News

Allan Clow Aberdeenshire-based Bancon Group has completed its new senior management team with the appointment of Allan Clow as group finance director.

Aberdeen’s hotel sector experienced its fifth consecutive month of double digit drops in occupancy and revenue in August as the hospitality sector continued to be badly hit by cuts in the oil and gas sector, according to the latest report by accountants BDO. The firm’s monthly hotel survey found

As Scottish laws on insolvency are to be brought together into one piece of legislation for the first time in a generation as the new Bankruptcy (Scotland) Bill, ICAS has endorsed the move. The Bill, due to be introduced to the Scottish Parliament, aims to capture all of the amendments made to the p

Scots law firm MacRoberts has reported another successful year, with increased profits and turnover and the appointment of seven new partners. In the year-end to April 2015, turnover at the firm was up by 2 per cent to £17.959m and profits increased by 1.3 per cent to £6.183m.

A draft report outlining proposed changes to the way Stirling Council delivers its services in the face of challenging financial circumstances is set to be published today. The local authority is facing a budget shortfall of over £25 million over the next five years.

Some 441,000 working Scots are being paid less than the Living Wage, according to research published today by KPMG. The latest figures from 2014, indicate one in five employees in Scotland earn less than the Living Wage – an increase of one percent from last year of 19 per cent).

David Menzies Directors, shareholders and others connected with an insolvent company can now have their proposed pre-pack acquisition of the insolvent business reviewed by an independent pool of experts in a move to improve trust and transparency in UK business rescue.

The Scottish Chambers of Commerce’s latest survey of Scotland's key business sectors in the third quarter has revealed a mixed picture that should "trigger an amber warning light" for governments north and south of the border, the body has warned. The chambers of commerce said the fall across manu

The thought of sharing their home with a ghostly presence wouldn’t put the majority of people off their dream property, according to new research from Clydesdale Bank. The Hallowe’en survey from the Glasgow-based lender revealed that two thirds (67 per cent) of those surveyed would not be put of

Craig Whyte Craig Whyte, the former Rangers Football Club owner who led club to liquidation in 2012, has now himself been declared bankrupt.

Kevin Phillip and Rebecca Shiel Aberdeen-based independent financial services firm Phil Anderson Financial Services Ltd has made a double key appointment to strengthen its workforce following an increase in demand for its services during the past twelve months.

Mark Donnelly The Scottish Government's Bill to reform the private rental sector (PRS) could usher in a wave of investment in housing from a new breed of funds targeting 'generation rent' with high quality flats and apartments, according to experts at Colliers International.

Property prices in the countryside are, on average, £27,047 (17 per cent) higher than in urban areas, according to the latest annual Bank of Scotland Rural Housing Review. The premium has widened from 14 per cent, or £17,539, over the last decade, the Edinburgh-based bank said.

Scots private equity house Maven Capital Partners has announced a £5.4 million investment in GEV Group (GEV), a fast growing and diversified organisation with a key focus on the renewable sector. The business comprises of four main divisions which operate across multiple markets and global location