Finance
Söderberg & Partners enters Scotland, backing Murphy Wealth
Published 3 months ago
Glasgow-based financial planning firm Murphy Wealth has secured a significant investment from European wealth management giant Söderberg & Partners, marking the latter’s first partnership in Scotland.
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Deloitte: UK CFOs adopt defensive stance amidst rising costs and trade uncertainty
Published 3 months ago
Chief Financial Officers (CFOs) of the UK’s largest companies are increasingly adopting defensive business strategies, reaching levels not seen since the early stages of the pandemic, according to Deloitte.
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Forvis Mazars UK revenue hits £362.4m in 15th year of growth
Published 3 months ago
Forvis Mazars has reported its fifteenth consecutive year of growth in the UK, recording revenue of £362.4 million – an increase of 8.3% – for the year ending 31 August 2024.
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AAB Wealth acquires Magus, taking assets to £1.8bn
Published 3 months ago
Scotland-founded AAB Group’s financial planning division, AAB Wealth, has acquired prominent London-based firm Magus Wealth as part of its ongoing strategic growth.
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Edinburgh lender advances £15.5m for Fulham Town Hall project
Published 3 months ago
Edinburgh-based Unbranded Finance, the UK-based non-bank real estate lender, has advanced a new £15.5 million senior loan facility to Ziser London to assist with delivering the developer’s flagship redevelopment of the former Fulham Town Hall, located directly opposite Fulham Broadway station in London.
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BDO: Salaries frozen and pay rises delayed ahead of employers’ NIC rise
Published 3 months ago
Salaries have been frozen and pay rises have been delayed ahead of the rise in employers’ National Insurance Contributions (NIC), which came into force on Sunday, a new survey has found.
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Consilium serves up advice to PJs Foods shareholders in sale to Tiffin Sandwiches
Published 3 months ago
Consilium Chartered Accountants has provided full lead advisory services to PJs Foods Limited in its sale to Tiffin Sandwiches.
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McLaren Insolvency appointed as Coatbridge decorating firm Orr closes after 40 years
Published 3 months ago
Gordon McIntyre and George Lafferty, insolvency practitioners with McLaren Insolvency, have been appointed joint provisional liquidators of Andrew P Orr (Decorators) Limited.
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New Dundee office for Johnston Carmichael as workforce hits 50
Published 3 months ago
Johnston Carmichael has relocated its Dundee operations to a larger office to accommodate significant growth and facilitate plans to double its local workforce.
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Martin Aitken team joins Armstrong Watson in strategic Glasgow merger
Published 3 months ago
Accountancy firm Armstrong Watson has significantly expanded its Glasgow operations through a merger with local firm Martin Aitken.
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KPMG: US tariffs on UK exports could see GDP growth fall to 0.8% in 2025 and 2026
Published 3 months ago
US President Donald Trump’s proposed tariffs could cost the UK economy nearly £22 billion over the next two years, according to analysis by KPMG.
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BK Plus acquires four Scottish accountancy firms in major expansion
Published 3 months ago
Accountancy firm BK Plus has significantly expanded its Scottish operations by acquiring four established practices – Walton Kilgour (Perth and Pitlochry), Ian MacFarlane Ltd (Falkirk), JC Wallace (Glasgow), and Bird Simpson (Dundee).
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PRA proposes raising FSCS deposit protection limit to £110,000
Published 3 months ago
The Prudential Regulation Authority (PRA) has proposed to raise the deposit protection limit of the Financial Services Compensation Scheme (FSCS) from £85,000 to £110,000.
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Edinburgh land deal provides uplift for Murray Capital following £1.7m loss
Published 3 months ago
Murray Capital Holdings, the investment business of the Murray family, has announced its financial results for the year ending 30 June 2024, revealing a challenging period particularly impacted by the steel sector.
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Highland screen industry attracts over £3.5m growth in direct film spend
Published 3 months ago
Continuing with the trend over the past few years, Highland has seen the highest ever direct spend recorded for filming in The Highland Council region.
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