News

Iain Mackay (Image courtesy of HSBC) Big pharma firm GlaxoSmithKline has announced the appointment of Aberdeen-trained Iain Mackay as its next chief financial officer (CFO).

Professor Lorne Crerar (left) and Martin Darroch Harper Macleod has marked its 30th year in business by announcing record profits in its most recent financial year – its seventh consecutive year of profit growth.

Recent changes to the tax treatment of buy-to-let investments, as well as the introduction of new regulations by the Prudential Regulation Authority affecting portfolio landlords, has led to over half (53 per cent) of Scottish high net worth investors no longer viewing property as a good investment

Sebastian Burnside Permanent staff placements increased sharply during July, according to the latest Royal Bank of Scotland Report on Jobs for Scotland.

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.