News

Projects that restore nature and tackle the causes of biodiversity loss will benefit from a share of at least £13.5 million annually through a Scottish Government fund set up following agreement with the Scottish Green Party. The Nature Restoration Fund will fund projects that address the biod

Queen of Rock 'n' Rolll Tina Turner has launched legal proceedings against a tribute act whom she claims looks too much like her. Lawyers for the 81-year-old star say concertgoers could be misled by posters for Simply the Best – The Tina Turner Story because its star looks so much like the rea

Anderson Anderson & Brown (AAB), the tech-enabled business-critical services group, has announced a merger with Leeds-based independent accountancy firm Sagars to expand its UK regional presence in line with its ambitious growth plans. The two firms are on track to deliver a combined £40m+

Accountancy firm Azets is urging businesses to take advantage of incentives to invest in their businesses or sell their business, and whilst they still can, ahead of an expected ‘tax grab’ during the 2022 budget. Aileen Scott, head of tax with Azets in Scotland, is predicting harsher rul

Chiene + Tait (C+T) has appointed social housing specialist accountant Stuart Beattie as its new head of RSL (Registered Social Landlords). Mr Beattie joined Chiene + Tait in 2005 as a trainee and from that time has developed his expertise within the social housing sector, working with a broad range

Equity Gap, the Edinburgh-based angel investment syndicate, has announced key board member and advisory appointments, as it looks to expand its relationships with next-stage funders and enhance exit capability. Tracey Ginn, US and UK corporate partner at MBM Commercial; Rachel Jones, entrepreneur an

Edinburgh-based Capital Credit Union has appointed Samantha Homer as its new director of finance & compliance. Ms Homer joins the organisation having returned from an eight-year spell in Bermuda, where she held senior roles with AIG. Ms Homer previously qualified as chartered accountant with Edi

Commercial law firm Davidson Chalmers Stewart has announced the appointment of three new partners at its offices in Glasgow and Edinburgh. Nicola Scott, a commercial property and renewable projects specialist, joins from Brodies. She previously served as in-house counsel at SSE advising on property

Sinclair Breweries, which operates the Orkney Brewery, has secured £99,000 from Highlands and Islands Enterprise (HIE) to boost its efforts to create new jobs and decrease its carbon footprint. The company is investing £300,000 to expand the kitchen in the brewery’s visitor ce

The Scottish Mortgage Investment Trust plc, a trust managed by Baillie Gifford, has seen its Net Asset Value (NA) rise by 16% in the six months to 30 September 2021. This figure compares to a 9% increase in the FTSE All-World index.

The Consultative Committee of Accountancy Bodies (CCAB) has published its manifesto outlining what more must be done to build and maintain the UK's resilience against economic crime. The Manifesto calls for four clear areas for change including SARs (Suspicious Activity Reporting) reform and intelli

Scottish agritech business Intelligent Growth Solutions Limited (IGS) has announced the conclusion of its most recent funding round on Thursday 4 November at its COP26 exhibition site, which was welcomed by First Minister Nicola Sturgeon. Acting for IGS, Scottish law firm Thorntons Solicitors oversa

HSBC UK has announced the launch of a £500m Green SME Fund as part of its commitment to support businesses of all sizes to transition and thrive in a low carbon economy. This follows HSBC’s global commitment to provide between USD750 billion and USD 1 trillion of financing and investment

The well-known West Regent Street home to architecture practice Keppie Design has been sold to a Middle Eastern investment group, marking its first deal in Scotland.

Business activity across Scotland's private sector rose at a slightly faster pace in October, according to the latest Royal Bank of Scotland PMI. The seasonally adjusted headline Royal Bank of Scotland Business Activity Index - a measure of combined manufacturing and service sector output - rose fro