News

Perth-based insurance broker Jelf Clark Thomson has completed its rebranding exercise as it strives for further growth under the new Marsh Commercial name.  Scottish Financial News reported in February that the firm, which was obtained by Jelf in May 2018, saw its profits more than double

Glasgow-based tour operator Macs Adventure has received a £1 million Coronavirus Business Interruption Loan (CBIL) from Barclays to safeguard the future of the business. The company specialises in self-guided, tailor-made walking and cycling holidays across 40 destinations, 90% of wh

A round-up of business news from across Scotland featuring: Bancon Homes' expansion plans for Central Belt; PPE wins for Tayside and Fife firms; Gravitricity's sign-up with Forth Ports and Sedgwick's new home at Glasgow’s Sentinel.

Donald MacKinnon, group legal director at employment law and HR firm Law At Work, advises on the steps businesses can take to limit losing staff and lays out the considerations which must be made if employers are forced into the last resort. The announcement by British Airways that it will cut

In the first quarter of 2020, there was a 3.5% decrease in house prices in Aberdeen city and its suburbs, according to the latest research from ASPC.

A forward-thinking housing association is seeking talented trailblazers from the financial sector to support its transformation plans. Caledonia Housing Association chief executive Julie Cosgrove has been shortlisted for Director of the Year in the 2020 Institute of Director Awards and, together wit

Gilson Gray has expanded its financial services operations with the official accreditation of one of its financial advisers. Chris Plews’s new specialism in Defined Benefit Pensions will enable the Gilson Gray team to advise clients on the complexities of all pensions, including final salary p

After almost four decades at the firm, Baillie Gifford’s joint senior partner Charles Plowden will retire on 30 April 2021. Following his retirement, Malcolm MacColl will become joint senior partner.

Simply Solutions (Europe) Ltd, an international facility management firm, has secured a quarter of a million-pound CBIL loan from Bank of Scotland to help continue its operations during the COVID-19 outbreak.

A fund launched last week by the Scottish Government to provide grants for small and medium-sized businesses affected by coronavirus is to be doubled from £45 million to £90m. First Minister Nicola Sturgeon announced the increase in the Pivotal Enterprise Resilience Fund to help meet exi

Company executives should expect to “share the pain” of COVID-19 market turbulence and avoid awarding themselves substantial bonuses or share awards. The warning from remuneration expert and solicitor at Pinsent Masons James Sullivan-Tailyour, comes after The Investment Association (IA),

Economy secretary Fiona Hyslop and finance secretary Kate Forbes have written to the UK Government to call for assurances that Scottish companies and workers will not be disadvantaged when decisions are made about scaling back the UK-wide Job Retention Scheme. The letter to Chancellor Rishi Sun

A law student whose twin sister caused a car crash by sneezing has successfully sued her for over €100,000.

KPMG has appointed James Kergon as its new senior partner to lead the firm’s Glasgow offices. In addition to overseeing KPMG’s largest Scottish base, Mr Kergon will continue in his role as head of deals in Scotland.

David Duffy, the owner of Clydesdale Bank, has halted plans to change bank branch names to Virgin Money as it made provisions for higher losses on loans in light of the coronavirus outbreak.  The swift change in plans and allocation of coronavirus safety-net funds has caused the lender's first-