News

Almost three quarters of Scottish mid-sized firms are in favour of staying in Europe and say leaving would make it harder to run a successful business, according to new figures published today by accountancy and advisory firm, BDO. Following the Prime Minister’s negotiation with the European Counc

Bank of Scotland has declared tomorrow 'Mortgage Freedom' day in Scotland – with March 12 being the day in which new borrowers will have earned enough to cover the annual cost of their mortgage repayments. This is 10 days earlier than last year (22 March), with the shift reflecting the falling cos

Carol Flockhart Edinburgh accountancy firm Chiene + Tait has announced the promotion of Carol Flockhart to managing partner, the first female managing partner in the firm’s 130-year history.

New Regional Export Partnerships sharing trade objectives and a tripling of the number of exporting advisors are among plans announced today to boost trade. The ‘Global Scotland Trade and Investment Strategy 2016-2021’ renews the Government’s and enterprise agencies’ focus on attracting inwa

A bumper £4bn profits haul and special dividend payout from insurance giant Prudential has buoyed London’s top flight index. The market value of the UK’s biggest insurer, which employs 1,300 staff at its Stirling hub, climbed nearly 3 per cent, or 38.5p, to £13.65 after it shrugged off global

New figures show that Scotland is continuing to make progress in reducing the number of employees on zero hours contracts. The Office for National Statistics' report, Contracts with No Guaranteed Hours: Autumn 2015, shows that during the fourth quarter of 2015 Scotland had the lowest proportion of p

Sarah Speirs Activity in the Scottish housing market is set to see slower growth over the next three months, following a short-term rush for buy-to-let properties, the latest survey from the Royal Institution of Chartered Surveyors (RICS) has revealed.

Scottish school children will be encouraged to manage their money from an early age through a new Junior Savers Scheme. Credit unions will be able to bid for a share of £300,000 Scottish Government funding to develop savers schemes in schools across the country next year.

Europe is divided on the UK remaining part of the single market, were it to leave the European Union, research carried out by the University of Edinburgh suggests. Nearly half of Germans surveyed are in favour of a post-Brexit UK staying in this trading bloc, but only a quarter of French respondents

Lindsay Gardiner Scotland is set to outperform Wales, Northern Ireland and the North-East in terms of economic output, but with growth still below the UK average, according to PwC’s latest UK Economic Outlook report.

Gerard Kelly (left) with Scott Miller The former head of the Scottish Investment Bank is moving to a senior executive position in one of the UK’s biggest recruitment firms.

Blair Nimmo Head of KPMG’s restructuring practice in Scotland, Blair Nimmo, has been appointed by the global firm as the new boss of its UK restructuring business.

Union Street, Aberdeen. Incentives for occupiers in the Aberdeen office market have hit record levels as the city’s commercial property sector faces a perfect storm, according to a newly published study by Knight Frank.

Margaret Davidson

Tax that the UK Supreme Court today ruled should have been paid on bonuses handed out over a decade ago will now have to be paid by investment banking giants Deutsche Bank and UBS. The bonuses were paid to investment bankers via offshore accounts in the form of shares to avoid attracting income tax