News



March activity down slightly, but new work rises - Bank of Scotland PMI

Activity levels in Scotland’s private sector economy were marginally lower during last month as fractional growth in manufacturing output was offset by a slight decline in service sector activity.

Published 13 April 2015

Business Briefs - 10 April

Deutsche Bank is set to be hit with a fine worth more than $1.5bn(£1.02bn) in what would be the biggest penalty imposed for manipulating Libor.

Published 10 April 2015

Burness Paull on course for 15 per cent increase in turnover and profits

Burness Paull’s chairman said the firm is due to see turnover and profits rise by 15 per cent in the year to July 31 with all parts of the business performing well.

Published 10 April 2015

Scottish builders remain bullish as ONS reveals slight dip in construction output

The Scottish construction sector has no need to be concerned despite a fall in construction output, according to an industry professional.

Published 10 April 2015

Maven announces £13.75m Welsh capital hotel deal

Glasgow-based investment house Maven Capital Partners has announced the completion of a £13.75m deal to buy an empty 6,000m2 office building in Cardiff city-centre for conversion into a 100-bedroom Hotel Indigo, the boutique brand of InterContinental Hotels Group.

Published 10 April 2015

Scottish household’s £400 better off than before crisis

A new study has revealed that the average Scottish household income is more than £400 higher than before the recession kicked off by the 2007-08 economic crisis.

Published 10 April 2015

Global firm Arup takes entire floor at 1 West Regent Street

One of the world’s largest professional services firms, Arup Group, has been confirmed as the latest office occupier of 1 West Regent Street, the new Grade A office development located in the centre of Glasgow.

Published 10 April 2015

Scottish hotel revenue and occupancy wavered in January -BDO

Scottish hotel revenue and occupancy wavered in January according to the latest report on the sector from accountants BDO.

Published 10 April 2015

AAB announces quartet of senior appointments

Aberdeen-based accountants Anderson Anderson Brown has announced the promotion of four members of their management team to senior positions.

Published 10 April 2015

Baker Tilly strengthens Scottish restructuring and recovery practice with Begbies Traynor trio

Baker Tilly has strengthened its restructuring and recovery practice in Scotland with three senior hires poached from Begbies Traynor.

Published 9 April 2015

Stripped back Co-op returns to annual profit

The Co-operative has today posted a profit of £124m for 2014, marking a remarkable turnaround for the Group which suffered a £255m loss in 2013.

Published 9 April 2015

Business Briefs - 9 April

The Bank of England has announced that UK interest rates are to remain at 0.5 per cent, more than six years after the record low was introduced.

Published 9 April 2015

15 per cent of Scots borrowed money to buy food last month

One in seven Scots say they borrowed money last month to buy food, according to research carried out on behalf of debt advice and solutions provider Debt Advisory Centre Scotland (DACS).

Published 9 April 2015

Aberdeen University capital projects ‘paused’ in cost cutting bid

The University of Aberdeen has put a number of major projects at the campus on hold as part of plans to reduce its budget by £10.5 million.

Published 9 April 2015