News

View of Pacific Drive from across the Canting Basin Drum Property Group has progressed its development plans for a Pacific Quay waterfront site with the submission of a major planning application to Glasgow City Council.

Fewer than half of Royal Bank of Scotland's customers would recommend its customer service to friends and family, according to rankings published for the first time.

The average price of a property in Scotland in June 2018 was £150,472 – an increase of 4.8 per cent on June in the previous year and an increase of 0.8 per cent when compared to the previous month.

The annual High Pay Centre/CIPD assessment of FTSE 100 CEO pay packages has found that CEO median pay rose by 11 per cent between 2016 and 2017, despite prominent criticism from the investor community and the Government over excessive CEO pay awards in the past year.

The latest UK inflation figures for October show that consumer price inflation (CPI) has increased from 2.4 per cent in June to 2.5 per cent in July 2018.

Derek Mackay The latest Quarterly National Accounts for Scotland have brought welcome news, with Scotland’s GDP revised to higher levels from the initial estimate provided in June 2018.

Regional REIT, the UK regional office and industrial property focused real estate investment trust, has exchanged and completed the sale of multi-let industrial estate Wardpark in Cumbernauld.

Ross McEwan Royal Bank of Scotland has announced that it has reached a final settlement with the US Department of Justice to resolve its investigation into RBS's misconduct over the way the bank sold mortgage-backed securities, or loans packaged up into bonds and sold to investors, between 2005 and

Scottish retail sales increased by 0.1 per cent on a like-for-like basis last month, compared to July last year, when they had increased by 1.3 per cent.

Glasgow-based football team Rangers have launched an initiative to bolster the club’s finances by raising up to £12 million via a share issue.

Martin Gill A decade since the crash and after numerous mergers, Scotland's law firms have emerged fighting fit – posting strong results for the latest financial year.

Mike Dailly Mike Dailly, Govan Law Centre's solicitor advocate, has been appointed as a non-executive director to the board of the Single Financial Guidance Body (SFGB), With the agreement of the minister for pensions and financial inclusion. He will take up the post in October 2018.

Scotland's unemployment rate dipped slightly to 4.2 per cent in the three months between April and June, according to the Office for National Statistics.

Buccleuch Property, with agents Galbraith acting on their behalf, has concluded the successful sale of 123 to 145 North Street Glasgow to Sydney and London Properties for a price of £2.9 million, reflecting a net initial yield of 6.67 per cent.

Blair Nimmo Blair Nimmo and Alistair McAlinden of KPMG have been appointed as joint administrators of Rippin Limited, the Cowdenbeath-based structural steel fabricator operating across Scotland and the north of England.