News

Thompsons Solicitors has established a new financial misselling unit. The move follows the firm's work in recent years representing drivers caught up in the “Dieselgate” scandal which saw manufacturers accused of installing technology to falsify emission levels.

Richard Douglas-Home, senior associate at Turcan Connell, discusses the additional recommendations the Office of Tax Simplification (OTS) has made to the Chancellor for the simplification of Capital Gains Tax (CGT). In July 2020 the Chancellor requested that the Office of Tax Simplification (OTS) ca

Scottish consumer confidence has returned to pre-pandemic levels in Q2 2021, rising by seven percentage points from the previous quarter, according to the latest Deloitte Consumer Tracker. Confidence is at its highest level since Q3 2019 and increased by a record eight percentage points year-on-year

Shares in Scotgold Resources, the gold exploration and production company focused on Scotland, rose by almost 5% in early trading yesterday after the company issued an update on production at its Cononish mine in Argyll. Scotgold Resources revealed that work at the mine continued uninterrupted throu

Glasgow-based eCommerce agency Hudson has closed Q1 ahead of forecasts after continuing to experience rapid growth. The firm, which is headquartered in Glasgow and has a presence in both Manchester and Copenhagen, finished the period 10% ahead of its projected target.

HSBC has seen its profits after tax rise by $5.3 billion to $8.4bn in the first half of 2021. The lender has also posted profits before tax of £10.8bn, up $6.5bn from the same period in 2020.

Voyager, the Perth-based health and wellness company established to supply high-quality Cannabidiol (CBD) and hemp seed oil products, has announced the opening of its first retail store in St Andrews. The company has also entered into an exclusive distribution agreement with D. Atkinson Herbalist &a

Anderson Strathern has made a duo of senior appointments, with the Scottish legal firm making a partner promotion and a hire to its highly-rated residential property team. Jemma Richardson, deputy head of the firm’s residential property department, is appointed a partner, while Edwina de Klee

Edinburgh-based private property investment and management company Sandstone has launched a new fund focused on traditional residential property across ten cities in the UK. The launch of Sandstone Residential REIT means that family offices, fund managers, charities and private clients with SIPPS wi

The Royal Bank of Scotland is launching a new savings competition to help encourage first-time savers. The £1000 competition begins in August, with 10 customers each being awarded £1000 for opening an account and then developing a regular savings habit.

Kinloch Castle has been put up for sale for just £1. The castle, which is currently owned by Scottish National Heritage, is located on the Isle of Rum off Scotland's west coast.

Royal Bank of Scotland owner NatWest Group has posted operating profits before tax of £2.505 million. In the first half of 2020, the bank reported an operating loss before tax of £770m.

Asset & wealth management firm AssetCo has announced the completion of its acquisition of Edinburgh-based Saracen Fund Managers Limited. In May, the firm announced the conditional acquisition of the company for an effective total consideration of £2.75 million.

Dundee fintech Embark Group Limited (EGL) has been sold to Bank of Scotland owner Lloyds Banking Group for a consideration of £390 million.

Glasgow-based Xcel Financial Services Limited (XFS Limited), a provider of sales ledger management, credit control and debt recovery, has appointed Margo Kidd as a director. Ms Kidd joined XFS Limited in 2020 as chief operations officer and has 32 years of experience in the collections industry