News

Anderson Anderson & Brown (AAB), the tech-enabled business-critical services group, has announced the appointment of Ken Beaty as non-executive chair of AAB Group. Mr Beaty has extensive experience working with the boards and shareholders of high growth private companies through his 20 years as

Scotland’s onshore GDP grew by 0.8% in November, according to statistics announced today by Scotland's Chief Statistician. The figures indicate that output is now back above the pre-pandemic level of February 2020 for the first time, by 0.6%.

Loyal fans of Hollywood star Ana de Armas are suing a film studio for $5 million after renting a film in the mistaken belief that she was in it alongside actress Lily James. Ms de Armas – who shot to fame with her appearance in Blade Runner 2049, Knives Out and No Time to Die – appeared

Jan du Plessis, the chairman-designate of the Financial Reporting Council (FRC) has told the Big Four accountancy firms that “the outcome could be much worse for them” if they do not actively participate in the drive to improve the audit industry. Mr du Plessis' warning came as he faced

Asset & wealth management firm AssetCo has reached an agreement on the terms and conditions of an all-share acquisition of River and Mercantile Group (RMG), in a deal worth £98.8 million. The deal takes the number of asset management businesses it has acquired in the past year to four.

Audit, tax and consulting firm RSM has appointed restructuring specialist Alan Brown and corporate tax professional James Strang as partners in the Glasgow office. Alan Brown joins RSM from industry where he led Envoy International Limited through a period of change following a merger and prepared t

New research published by Financial Consultants, Enryo, shows that Scotland has both the highest cash and mobile payment (e.g. Apple/Google Pay) usage in Britain. Over half of the country’s population (54%) now uses cash at least once a week to pay for goods and services, while 33% of Scots us

Edinburgh is the UK’s top innovation city outside of London by a considerable margin, with Glasgow second, according to new research from Knight Frank.

Law firm Lindsays has appointed Aziz Yasin as its new banking and finance solicitor in its commercial property team in Edinburgh. Mr Yasin advises banks, borrowers and peer-to-peer lenders in relation to general property finance matters, real estate acquisitions and development finance. He is involv

Startup Grind Scotland has secured funding to take Scottish startup and scale-up founders to the two-day 2022 Startup Grind Global Conference in Silicon Valley in April.

Interpath Advisory, the independent advisory firm that was formed last year following the sale of KPMG’s UK Restructuring practice, has announced that it has opened a new office in the heart of Glasgow at 130 St Vincent Street. Interpath has taken the fifth floor in the landmark office buildin

Scottish private equity outfit Inverleith LLP has acquired a majority stake in Eden Mill St Andrews after the firm invested an undisclosed amount into the whisky and gin brand. Eden Mill is currently embarking on the development of its carbon-neutral single malt whisky distillery in St Andrews which

Plans to build a commercial distillery in west Fife have been submitted to Fife Council.

Unite, the union representing staff at the Financial Conduct Authority (FCA), has launched an indicative ballot of its members for industrial action at the regulator. Yesterday, Unite members began voting in a ballot called by the union as management has refused to negotiate with the workforce on a

Theodore Agnew, a Treasury and Cabinet Office minister, resigned yesterday over the UK Government's decision to write off £4.3 billion in fraudulent COVID-19 loans. Mr Agnew labelled the oversight of the scheme “nothing less than woeful” and accused officials of “schoolboy er