News

Paul Johnston Glasgow-based private equity firm Maven Capital Partners has announced the opening of Hotel Indigo Cardiff, following its investment in the £17.5m 122-bed boutique development.

Jamie Younger Research commissioned by HMRC published in November appears favourably to reinforce the use of Agricultural Property Relief (APR) and Business Property Relief (BPR) in succession planning, experts have said.

Richard Gardiner Dunfermline-based accountancy firm Thomson Cooper has been appointed liquidator at a Fife motor recovery firm which picked up crashed and stolen vehicles for the police.

Axion Building, Belvedere Buccleuch Property has completed a forward sale of its £11.3m Axion Building in Belvedere, London, to Orchard Street Investment Management, who were acting on behalf of St James’s Place.

Matthew Callaghan Around 2,500 of Fife distribution firm Palmer & Harvey’s 3,400 UK staff, including 151 at its Dunfermline base, have lost their jobs with immediate effect, joint administrators at PwC have confirmed.

Uncertainty over the outcome of Brexit negotiations is driving a fall in business confidence, according to a survey of Association of Chartered Certified Accountants (ACCA) members.

Jim Muir Aberdeen-based accountants Anderson Anderson & Brown has announced the appointment of Jim Muir as financial services strategic advisor.

Sean McCann Family businesses could well be included as part of a multi-million pound tax crackdown on “mid-size businesses and wealthy individuals” set to begin next year.

Murdo Fraser Nearly a third of Scottish firms have appealed their business rates revaluation, totalling more than £5 billion, new figures have revealed.

Alasdair McKinnon The Scottish Investment Trust is backing bricks and mortar retailers for the longer term as it increases its holdings in well-known brands in the UK and US, despite a broader global decline in investor sentiment for the sector.

Martin Gill Accountancy and business advisory firm BDO has continued its record of sustainable and profitable growth, announcing an increase in revenues and double digit profit growth in its UK annual results published today.

Lloyds Banking Group is to close a further 49 branches throughout the UK in a move that will see nearly a dozen across Scotland shut their doors.

Two postcodes in Edinburgh and Glasgow have been named in the top three locations for house price growth over the past year in Barclay’s first ever Postcode Property Index.

Paul Atkinson(Image: Phil Wilkinson) Recruitment and investment entrepreneur Paul Atkinson has been awarded ‘Scotland’s Most Inspiring Leader’ Awards at the WeDO Scotland Awards, held over the weekend in Edinburgh’s Sheraton Hotel.

The chair of the Treasury Committee has written to the chairman of the UK’s Link ATM network to seek assurances over the future accessibility of free-to-use ATMs.