Glasgow City Council has secured a property-backed loan deal to help pay out £548 million in an equal pay settlement. Canada Life Investments has agreed a £166m, 30-year loan deal with City Property Glasgow – a wholly owned subsidiary of the council.
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Tax and business advisory specialists EQ Accountants LLP is urging food and drink businesses to explore potentially significant tax savings often associated with manufacturing or scientific companies. The firm, which has offices in Dundee, Forfar, Cupar and Glenrothes, has claimed over £500,00
Malcolm Cannon has begun his role as national director for Scotland at the Institute of Directors (IoD). Mr Cannon will be responsible for leading the organisation through a transformative era to establish greater autonomy in IoD Scotland and to attract directors and other leaders from across all se
Edinburgh-based baby care brand Cheeky Chompers has secured an oversubscribed crowdfund as it attempts to scale the business “to the next level”. Founded by Julie Wilson and Amy Livingstone when they were on maternity leave has obtained investment of £472,000, having sought £
Edinburgh is set to host a special seminar which will aim to help Scottish FinTech businesses gain an edge in the growing sector. The event, hosted by intellectual property specialists Marks & Clerk, is entitled ‘FinTech: Protecting Your Intellectual Property’ and will take place at
Susan Anderson discusses progress in closing the gender gap in finance. We're all in need of some positive news these days and here it is. The gender diversity gap in finance and investment is closing. Granted, it would be a stretch to say that the pace of change is rapid but, to its credit, in the
FutureX has today named the semi-finalists for the annual Startup Summit Competition. The group of eight tech startups includes winners of Scottish EDGE and Investing Women AccelerateHER, with a combined investment of over £2 million to date. This year's competition is hotly contested, with th
Challenger bank Monzo now has three million customers, with sign-ups continuing to rise for the app-only bank. Monzo reached the milestone only four months after acquiring two million users and the company said it is currently taking on 55,000 new customers every week.
An accounting student has won an award from Anderson Anderson & Brown LLP. Laura Kaczmarek, a student at Robert Gordon University, has been named Best Final Year Student in Accounting and Finance BA (Hons) 2019.
A man who found a wallet containing €2,000 (£1,770) in cash has refused a reward after returning it. Mossan Rasal, 23, found the wallet lying in the street in Rome and took it directly to the police station.
A Norwegian fintech company is to set up a base in Edinburgh after securing a six-figure grant. Eedenbull is to become the latest firm to join Scotland's growing fintech sector and create 20 new roles in the process.
PwC now employs more than 1,000 people in Scotland, helped by a 13.4 per cent increase in graduate recruitment numbers this summer. The jobs boost comes as PwC UK experienced higher than expected growth over its financial year as clients seek help tackling uncertainty, risk and the need to transform
Chiene + Tait (C+T) has announced the promotion of personal and business tax specialist Michelle Fallon to the role of partner. She was initially recruited to the firm as personal tax manager and promoted to director level in 2017. Ms Fallon has been with the firm for six years, during which C+T has
A rare first edition of Adam Smith's The Wealth of Nations could sell for as much as £75,000 at auction in the US. Smith, a leading figure of the Scottish Enlightenment, wrote much of the book at his mother's home in Kirkcaldy and published it in London in 1776.
Chat show host Lorraine Kelly has seen the value of her business empire rise to more than £3.5 million after she won a legal fight with tax authorities. The presenter's company accounts show that last year the Albatel firm made a profit of almost £500,000 with assets of £3,680,403,