News



Scottish economy suffers “sharp jolt” in 2015’s opening months -BoS

The Scottish economy slowed sharply in the three months to the end of February but expectations for the next six months remain elevated at levels only slightly below their pre-crisis level, and at their seventh highest quarterly level in more than seven years.

Published 24 March 2015

Inflation hits 0 per cent record low

The UK inflation rate has fallen to a record low of 0 per cent.

Published 24 March 2015

Alliance Trust Savings celebrates £7 billion high

Alliance Trust Savings has today announced that total assets on its platform have crossed the £7 billion mark.

Published 24 March 2015

Cash sales for Scots homes over £500,000 up 20 per cent

The number of cash sales on houses worth over half a million pounds was up 19.6 per cent in 2014, according to figures from Registers of Scotland (RoS).

Published 24 March 2015

Entrepreneurial Spark opens hat-trick of new hatcheries

Edinburgh-headquartered business incubator Entrepreneurial Sparkhas opened its doors to more promising fledgling firms in another three cities.

Published 24 March 2015

FRC audit quality inspection raps Mazars

Global accountancy firm Mazars, which has undertaken a considerable expansion in Scotland over the past 12 months, and accrues the bulk of its fee income from audit and actuarial services, has been rapped by the accountancy and audit profession's watchdog, the FRC.

Published 24 March 2015

Scottish households saving millions by switching electricity supplier

Around 140,000 households in Scotland saved £9.8 million in the last six months by changing electricity supplier, according to new figures.

Published 24 March 2015

Maven-managed fund provides £250,000 follow-on support to telemarketing experts

The Greater Manchester Loan Fund(GMLF), managed by Aberdeen-based Maven Capital Partners has today announced a £250,000 follow-on investment in outsource contact provider Intelling Limited.

Published 24 March 2015

Business Briefs - 23rd March

The FTSE 100 Index climbed above the 7,000 mark on Friday for the first time in its history.

Published 24 March 2015

Investors take up positions as Elliott Advisors hits back at 'out of touch' Alliance Trust

Elliott Advisors, the US hedge fund group agitating for board changes at Alliance Trust has rebutted claims from the Dundee-based firm that its intentions are a threat to the company’s very existence.

Published 23 March 2015

RBS announces next phase of Citizens sell-off

The Royal Bank of Scotland has announced that it intends to sell part of its shareholding in its American subsidiary Citizens in an underwritten public follow-on offering.

Published 23 March 2015

KPMG reshuffles top team in Scotland

KPMG has made a number of senior external appointments across its Scottish offices.

Published 23 March 2015

UK unsecured debt to hit nearly £10,000 per household next year -PwC

Scots are increasingly more confident about their ability to repay debts according to PwC’s latest report on the consumer credit industry.

Published 23 March 2015

MPs cite flaws in insolvency process in wake of City Link collapse

Flaws in the insolvency system have been exposed by the collapse of delivery firm City Link, according to two groups of MPs.

Published 23 March 2015

GIB backs plans for £100m Scottish waste recycling plant but meets protestor resistance

The Edinburgh-based Green Investment Bank (GIB) has announced plans to co-fund a £111 million recycling and waste-to-energy plant in South Lanarkshire despite protests from environmental campaigners.

Published 23 March 2015