News

Business activity in Scotland's private sector continued to decline substantially in May, as lockdown restrictions continued to disrupt the economy, according to the latest Royal Bank of Scotland PMI. The seasonally adjusted headline Royal Bank of Scotland Business Activity Index - a measure of comb

North-east financial advisors Phil Anderson Financial Services has been rewarding key workers and NHS staff by giving away over £1,000 worth of gin.

Allied Irish Bank (GB) has donated £2,000 to charities in Scotland to support communities through the COVID-19 pandemic.  The Edinburgh branch has donated £1,000 to Radio Forth’s Cash for Kids, while the Glasgow team gave £1,000 to the Peek Project in the east end of the

Family-owned Crieff Hydro Group has announced that 241 members of staff will be made redundant at the start of August. The firm which owns seven rural hotels is planning to cut over a quarter of its staff across the group's hotel portfolio.

Convenience store chain Seven-Eleven Japan is partnering with insurance company MS&AD Insurance Group to sell life insurance across its 20,000 stores. 

Anderson Anderson & Brown LLP (AAB) has appointed Derek Gemmell as head of construction & property and Stuart Rose as head of construction & property strategy as it prepares for the construction sector to re-open after lockdown. Both Mr Gemmel and Mr Rose have significant experience in t

Dundee-based restructuring and insolvency specialists Dunedin Advisory believes that using existing legislation with the use of a Company Voluntary Arrangement (CVA) and the provisions within the new restructuring bill currently being considered by parliament may be more readily used

Michael Walker, Scottish Friendly’s chairman, is stepping down after 11 successful years. Mr Walker was appointed chairman in January 2009 in the aftermath of the global financial crisis and has overseen the business’s dramatic growth and innovation in the years since. 

Edinburgh-based fixed-income investment manager Cameron Hume Ltd has been appointed to manage the Sanlam USD Enhanced Yield Fund. The Sanlam USD Enhanced Yield Fund has been designed with detailed input and collaboration from the Cameron Hume investment team and is an enhanced mo

Audrey Baxter, the chief executive of Baxters Food Group, and Edinburgh-based finance veteran Tom Burnet have joined the board of BMO Private Equity Trust PLC. The fund invests in unlisted companies with a portfolio of private equity funds and stakes in individual private businesses.

Scotland’s economy faces a gradual recovery from the coronavirus crisis, according to updated modelling published by the Scottish Government today.

Financial services firms Tilney and Smith & Williamson have agreed a revised transaction structure for their proposed merger. The merged group will be known as Tilney Smith & Williamson and will be the UK’s leading integrated wealth management and professional services business.As

Permanent job placements and temporary billings continued to fall sharply across Scotland in May, according to the Royal Bank of Scotland's Scottish Labour Market Report.

One-third of Scots have less money in their current accounts since the COVID-19 lockdown came into effect, according to new research by PwC.

As UK businesses cautiously return to trading, a review of the last eight weeks of the Association of Chartered Certified Accountants (ACCA UK) and Corporate Finance Network (CFN) SME Health Tracker reveals that the lockdown has had a marked impact on SMEs’ financial outlook. Since e