Simon Quin

Scotland has £35.6bn in hidden cash that could be used to fund growth

Sustained economic growth and the fall in the Sterling exchange rate have put record pressure on businesses in Scotland to increase the amount of money tied up in working capital, leaving them at risk if…

L to R: James Milne’s Banchory team Lauren Thompson, Richard Christie and Bill Urquhart

James Milne Chartered Accountants targets Deeside growth

A north-east accountancy firm is targeting further growth as it marks its one-year anniversary in Banchory after expanding in to Deeside. James Milne Chartered Accountants acquired the business of AC Howat Chartered Accountant in September…

Steven Morris

ESM Investments to invest £25 million in Scottish technology

ESM Investments is to launch a specialist £25 million fund in 2018 to fuel further growth in Scots based technology. The company aims to attract high net worth individuals throughout the UK to pool investments…

Catriona Finnie

Chiene + Tait accountant appointed to UK Gift Aid group

Catriona Finnie, a member of the Charities and Education Group at accountancy firm Chiene + Tait (C+T), has joined HMRC’s newly-formed working group, set up to consider increasing the effectiveness of UK Gift Aid relief.…

Tim McCreath

Turnover and profits dip at Simpsons Malt

Independent maltster, Simpsons Malt, has reported a marginal decrease in profit before tax to £9.3 million (£9.9m) for the financial year ending on 31st December 2016 with turnover dipping to £143.8 million (£160.7m). The firm…

Paul Gibson

Aberdeen financial planner nominated for FT Money Management Financial Planner of the Year awards again

The managing director of Aberdeen-based Granite Financial Planning has once again been shortlisted in the FT Money Management Financial Planner of the Year awards. Chartered financial planner Paul Gibson has won the overall award for…

Lesley McAra

£1m University of Edinburgh tie-in with Big Issue Invest will be a force for social good

The University of Edinburgh has invested £1 million in a new partnership that seeks to dismantle poverty and create opportunity for people and communities across the UK. It will work with Big Issue Invest, the…

Ryan Yule & Laura Stephen

Double celebration for financial planning firm

Two members of staff at Phil Anderson Financial Services are celebrating after a double success for the firm. Ryan Yule, a senior financial planner at Phil Anderson Financial Services was recently named UK Pension Adviser…

Brian McQuade

Kier Construction Scotland turns over £150m for year end

Kier Construction Scotland, part of Kier Group plc, a UK property, residential, construction company, turned over in excess of £150m for the year to 30 June 2017. Kier Construction Scotland employs over 200 people from…

Fire Protection Group sold to French firm

French company Scutum International S.A. has bought Livingstone-based Fire Protection Group (Holdings) Limited (“FPG”). RSM’s M&A and private equity team was appointed as lead adviser for FPG to manage the sale process from marketing through…

Rory McPherson

BDO appoints new corporate finance partner in Scotland

Accountancy and business advisory firm BDO LLP has announced the appointment of a new corporate finance partner in Scotland. Rory McPherson, who joins the firm from the Royal Bank of Scotland has over 15 years…

Left to right - Adrian Innes and Stuart Lunn

LendingCrowd reaches 200 deals in August

LendingCrowd, Scotland’s only alternative finance provider to SMEs, topped 200 cumulative loan deals in August and posted a record month for the P2P lender with around £2.5 million of funds inflow and four Scottish deals…

Frank Watson

Independent Growth Finance supplies Pryme Group with £2.75m funding line

IGF, the commercial finance provider for SMEs, has delivered a £2.75m asset based lending facility to Dundee-headquartered engineering firm, Pryme Group. Pryme Group sought a flexible financier to support its growing order book and expansion…

Matt Corbin

New director of European operations at Sparrows Group

Sparrows Group has strengthened its leadership team with the appointment of Matt Corbin as its regional operations director for the UK and Europe to support the company’s continued growth in the oil and gas, renewables…

From left- Valerie Cheyne, Alfie Cheyne, Jim Milne, Bill Main

Balmoral Group invests £10m in ACE Winches

Two prominent north-east Scotland businesses are to work together to maximise global opportunities in the offshore, renewables and decommissioning markets. Multi-disciplined design, engineering and manufacturing company, Balmoral Group Holdings Ltd, has taken a substantial stake…

Lindsay Gardiner

PwC reports growth for 14th year running with revenue up 6% in Scotland

PwC, the professional services firm, has reported record revenue of £3.60bn for the year ended 30 June 2017, up 5% from £3.44bn last year, as the firm continues to invest in people, technology and its…

Dougal Sharp, founder and master brewer at Innis & Gunn

Innis & Gunn accepts £15m investment offer from luxury goods firm

99% of shareholders in craft brewer Innis & Gunn have voted to accept an offer of £15 million for a 27.9% stake in the business from L Catterton, the largest consumer-focused private equity firm in…

Catherine Burnet, senior partner at KPMG in Scotland

Scottish apprentice numbers double at KPMG

Professional services firm KPMG has doubled its intake of apprentice hires to twelve this year. An additional 60 graduates are also expected to begin this autumn, bringing the total intake figure in Scotland to 72.…

Robert Ross

RSM welcomes 20 new recruits in Scotland

Audit, tax and consulting firm RSM has appointed 20 new trainees in its Scottish offices. The new recruits are among 288 new graduates and school leavers being taken on by the firm this year, bringing…

From left - Andy Ritchie, Charlie Carnegie and Chris Horne

Campbell Dallas turnover rises 17% to £14m

Accountancy firm Campbell Dallas has reported a 7% uplift in turnover to £14m for the year end to May 2017. Managing Partner Chris Horne said that the growth was in line with expectations as the…

Ian Donaldson

Scottish companies show resurgence in R&D tax savings

Scottish companies have shown a resurgence in the amount of R&D tax relief savings being made compared to their counterparts across the rest of the UK, according to R&D tax relief specialist Jumpstart. With an…

Martin Langosch

Scott-Moncrieff appoints data analytics director

Business advisers and accountants Scott-Moncrieff has appointed Martin Langosch as data analytics director to support the firm’s audit and business technology consulting (BTC) departments. Martin joins the firm from Sopra-Steria, where he used a variety…

From left to right: Michelle McNeill (Associate), Anne Marie Renz (Tax Director), Alison Pryde (Senior Tax Manager), John McArthur (Head of Tax).

Gillespie Macandrew expands tax team

Scottish law firm Gillespie Macandrew has bolstered its Tax and Private Client team, with the recruitment of Tax Director Anne Marie Renz and Senior Tax Manager Alison Pryde. Anne Marie is a Chartered Accountant with…

Gavin Black

Scottish manufacturers upbeat despite skills gap concerns and drop in exports

Manufacturers in Scotland are optimistic about prospects for growth in the coming year, despite experiencing increasing difficulty in recruiting workers with relevant skills and a significant drop in the number of businesses currently exporting, which…

Mark McRae

Martin Aitken & Co appoint new director of business advisory and accounting

Chartered Accountants and Business Advisers Martin Aitken & Co Ltd., has appointed a Director of its Business Advisory and Accounting division, to further broaden its client portfolio service offering across the West of Scotland. Mark…

Free Daily Headline Alerts

Free headline alerts straight to your inbox every day! To receive our city or sector based email headline alerts, simply enter your email address and tick the city or sector news you would like to receive.

* indicates required
Subscribe to city headline alerts.