News

The cost of the Edinburgh Trams Inquiry, which was set up to establish what went wrong with the £776m project that went massively over budget and was completed five years later than planned, has been revealed. The probe, examining the cost of the inquiry into the excessive overspending on the trams

The Council of Mortgage Lenders has estimated that gross mortgage lending reached £20.7 billion in June - 16 per cent higher than May’s lending total of £17.8 billion, and 3 per cent higher than the £20.1 billion lent in June last year. It is the highest June figure in eight years when gross le

Derek Weir and Jim Rigby The oldest golfing society in the world, the Royal Burgess Golfing Society, in Barnton Edinburgh, has completed a £750,000 refurbishment of its facilities with support from a £580,000 funding package from Bank of Scotland.

Unite, the banking union, has criticised the Royal Bank of Scotland’s proposals to relocate more jobs to India. The union has called out state-backed lender Royal Bank of Scotland on its plans to move another 66 jobs from Britain to India, calling it a gross betrayal of the bank’s workforce.

Over eighty of the UK’s leading directors from across the country, including five from Scotland, have been shortlisted for the Institute of Directors’ annual Director of the Year Awards Finals. Directors from Scotland on the UK Director of the Year Awards shortlist are:

Lockton, Corporate Scotland, part of the world’s largest privately-owned insurance broker, is marking its best trading year to date with a move to substantially bigger premises in one of the most attractive neo-classical office buildings in the heart of Glasgow city centre. It is leaving its curre

Martin Gilbert CEO of Aberdeen Asset Management has raised questions over why so few chief financial officers are female. Speaking ahead of a diversity forum at the Aberdeen Asset Management Ladies Scottish Open, Mr Gilbert highlighted that despite 60 per cent of the intake into the accountancy prof

Fifteen Scottish-based accountants have been named among ICAS’s 35 Chartered Accountants (CAs) under 35 for 2016. The global body of finance professionals said the list, which includes entries spanning six continents, recognises “the best and brightest Chartered Accountants who are making a diff

ICAS has launched its strategy to assist the UK Government's plans to move HMRC to a fully digital tax system. The 'Making Tax Digital' programme will require most businesses and individuals to interact online in real-time with HMRC.

The Dumfries and Galloway lettings market is experiencing high levels of interest and activity from tenants seeking rural properties to rent, for a taste of county living, according to Scottish property consultants, CKD Galbraith. The increase in prospective tenants in the region has led to properti

Tom MacLennan, Iain Fraser and Geoff Rowley, partners at FRP Advisory, the business advisory firm, have been appointed as joint administrators to The Dunne Group Limited and 5 subsidiaries, the UK civil engineering and construction business. The business has ceased trading with immediate effect resu

Lyall Dochard Healthcare and medical solutions company Iqarus has appointed Lyall Dochard as chief financial officer to lead the company’s financial and governance strategy as it continues its rapid global growth in remote and difficult operating environments.

David Mundell Unemployment in Scotland fell by 18,000 in the period March to May 2016, and now stands at 152,000, according to Office for National Statistics (ONS) data released today.

The Perth-based venture capital fund manager and investor, Braveheart Investment Group, has declared a positive and profitable start to its financial year. At the company’s annual meeting in London, chairman Jeremy Delmar-Morgan told investors that Braveheart was on track to post a profit for the

Aberdeen’s only micro-brewery has launched in the city as a result of a six figure investment into its new headquarters.