News

Welcome to the latest round-up of activity from the last four weeks in Scotland’s dynamic commercial property sector. For sponsor or advertising opportunities contact Jeff Anderson on 01292 479 443 or email jeff@scottishnews.com.  

In a further sign that low interest rates are the new normal, Virgin Money has expanded its mortgage proposition by launching a new range of long term fixed rate residential and buy-to-let products, offering borrowers interest rate certainty for up to 15 years. The new products come with the same fl

UK digital challenger bank Monzo has warned that 480,000 of its customers' bank card PINs were accidentally stored in plain text in log files recording user interactions with two of its mobile app features. The log files themselves were encrypted and Monzo says that no one outside the company had ac

The UK new car market declined again in July, with 157,198 vehicles leaving showrooms, according to figures released by the Society of Motor Manufacturers and Traders (SMMT).

Uncertainty around Brexit has resulted in performers at the Edinburgh International Festival to ask for their fees to be paid in euros or US dollars instead of sterling, the event’s director has said.

The Scottish Government has today announced the appointment of Alliance Trust chairman Lord Smith of Kelvin as chair of the board of Scottish Enterprise. One of the UK’s most experienced Chairs, having led organisations in the private, public and voluntary sectors, Lord Smith of Kelv

Still more than 60 per cent state-owned Royal Bank of Scotland (RBS) is handing the Treasury around £1bn in dividend payouts following a surge in profits, according to the lender’s first half results out today. They showed a special award of 12p-per share was being handed to investors, o

Anderson Anderson Brown (AAB) has announced the appointment of Philip McGrath as corporate finance manager in their specialist equity funding team. The accountancy firm said Mr McGrath brings significant experience supporting clients in raising Seed and Series A funding rounds across a wide ran

East kilbride-based Goals Soccer Centres, which runs outdoor football centres in the UK, has said the "improper behaviour" in the preparation of its financial accounts stretches back "at least" to 2010.

The newly-opened hotel at Hamilton Park Racecourse has marked a milestone for Allied Irish Bank (GB)’s hotels and leisure team as they clocked up £55 million of investment in Scotland’s tourism sector in the past 12 months. The £10 million Hampton by Hilton at Hamilton P

Scottish Chartered Accountants Wylie & Bisset say that current government taxation policy leaves GPs and hospital consultants confronting a moral dilemma: whether to assist Out Of Hours (OOH) departments and waiting list initiatives or to avoid increased tax charges. This week&nbs

Scotland’s Fintech Festival will welcome guests from around the world with its focus on "new financial innovation and inclusive collaboration opportunities" when it takes place over three weeks in September (between the 9th and the 27th) celebrating the nation’s thriving fintech co

Rodney Whyte, partner and specialist in residential land development at Pinsent Masons, looks at how Scots law is holding back "later living" developments  

Insurance risk and commercial law specialist BLM has marked the beginning of its new financial year with 55 promotions across the UK, including two promotions in Scotland. Kirsty Yuill has been promoted to partner and Kirsteen Picken has been promoted to associate.

Office take-up in Aberdeen showed significant improvement in the second quarter, with a rise to 106,579 sq ft from 36,898 sq ft in Q1 2019, according to CBRE research. There was a total of 19 transactions, bringing the total take-up for H1 2019 to 143,477 sq ft – 20 per cent short of