News



Shell reaches agreement on £47bn deal to buy BG Group

Oil and gas giant Royal Dutch Shell has agreed a takeover of oil and gas exploration company BG Group in a deal which values the business at £47bn.

Published 8 April 2015

Tributes for brother of Aberdeen boss Gilbert after holiday death

Douglas Gilbert the well-known boss of a construction firm and brother of Aberdeen Asset Management chief executive Martin, has died after falling ill while on holiday in Tenerife.

Published 7 April 2015

Scottish Olympic legend Hoy posts £1m profit for 2014

Sir Chris Hoy, Britain’s most successful Olympian, is still putting in impressive performances despite his retiring from the track after his company posted 2014 results showing profits pushing £1 million.

Published 7 April 2015

Core-Asset Consulting launches specialist investment operations team

Edinburgh-based financial sector recruitment firm Core-Asset Consulting has announced the launch of a new Investment Operations team aimed specifically at supporting third party administrators (TPAs), global custodians and platform providers based in Scotland.

Published 7 April 2015

HSBC provides £26m finance package for ambitious Edinburgh nursing homes firm

Edinburgh-based residential care specialist Randolph Hill Nursing Homes which provides residential nursing care for 340 residents and employs more than 500 people across Scotland has secured a £26 million finance package from HSBC.

Published 7 April 2015

RBS backs Edinburgh student flats specialist with £30m finance facility

Edinburgh-based Royal Bank of Scotlandhas provided student accommodation developer Ziggurat with a finance facility of almost £30 million to help fund the construction of a major project in the city and support the firm’s wider growth.

Published 7 April 2015

Maven leads £2.75m cash injecton for IT firm Flow

Aberdeen private equity house Maven Capital Partners has led a £2.75 million investment in the specialist IT security business Flow Communications Limited.

Published 7 April 2015

Two new partners at AAB

Anderson Anderson & Brown LLP has announced the appointment of two new Partners, Chris Masson and Derek Mitchell.

Published 7 April 2015

Former board member continues to turns screws on Alliance Trust board

Former Alliance Trust director Tim Ingram has followed up the open letter he addressed to shareholders in the Dundee firm last week and further turned up the heat on the investment house’s current board by claiming that chief executive Katherine Garrett-Cox’sremuneration cannot be justified.

Published 7 April 2015

£1bn City Region target for Edinburgh and surrounding areas

New road and rail links to Edinburgh Airport and an extended Borders Railway are among major projects being drawn up by a partnership of local authorities, under ambitious £1 billion city deal plans announced today.

Published 2 April 2015

Scottish AIM shares recover

Shares in Scottish companies listed on the Alternative Investment Market (AIM) rose by 1.01 per cent in the first quarter of 2015, according to analysis by accountants BDO.

Published 2 April 2015

Strathclyde Pension Fund in £83m arms manufacturer investment row

The Strathclyde Pension Fund, one of the biggest local authority pension funds in the world, with net assets of more than £13.9 billion, has been exposed for having investments worth £83 million in 11 of the world's 20 biggest arms manufacturers.

Published 2 April 2015

Estate agents report buyer surge “chaos” ahead of new property tax

A single Edinburgh estate agent office sold 14 properties worth £330,000 or more over in just three weeks last month as well-off Scottish homebuyers raced to beat the deadline for the new property tax.

Published 2 April 2015

KPMG doubles size of Innovation Reliefs and Incentives team in Scotland

KPMG has strengthened the depth and range of its tax team specialising in Innovation Reliefs and Incentives (“IRI”) with the appointments of five new staff across Scotland.

Published 2 April 2015