According to reports in The Financial Times, Mr Gilbert, who shared chief executive duties with Keith Skeoch at SLA after AAM’

The average price of a property in Scotland in May 2019 increased by 2.8 per cent on the previous year to reach £152,801, the UK House Price Index (HPI) has shown. Comparing with the previous month, house prices in Scotland rose by 1.2 per cent between April 2019 and May 2019.

Edinburgh-based wealth manager Brooks Macdonald has announced it has signed an agreement to lease a new London office at 21 Lombard Street. The lease is for six years with relocation to the new premises in the second half of the Group’s financial year ending June 2020.

In the five weeks 26 May – 29 June 2019 Scottish sales decreased by 3.1 per cent on a like-for-like basis compared with June 2018, when they had increased by 2.0 per cent. This is below the 3-month average decrease of 1.0 per cent.

Edinburgh’s Cameron Toll shopping centre has been sold in £38 million deal backed by funding from Royal Bank of Scotland. The transaction sees Franklin Templeton Investments acquire the site which has spaces taken up by Aldi, Argos, Boots and Sainsbury’s.

Cumbernauld-based Irn-Bru maker AG Barr's share price fell sharply yesterday after the company issued a profit warning. The firm said it expected sales to drop by 10 per cent and profits by up to 20 per cent as they struggle against a strong year in 2018.

As Brexit uncertainty marches on, the latest Citibase Business Confidence Index reveals that Scottish SMEs are well equipped for the future with 51 per cent reporting that they have already started - or are about to start - creating strategies to deal with post-Brexit issues. More interestingly, 47

A new 5-star hotel, bringing 65 new jobs to the city, has opened in Inverness in a development supported by £4.5 million of funding from Barclays. The 47-bedroom Ness Walk is the latest addition to Kingsmills Hotel Group’s portfolio.