News

East Kilbride-based business software specialist Eureka Solutions recorded an annual turnover of £4.5 million in its latest financial year signalling an impressive 2% growth on the previous 12-month period. The firm also saw enquiries double and client numbers increase by 4%.

Baillie Gifford, the global investment management partnership, has lowered the annual management fee on the Baillie Gifford US Growth Trust, with effect from 1 September 2021. The annual management fee is now as follows: 0.70% on the first £100m of net assets, 0.55% on the next £900m of

Elaine Elder, an associate at Aberdein Considine, discusses the implications of the new policy adopted by Aberdeen City Council to tackle the local empty-housing crisis. Aberdeen City Council has adopted a new policy to tackle the local empty-housing crisis.A "last resort" for the authority under th

More than 50% of new mortgage lending is going to individuals who will not have paid off their home loan before their 65th birthday, according to a new report released by UK Finance.

Aberdeen-based architectural practice Albyn Architects is celebrating one of its busiest periods to date by moving to larger premises and taking on two additional members of staff in response to an increase in business across all its services. Joining the practice in its move to the new premises in

Women in the financial services sector have bounced back following the relaxation of Covid-19 restrictions according to a new report by Edinburgh-based recruitment firm Core-Asset Consulting.  Core-Asset Consulting found around half of candidates registering in the last quarter have been women,

The Construction Scotland Innovation Centre (CSIC) has announced the launch its new £450,000 Low Carbon Learning programme, the UK’s first ever training course designed to equip construction workers with the skills to retrofit buildings for a low carbon future.

Over 1.4 million people in Scotland have run out money before pay day in the last year, according to new analysis from Citizens Advice Scotland (CAS). Polling by YouGov for the charity found that 32% of people ran out of money either ‘always’, ‘most of the time’, or ‘so

More than £500,000 of funding has been announced by the Scottish Government to study the pressures faced from pollution and climate change. A project to gauge the impact of environmental and climate change on Scotland’s iconic wild salmon population has begun.

A first edition copy of Frankenstein has sold for $1.17 million at an auction in New York.

Thorntons Investments, the Dundee-headquartered wealth manager, has removed VAT from its AIM Inheritance Tax and Managed Portfolio Service (MPS). While numerous firms have omitted VAT from their MPS proposition as a result of a recent industry review from HMRC, Thorntons Investments is among the fir

‘Tax Gap’ figures published today by the Chartered Institute of Taxation (CIOT) have revealed the gap increasing in both absolute terms and as a share of the tax that should be collected, after five years when the latter figure fell. The tax gap is the difference between the amount of ta

Tyk, a London-based global tech company, today announced it has closed a $35 million growth equity funding round led by new investors Scottish Equity Partners (SEP), alongside existing investors MMC Ventures. Tyk’s innovative API management solution helps to build mission-critical systems in h

activpayroll, the global payroll and tax compliance specialist headquartered in Aberdeen, experienced 20% revenue growth YoY in 2020 / 21. The increase in revenue came as the firm provided additional services to existing customers and adding a host of new global customers all looking to take advanta

London-based Allica Bank has launched its first owner-occupied commercial mortgage offering in Scotland, pledging to lend £50m to small to medium-sized enterprises (SMEs). Allica Bank said that the popularity of the promotional offering in England and Wales could be the perfect way to introduc