News

Over £200 million of debt has been repaid since the reform of the Debt Arrangement Scheme in 2011, the Scottish Government has said.

John Macintosh of Deloitte and Graeme Roy of the FAI The Scottish Government’s focus on following a single, unified approach to the economy risks being blurred by a proliferation of strategies, advisory groups and discussion forums, warns the Fraser of Allander Institute (FAI) and Deloitte.

Colin Dempster Ernst and Young has been called in as administrators at Airdrie-based TOM Vehicle Rental, which has collapsed with the loss of 428 posts.

After a hugely successful year of fundraising and volunteering, Tesco Bank is delighted to announce it has raised £64,000 for its 2017/18 charitable partnership with the Edinburgh-based homelessness charity, Rock Trust.

Robin Mitchell As the third anniversary (April) of the introduction of Land and Buildings Transaction Tax (LBTT) approaches, Robin Mitchell a real estate partner with Shoosmiths offers a timely reminder of tenants’ responsibilities

Paul DeMarco Marco’s Leisure, a third-generation Edinburgh family business, has exceeded expected footfall and attracted major new businesses as a result of a £1 million funding package from HSBC.

Ed Molyneux Royal Bank of Scotland is to acquire Edinburgh-based accounting software vendor FreeAgent in a deal that values the firm at £53 million.

Andy Briggs The boss of insurance giant Aviva, which employs 2,500 staff across hubs in Perth and Bishopbriggs, has taken home a £4.3 million pay package for 2017 on the back of a salary hike and nearly £3 million in bonuses and shares.

Richard Davies Challenger bank TSB says it has bolstered its commitment to “break the shackles that the big banks have on the small business banking market” by creating Business Marketplace which it claims will allow small businesses to easily compare financing options from a number of lenders i

EQ CF Partners (L-R) Mark Gibson, Mark Smeaton, David Morrison, Steven Todd, Louise Grant and Ross Oliphant Scottish accountancy firm EQ Chartered Accountants has revealed that it has reached completion of corporate finance assignments worth £300 million in just two years.

Stuart Lunn Edinburgh-based peer-to-peer (P2P) lender LendingCrowd has secured an external funding round of £2 million following a strong 2017 for the business, with the proceeds earmarked for ramping up its sales and marketing activities.

Caroline Gardner Recruiting the skilled staff needed for the Scottish Government's new financial and social security powers and responsibilities will be challenging, the Auditor General has warned.

Michael Stoneham Michael Stoneham, a partner and head of energy & infrastructure finance at Scottish law firm Brodies looks ahead to the coming of Scotland's national investment bank

LGIM Real Assets (Legal & General) has announced on behalf of its Linked Life Fund that it has signed an agreement to develop a new hotel in the heart of Glasgow city centre.

Liam McGonigle Barclays says it has bolstered its offer to commercial finance intermediaries in Scotland with the appointment of Liam McGonigle to the role of business development manager.