News

UK Ministers have accused the insolvency profession of widespread misconduct after an inquiry found evidence of “intimidation”, “deception” and “misappropriation of assets”.

Standard Life Investments Property Income Trust, a fund managed by Aberdeen Standard Investments (ASI), has posted NAV total return of 10.2.% in the six months to 30 June 2021. This is compared to 9.0% in the first half of 2020.

Housebuilder Springfield Properties has posted record-breaking revenue and profits in its final results for the year ended 30 May 2021. The company has also reported substantial reductions in net debt and a strong outlook.

The prospect of homeownership has been made more accessible for prospective buyers in Scotland thanks to the launch of a brand new low deposit mortgage scheme by Barratt Homes.

Only a quarter (26%) of UK consumers say they are on track to achieve their retirement goals, despite 85% of people saying they have a fair to excellent understanding of pensions according to new research from Schroders Personal Wealth (SPW).

For May-July 2021, Scotland’s employment rate estimate increased over the quarter to 74.1%, according to the latest figures published by the Office for National Statistics (ONS). The data has also revealed that Scotland's unemployment rate estimate decreased slightly over the quarter to 4.3%.

The start of construction on what will become Scotland’s largest hotel was marked on Friday by a ground-breaking ceremony at Candleriggs Square in the heart of Glasgow’s historic Merchant City, heralding the £300 million transformation of one of the city’s most prominent deve

Financial wellbeing is the top priority (57%) for Brits ahead of physical, intellectual and social wellbeing. Yet only around half (55%) feel comfortable regularly checking their bank statements, according to new research from Bank of Scotland owner Lloyds Bank. The bank is encouraging consumers to

A middle-aged Liverpudlian spent three nights in a maximum-security jail after being mistaken for one of Italy's most-wanted mafia bosses. Prosecutors apologised to the 54-year-old, named only as Mark, after he was arrested at gunpoint at a restaurant in the Hague and taken blindfolded to jail, Dutc

Anderson Anderson & Brown (AAB), the tech-enabled business critical services group, has announced six new appointments to its Virtual Finance Function (VFF), following a period of substantial growth. VFF is a transformational approach to traditional outsourcing, where a businesses’ financi

Accountancy firm Johnston Carmichael has reshaped and strengthened its sector focus to help clients take advantage of the market opportunities arising from the emerging economic recovery. These changes include appointing a number of new sector heads as well as combining and rebranding some of the ex

Accountancy firm Douglas Home & Co is launching an ambitious expansion in Edinburgh, fuelled by the number of firms and business leaders who are changing direction after the pandemic. The firm believes its next wave of growth will be in the capital as both businesses and key employees re-asses t

A severe shortage of working capital is set to cause a growing number of business failures as companies responding to the recovery become overstretched and insolvent due to a lack of cash, James Fennessey, restructuring partner with Azets in Scotland, has warned. Working capital is the liquidity ava

Gilson Gray Financial Management (GGFM), the investment arm of law firm Gilson Gray, has acquired Dunblane-based holistic financial planning firm, GCR Financial, for a seven-figure sum. As part of the merger, Graham Robinson, the former owner of GCR Financial – which specialised in managing fa

Kieran Smith, an associate at Thompsons Solicitors, reveals why group action against Link Fund Solutions, in their role as manager of the Woodford Equity Income Fund (WEIF), is the only way to see justice done. The Woodford Equity Income Fund (WEIF) was the flagship fund of the larger Woodford Fund