News



KPMG in talks to sell restructuring arm for £400m

KPMG is close to selling its restructuring arm to private equity firm HIG Europe as part of a deal that could see a former head of Deloitte run the newly separated business.

Published 25 February 2021

Inverness mountain bike tour company gears up for 2021 with £100,000 HSBC loan

H&I Adventures, an Inverness mountain and e-mountain bike (e-MTB) guided tour company, has secured a £100,000 Coronavirus Business Interruption Loan (CBIL) from HSBC UK to allow the business to continue trading through COVID-19 and safeguard several jobs.

Published 25 February 2021

PwC: Scotland set for 2021 economic growth after second half comeback

Scotland’s economy could grow by as much as 4.6% this year according to PwC's projections, as the country begins to recover from the slump created by the COVID-19 pandemic.

Published 25 February 2021

Lloyds Banking Group to cut office space by 20%

Bank of Scotland owner Lloyds Banking Group is set to cut its space by 20% over the next two years as working from home looks to become a permanent lifestyle change.

Published 25 February 2021

Consumers set to save £164bn this year as COVID-19 changes savings habits

UK consumers are set to put away a total of £164 billion worth of savings and investments this year in a sign that coronavirus has permanently changed the nation’s savings habits.

Published 25 February 2021

Caroline Stevenson joins Burness Paull

Financial services specialist Caroline Stevenson has joined Burness Paull as head of its dedicated FS regulatory team.

Published 25 February 2021

Mackie's sees profits rise by 61% as revenue reaches £16.7m

Mackie's of Scotland has seen its operating profits increase by 61% to £3.4 million over the last year as its revenue reached £16.7m.

Published 25 February 2021

Property Studios sees virtual business expand during lockdown

Edinburgh-based property marketing specialist Property Studios has seen its virtual tour business expand during the pandemic, driven by a booming property market where site visits are extremely restricted.

Published 25 February 2021

Finance secretary Kate Forbes calls for support for 'consensual budget'

Finance secretary Kate Forbes is urging MSPs to back the Budget Bill when it comes before Parliament for the first time today.

Published 25 February 2021

STC INSISO increases global footprint with Canadian and US partnership

Aberdeen-based software firm STC INSISO has signed a partnership agreement with Canadian firm Hatley Engineering and Applied Technologies Inc to distribute their COMET investigation, prevention and root cause analysis package to the Canadian and North American markets.

Published 25 February 2021

Greenshoots: Orkney's Westray Bakehouse moves into new factory

One of Orkney’s oldest family bakery firms has moved into a new purpose-built factory on the island of Westray in a bid to boost production and meet growing UK wide demand for its traditional products.

Published 25 February 2021

Scottish Government allocates further £8.6bn to tackling COVID-19

All £8.6 billion of consequential funding guaranteed to the Scottish Government for 2020-21 has been allocated to tackling the pandemic, a new budget update has confirmed.

Published 25 February 2021

Woollard & Henry Ltd picks up second royal accolade

Scottish manufacturing firm Woollard & Henry Ltd (W&H) is to be presented with an award from The Queen’s regional representative for its contribution to international business development.

Published 25 February 2021

And finally… Gogh away

A British family are selling a Vincent van Gogh drawing once stolen by the Nazis for a potentially record-breaking price to avoid the prospect of a rise in capital gains tax.

Published 25 February 2021

Make online retailers pay more tax to help out the post-pandemic high street, says MCC Accountants

Online retailers who’ve enjoyed a “boomtime” through the COVID-19 pandemic should be forced to pay more taxes to help out those who have suffered, according to Glasgow-based MCC Accountants.

Published 24 February 2021