News

Edinburgh-based investment manager Par Equity has won Best EIS Manager at the prestigious 2021 EISA (Enterprise Investment Scheme Association) awards. The firm was also highly commended in the EISA Impact Award.

Exizent, the Glasgow-based technology firm, has appointed Graeme Jones, the former CEO of Scottish Financial Enterprise, as a senior adviser to its board. Mr Jones brings has decades of senior management experience within some of the UK’s leading financial institutions and extensive strategic

Wealth management and professional services group Tilney Smith & Williamson has announced two further senior hires in its financial intermediaries business development team which provides investment management services to financial advisers. Crawford Armstrong and Mark Johnson have joined the fi

G&S Investments is now the sole owner of Lanarkshire chemist thanks to substantial funding from HSBC UK. The company purchased the remaining 50% of Lesmahagow-based Abbeygreen pharmacy after owning half the business for 3.5 years.

Integrated fee-sharing law firm Spencer West LLP has launched a Scottish practice. The firm’s presence in Scotland will be spearheaded by former DLA Piper banking and finance partner, David Morton, assisted by former Fenwick Elliott Construction partner, Jonathan More, as business growth direc

Independent chartered surveyors DM Hall is set to move next month to new, highly visible office premises at 12 Bothwell Street in Glasgow.

Perth-based insurance giant Aviva has trawled through its archives to unearth a treasure trove of unusual claims dating back centuries, as it approaches its 325th anniversary on November 12. Historical claims involve a leap-frogging vicar, a swearing parrot and an elephant who attempted to get insid

Scottish private sector firms registered a further sharp uplift in business activity during September, 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 -

TSB has extended its pilot scheme that offers bank accounts to homeless people. The programme, which may be implemented elsewhere in the UK, has been extended to the end of this year.

Virgin Money, owner of Glasgow-based Clydesdale Bank, has launched a free new app designed to help businesses be more sustainable by measuring, tracking and offering guidance on improving their Environmental, Social and Governance (ESG) credentials. Through its partnership with Future-Fit Found

The first recipients of a fund set up to help Scotland’s manufacturing industries reduce emissions have been announced by the Scottish Government. Eight companies will share £3.4 million through the first round of the Scottish Industrial Energy Transformation Fund (SIETF), with additiona

A Russian company specialising in custom-made designer gadgets is selling a solid gold PlayStation 5 for $320,000. The firm, Caviar, has introduced a series of solid gold items, including 18-karat versions of the AirPods Max, the iPad Mini and the iPhone 13 Pro.

Royal Bank of Scotland owner NatWest Group is facing a fine of £300 million after the bank pleaded guilty at Westminster Magistrates’ Court to criminal charges brought by the Financial Conduct Authority (FCA) under the Money Laundering Regulations 2007 (MLR 2007). NatWest accepts that it

Wealth manager Brewin Dolphin, which has offices in Edinburgh and Dundee, has ditched plans to move its head office to a new site opposite St Paul's Cathedral in London. The firm said that having evaluated its office space requirements post-pandemic, which includes a more flexible working model

The UK Government has introduced legislation designed to support small businesses following the end of restrictions on winding up petitions on 30 September, writes Joanne Gillies, partner at Pinsent Masons. The Corporate Insolvency and Governance Act 2020 (CIGA) introduced in June 2020 restrict