News

Scotland’s three largest councils could collectively save over £1 billion by re-financing controversial high interest ‘Lobo’ loans, after one high street bank, Royal Bank of Scotland, indicated it is “open to discussions” about loan re-financing after agreeing to

Firms with fewer than 50 employees sustain up to seven in ten private sector jobs in parts of Scotland, according to figures compiled by the Federation of Small Businesses (FSB) ahead Small Business Saturday this weekend.

Bruce Wood of Morton Fraser assess the implications for Scotland of the reinstatement of the "Crown Preference" in all insolvency processes  

Edinburgh-based global asset manager Aberdeen Standard Investments (ASI) has released its first major study from the Aberdeen Standard Investments Research Institute. The research, entitled Social Capitalism: Taking a wider view of national progress, presents a new way of compari

Work to deliver a new distillery in Leith is set to begin next year after a group of private investors committed £10 million to the project.

Scottish commercial real estate achieved a total return of 1.7 per cent in the third quarter of 2018, according to new data released by property consultant CBRE. This is a rebound from the 1.4 per cent realised in the second quarter, and a return to the same rate of return achieved in Q1.

Legal & General has agreed to fund the development of new high-quality student accommodation block to a top Scottish university. Lincam Pentland Ltd, a subsidiary of Edinburgh housebuilder S1 Developments Limited, has completed the sale of the proposed new 315 room (359 bed) student re

Premium spirits company Edrington has announced the sale of its Cutty Sark whisky brand to French spirits group La Martiniquaise-Bardinet. The completion of the transfer to La Martiniquaise-Bardinet is expected within a month.

Aberdeen-based accountancy firm Anderson Anderson & Brown LLP (AAB) has announced that it is to be a corporate sponsor of Sleep in the Park, a nationwide sleep out organised by social enterprise Social Bite, aimed at ending homelessness in Scotland for good. This year’s event is

By Emma MacArthur, Manager at Scott-Moncrieff  

David Duffy David Duffy, chief executive of Clydesdale Bank owner CYBG, suffered a fall in his overall pay on the back of the £164 million loss the lender disclosed last week.

UK bank IT failures have more than doubled over the past year, according to new data compiled by the Financial Conduct Authority.

Edinburgh’s Poverty Commission met for the first time this week and named nine commissioners, which included a senior figure at Standard Life Aberdeen, and one commission advisor to define the long-term responses needed to significantly reduce poverty in Edinburgh.

Eileen Blackburn The number of retailers in Scotland going bust in 2018 is set to be the highest in five years, according to new analysis of the sector by leading accountants and business advisers French Duncan.

Barclays has today launched #FarmtheFuture, a nationwide campaign encouraging farmers to plan for their future and tell young people about the benefits of a career in agriculture, as new data reveals that Britain’s farming population is ageing rapidly.