News

Last month saw the rate of mortgage lending by UK high street banks hit its lowest level in four years, even though the value of loans is rising, according to latest data released today by UK Finance. The total number of mortgages approved in December fell to 73,029 on a seasonally adjusted basis, t

Around 70,000 fewer people are now employed in UK shops than just a year ago as a result of the decline of the UK High Street, a British Retail Consortium survey has revealed.

Scottish Borders Council (SBC) will next week consider a report on the final business case for the Borders Innovation Park ahead of its submission to access £15 million of funding. The Borders Innovation Park at Tweedbank will help deliver much needed high quality business space in the ar

A new initiative which will see the City of Edinburgh Council buy tenement flats from owners and rent them back to ensure essential repairs are carried out are to be progressed. Under the proposals, the local authority would offer to purchase the former council properties, with their owner

The Premier League and its clubs supported close to 100,000 jobs as well as contributing £7.6 billion to UK Gross Domestic Product last year, new data from EY has revealed today.

PwC says it is embarking on a significant expansion of its Scottish operations with more than 100 staff expected to be recruited over the next six months, representing a 15 per cent boost in overall headcount. The professional services firm, which currently has around 900 staff across

The Court of Session has overturned a decision by Scottish Ministers to refuse planning permission for a 600-home development proposed by a major Scottish diary business at Airthrey Kerse in Bridge of Allan. Graham’s The Family Dairy, in partnership with Mactaggart & Mickel

The Dutch government has disclosed that it is in discussions with more than 250 UK companies about moving to the Netherlands to escape the fallout from Brexit.

A new strategic partnership will see the Law Society of Scotland work even more closely with Edinburgh-based technology company, Amiqus Resolution, as they develop and deliver software products to support law firms across Scotland. Amiqus has been a Law Society of Scotland-approved supplier for two

An unprecedented 82,791 UK homeowners released equity from their property wealth during 2018, according to year-end market figures from sector trade body the Equity Release Council.

Total new orders growth picked up in the three months to January, according to the latest Industrial Trends Survey for Scotland, with export and domestic orders both strengthening following declines in the previous quarter. But looking ahead, total new orders are expected to fall in the next th

Lloyds Bank is aiming to save £750 million annually on tech spending as it eyes a move to a new core banking platform. The Financial Times has reported that the new entity will be based on startup Thought Machine, which Lloyds paid £11 million for a 10 per cent stake in November, followi

Scotland’s largest non-domestic water supplier, Business Stream, has bought the customer base of its competitors Yorkshire Water Business Services  (YWBS) and Three-Sixty, both part of the Kelda Group, doubling its market share and cementing its position as one of the top three retai

During Q4 2018, growth in workloads within the Scottish commercial and industrial segments declined with a net balance of -14 and -7 per cent of respondents reporting a drop in activity, respectively, according to the results of the Q4 2018 RICS Construction and Infrastructure Market Survey. However

Edinburgh has been ranked as the UK city with the best prospects for economic growth in 2019, reflecting significant and increasing demand for residential and commercial property in the city and strong forecasted job growth.