News

A West Lothian pensioner who was a trusted member of Scottish Widows annuities team has admitted boosting his own retirement income to the tune of more than half a million pounds as a result of a long running embezzlement scam.

(L to R) James Varga, Lazaro Campos and Scott Leckie Edinburgh headquartered fintech firm The ID Co. has strengthened its position in the market with the appointment of new chairperson, Lazaro Campos, and chief technology officer, Scott Leckie.

Business-academic collaboration projects have enabled Scottish companies to generate £64.2 million a year for the Scottish economy, supporting around 1,060 Scottish jobs, a new report has revealed.

Tim Cooper The retail sector in Scotland has the second-lowest level of firms at higher than normal risk of insolvency of anywhere in the UK, according to the latest research from insolvency and restructuring trade body R3.

Sandy Nairn Edinburgh Partners, the fund management house headed by chief executive and co-founder Dr Sandy Nairn, has reported a fall in revenue and profits after a fall in funds under management.

Hundreds of roles at Edinburgh-based Scottish Widows are to be outsourced to a new firm, parent company Lloyds Banking Group has told staff.

Ross McEwan Royal Bank of Scotland chief executive Ross McEwan has admitted publicly that last year was the worst in terms of staff morale that he had experienced since taking the reins at the still 73 per cent state-owned bank.

James Milne’s Banchory team: Lauren Thompson, Richard Christie and Bill Urquhart. A north-east accountancy firm is targeting further growth in the region as it marks its one-year anniversary in Banchory after expanding into Deeside.

Deloitte was yesterday forced to admit it had fallen victim to a “sophisticated” US-focused cyber attack on its email system that allowed a hacker to access confidential information associated with several of its most high-profile clients.

As automatic enrolment approaches its fifth birthday, (1st October), the Pensions and Lifetime Savings Association (PLSA) has highlighted that the percentage of eligible employees participating in private workplace pensions across the UK has been steadily increasing (42 per cent in 2012 to 73 per c

Christine Scott The Scottish Government has the power to stop charities building up unaffordable pension liabilities in the Local Government Pension Scheme (LGPS), the Institute of Chartered Accountants of Scotland has told Holyrood leaders.

Blair Nimmo Blair Nimmo and Geoff Jacobs of KPMG in Scotland have been appointed as joint provisional liquidators of Brown Engineering (Fochabers) Limited.

Melanie Goward Glasgow-based investment house Maven Capital Partners has announced that it is leading an investment in ADC Biotechnology (“ADC Bio”) to support the construction of a dedicated pharmaceutical manufacturing facility at a site in Deeside, North Wales, creating 50 new scientific jobs

Moira Kelly Tax professionals have welcomed another strong performance from the body charged with administering and collecting Scotland’s devolved taxes but cautioned that the numbers are likely to fuel further concerns over the Scottish Government’s flagship Land and Buildings Transaction Tax (

Donna Sim Aberdeen-based accountants and business advisers SBP have announced a senior appointment to strengthen its services across the north-east of Scotland.