News

Edinburgh-based insurance giant Standard Life has announced that it has become the first private sector company to receive recognition as a “Living Wage Friendly Funder” in the UK from the Living Wage Foundation. This is an extension to Standard Life’s commitment to the Living Wage and the imp

Geoffrey Thomson Perth-based investment firm Braveheart has announced that founder and chief executive Geoffrey Thomson has quit as the firm announced losses of more than £760,000.

Ian McCall Ian McCall is a Partner at Deloitte

Scottish Enterprise has revealed that its investment arm, the Scottish Investment Bank (SIB), invested £66.5 million into 155 Scottish companies during 2014/15, leveraging a record private sector investment of £99 million. SIBs investment has more than doubled the amount invested during the previo

Jeremy Corbyn The frontrunner in the Labour leadership election has stated that he could force public assets such as Royal Bank of Scotland that have been sold-off by the current UK Conservative government to be renationalised with "no compensation", should he become prime minister.

John Swinney Finance ministers from all three Devolved Administrations have issued a joint warning that UK austerity plans “present unnecessary risks to our public services”.

Three men have become the first in Scotland to be convicted for running a sophisticated international money laundering scheme known as "cuckoo smurfing". Muhammed Hameed, 32, Shahid Aslam, 36, and Saleem Shikari, 52, each pleaded guilty at the High Court in Glasgow to a charge under the Proceeds of

Nick Handcock Nick Hancock is an Associate in the Edinburgh office of DM Hall chartered surveyors

Accountancy heavyweight Deloitte has posted a seven per cent rise in profits that has seen partner earnings rise from £750,000 to £822,000. Revenue at the firm grew 6.4 per cent from £2.55 billion to £2.71bn in the 12 months to the end of May this year.

Paul Copland Ernst & Young has named its 12th new partner in Scotland this year.

A record number of companies has been formed by the University of Edinburgh in the past 12 months. The University supported the formation of 44 start-ups and three spin-outs in 2014/15 - a total that supersedes the previous best of 40 five years ago.

Multi-award winning sustainability and eco-innovation business Plan Bee Ltd has announced the appointment of Mark McDavid as its new chairman. Plan Bee provides beehive management services for a number of leading household brands including Kelloggs, Highland Spring, Balfour Beatty and Low Carbon.

Alan Brown and Bruce Cartwright of PwC have been appointed as joint administrators of Fletcher Shipping Ltd, a Portlethan-based oil field services firm. Established in 2007, Fletcher Shipping provided offshore supply vessels to exploration and production firms operating predominately across the Nort

Law firm Burness Paull has reported strong full-year results with revenue up 11 per cent to £51m, in the year to July with profits up by 12 per cent in the same period rising to an impressive £23 million. Staff are sharing in the good news with a bonus of 7.5 per cent of pay.

Latest reviewed projections from the CBI have indicated that the UK is set to enjoy "decent quarterly GDP growth" for the next 18 months. The news came after the business lobby group upgraded its forecasts for the rest of 2015 and on into next year.