News

A continuing appetite by lenders and investors to invest in social housing in Scotland is the main finding of a report published today by the Scottish Housing Regulator.

Industry trade body the Scottish Building Federation has voiced concerns about the future outlook for the Scottish construction industry as latest figures show employment in the sector fell by 5,000 in the third quarter of the year and output has dropped by £1.5 billion year-on-year.

Buccleuch Property has sold the iconic 55 Degrees North building in Newcastle upon Tyne. The mixed use property, comprising 165 apartments, two floors of commercial offices, a restaurant and bar, has been purchased by GVA on behalf of a private client at a price reflecting a net initial yield of 8.5

Anderson Anderson & Brown (AAB) has secured a £4 million funding package from Barclays to support the firm as it seeks to expand its national and international footprint.

Plans to launch a Scottish stock exchange next year have moved forward after the company behind the project, Bourse Scot Ltd, agreed a partnership with an established European stock market operator. Under a partnership with Euronext, one of the world's largest stock exchange operators, the proposed

Insurance consultancy firm Mactavish has warned that many in-house legal counsel are overlooking the insurance requirements and risks facing their employers, wrongly believing this is the responsibility of their colleagues in the finance or risk departments. Mactavish's data sugg

A luxury holiday lodge and bistro resort in Carse of Gowrie is set to expand after securing a £1 million finance package from HSBC.

Barclays has become the first UK high street bank to allow customers to "turn off" spending with certain types of retailers. The new feature in the Barclays mobile banking app has been designed with vulnerable customers in mind, particularly those with mental health issues, addictions, and those who

A recruitment firm has warned that Brexit uncertainty is taking a "considerable bite" out of banking jobs in the UK, The Scotsman reports. Morgan McKinley said the number of jobs available in November 2018 fell by 39 per cent on the same month last year, and by four per cent on the previous month.

Stephen Oates, tax director at French Duncan, warns that business owners should take care that they don't make employees liable for additional tax and National Insurance by giving gifts at Christmas. HMRC has decided to make gifting as complex and thankless as possible to ensure that, regardless of

Negotiations are underway between BDO and Rangers FC Group to resolve an £18 million claim on the collapsed RFC 2012 plc, The Herald reports. Liquidators BDO are trying to prevent the matter returning to court by holding discussions with representatives of Rangers FC Group, who argue that they

Two nuns who embezzled nearly £400,000 from a Catholic school to gamble in Las Vegas have apologised for their actions.

The UK government has announced new measures aimed at preventing criminals abusing Scottish Limited Partnerships (SLPs) to launder dirty money. Business Minister Kelly Tolhurst said the package of transparency and anti-corruption measures would ensure that Scottish Limited Partnerships "can still be

Business advisory firm RSM UK has announced the appointment of Connor Agnew and Fiona Duncan as directors in its Edinburgh and Glasgow offices. Mr Agnew, who will now lead RSM's M&A and private equity team in Scotland, joined RSM in 2008 and qualified as a Chartered Accountant with the firm. Bef

Partners at Grant Thornton saw their average distributable profit fall by eight per cent to £373,000 in the year ending June 2018, new figures reveal. Year-on-year revenues at the business and financial advisory firm fell by 1.8 per cent to £491 million, with post-tax profits of £7