News

Heath Drewett Glasgow-based energy firm Aggreko has announced the appointment of Heath Drewett as chief financial officer (CFO).

Paul Wheelhouse Burntisland Fabrication (BiFab), which currently has more than 600 people working at yards in Fife and Lewis, has filed a notice of intention to appoint administrators.

John Brodie The Scottish Retail Consortium (SRC) has today announced that John Brodie, chief executive of Scotmid (Scottish Midland Co-operative Society), is to become SRC chairman with effect from 1 January 2018.

Dave Jones The creator of the original Grand Theft Auto (GTA) computer game phenomenon has said there is “no limit” to the future prosperity of the games sector as he prepares to chart the incredible worldwide impact of the franchise 20 years on from its release.

Benny HIggins Edinburgh-based Tesco Bank is to increase its underlying standard interest rates for savings and it’s Standard Variable Rate (SVR) for mortgages by 0.15 per cent.

Yvette Nunn The Association of Taxation Technicians (ATT) is warning that any significant reduction in the VAT registration threshold could increase costs and burdens for small businesses and impose digital record keeping requirements on them earlier than expected.

Footfall in Scotland fell by 3.3 per cent in October, marking the sixth consecutive month of decline, against a previous three-month steady growth between February and April.

Fraser Sime The Scottish private sector made a positive start to the fourth quarter, as output growth quickened at the fastest pace since July, according to the Bank of Scotland.

A progress report filed at Companies House by the joint administrators of defunct Perth retail institution McEwens has revealed that it is not anticipated that all claims against the business will be paid in full.

A number of Scotland’s biggest and most prominent firms, including financial industry giant Aberdeen Asset Management, have been named in the so-called ‘Paradise Papers’.

Budding business advisors from across Glasgow have taken part in a series of workshops designed to teach them about the benefits of working in professional services.

AAB managing partner Graeme Allan (right) welcomes Kevin Meaney to the Aberdeen firm Aberdeen-based accountancy firm Anderson Anderson & Brown (AAB) has announced the appointment of Kevin Meaney as tax director.

Mel Bucher Edinburgh investment house Martin Currie has strengthened its US Institutional business team with the appointment of Andy Hahn as vice president, North America, sales and client service.

Edinburgh-based Sainsbury’s Bank says it has received £150m worth of mortgage applications in the first half of the year.

Sean McGinness Accountancy firm Saffery Champness says that it welcomes the majority of findings made by the Office for Tax Simplification (OTS) in its report on the UK VAT system to consider whether or not this was working for businesses and to identify opportunities to simplify the structure.