The lifestyle impact of lockdown as a result of the Covid-19 pandemic has led Glasgow-headquartered Cairn Estate and Letting Agency to embark on an ambitious expansion strategy with the aim of doubling both its turnover and property portfolio within five years via acquisition. Last month the firm acquired Stephen McIntyre Letting in Portobello, Edinburgh, following […]
ESTATE AGENTS AIM TO DOUBLE TURNOVER IN WAKE OF LOCKDOWN Read More »
The chief executive at Ovo Energy has been asked by MPs and unions to explain £40m of loans and cash transfers, after cutting hundreds of Scots jobs. Stephen Fitzpatrick’s company was given £17m in furlough payments after taking over SSE’s retail division in January 2020. The Perth-headquartered business employs around 700 people, with bases in
OVO CEO ASKED TO EXPLAIN £40 MILLION PAYMENTS FOLLOWING JOB CUTS Read More »
The rising cost of living is having a detrimental impact on savings across Scotland, according to a new report by Accenture. The survey of 184 adults in Scotland found that almost two-thirds of respondents (65%) said the rising cost of living had impacted their ability to save money, while over a third (34%) have not
TWO THIRDS OF ADULTS IN SCOTLAND STRUGGLING WITH RISING LIVING COST Read More »
The UK’s most experienced business coaches advise businesses that they must take steps now to maximise the economic recovery predicted post-pandemic. Fergus King (pictured above), Partner of Shirlaws Group, is the keynote speaker at the first two of a brand new series of four Dundee and Angus College events hosted by the Business Partnerships Team.
BUSINESS URGED TO PREPARE FOR A PERIOD OF GROWTH Read More »
The Scottish office of Audit and tax consulting firm RSM has advised on more than 30 deals last year, with a combined value of more than £400 million. The firm claim this is a 75% increase compared to 2020. The Scottish team advised Oaktree Capital on its $140m acquisition of Sanlam Wealth. Angela Toner, transactions
RSM Scotland Advised on Record Deals in 2021 Read More »
Edinburgh-based angel syndicate, Equity Gap, has reached a £25m investment following its most successful year to date. Leveraging additional funding of over £100m for investee companies since its launch, these investments have helped create over 500 high quality jobs in Scotland, worth around £20m each year to the economy. As it stands 37 companies make
EQUITY GAP HITS MILESTONE INVESTMENT Read More »
Edinburgh-based angel syndicate, Equity Gap, has reached a £25m investment following its most successful year to date. Leveraging additional funding of over £100m for investee companies since its launch, these investments have helped create over 500 high quality jobs in Scotland, worth around £20m each year to the economy. As it stands 37 companies make
EQUITY GAP HITS MILESTONE INVESTMENT Read More »
The Insolvency Service has been granted new powers to tackle unfit directors who dissolve companies to avoid paying their liabilities. The new legislation extends the Insolvency Service’s powers, on behalf of the Business Secretary, to investigate and disqualify company directors who abuse the company dissolution process. The Rating (Coronavirus) and Directors Disqualification (Dissolved Companies) Act
TOUGH NEW POWERS TO TACKLE COVID CONMEN Read More »
A teachers’ union is calling for a delay in reopening schools after the Christmas holiday because of the rapid spread of Omicron. The Scottish Secondary Teachers Association (SSTA) says there are already staffing issues and the problem is likely to get worse. However, the Scottish government has insisted there are currently no plans to close
UNION WARNS OF COVID CHAOS IN SCHOOLS Read More »
Plans to raise the state pension age from 66 should be shelved because we are not living as long as previously expected, a new report has suggested. Current plans would see the age at which people are eligible for the state pension go up to 67 by 2028, and then eventually to 68. Consultant LCP
LIFE EXPECTANCY IS LOWER THAN EXPECTED Read More »
