News

Liz Cameron Inflation in the UK has reached a two-and-a-half year high, primarily driven by the rising price of fuel.

A return of optimism amongst both buyers and sells in the Aberdeen property market has been reported by major estate agent, despite the political uncertainties and market pressures witnessed throughout 2016.

Ian Donaldson Edinburgh-based tax specialist Jumpstart has urged firms in Scotland to seize the opportunities arising from decommissioning in the North Sea.

Toby Withall By Toby Withall, Office Agency Partner, Knight Frank Edinburgh

Legal firm Pinsent Masons has joined with the British Banking Association to clear hurdles to the banking industry’s widespread adoption of cloud technology.

The average price of a house in Scotland in December 2016 was £141,553 – an increase of 3.5 per cent on the previous year and a decrease of 0.2 per cent when compared to the previous month, according to the latest figures from Registers of Scotland.

Edinburgh-based global asset manager Standard Life Investments has teamed up with Challenger, a leader in retirement incomes in Australia to launch a new Global Bond product aimed at the retail retirement market.

The aggregate total wealth of private households in Scotland has increased to £856.6 billion but the wealthiest 1 per cent of Scots now own more wealth than the bottom 50 per cent of households combined.

The beleaguered Co-op Bank has put itself put up for sale four years after it almost collapsed and was bailed out by US hedge funds.

The pension scheme which controls the pension pots of thousands of professors and lecturers has provisionally agreed to buy a minority stake in the Edinburgh-based Green Investment Bank alongside Australian investor Macquarie, according to reports.

Jamie Andrew Scottish Borders-based angel investment group TRI Capital has appointed Jamie Andrew following the retirement of long-standing Chairman Rob Dick.

Members of Parliament believe accountants will be increasingly in demand during the Brexit process, according to a new study commissioned by Association of Accounting Technicians (AAT) and the Association of Chartered Certified Accountants (ACCA).

The town centre vacancy rate for Scotland was 9.0 per cent in January 2017, a short drop from the rate of 9.2 per cent in October 2016, according to latest figures from the Scottish Retail Consortium.

PwC in Scotland has announced an enhanced structure for its deals line of service with corporate finance partner Jon Shelley and director Mark Addley joining the leadership team, and Jason Morris taking on the senior role of Scottish deals leader.

Martin Gill Mid-sized businesses have created nearly 80,000 jobs in Scotland over the last five years outstripping the job growth of the country’s large and small businesses, according to new research from accountancy and advisory firm BDO.