News

Iain Fraser FRP Advisory have taken over at Aberdeen-based European Development Company, operator of Holiday Inn and Express hotels in the Granite City and Holiday Inn Express in Edinburgh, after the business was placed in administration.

The Scottish estate market has proved its resilience during 2016 according to industry experts at Perthshire-based agents CKD Galbraith.

Kevin McCloud and Bevis Watts managing director Triodos Bank UK Triodos Bank has created a dedicated £15 million lending pot for social housing providers to make energy efficient improvements to current housing stock to alleviate fuel poverty and develop green spaces.

An Edinburgh builder who stole almost £120,000 of VAT that he had charged his customers has been jailed for 20 months after he was investigated by HM Revenue and Customs (HMRC).

James Leigh-Pemberton The spectre of a fine ranging between $5bn (£4bn) and $12bn imposed by American authorities on Royal Bank of Scotland is preventing the re-privatisation of the still 73 per cent state-owned, bailed-out bank, MPs have heard.

Sara Wilson Dundee-based Alliance Trust Savings has called on Chancellor Philip Hammond to scrap the lifetime allowance (LTA) for pension savings in his Autumn Statement next week.

Gary Turner A new report assessing the impact of cloud software on the accountancy profession has revealed that the extent of change since the introduction of the technology will lead to a breaking down of regular working patterns and a broadening of the role beyond number crunching into data analys

Professor Philippe Sands QC Professor Philippe Sands QC has won the Baillie Gifford prize for his book East West Street: On the Origins of Genocide and Crimes against Humanity.

Edinburgh-based provider of cloud-based accounting Software as a Service (SaaS), FreeAgent, has begun its £34.1 million flotation on London’s Alternative Investment Market (AIM).

Bambos Hambi Edinburgh-based Standard Life Investments’ MyFolio range has reached £10 billion in assets under management, thanks to strong client demand for risk-based portfolios.

First Minister Nicola Sturgeon opened the new offices of Red Rock Power Limited, a subsidiary of State Development & Investment Corporation (SDIC) in Scotland.

A 43 year old woman who conned a family-run business out of £110,000 after posing as a qualified accountant is facing three years in jail after being sentenced at Dumfries Sheriff Court.

Global oil giant Shell has announced plans to close its finance operations office in Glasgow with the loss of 380 jobs.

Richard Gardiner Dunfermline-based accountancy firm Thomson Cooper has been appointed administrator of Glasgow based C&A Mackie Insurance Consultants Limited.

James Kergon KPMG is targeting growth in its transaction services, tax, audit and management consultancy teams in Scotland, with promotions at partner and director levels.