News

Matt Callaghan Independent specialist cycling retailer Evans Cycles has been sold to three companies, all of which are ultimately owned by Sports Direct International PLC, immediately following the appointment of administrators from PwC.

An Aberdeen-based accounting firm has added a second branch to its portfolio to meet customer demand thanks to a six-figure funding package from Royal Bank of Scotland.

House prices in Aberdeen and its suburbs remained unchanged in the third quarter of this year, a new report shows.

Scotland will benefit from nearly £1 billion in additional funding for the Scottish Government, as well as £150 million for a Tay Cities Deal and a freeze in Spirits Duty, the Chancellor of the Exchequer Philiip Hammond claimed as he announced his Budget yesterday.

Construction firms in Scotland have grown at a slower rate than those south of the border over the past three years, according to new report from accountancy firm Henderson Loggie.

Lucy O’carroll Standard Life Aberdeen’s chief economist (SLA) is to leave the Edinburgh-based financial giant after 13 years to take up a newly created role at the new the new Scottish Exchequer at the Scottish Government.

(L-R) Professor Richard Williams – Heriot-Watt , Saskia Goeres – School of Art, Emanuel Chibudike Eke - Robert Gordon University, Laura Emily Veitch – Strathclyde University, Gillian Martin MSP, Ivan McKee MSP, Drew Murray – University of Aberdeen, Ross McIntosh – Glasgow School of art, Fi

Alasdair Ronald Investors have long debated the effect that the shorter days and cold weather have on markets and now new analysis from wealth manager Brewin Dolphin has suggested that it tends to be a positive time for share indices.

Lawyers behind the British class action against National Australia Bank and its former subsidiary, Glasgow-based Clydesdale & Yorkshire Bank have announced the recruitment of up to 550 new claimants to the lawsuit, in a bid to inject fresh momentum into the long-running campaign.

Matt Strachan Thorntons Investments’ AIM IHT Portfolio Service has been shortlisted for three major industry awards.

Middle-class Scots are on course to pay at least £1,000 more income tax next year than if they lived south of the border, following Chancellor of the Exchequer Philip Hammond’s decision to bring forward tax cuts in the rest of the UK.

Eileen Blackburn HMRC will be made a preferred creditor in insolvencies, Chancellor Philip Hammond announced in his budget yesterday, but the decision could lead to an increase in corporate failure numbers, according to a leading Scottish insolvency practitioner.

Sue Dawe EY has increased revenue by 2.7 per cent in the UK and by 5 per cent in Scotland during a financial year ending 30 June that also saw total UK fee income rise from £2.35 billion to £2.41 billion with a five year compound annual growth rate of 7 per cent.

Ireland has emerged as the favoured location for London-based insurance market players wanting to secure access to EU customers after the UK leaves the EU, according to the latest London Company Market Statistics Report published by the International Underwriting Association of London (IUAL).

Lloyds Banking Group is to pay up to £150 million to female pensioners following after the high court ruled the bank should equalise pension payments for men and women.