A Scottish international real estate tycoon who founded and ran a firm that at one time was worth £1.8 billion has been made bankrupt with debts of more than £2 million. John Kennedy, who founded Edinburgh-based Kenmore Property Group in 1986 was one of Scotland’s wealthiest men but lost it all
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Scottish accountancy firm Henderson Loggie has announced a clutch of new business contracts from creative and interactive media companies which contribute to its plans to grow fee income by 40 per cent in the sector over the next twelve months. Among others, new clients include: Ninja Kiwi, creators
Aberdeenshire-based craft brewer, bar operator and crowdfunding pioneer BrewDog has come up well short of its most ambitious funding round to date. The Ellon-headquartered firm had set a £25m target for the fourth round of its Equity for Punks crowdfunding schemes.
Average rents in the Scottish private rented sector (PRS) now stand at £767 per month, up 2.1 per cent on the year, according to new research. The latest quarterly report from rental property portal Citylets found that, with the exception of accelerated reduction of rents in Aberdeen, rents Scotlan
Blair Nimmo The first quarter of 2016 has seen the number of failing businesses in Scotland rise by 10 per cent, according to latest figures from KPMG.
Theresa May Home secretary Theresa May has today announced proposals for new laws that would target MPs, councillors and civil servants suspected of corruption.
The Capitol Aberdeen (Knight Property Group) PwC in Aberdeen is moving from its Albyn Place base to the newly revamped The Capitol development on the city's Union Street in a move that the global accountant says reaffirms the company’s commitment to the Granite City and the north-east of Scotland.
Back row – Jack Robertson, Chairman, Thorntons; Craig Nicol, Joint Managing Partner, Thorntons; Douglas Kinnear, Partner, Thorntons. One of Scotland’s largest legal firms has announced plans to merge with a south Fife law practice, expanding its reach further down the East coast.
V&A Dundee Henderson Loggie is this week hosting accountancy colleagues from around the UK as the firm hosts the MHA annual conference in Dundee, the first time the event has been held outside London.
Andy Kerr A former Labour minister’s purchase of a mansion gifted to his community a century ago has led to an unusual defamation action against the moderator of a Facebook group in which allegations of “corruption” were made, The Herald newspaper reports.
A survey carried-out by consumer watchdog Which? has revealed that Britons have lost millions “down the back of the nation’s sofa”. The consumer group surveyed 1300 of its members in February and found eight per cent believe they have lost track of dormant bank accounts, three per cent said t
The main trade body representing mortgage lenders in Scotland has vowed to work with the newly elected Scottish Government and others on implementing a range of housing market initiatives. Representatives of CML Scotland met fellow housing industry professionals and contacts from government, chariti
The Dundee-based UK Games Fund has received a record-breaking number of submissions for its latest funding round, the organisation has said. A total of 235 funding applications were received from a mix of established and start-up studios, with a total of around 25 applications coming from Scottish-b
Aberdeen-based energy services giant Wood Group has been awarded £100 million, five-year North Sea contract extension by global oil and gas firm Nexen, securing more than 190 jobs. Under the agreement, Wood Group PSN (WGPSN) will continue to deliver operations, maintenance and technical support acr
Social Investment Scotland has completed the divestment of SIS Community Capital, a pioneering social investment fund which raised £400,000 entirely from private investors. Seven social enterprises based in Scotland which are all making significant social and environmental impacts within their loca