News

Callum Carmichael and Michelle Elliot, partners with FRP Advisory, have sold the business, assets and goodwill of Edinburgh-based internet retailer Flowercard International Limited to Flowers in Cards Limited, a new venture formed to acquire the business. Flowers in Cards Ltd plans to invest in and

Standard Life Private Equity Trust, a fund managed by abrdn, has posted a Net Value Asset (NAV) total return of 37.9% for the eyar ended 30 Deptember 2021, compared to 11.7% in 2020. This figure compares to 27.9% for the FTSE All-Share Index.

Scottish corporate insolvencies in the final three months of last year were 77% higher than in the final quarter of 2020, according to the latest figures published by the Accountant in Bankruptcy.

Chartered accountant Wylie & Bisset is advising hospitality sector operators to raise their prices in response to rising inflation and operating costs. While welcoming the easing of Covid-19 restrictions, Catherine Livingstone, partner and head of the business advisory services team at Wylie &am

Reskilling staff can create cost savings of up to £49,100 per employee compared to recruiting or making a role redundant, according to a report published today by the Financial Services Skills Commission (FSSC) and PwC UK.

Social Investment Scotland (SIS) has provided Shawlands-based Flair Gymnastics with a £112,000 funding package to refurbish the premises. The club secured £112,000 from SIS, comprising a £60,000 loan to revamp the gym equipment and £52,000 in grant funding through the Adapt a

Aberdein Considine has appointed Darren Polson as head of mortgage operations. Mr Polson brings almost 20 years’ experience in financial services and has joined the firm from Mortgage Advice Bureau where he was head of training and performance in Scotland. He will work alongside Greig Brown wh

North-east environmental technology firm, Recycl8, is expanding its team to drive continued growth and enter the global renewable energy market. With multibillion-pound offshore windfarm projects recently being awarded development rights around the coast of Scotland, this vital industry is set for a

The Beatles and John Lennon memorabilia are set to be sold as a non-fungible token (NFT) by John Lennon's eldest son, Julian.

Almost 90% of global financial services investors are planning to establish or expand operations in the UK in 2022, according to EY’s latest UK attractiveness survey, representing the highest level of confidence since EY started attractiveness analysis. Sentiment around planned investment into

Firms using company or insolvency law to manage their liabilities have been warned they could face assertive action by the Financial Conduct Authority (FCA) if their proposals unfairly benefit them at the expense of their customers. The FCA has seen an increase in the number of firms developing prop

Office market activity in Edinburgh has returned to pre-pandemic levels, according to the latest figures published by real estate advisor CBRE.

Decom Engineering has opened a new facility near Aberdeen, investing more than £250,000 to set up a base at Potterton near Dyce. The 6,000 sq ft facility will be used for equipment testing and storage, hosting customer trials days, and it will allow faster deployment of Decom’s asse

Three of Scotland’s most innovative SMEs have secured a global audience spot at the CAN DO Innovation Summit after entering a competition to appear on the events #SMEstage. The successful candidates; FC Laboratories Ltd, Cheemia ReSET and Danu Robotics Ltd, will join a host of world-class spea

BR-DGE, the Edinburgh-based payment orchestration provider, has announced major growth plans for 2022, following a substantial follow on investment from existing shareholders in Q3 2021. Led by Brian Coburn, BR-DGE’s platform promises to revolutionise online payments for merchants by offering