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Union Street, Aberdeen. Aberdeen’s hotel sector experienced its second successive monthly drop of over 40 per cent in year-on-year revenue in November, according to the latest report by accountants and business advisers BDO.

The Supreme Court has ruled a company’s VAT repayments, made after it overpaid VAT, are liable to corporation tax. The appellant, Shop Direct Group (SDG), is a company in the Littlewoods corporate group (the Group).

More Scots are in work than ever before, according to latest official labour market statistics released today. Office for National Statistics data for October to December 2015 show that the overall employment rate increased to 74.8 per cent, just outperforming the UK of of 74.1 per cent, and that th

New data from the Council of Mortgage Lenders has revealed a mixed picture on lending in November to December. However, on an annual basis, the value of lending grew across all lending types.

The Scottish Green Party has stepped up its calls for action on the cost of renting a home as a new poll revealed most Scots support a points-based system of rent controls. The Scottish Government agreed that its Private Housing (Tenancies) (Scotland) Bill would include the ability to introduce rent

The results of a poll conducted by the Scottish Chambers of Commerce has revealed that 68 per cent of its members would vote for the UK to remain a member of the EU at the pendind referendum, “if the poll were held tomorrow”. On the timing of the referendum a majority of the businesses wanted th

Demand for professional talent in Scotland has declined by 19 per cent in the 12 months to January 2016, according to the Association of Professional Staffing Companies (APSCo). The data, provided by recruitment software company, Innovantage, revealed that growth in the region varied considerably be

Fergus McDiarmid Scots law firm Morton Fraser is to provide legal services to two pensions providers after being appointed to their panels of commercial real estate legal advisers.

Charles Luke Edinburgh-based, Aberdeen Asset Management-run investment trust Murray Income, saw net asset value total return fall by one per cent in the six months to December 31, which beat the all-share index’s fall of two per cent.

Fraser Wilson Fraser Wilson, partner PwC Scotland, reflects on the journey of the Financial Services sector in Glasgow following PwC's most recent Glasgow Powerhouse debate and shares his views on the opportunities that lie ahead.

The first month of the year saw total Scottish retail sales decrease by 3.8 per cent compared with January 2015, when they had declined by 2.3 per cent. The result, recorded by the Scottish Retail Consortium and KPMG, was is the weakest store performance since April 2012, but follows the best perfor

(L-R): Back row: Keith Graham (tax assistant formerly of Neil Ross & Company); Sean Cockburn (tax director of Murray Beith Murray); Neil Ross (tax consultant formerly of Neil Ross & Company); front: Hugh Younger Edinburgh-based law firm Murray Beith Murray has announced its acquisition of fi

UK inflation edged up to a 12 month high in January, according to latest official figures released today. An easing in the recent dramatic fall in petrol prices saw inflation, as measured by the Consumer Prices Index, rise by 0.3 per cent, the Office for National Statistics said.

Russia has been joined by three Opec countries in agreeing to freeze oil output at January levels, as long as others follow suit. Minsters from Saudi Arabia, Qatar, Venezuela and Russia met in Doha today before announcing the agreement which could lead to a stabilisation in oil prices which have bee

Susannah Simpson Scotland’s ‘generation rent’ is expected to continue throughout the next decade as the country is predicted to be one of UK’s fastest growing private rental markets.