News

Martin Gill Manufacturing in Scotland needs to be encouraged as the sector experiences a downturn in activity according to the accountants BDO.

Martin Gilbert Aberdeen Asset Management has struck a deal to issue £100m of non-voting, perpetual, non-cumulative, redeemable shares to Japanese bank Mitsubishi UFJ and Banking Corporation (MUTB).

Chris Harte Scottish law firm Morton Fraser has today announced an increase in turnover of 8 per cent to hit £18.3 million, with net profit up by 20 per cent to £6.6 million.

Dundee City Council has given its unanimous approval for a new scheme that will see the council buy homes from tenants in financial difficulty. The Scottish Government’s Home Owner Support Fund allows owners with money woes to sell their property to the council and become rent paying tenants.

KPMG has signalled its intention to target growth in its financial services, cyber security, restructuring, and tax teams in Scotland following a string of promotions at partner and director level. Andy Masters

Ray Entwistle An Edinburgh-based private bank aimed at high net worth clients has refused to rule out shifting its headquarters south of the Border.

David Mundell The UK government is to reject an amendment to the Scotland Bill which calls for full fiscal autonomy north of the border, the Scottish secretary has confirmed.

The number of people placed into work in Scotland increased again during May, though the rate of growth remained below the levels seen in the opening quarter of 2015 and throughout last year. The data comes from the Bank of Scotland labour market barometer which registered above the 50 no-change mar

Over 3000 new Scots businesses started in Q1 Latest statistics published by the Committee of Scottish Bankers (CSCB) have revealed that 3,032 new business start-ups based in Scotland were registered during the first quarter of 2015

Kevin Bridges (picture via Twitter) A company owned by Scots comic Kevin Bridges, aka ‘Kev.in’, has posted total assets of nearly £1 million.

Colin Slater With Scotland’s biggest music festival set to kick off in under four weeks, a new PwC report reveals the growing popularity of music streaming and its impact on the UK music industry.

John Swinney The Office for Budget Responsibility (OBR) has downgraded North Sea oil revenues to just £2billion between 2020 and 2040 - £34.5 billion less than previously estimated.

Carol Benzie The downturn in the North Sea oil and gas industry has left Aberdeen Airport trailing southern hubs in Edinburgh and Glasgow.

Growth and increased confidence in the economy is leading to better prospects for the accountancy profession, with nearly two-thirds of accountants receiving pay rises above or in line with inflation in the past 12 months, according to the Institute of Chartered Accountants of Scotland. The annual s

A Department for Work and Pensions adviser is facing jail over a £33,000 benefits fraud. Avril Murray, who worked at the DWP’s Dundee call centre, claimed she was a single mother while fraudulently raking in £33,000 during a decade-long scam.