An total of £160 billion has been collectively denied to savers as a result of historically low interest rates, according to latest estimates. Financial services firm Hargreaves Lansdown said the loss equates to £6,000 per household in the UK.
News
A tourism tax aimed at raising up to £15 million annually for Edinburgh is expected to be given the go-ahead. The news comes as a senior councillor at Highland Council has suggested a tax on hotel rooms would raise millions of pounds to improve facilities and attractions in the north of the country
Edinburgh University officials have been forced to scrap a plan calling on tutors to leak private information about students who told them about debt problems. Lecturers were instructed to pass the information of hundreds of students who had fallen behind in their tuition fee payments on to official
The Scottish government has released a guidance booklet on the community right to buy for communities, community bodies and landowners.
Statistics announced today by Scotland’s Chief Statistician in the latest Retail Sales Index for Scotland release, covering the period October to December 2015, show that the volume of retail sales in Scotland increased by 0.6 per cent in the fourth quarter of 2015 and grew by 2.2 per cent annuall
Nathan Bastock Spanish-based banking giant Santander has been announced as the 200th employer to commit to the Scottish Business Pledge to fair employment practices.
Gary Le Sueur Inspiring Scotland, the Scottish venture philanthropy firm, has appointed Gary Le Sueur of Scottish Equity Partners (SEP) to its board of directors.
The Ca'd'oro Building. One of Glasgow’s most well-known buildings has changed hands for £14.1 million in a move that indicates increased foreign investment in the city’s commercial property.
New data from HMRC has revealed that around 870,000 self assessment taxpayers missed the 31 January deadline. According to figures released yesterday, a total of 10.39 million self-assessment tax returns were completed online, over 92 per cent of the total returns expected, and 150,000 more than las
Edinburgh-based property group Lomond Capital has completed the acquisition of a Birmingham-based estate agency as part of a new expansion drive south of the border. The deal sees Lomond-owned Marwood Homes and John Shepherd Lettings merge with John Shepherd Estate Agents.
Plans to introduce an additional supplement on homeowners buying a second home or buy-to-let property will make it even harder for the most vulnerable tenants to get the accommodation they want at a price they can afford, the Scottish Association of Landlords (SAL) has said. Published by the Scottis
John Swinney Deputy first minister John Swinney has vowed not to increase taxes for low paid workers as MSPs prepare to debate the Draft Budget 2016/17 for the first time at Holyrood later today.
Sarah Speirs Scottish rural land prices fell in the latter half of 2015, according the latest survey by the Royal Institution of Chartered Surveyors (RICS) and Royal Agricultural University (RAU).
The £1.6bn flotation of the Clydesdale Bank has begun after a 24 hour postponement. Shares are now being traded on the London Stock Exchange under the new name CYBG following its demerger from parent company National Australia Bank which bought the Glasgow-based lender in 1987.
Scotland’s biggest public relations firm The Big Partnership has undergone an £11m management buy-out by six board members. The deal values the 40 per cent stakes held by owners Alex Barr and Neil Gibson at £4m each with the expectation that they will slowly wind down their involvement.