News

Detached home owners in Scotland looking to downsize could be in line for a potential windfall of over £100,000 if they trade down to a semi-detached property, according to the latest research from Bank of Scotland. Those planning to move from a detached properly to a bungalow could raise an averag

The number of business start-ups recorded in Scotland during the fourth quarter of 2015 (2,488) was down by nearly 17 percent on the previous quarter (2,990) and 2 per cent behind the same quarter last year (2,539), according to latest data from the Committee of Scottish Bankers. Figures for the fou

Edinburgh-based investment firm Castle Street Investment has securing £19 million of new banking facilities with Royal Bank of Scotland. The AIM-listed company, which was created by Scots entrepreneur Bill Dobbie following the sale of his Cupid online dating business said the resource provides the

Visitors to Scotland celebrating their ancestry generated an estimated £390,000 of net additional spend for the tourism industry in 2015, according to new figures. The Scottish Clan Event Fund, administered by EventScotland, provides clans and clan societies with grants to run and promote events su

Katherine Garrett-Cox Katherine Garrett-Cox will leave Dundee-based investment firm Alliance Trust today with a redundancy payment of £668,000 and share options worth £5million.

Glasgow City Council has announced that around 1,500 jobs are set to go as part of £130 million in cuts to its budget. Scotland’s biggest council revealed yesterday that the reduction jobs, which will save £25m, will take place over the next financial year.

33 year-old Paraplegic, Ryan MacDonald, who is able to play golf again with the help of a paragolf buggy at Mearns Castle Golf Club, Glasgow. Scottish chartered accountant and business advisory firm Alexander Sloan has guided a charity that will this year see wheelchair users in Scotland able to pla

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.