News

Royal Bank of Scotland is expected to announce more job cuts with around 450 posts going in its services and support divisions as it refocuses its UK operations, the Financial Times has reported. The cost-cutting measures will see some jobs relocated to India and follow on from the 600 job cuts anno

Blair Nimmo KPMG, administrators of McEwens of Perth, the venerable independent fashion store chain with premises in Oban, Ballater and Perth, have revealed that unsecured creditors have lost up to £2.875 million following the collapse of the company.

Tim Lord QC It's back to court this week for the busy lawyers at RBS who are denying allegations that board members knew of Libor problems while the bank was still selling Libor-related products - namely the now notorious interest rate swaps.

Well known Glenrothes accountant Peter Southcott, a partner with EQ Accountants, has been elected President of Fife Chamber of Commerce. Members of the business support organisation elected Mr Southcott as president at the group’s AGM at the Bay Hotel in Kinghorn last week.

KPMG has been appointed joint administrator at Aberdeen engineering firm Enterprise Engineering Services Limited where 58 staff have been made redundant after the continued low oil price saw turnover fall from £23 million in 2014 to £17 million in 2015. KPMG, which has been appointed joint adminis

The average house price in Scotland’s seaside towns has grown by £348 per month since 2005, according to new data. The latest Seaside Towns Review from the Bank of Scotland found that over the past decade, the average price has grown by 39 per cent, from £108,449 to £150,210 – exceeding the 3

Michelle Sutherland Michelle Sutherland, a legal director specialised in Employment law at Macroberts, writes about the recent introduction of The Enterprise Act 2016, examining the main aims, the controversy attracted by some of its provisions and whether there is scope for further regulations to b

The Church of Scotland is considering the sale of land historically used to graze animals but which now brings back little or no return.

Stewart Ritchie Independent chartered surveyor DM Hall has appointed Stewart Ritchie as its compliance support and development manager.

Picture courtesy of Tumblr user Brooke West An Italian court has acquitted a man accused of falling behind in child support payments after he decided to pay in pizzas instead of euros.

Annual rent rises in Scotland are at a three-year low, although Edinburgh is bucking the trend with record price increases, the latest Scotland Buy-to-Let Index from Your Move has found. Average residential rents in Scotland have climbed 0.6 per cent in the twelve months to April 2016, in the slowes

Asset-rich North Sea businesses are turning to alternative methods of funding ongoing operations as conditions in the region continue to prove challenging, according to lawyers at HBJ Gateley. The development comes as the UK government revealed that it has incurred a loss from North Sea oil and gas

Airdrie Savings Bank, Scotland’s only independent, mutual bank, has produced a twist on the cashback mortgage idea allowing employees, trustees and volunteers of thousands of Scotland’s third sector organisations and social enterprises benefit by £250. Many banks offer cashback to borrowers as

Major changes to the tenancy laws in Scotland will give more security to tenants, but also produce hazards for landlords, write Lucy Harington and Louise McAlister from the Commercial Dispute Resolution Team at TLT LLP.

Cat MacLean Cat MacLean, a partner at MBM Commericial, about achieving cultural change in the banking sector and understanding how a new financial system could work.