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Thursday, August 31st, 2017

 

£2bn merger called off

Rathbones pulls out of Smith & Williamson deal

Jim Pettigrew

A £2 billion merger of two wealth managers has been called off…


Three year post

Dame Anne Glover elected to RSE presidency

Dame Anne Glover

The Royal Society of Edinburgh has elected Professor Dame Anne Glover DBE, FRS, FRSE  as its next president.


New commercial director

MacDonald to push Brewgooder across UK

Brewgooder

Brewgooder has appointed a commercial director to push its growth across the UK..


Insults exchanged in council chamber

Tensions rise over former Royal High hotel plan

Royal high school

Heritage bodies and the backers of plans for a six-star hotel swapped insults in a heated presentation to Edinburgh councillors…


Deal unveiled for Edinburgh firm

Ballantynes acquires letting agent Ream

Ballantynes

Ballantynes has acquired Edinburgh letting agent Ream…


Funding to unlock £270m

Sturgeon unveils £45m boost for business research

Sturgeon defiant

Nicola Sturgeon today unveiled a £45 million boost for business research as part of..


Cash flow blamed

99 jobs lost at Scottish Electric Group

Liquidators moved in to shut down a Dundee company with the loss of 99 jobs. Donald McNaught of accountancy and business advisory firm Johnston Carmichael has been appointed as provisional liquidator of Vasanat International Ltd trading as Scottish Electric Group. The business offered a range of professional electrical services and employed 99 staff, all of whom will be made redundant.  The company was placed in provisional liquidation on 29 August.  Mr McNaught, restructuring partner at Johnston Carmichael, said the business had faced prolonged cash flow pressure which, despite the effortsRead More


Deal follows collapse of DX takeover

Menzies Distribution acquires Gnewt Cargo

Menzies Distribution

Logistics company Menzies Distribution has acquired London-based Gnewt Cargo, ..


Deal part of £50m plan

Grangemouth pellet plant Verdo sold to biomass firm

An international provider of off grid energy generation has bought the Verdo pellet plant in Grangemouth…


New insurance role

Forrester makes switch from SLI to Aviva

Iain Forrester

Aviva Investors has appointed Iain Forrester from Standard Life Investments as head of insurance investment strategy, in its Global Investment Solutions business. In this new role he will focus on building outcome-oriented investment strategies for global insurance companies, with responsibility across all areas of solutions design, management and client delivery. Based in London, he spent two and a half years as an investment director in Standard Life Investments’ insurance solutions team, with responsibility for developing investment propositions for global insurance clients. Prior to this, he was head of ALM & capitalRead More